Top Manufacturing Trends That Are Influencing 2023 Planning

Trends that we have seen over the past couple of years are proving to have a lasting impact on the manufacturing industry. Our industry experts identified and explored the top three trends that we expect to continue driving your 2023 strategy and they include: supply chain disruptions, automation adoption, and labor shortages.

Businesses must be equipped to fulfill customers' demands, no matter how they may fluctuate. Manual processes that once ran your business can only take you so far. It’s time to modernize your processes to face today’s industry challenges.

According to a survey released by the American Chemistry Council, 97% of companies have reported changing their business processes to combat supply chain disruptions. When businesses have disparate systems that cannot communicate with one another, it leaves room for human error when transferring important data. The inability to track goods throughout the supply chain can cause over- or under-purchasing of materials and loss of credibility when customers’ orders are not on time.

Automation is a trend picking up in industries across the world. It can help manufacturers save time and money by reducing redundant work and wasted efforts from employees. Instead of reports taking days, automated real-time data reports will keep your business from skipping a beat when problems begin to manifest. This data is incredibly important when making crucial decisions about where employees are the best fit, which machines are at capacity, and whether your business may need more external resources.

With upgraded technology, processes, and automation, the search for more employees may be unnecessary. Labor shortages are making it difficult for businesses to attract and retain new talent. While low data visibility can cause a higher headcount than is needed, the resources you already have may be used inefficiently, making businesses prone to believe they need more employees than they actually do.

Not only do our industry experts hope to highlight common hurdles, but they also provide solutions to these most common trends of 2023.

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