Small manufacturers can successfully go global, by focusing on three key opportunities: sales, production, and procurement. Yet only 46% even have a global strategy. The key to global growth is getting started…so what are you waiting for?
Identifying lead indicators and getting your hands upon critical plant floor information and metrics in real-time gives small and mid-sized manufacturers insights that allow them to see — and react — to problems now while boosting performance tomorrow.
Small and mid-sized manufacturers (SMEs) have a secret weapon: it is easier for them to partner for growth by tapping into the power of their supply chain
A year ago, manufacturing executives expected that their 2012 plant sales would increase by 9% (median) and 10.5% (average), according the 2011 MPI Manufacturing Study.[1] Those projections may yet turn out to be true given recent U.S. Department of Commerce data. Despite a modest drop in value of manufacturing shipments from May to June this year, the value of all manufacturing shipments year-to-date rose 5.8% across all industries vs. 2011 (not seasonally adjusted).[2] Both durable goods and non-durable goods shipments posted year-to-date increases, 9.1% and 3%, respectively. Primary metals lead the durable goods sector with a 20.9% increase; plastics and [...]
