Voice of the Modern Manufacturing Economy Since 2013

Manufacturers are struggling to meet product demand without digitisation

on March 28, 2018, 07:33 am MDT

According to a new survey released by Winshuttle, manufacturers are currently feeling the strain of increasing production due to high demand.

The survey – which assessed more than 100 global manufacturers using SAP ERP systems – notes that 75% of manufacturers claim to be under increased pressure to reduce production time of new products.

28% of the manufacturers assessed want to cut New Product Introduction (NPI) cycles by more than a quarter.

KPMG, the professional services company, recently stated that to grow and remain competitive, manufacturers must release new products at a faster pace and on a larger scale.

90% of manufacturers are worried about consumer loyalty, KPMG suggests, and 78% are concerned about the relevancy of their products in the coming years.

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