According to one of the KPMG reports, manufacturers are rethinking their product development strategy and are increasingly focused on enhanced spending, shiſting towards breakthrough innovation objectives and exploring new collaborative business models to create competitive advantage. Ask a manufacturer to identify their biggest supply chain challenge and you’ll more than likely hear the word visibility. But to achieve greater visibility, organisations will need to improve the integration of their supply chain by deeper penetration of IT. Tere is a need to utilise technology and build trust to create beter visibility and transparency across the supply chain. Te global industry stakeholders need to address the ‘disruptive complexity’ caused by the accelerating pace of change, advances in manufacturing process, material science, decision support tools and breakthrough innovation.
India has 65% of its population below 35 years of age. Prime Minister Modi has focused on good and effective governance. Making progress a national participative mass movement, he has launched a website
www.Mygov.nic.in, to invite worldwide suggestions and engagement. Being genuinely contrite about the current manufacturing disproportion in the country’s GDP, he has launched a “Make in India” campaign to encourage manufacturing in India. He has launched a 3D campaign — Democracy, Demographic dividend and Demand.
Corporate Japan is reporting record profits again, as thriving companies in pedestrian industries like parts and materials help make up for the lagging fortunes of the ones who used to be hot-makers of consumer goods. Aſter having lost its competitive advantage in consumer electronics, Japan has begun going up the value chain focusing on high-end materials and high-value parts.
We need your input on any industry news, views and any observation about the industry around you. Your feedback will be useful to us to beter inform our reader’s about a beter tomorrow.
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www.zeiss.com/smartzoom 17 | commercial micro manufacturing international Vol 7 No.6
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