TRENDS AFFECTING ENGINEERING AND MANUFACTURING SECTOR
Companies in the engineering and manufacturing (E&M) sector are currently impacted by the trend of shifting markets. This increases competition from lower-cost organizations and brings changes in demand patterns which are moving the center of economic gravity to emerging markets. At the same time, many companies are increasing their focus on re- and near-shoring activities. They are also struggling to respond effectively to customer demand for shorter lead times and quicker product provision, particularly the availability of spare parts. Strategic network design enables an optimized infrastructure footprint, unlocking potential in the supply chain.