There are real opportunities for differentiation within manufacturing and we are already seeing increasing use of servitization as well as manufacturers going direct to the end-user. The benefits of a new approach can be; more share of wallet, longer-term contracts, better relationships with customers, steady cashflow forecasting and more. Lee Collinson reports.
Almost every UK manufacturer (94%) is alive to new ways of operating to achieve growth, according to the Annual Manufacturing Report 2020. That’s an overwhelmingly positive mindset, with only a small handful of businesses looking to persevere with methods that have – traditionally – proven successful. Even more encouraging is that almost the same amount (91%)…
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