A new report has revealed how manufacturers believe their agility has fallen over the last 12 months, as firms continue to be significantly impacted by recruitment challenges and supply chain disruption. Nevertheless, there is some positive news in that many manufacturing organisations are continuing to invest in their products, people, premises and processes.
The 2022 Manufacturing Agility Assessment, which was launched on day one of Smart Factory Expo in Liverpool and is the second iteration in the agility assessment series, painted a worrying picture of labour shortages and supply chain disruption, with 55% saying they have been significantly impacted when it comes to recruitment in the last year and 69% citing issues with sourcing material and components.
Some of the report’s key findings include:
- 47% of manufacturers say they are extremely or highly agile (vs. 74% last year)
- 69% of manufacturers say they have been significantly or highly impacted when it comes to Sourcing raw materials/component parts from suppliers (vs. 75% last year)
- 55% of manufacturers say they have been significantly or highly impacted when it comes to recruitment (vs. 46% last year)
- 78% of manufacturers accelerated investment plans (in products, people, premises, processes) to mitigate recent world events (vs. 61% last year)
- 67% of manufacturers precautionarily stockpiled inventory to mitigate recent world events (vs. 40% last year)
You can download your copy of the 2022 Manufacturing Agility Assessment below. The full report contains detailed insights gleaned from interviews with manufacturers to provide valuable context to the data.
