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Looking Back on 2015 in Manufacturing

Joe Ptak on Dec 1, 2015 6:30:00 AM

120115_ImageWhere did 2015 go? It feels like it was just yesterday I was washing down a cocktail weenie with cheap champagne on New Year’s Eve. Oh well, as with any year winding down, it’s advisable to take inventory and reflect on just how successful of a campaign it really was. It’s also a perfect time to take a look at what we got right and what we got wrong. Nowhere is this truer than in the world of manufacturing, where pondering on the previous year will help shape forecasts and ensure your company is ready for what lies ahead. And when it comes to predictions, Software AG appears to have gotten many right in its 10 Supply Chain and Manufacturing Predictions for 2015.

Here are a few they really nailed:

The Internet of Things (IoT) will enable extreme industrial innovation. IoT dominated the headlines in 2015 as everyone scrambled to connect anything that could be connected. The more your manufacturing entities are communicating, the more likely you’ll find yourself in good conversation.

Re-shoring will continue but supply chains will remain global, large and complex. Many manufacturers brought production back to the U.S. in 2015 as uncertainty and labor costs in China rose. However, this hasn’t stopped companies across the nation from global expansion in their supply chain.

3D printing will become central to manufacturing strategy. Additive manufacturing is no longer a novel concept; it has become a vital means of nimble production for many businesses. Soon the term “additive manufacturing” will no longer exist; it will just be called “manufacturing” as we know it.

Read More

Download the 2015 Purchasing and Manufacturing Survey from Prime Advantage

Topics: Manufacturing, Analytics and Technology

Joe Ptak

Posted by Joe Ptak

Joe Ptak is the Manager of Marketing Communications for Prime Advantage. Joe is a perception engineer who contemplates the meaning of life every time he stares at a spreadsheet for too long and has never, Ever, taken an elevator to the 2nd floor.

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