CREDIT: SUNDRY PHOTOGRAPHY VIA GETTY like AI give manufacturers the ability to optimise and expand operations, anticipate disruptions and deliver more value to customers,” Graham explains.
“ The companies that thrive will be those that combine operational excellence with resilient, adaptable supply chains, invest in their people and embrace innovation— not just to keep pace, but to shape the future of the industry.”
Over the next 18 months, he expects manufacturing to continue to shift from globalisation toward localisation.“ This doesn’ t mean globalisation will disappear entirely, but supply chains are becoming more regional and fragmented.”
For the past two decades, manufacturers have pursued global scale with operations in China, Latin America and Southeast Asia. While these changes helped to optimise costs, they are now creating supply chain challenges.
“ Companies must balance the need to be close to end markets with the operational efficiencies and scale that global sourcing offers,” says Graham.“ Those that can produce competitively near their customers while maintaining quality, agility and innovation will be best positioned to navigate this evolving landscape and seize opportunities in a more localised world.”
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