Manufacturing Magazine November 2015 | Page 18

PEOPLE & SKILLS
available , manufacturers are able to harness a greater understanding of customers and their changing demands , greater innovation can allow businesses to form more valuable partnerships within their business network .
As a result , manufacturers can look beyond their own company to build their strength , allowing them to better integrate with suppliers , customers and even their competitors . However , in order for innovation to be most effective in the year ahead and beyond , businesses must have the right technology foundations in place to support their desired growth .
While organisations may have the desire and optimism to change their business , without the right tools in place to execute their objectives , their ambitions are unlikely to become a reality .
Manufacturers exploring the notion of investment in innovation , have an abundance of choices which to choose from , but breakthrough R & D and incremental improvements to existing products and services seem to be the most popular .
18 November 2015