Manufacturing Magazine - October 2021 | Page 21

risk of centralising all production in a single region . Although Asia will continue to dominate as a choice location for manufacturers , I anticipate manufacturing operations to be complemented with a greater number of manufacturing hubs in other regions throughout the globe .
The value of data , and analytics , is widely accepted , and I expect that manufacturing operations will continue to develop their data skills maturity to extract greater value and competitive edge . Through the collection and analysis of data , manufacturers will hold increasing amounts of information about endconsumers , and in some areas , we will see a continued trend towards compressed value chains and direct to consumer models . Data will also

“ So , in the next decade , we will see a fundamental change in many areas – ‘ greener ’ manufacturing , more digital business models , and different work environments – will all impact how the industry operates ”

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