With revenue growth remaining challenging, a significant proportion of manufacturers are working to build Direct to Consumer channels, according to a new report published by The Centre for Supply Chain Management at Cranfield University and LCP Consulting.
Achieving the United Nations’ Global Goals for Sustainable Development could create market opportunities worth US$12 trillion. A collaborative platform has been launched to help businesses realise those opportunities. Jonny Williamson explains how.
UK manufacturers have until 17 April, 2017 to have thier voice and opinions heard by government in regards to its Industrial Strategy consultation, yet not enough small companies are making the most of the opportunity, according to Dr Steven Barr, managing director of the Hennik Edge consultancy.
As the concept of Industry 4.0, the Internet of Things, smart factories, big data and digitalisation makes headlines, will manufacturers realise the full potential of the available technologies, and use them to their full advantage?
Manufacturers say they want to use the technologies of Industry 4.0 (4IR) to improve their businesses. But the barriers to investment seem to be high and many are not moving quickly enough as markets change.
When big meets small, slow meets fast and old meets young there are bound to be culture clashes. Nevertheless, ‘David and Goliath’ collaborations can and do bring many benefits to both parties. Dr Frank Tietze from the University of Cambridge’s Institute for Manufacturing explores strategies that enable established companies and start-ups avoid the pitfalls and reap the rewards of cooperation.