{"id":39824,"date":"2023-01-01T10:17:00","date_gmt":"2023-01-01T10:17:00","guid":{"rendered":"https:\/\/www.elixirr.com\/?p=39824"},"modified":"2025-11-11T08:29:24","modified_gmt":"2025-11-11T08:29:24","slug":"2023-trends-manufacturing","status":"publish","type":"post","link":"https:\/\/www.elixirr.com\/en-gb\/2023-trends-manufacturing\/","title":{"rendered":"2023 trends: manufacturing"},"content":{"rendered":"\n

The manufacturing industry has faced a range of challenges this year as a consequence of global events and macroeconomic stressors, and it will continue to in 2023. Most crucially, it has brought about a sharp focus on developing supply chain resilience, and in some cases improving profit margins by driving down supply chain costs. This starts with the creation of an iron-clad supply chain. <\/p>\n\n\n\n

As sustainability and ESG-centric approaches become embedded into every aspect of business function, their role in the supply chain will remain crucial in 2023. Responding reactively may expose companies to varied risks, so expect to fully reconsider the way that supply chains are built. This starts with a shift from \u2018just in time\u2019 to \u2018just in case\u2019<\/em> mindsets.<\/p>\n\n\n\n

Our manufacturing expert, Partner Dieter Halfar<\/a>, offers his insight.<\/p>\n\n\n\n

The resurgent importance of supply chain resilience <\/strong><\/h2>\n\n\n\n

Recent supply chain shocks have woken up manufacturing leaders and investors to the importance of improving supply chain resilience. Resilience is defined by a supply chain\u2019s capacity for resistance and recovery. In other words, the degree to which it is insulated from unexpected competition, sudden market trend shifts, or even rapid changes in customer behaviour. The most resilient supply chains employ people and technologies that enable them to forecast and anticipate changes, in turn reducing the amount of risk they are prone to facing. Investing in supply chain resilience in 2023 will result in more efficient operations, in addition to added productivity levels.<\/p>\n\n\n\n

In 2019, PwC<\/a> claimed the following about creating resilient supply chains: \u201cIt\u2019s not just about playing defence \u2013 it\u2019s also about playing offense \u2013 finding competitive advantage by shaping a supply chain resilience strategy focused on disruption avoidance.\u201d At Elixirr, we believe that enhanced supplier and network due diligence, through the use of alternative and emerging data sources, the use of digital technology to improve the speed and transparency of event detection and subsequent analysis and decisioning, as well as an increased focus on integrating ESG risks, are among the top focus areas that will help ensure companies stay ahead of emerging global risks, such as regulatory changes and geo-political events. <\/p>\n\n\n\n

Our work this year with some major global manufacturers has highlighted a few key areas for business leaders to be aware of. Manufacturers should be investing in emerging industry technologies and partnerships as a key driver in shoring up supply chain resilience. <\/p>\n\n\n\n

\n

Manufacturers should be investing in emerging industry technologies and partnerships as a key driver in shoring up supply chain resilience<\/p>\n<\/blockquote>\n\n\n\n

Artificial intelligence <\/h2>\n\n\n\n

We have noticed a significant interest in the accelerated use of artificial intelligence in predictive analytics, industrial IoT for real time tracking, robotic automation for improved labour efficiency, and modern cloud provider-agnostic data infrastructure aimed at efficient scaling and integration of data sources across previously disparate supply chain participants.<\/p>\n\n\n\n

Innovation<\/h2>\n\n\n\n

In addition to a rekindled interest in technology solutions from manufacturers, recent global supply chain challenges have created the perfect breeding ground for supply chain-related innovations. We have noticed an influx of venture capital interest, looking to support and invest in disruptive supply chain technologies. For example, take Andreessen Horowitz who invested in Flexport<\/a> \u2013 a supply chain management company that more than doubled their gross revenue in 2021 to $3B. Or Bain Capital that invested in Ataccama,<\/a> a data management software firm helping to drive supply chain optimisation. And Menlo Ventures who invested in Scout, since then acquired by Workday, which helps companies streamline supplier selection.<\/p>\n\n\n\n

At Elixirr, we have a particular interest in helping our manufacturing clients improve their ability to effectively discover emerging technology and rapidly evaluate, test and scale new solutions. We harness the power of the market and in particular, our global innovation network<\/a> that we have curated since 2015 to do this. It is this experience and track record in building world-class partnerships and co-creating new solutions that drives our strong belief that\u00a0\u201cif you want to go fast, go alone but if you want to go far, go together.\u201d<\/p>\n\n\n\n

Get in touch<\/a> with Dieter and our team today.<\/p>\n","protected":false},"excerpt":{"rendered":"

The manufacturing industry has faced a range of challenges this year as a consequence of global events and macroeconomic stressors, and it will continue to in 2023. Most crucially, it…<\/p>\n","protected":false},"author":1,"featured_media":39831,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[116],"tags":[338,145],"related_service":[],"related_industry":[56],"class_list":["post-39824","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-2023-trends","tag-manufacturing"],"acf":[],"yoast_head":"\n2023 trends: manufacturing - Elixirr<\/title>\n<meta name=\"description\" content=\"The manufacturing industry has faced a range of challenges this year and it will continue to in 2023. 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https:\/\/www.elixirr.com\/en-gb\/wp-content\/uploads\/2022\/12\/Manufacturing-trends-2023-1640x984.jpg 1640w\" sizes=\"(max-width: 2400px) 100vw, 2400px\" \/> <div class=\"wp-component-card__preview-icon\">\n <span class='edwp-svg '><svg width=\"47\" height=\"47\" viewBox=\"0 0 47 47\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n<g>\n<path d=\"M23.4141 0.539062C36.1232 0.539183 46.4258 10.8416 46.4258 23.5508C46.4257 36.2599 36.1231 46.5624 23.4141 46.5625C10.7049 46.5625 0.402465 36.2599 0.402344 23.5508C0.402344 10.8415 10.7048 0.539062 23.4141 0.539062ZM23.4141 1.68945C11.3606 1.68945 1.55273 11.4974 1.55273 23.5508C1.55286 35.6041 11.3607 45.4111 23.4141 45.4111C35.4673 45.411 45.2743 35.604 45.2744 23.5508C45.2744 11.4974 35.4674 1.68957 23.4141 1.68945Z\" fill=\"currentColor\"\/>\n<path d=\"M19.2841 33.6992C18.9579 33.6986 18.6374 33.6111 18.3543 33.4454C17.7167 33.0759 17.3203 32.3585 17.3203 31.5797V15.8189C17.3203 15.0379 17.7167 14.3227 18.3543 13.9531C18.6442 13.7827 18.9735 13.6951 19.3078 13.6994C19.6421 13.7037 19.9692 13.7998 20.2548 13.9776L33.4237 22.0406C33.6981 22.2166 33.9244 22.461 34.0812 22.751C34.238 23.0409 34.3203 23.3668 34.3203 23.6982C34.3203 24.0295 34.238 24.3555 34.0812 24.6454C33.9244 24.9353 33.6981 25.1798 33.4237 25.3558L20.2527 33.421C19.9604 33.6017 19.6256 33.6979 19.2841 33.6992Z\" fill=\"currentColor\"\/>\n<\/g>\n<\/svg>\n<\/span> <\/div>\n <\/figure>\n <div class=\"wp-component-card__content edwp-row-load\">\n <p class=\"wp-component-card__eyebrow\">\n Articles <\/p>\n <a href='https:\/\/www.elixirr.com\/en-gb\/2023-trends-manufacturing\/' class='wp-component-card__title'>\n <h2>\n 2023 trends: manufacturing\n <\/h2>\n <\/a> <div class=\"wp-component-card__description\">\n The manufacturing industry has faced a range of challenges this year as a consequence of global events and macroeconomic stressors, and it will continue to in 2023. Most crucially, it… <\/div>\n <div class=\"wp-component-card__meta\">\n <p class=\"wp-component-card__date\">\n 01 January 2023 <\/p>\n <div class=\"wp-component-card__terms\">\n <div class=\"wp-component-tags edwp-component\">\n <div class=\"wp-component-tags__tag\">\n Manufacturing <\/div>\n <\/div>\n <\/div>\n <\/div>\n <div class=\"wp-component-card__button-wrapper\">\n <button class=\"btn btn--link arrow wp-component-card__button\">\n Read more <span class='edwp-svg '><svg width=\"20\" height=\"20\" viewBox=\"0 0 20 20\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n<g id=\"Lg\">\n<path id=\"Vector\" d=\"M1.12509 9.50162H15.8648L9.43259 3.06941C9.374 3.0113 9.3275 2.94216 9.29576 2.86599C9.26403 2.78981 9.24769 2.70811 9.24769 2.62559C9.24769 2.54307 9.26403 2.46137 9.29576 2.38519C9.3275 2.30902 9.374 2.23988 9.43259 2.18177C9.54971 2.06535 9.70814 2 9.87328 2C10.0384 2 10.1969 2.06535 10.314 2.18177L17.8151 9.6829C17.8737 9.74101 17.9202 9.81014 17.9519 9.88632C17.9837 9.96249 18 10.0442 18 10.1267C18 10.2092 17.9837 10.2909 17.9519 10.3671C17.9202 10.4433 17.8737 10.5124 17.8151 10.5705L10.314 18.0717C10.1975 18.1871 10.0404 18.2522 9.87641 18.2529C9.79414 18.2534 9.71259 18.2376 9.63643 18.2065C9.56027 18.1754 9.491 18.1296 9.43259 18.0717C9.374 18.0135 9.3275 17.9444 9.29576 17.8682C9.26403 17.7921 9.24769 17.7104 9.24769 17.6278C9.24769 17.5453 9.26403 17.4636 9.29576 17.3874C9.3275 17.3113 9.374 17.2421 9.43259 17.184L15.8711 10.7518H1.12509C0.959309 10.7518 0.800312 10.686 0.683084 10.5687C0.565857 10.4515 0.5 10.2925 0.5 10.1267C0.5 9.96093 0.565857 9.80193 0.683084 9.68471C0.800312 9.56748 0.959309 9.50162 1.12509 9.50162Z\" fill=\"#1D0F25\"\/>\n<\/g>\n<\/svg>\n<\/span> <\/button>\n <\/div>\n <\/div>\n<\/article>\n","_links":{"self":[{"href":"https:\/\/www.elixirr.com\/en-gb\/wp-json\/wp\/v2\/posts\/39824","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.elixirr.com\/en-gb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.elixirr.com\/en-gb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.elixirr.com\/en-gb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.elixirr.com\/en-gb\/wp-json\/wp\/v2\/comments?post=39824"}],"version-history":[{"count":2,"href":"https:\/\/www.elixirr.com\/en-gb\/wp-json\/wp\/v2\/posts\/39824\/revisions"}],"predecessor-version":[{"id":62794,"href":"https:\/\/www.elixirr.com\/en-gb\/wp-json\/wp\/v2\/posts\/39824\/revisions\/62794"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.elixirr.com\/en-gb\/wp-json\/wp\/v2\/media\/39831"}],"wp:attachment":[{"href":"https:\/\/www.elixirr.com\/en-gb\/wp-json\/wp\/v2\/media?parent=39824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.elixirr.com\/en-gb\/wp-json\/wp\/v2\/categories?post=39824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.elixirr.com\/en-gb\/wp-json\/wp\/v2\/tags?post=39824"},{"taxonomy":"related_service","embeddable":true,"href":"https:\/\/www.elixirr.com\/en-gb\/wp-json\/wp\/v2\/related_service?post=39824"},{"taxonomy":"related_industry","embeddable":true,"href":"https:\/\/www.elixirr.com\/en-gb\/wp-json\/wp\/v2\/related_industry?post=39824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}