As manufacturing continues to evolve, the nature of work and skills must also adapt to fit the new needs of the industry. These short and long-term changes require manufacturing leaders to weigh various factors and competing priorities to make informed investment decisions. Manufacturing leaders are constantly thinking how to best position their company in a competitive marketplace and set themselves up for success over the long term. To do so, they must prioritize investments, making tough but important decisions about where to deploy marginal dollars. To further explore this topic, the MI and Cognizant conducted a study that explores the different approaches manufacturers take in making investment decisions this summer.
This webinar will highlight key takeaways from the upcoming paper to be released on Oct. 10. In addition, there will be a discussion with panelists about strategies manufacturers use in determining their future growth plans and investments.
- Nishanth Vallabhu, Industrial and Process Manufacturing Industry Leader, Cognizant
- Chad Moutray, Director, Center for Manufacturing Research
- Daniel Kennel, Director, Corporate Strategy & Ventures, BorgWarner
- Elisabeth Smith, President and CEO, Acutec Precision Aerospace
Read the Report
This report identifies current and marginal investment priorities for manufacturers. The study consisted of an online survey and in-depth interviews with industry leaders. Three key themes emerged across manufacturer size and industry:
- Increasing throughput and lowering costs where possible
- Creating new opportunities for growth
- Building a stronger, more resilient workforce