Manufacturing Trends: Domestic vs. International Outlook 2023 PPT

This PPT slide, part of the 24-slide Digital Transformation: People Ecosystem PowerPoint presentation, presents insights into the manufacturing outlook for 2023, focusing on the impact of digital transformation and automation on operational costs in mature markets. It highlights 2 key areas: manufacturing in home countries and manufacturing abroad.

In the left section, the data indicates a strong expectation for increased domestic manufacturing across regions, with EMEA leading at 62%. This suggests a significant shift towards local production, likely driven by factors such as cost efficiency and a desire to mitigate risks associated with global supply chains. The figures also show that only a small percentage anticipates a decrease in domestic manufacturing, with EMEA at 8%, indicating a general consensus on the positive trend.

The right section addresses manufacturing abroad, where the outlook is less optimistic. The EMEA region again shows a notable figure of 38% expecting an increase in overseas manufacturing,, but this is considerably lower than the domestic increase. The data suggests that while some companies may still seek to leverage lower costs in emerging markets, the overall trend is shifting towards localizing production.

The slide emphasizes the importance of digital transformation in shaping these trends. Companies are likely recognizing the need to adapt their strategies to enhance operational efficiency and workforce management. As organizations consider these insights, they should evaluate how digital initiatives can support their manufacturing strategies both at home and abroad. This dual focus on local and global operations will be crucial for maintaining competitiveness in the evolving market landscape.

This slide is part of the Digital Transformation: People Ecosystem PowerPoint presentation.

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