The recent recession has wiped off many big companies off their business. Many have just survived luckily but are badly hurt (economically). It may take very much time for them to recover and get back to the situation what it was before recession.
Many manufacturing firms have started recovering from the economical downturn and have started back to focus on strategies. A recent report from IDC Manufacturing Insights, says that many of the manufacturing firms are adopting Operational Excellence in order to recover faster. Operational Excellence helps businesses to improve continuously and consistently with the help of stronger teamwork atmosphere.
Going in depth into the report, around 57% of the European manufacturing companies that participated in the survey have responded that they are going to focus more on operational excellence and have expressed faith in it. About 40% of them have said that IT plays an important role in supporting their efforts to recover through operational excellence.
Manufacturing Intelligence, Quality Management Systems, Lean, MES, and Factory Automation Applications are the vital initiatives that manufacturing firms are going to focus in order to achieve operational excellence.
Many manufacturing firms have started recovering from the economical downturn and have started back to focus on strategies. A recent report from IDC Manufacturing Insights, says that many of the manufacturing firms are adopting Operational Excellence in order to recover faster. Operational Excellence helps businesses to improve continuously and consistently with the help of stronger teamwork atmosphere.
Going in depth into the report, around 57% of the European manufacturing companies that participated in the survey have responded that they are going to focus more on operational excellence and have expressed faith in it. About 40% of them have said that IT plays an important role in supporting their efforts to recover through operational excellence.
Manufacturing Intelligence, Quality Management Systems, Lean, MES, and Factory Automation Applications are the vital initiatives that manufacturing firms are going to focus in order to achieve operational excellence.
