Overcoming Visibility and Collaboration Hurdles in the Industrial Machinery
Supply Chain

Digital transformation is no longer optional for machinery sector companies seeking to differentiate themselves and gain an edge over their competition. Many companies will need to go beyond offering technology and cost savings; how and where they market their products and their perceived value will determine their competitive advantage. 

Current Market Analysis

$693.7B

The Industrial Machinery Market, valued at $693.7 billion in 2023, is projected to grow at a CAGR of 7.5% from 2024 to 2032.

50%

By 2025, 50% of all manufacturers will have extended visibility to Tier-3 supply, enabling agile supply chains and a 50% reduction in the impact of supply-side disruptions.

5-8%

While exciting advanced manufacturing technologies are emerging, many organizations have been challenged to make the right decisions on technology adoption. Major swings in technology and customer preferences call for visibility and collaboration in the industrial machinery supply chain.   

 

For organizations that act now, there is an opportunity to build effective industrial manufacturing supply chain management. The first big step involves taking the time to understand where potential challenges exist. 

Dive into our whitepaper to understand the importance of supply chain visibility and collaboration in the industrial machinery sector. We will understand the role of supply chain in manufacturing industry, vulnerabilities in industrial supply chains, examine the industry’s current state, and demonstrate how enhanced visibility and collaboration can transform supply chains, driving greater efficiency, resilience, and profitability.

Download our whitepaper to take control of your industrial supply chain with real-time data-driven insights on a seamlessly connected platform.

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