Tuesday, February 2, 2016
Lesson #4: Manufacturing Globalization Demands New Strategies
Geographical closeness and customer responsiveness are often cited as some of the top motivators in bringing production back home, but will future demand still be driven by local markets or emerging ones?
Whether it is to exploit new markets or to lower manufacturing costs, the trend towards manufacturing globalization will only intensify. As a result, manufacturers need to ensure their ERP implementations are optimized to support extended international supply chains.