2023 State Of Manufacturing: Technology Is The Tailwind Driving Future Success

2023 State Of Manufacturing: Technology Is The Tailwind Driving Future Success

Share to Linkedin The 8th annual State of Manufacturing Report has been released, and the data shows an industry eager to adopt new technologies in the face of economic uncertainty and workforce challenges. For the report, Fictiv partnered with Dimensional Research to conduct a survey of over 240 leaders in engineering, supply chain, manufacturing and product development from a variety of industries — including medical devices, robotics, automotive, aerospace, and consumer electronics — to get a current, accurate representation of the manufacturing industry. Today, we're (mostly) clear of the pandemic and the supply chain disruptions of the past few years. New challenges have taken their place, but leaders have learned a thing or two from the trials of the recent past, and are rising to meet them. Here's how they're getting it done. In a world where geopolitical uncertainty, financial market instability, and inflation are mounting concerns, companies are focusing more than ever on driving innovation — 49% responded that increasing the speed of new product innovation was a top priority, an increase of 11% over last year. In order to innovate quickly, you need a supply chain that can keep up, and you've got to understand where in your