Industrials

The Industrials sector has a very diverse landscape from automotive to aerospace to B2B electronics to long lifecycle products and mechanical engineering. The ecosystems are complex, comprised of original equipment manufacturers, systems integrators, component providers, maintenance, repair and overhaul companies, as well as end users.

Supply chain management and strategic sourcing requirements remain critical as manufacturers of capital goods equipment continue to face challenges resulting from global disruptions, demand variability and high levels of inflation. As does operational management which provides the levers to ensure stable operating margins: either through the application of value engineering, process optimization, organizational effectiveness and operational transformation efforts.

The reality for all players in this space is that it is an extremely competitive environment that is being disrupted by industry 4.0 and advancements in digitization and automation. For companies that can quickly adapt there are huge opportunities to turn these developments into long-term growth and profitability.

In a context where complexity and innovation are increasing and the requirements on managing capital expenditures and costs remain high, the urgency to deliver short-term performance improvements are inextricably linked with capability building and longer-term financial sustainability.