Report: Top Growth Strategy Will Surprise You

Posted at: 12:45 PM on Mon, Feb 06, 2012

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Manufacturers around the globe are turning to innovation - in their products and in their processes - to drive growth and improve margins in this low-growth economy.

A new white paper, produced by IDC Manufacturing Insights and sponsored by Infor, spells out what manufacturers globally are doing to elevate their positions. And it talks about what tools they're investing in to succeed. 


Some key points:

  • For growth, product innovation ranks higher than expansion into emerging markets.
  • Cost containment strategies are out of the plant and into the supply chain.
  • To achieve innovation, respondents say faster business processes (85 percent), access to real-time information (60 percent) and improved collaboration (60 percent) are critical.  
  • But 60 percent of manufacturers claim that their systems fail to support the fast, informed decision-making necessary to innovate.

How does your business compare?

Read the Infor news release.

Download the full IDC Manufacturing Insights white paper (Note: registration is required).
 


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