A major concern for many manufacturers. You need software that can help you raise the productivity bar, break new ground and ensure compliance, if you want to stay ahead of the competition.
In a global survey on manufacturing competitiveness, Deloitte identified “cost, availability of labour, materials, cost competitiveness of materials, and availability of raw materials” as the third most competitive driver for manufacturers. So it's crucial you understand how much your process manufacturing is spending each week, month or quarter.
In recent years, it’s become normal for many manufacturers in the food and beverage industry to launch new products every year, while pharmaceutical companies are often pushed to accelerate the development of new antibiotics as outbreaks of drug-resistant ‘superbugs’ continue to rise.
This means that manufacturers need to be highly flexible in order to keep pace – those encumbered by rigid processes and inefficient systems will be left behind.
A crucial requirement for all process manufacturers is the ability to keep up with new environmental and safety standards and successfully achieve compliance with new regulations, such as the UN Globally Harmonised System of Classification and Labelling of Chemicals (GHS).
Navigating this maze of global laws and restrictions can be a huge challenge, and failure to comply can be extremely costly in financial terms as well as reputation. The good news is many process manufacturing businesses are overcoming these types of challenges with the right enterprise solutions.
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