Disruption, digital innovation, new business models… the world of manufacturing is changing rapidly, perhaps faster than ever before. To adapt and survive, businesses must anticipate changes, identify opportunities and make informed decisions.
The InterAct Future of Digital Manufacturing Ecosystems team, one of InterAct’s core research streams, is committed to developing co-created solutions to the challenges facing the UK manufacturing sector in the near future. This team has now put together a vital report that brings you the information you need, at your fingertips, outlining potential future scenarios and the associated opportunities for the manufacturing world.
Discussing the importance of this new work, InterAct Co-director and Future of Digital Manufacturing Ecosystems lead, Professor Jan Godsell said: “The future can often seem distant and subordinate to the problems of today, particularly in the supply chain and manufacturing sectors when it has felt as though we are living in an age of ‘permacrisis’, constantly fighting just to stay on track.
However, if anything, the impacts of conflict, pandemic, supply chain disruption, climate change and labour market shifts have proven the vital importance of considering potential futures, today. That’s why my team has produced this new report, to be used in conjunction with upcoming workshops and case studies to create a framework for businesses to effectively plan for, and mitigate challenges whilst exploiting new technological opportunities.
We’re excited to be working with organisations like Midlands Engine and Make UK on this project, and I look forward to inviting new and existing members of the InterAct Network to join us in co-creating this work.”
The scenarios outlined in the report map out four potential alternatives for the digital manufacturers of tomorrow:
- Productivity Powerhouse
- Flexibility as Standard
- Sustainability Champion
- Happy and Sustainable Workforce
Download the report to find out more about how the most useful measure of sustainable progress is total factor productivity, which accounts for inputs beyond labour – such as materials, energy and administrative time – to compare them against total outputs.