What a New Normal Means for Manufacturing

Our Senior Market Analyst Ben Mund was consulted among a panel of industry insiders about how the manufacturing industry is adjusting to operations as a result of COVID-19. The result is an informative yet thought-provoking article in Asia Pacific Metalworking Equipment News (APMEN), Manufacturing Industry In A Post-Pandemic World.

Ben, along with leaders from Bystronic, Hexagon Manufacturing Intelligence, igus, Siemens ASEAN, and VDW (German Machine Tool Builders’ Association), shares thoughts on many challenges facing our industry. This article, about a five-minute read, provides insight from these experts on the impact and outcomes for manufacturing customers and suppliers.

Topics include implications to financial positions, the need for greater automation and digitalization, stockpile and supply chain adjustments, and even opportunities in the midst of ongoing crises. As Ben puts it, the process is commonly viewed in three stages: assessment, refinement, and expansion.