Randal Kenworthy, Jeff Pehler, Kris Slozak, Kirsten Lentz, Barkat Syed, Brian Pacula and Jeremy Tancredi
The Future of the Manufacturing Industry
2024 Outlook
West Monroe, 2023
What's inside?
As they navigate labor and supply chain issues, manufacturers can find growth in digital and AI advances.
Recommendation
Manufacturers cite supply chain issues and a strained labor market among their continuing areas of concern as overall production returns to pre-pandemic levels. This report from an expert team at West Monroe, a digital services company, advises manufacturers to look toward the integration of generative artificial intelligence (AI) and machine learning (ML) to help ensure future profitability. Although creating a solid foundation for existing data collection initiatives takes effort and time, the outcome will prove crucial as new capabilities become available. This report finds that the long road manufacturers are undertaking to make the most of these tech advances is the path to the future.
Summary
About the Authors
Randal Kenworthy, Jeff Pehler, Kris Slozak, Kirsten Lentz, Barkat Syed, Brian Pacula, and Jeremy Tancredi of West Monroe, a digital services company, prepared this report.
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