Video: The future of manufacturing and how industries are adapting in 2021
In a survey of manufacturing leaders to see how they adapted to the unusual 2020 business landscape, 87% of respondents have had key markets disrupted by COVID-19, and 58% have a positive outlook for 2021.
Learning objectives
- Examine how the COVID-19 pandemic has affected manufacturing.
- Learn what areas are likely to remain a challenge for manufacturing industries in 2021.
- Discover how industrial customer demands are changing.
- Review manufacturers’ spending priorities.
- Consider how survey respondents’ views and outlook may influence your plans.
In a survey of manufacturing leaders to see how they adapted to the unusual 2020 business landscape, 87% of respondents have had key markets disrupted by COVID-19, and 58% have a positive outlook for 2021. Join us to discuss key findings from the survey including:
- Manufacturers in general took a cash flow hit from COVID-19; less than 7% in our survey reported being unaffected by the pandemic.
- Supply chains continue to be the biggest single challenge, with capital still a concern going into 2021.
- Faced with changing customer demands, many manufacturers are looking to increase their marketing efforts. It’s the number one spending priority in our survey.
Speakers:
Art Wittmann
Art Wittman is editor of NetSuite’s Brainyard. He previously led content strategy across a major U.S. publishing company’s technology brands covering topics such as channel partners, data centers, containers, information technology, Internet of Things (IoT) and network computing. Wittman has a Bachelor of Science degree in Electrical and Electronics Engineering and a Master’s Degree in Manufacturing Systems Engineering from University of Wisconsin-Madison.
Gavin Davidson:
With more than 10 years at NetSuite, Gavin Davidson is industry product manager for manufacturing and distribution. In this role, he helps drive new functionality in the NetSuite product roadmap and communicates this to the market, customer, prospects, partners and employees. He has also served as a solution consultant and vertical market expert in his time at NetSuite. Davidson has served in consulting and sales roles for manufacturing technology including Visual Manufacturing and Epicor Vantage for companies ranging from Experlogix to Second Foundation to Six S Partners. Gavin has a Higher National Certificate in Production Engineering from Stow College in Glasgow, Scotland.
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