Each new year brings changes for the business world – including the industry. So, start preparing your business for 2023 (and the following years) with the trending list that Balanças Marques has prepared for you.
The industry landscape is no longer the same. In recent years, many news and technological developments have emerged that have transformed the way of manufacturing and management. This has also brought new trends that have marked business management – and will continue to do so.
Find out our list with 3 trends for the industry in 2023 (and in the following years).
1. The automation of processes is a requirement of market competitiveness.
• "Process automation can increase a company’s productivity by 0.8 to 1.4% annually," a McKinsey Global Institute study indicates.
Therefore, your industry can benefit greatly from investing in equipment that automates production systems, packaging, logistics, among others. In an increasingly competitive market, any increase in productivity can make a difference in the success of your company.
You should invest in the various solutions available in the market to reduce the time spent on some procedures and thus free employees for other tasks.
2. Data storage and analysis are increasingly useful.
• According to a Deloitte survey titled The Analytics Advantage, "49% of respondents say that data analysis is a key factor in making better administrative decisions".
In other words, company managers already recognize the importance of production and billing data that digitalization allows them to analyze more easily. This type of information is useful not only to optimize procedures and systems but also to make predictions that can generate changes that your business needs for the future.
Therefore, bet on software and data storage and analysis tools and seek to take advantage of them, turning them into added value for your industry.
3. The sustainability policy continues to be a decisive factor.
• "70% of Europeans already look at sustainability as a factor to take into account in purchasing decisions," a Cargill investigation reveals.
This means that most of your customers take into account your sustainability policy before purchasing your industrial products. In addition to quality and price, they are concerned about the way the equipment is manufactured, the materials used, the type of energy they feed on, etc.
Thus, in the coming years, rethink the way you work and the products of your industry, opting, for example, for renewable energy sources and more ecological materials.
Do you already have everything you need to tackle all these trends in 2023 (and the following years)? Start preparing your industry for the near future with our tips.
And if you have any questions, just contact us. At Balanças Marques, we are able to help you respond to each of these changes with various solutions and equipment.
