Abstract
This Manufacturing Insights report looks at engineering-oriented value chains
(EOVCs), which are characterized by segments that are driven by complex,
heavily engineered products such as in automotive, aerospace, industrial
machinery, farm/construction equipment, diversified companies, and other
discrete manufacturing. Overall, the value chain has a segment, aerospace, that
is very healthy; one that is doing well, machinery; and one that is in the
doldrums, automotive. Manufacturing Insights expects IT spending in automotive
to be severely constrained while aerospace accelerates projects. This report
looks at the most recent data for industry performance and provides a detailed
analysis of product life-cycle innovations. "EOVC segments represent industries
in the midst of tremendous change and opportunity. Product management
strategies are still centered on balancing costs and responsiveness, but larger
organizations are also investing in faster decision making and meeting the
needs of more narrow customer niches," said Bob Parker, VP Research at
Manufacturing Insights.
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