Abstract
This Manufacturing Insights (MI) report presents MI' s 2008 top 10 predictions
for the Asia/Pacific supply chain market. This report includes trends or
developments that MI believes to be the most influential on the market for the
coming year and the areas that will generate new activities and spending.
Summing up survey results and inputs from top manufacturing companies in the
Asia/Pacific region, MI presents these top 10 predictions that are consistent
with the overriding goal of companies to make faster, informed decisions in the
increasingly complex and flatter world. In all, manufacturing companies will be
in a better position to tackle rising costs, handle disruptions, and respond to
environmental pressure by paying close attention to the top 10 predictions.
"For 2008, outsourcing will be a key strategy in cost innovation and expansion
in the growing Asia emerging economies. Aside from understanding and developing
human capital skill set and core competency in knowledge engineering, Lean and
Six Sigma methodologies will be key as well in driving performance excellence.
IT investment that enables an integrated enterprise to engage with its trading
partners will be the main vehicle for faster response to the ever-changing
market demand. Time spent on analyzing the vulnerability road map and building
resiliency will ensure business continuity, minimize risks, and maximize
opportunities. Going "Green" in manufacturing and building a "Green" supply
chain will bring additional benefits to the environment and the companies,"
says Randy Sng, associate research director, Manufacturing Insights
Asia/Pacific.