Three Reasons for Manufacturing’s Resilience
Earlier this month, FreePoint Founder and CRO, Paul Hogendoorn was featured in Manufacturing Automation Magazine for his article titled “Three Reasons for Manufacturing’s Resilience During the Pandemic”. Throughout his article, Paul explains that demand remains strong for the “higher value” products where North American manufacturers primarily focus, as consumers spend their discretionary income on “durables” instead “consumables” like entertainment, vacations, and services.
As value-adding activity has retuned to pre-COVID-19 levels, technology allows a lot of the administration and management to be done remotely. While COVID-19 has been tumultuous for life outside of the factory, for some, life in the factory has provided a period of near normalcy as PPE was already part of many jobs and breaks and interactions were largely structured.
Paul goes on to explain that manufacturing’s resilience can directly be attributed to the efforts of our great people – from operators, to management, to the c-suite. Our people are dedicated, dependable and deliver tangible results every day. Employees are buying what they are making and manufacturers are creating both the product and the market for the product.
As Paul says in the culmination of the article “The companies that have come through this stronger have done so by sharpening their focus on their value adding activities, getting more done in less time, and by unleashing the adaptive, dedicated and innovative potential of their people. ”
Get all the expert insights by reading the full article here.
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