Where Your High-Tech Products Meet High Demand
Optimized for Growth: High-Tech Executives Adapt to Meet Global Demands
The high-tech industry is poised for global growth. The middle class is expanding, bringing with it an increasing appetite for high-tech products. Demands are coming from new markets across the globe. Product lifecycles are shorter than ever before. There are new pressures and challenges—and new opportunities.
There is growing recognition that “business-as-usual” supply chain strategies no longer deliver optimal business results. Companies must adapt their supply chains to capitalize on new opportunities in current and new markets. Some changes will be large and some will be small, but they all will make an impact.
The fifth annual Change in the (Supply) Chain survey, fielded by IDC Manufacturing Insights, reveals how high-tech executives are adapting their supply chains to set themselves up for business growth. From evolving shoring strategies to entering new markets to prioritizing risk management to exploring new areas like 3D printing, supply chain executives are doing things differently.
The only thing that will remain constant is change. There’s one question that high-tech executives should be asking themselves: Is my supply chain optimized
High tech companies must prepare for new challenges brought on by higher demands in new markets across the globe. Find out how companies are approaching new ways to:
- Rethink and evolve shoring strategies to be more flexible.
- Expand in new and emerging markets, like Brazil, Russia, and India.
- Use logistics providers to overcome barriers such as customs processes and regulatory compliance issues.
- Assess risk management strategy and execution from across their supply chains.