Global Agenda Council on Advanced Manufacturing 2011

The global manufacturing industry is in a state of upheaval and flux. There are multiple issues, opportunities and threats facing the industry that will define its future. The global recession left a number of large Western manufacturers in decline and needing government resuscitation. Globalization has brought increased competition, with new competitors from emerging markets gaining scale and market share. The incredible economic growth and rise in consumption in emerging markets, such as China and India, has opened up new markets. Multinational companies that want to serve these new markets will need to manage a global manufacturing footprint, with its attendant risks including external disruptions. Policy-makers need to understand the complexity of today’s post-industrial manufacturing ecosystem and the various drivers of change.