There is no doubt that manufacturing sector was one of the hardest hit sectors during the pandemic. As we slowly emerge from this disaster, manufacturing is poised to ramp up again and continue its growth. Data provided by Google give us an insight into how the pandemic changed the manufacturing world. The operations changes and supply channels needed to adapt. As a result, most companies are now positioned to weather a similar crisis should it happen again in the future.
- The top negative impacts of the pandemic have been lost productivity, lower sales, and increased lead times.
- Manufacturers report relying more on data and analytics, digital productivity tools, and public cloud platforms.
- Manufacturers remain optimistic, with four in five saying are prepared to deal with a similar event in the future.
“manufacturers around the world have started to revamp their operating models and supply chain strategies”