{"id":4435,"date":"2014-02-10T07:00:41","date_gmt":"2014-02-10T15:00:41","guid":{"rendered":"http:\/\/formtek.com\/blog\/?p=4435"},"modified":"2014-01-17T07:32:57","modified_gmt":"2014-01-17T15:32:57","slug":"manufacturing-technology-to-reshape-manufacturing","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/manufacturing-technology-to-reshape-manufacturing\/","title":{"rendered":"Manufacturing: Technology to Reshape Manufacturing"},"content":{"rendered":"<p>The top 10 <a title=\"IDC Predictions for Technology\" href=\"https:\/\/event.on24.com\/eventRegistration\/EventLobbyServlet?target=registration.jsp&amp;eventid=696370&amp;sessionid=1&amp;key=2C4C222AD5B5A806B389D6F117936BB4&amp;sourcepage=register\" target=\"_blank\">IDC Predictions for the Manufacturing Industry<\/a> in 2014 are <a title=\"IDC Manufacturing predictions\" href=\"http:\/\/finance.yahoo.com\/news\/idc-manufacturing-insights-releases-top-200000831.html\" target=\"_blank\">as follows<\/a>:<\/p>\n<ul>\n<li>Manufacturers will begin to <a title=\"3d value chains\" href=\"http:\/\/www.impomag.com\/articles\/2013\/12\/top-10-worldwide-manufacturing-predictions-2014-no-1-2\" target=\"_blank\">build 3D value chains<\/a><\/li>\n<li><a title=\"Operational, Information and Consumer Technology\" href=\"http:\/\/www.impomag.com\/articles\/2013\/12\/top-10-worldwide-manufacturing-predictions-2014-no-1-2\" target=\"_blank\">Operational, information, and consumer technology<\/a> will converge to reshape the nature of manufacturing technology<\/li>\n<li><a title=\"Operational Resiliency\" href=\"http:\/\/www.impomag.com\/articles\/2013\/12\/top-10-worldwide-manufacturing-predictions-2014-no-3-4\" target=\"_blank\">Operational resiliency<\/a> will be the focus of supply chain strategies in 2014<\/li>\n<li><a title=\"Supply Chain Investment\" href=\"http:\/\/www.impomag.com\/articles\/2013\/12\/top-10-worldwide-manufacturing-predictions-2014-no-3-4\" target=\"_blank\">Supply chain technology investment<\/a> will focus on modernization<\/li>\n<li><a title=\"B2B Commerce Modernization\" href=\"http:\/\/www.mbtmag.com\/articles\/2013\/12\/top-10-worldwide-manufacturing-predictions-2014-no-5-6\" target=\"_blank\">B2B commerce modernization<\/a> will be a high priority for 2014<\/li>\n<li>Product lifecycle management (PLM) strategies become increasingly global, multidisciplinary, innovation-based, and customer-focused<\/li>\n<li>PLM initiatives will focus on value realization<\/li>\n<li>Manufacturers will invest in\u00a0&#8220;<a title=\"Servitization Optimization\" href=\"http:\/\/www.mbtmag.com\/articles\/2013\/12\/top-10-worldwide-manufacturing-predictions-2014-no-5-6\" target=\"_blank\">Servitization optimization<\/a>&#8220;<\/li>\n<li>Factories will increasingly add technology, driving a manufacturing renaissance<\/li>\n<li>Investments in plant floor IT will increase<\/li>\n<\/ul>\n<p><a title=\"Robert Parker bio\" href=\"www.linkedin.com\/pub\/bob-parker\/0\/160\/961\">Robert Parker<\/a>, Group Vice President and General Manager,<a title=\"IDC Manufacturing Insights\" href=\"http:\/\/www.idc.com\/prodserv\/insights\/manufacturing\/index.jsp\" target=\"_blank\">\u00a0IDC Manufacturing Insights<\/a>, said that\u00a0&#8220;the manufacturing industry has an established track record of continuously improving productivity and is at the cusp of a new wave of gains that will dramatically restructure value chains to be closer to demand regardless of direct labor costs. This is being driven by an &#8216;intelligent economy&#8217; where customers are more informed, talent is at a premium, and the time to react to changes is compressed. \u00a0In 2014, companies should put together a set of business initiatives across critical line of business areas such as supply chain, factory operations, product management, and customer experience\/aftermarket services, and follow a progression toward the principles of the &#8216;3D&#8217; value chain.&#8221;<\/p>\n<p>&nbsp;<\/p>\n<div class=\"lightsocial_container\"><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/digg.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Fmanufacturing-technology-to-reshape-manufacturing%2F&amp;title=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/digg.png\" alt=\"Digg This\" title=\"Digg This\" \/><\/a><\/div><div class=\"lightsocial_element\"><a 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