Gauging the Risks of Raw-Material Volatility
Manufacturers can use an assessment framework to anticipate and prepare for future market disruptions.
Companies throughout the industrial goods sector are confronting the need for change by redefining themselves, their offerings, and the way they do business. BCG’s industrial goods consulting teams have proven expertise in helping clients adapt, compete, and win.
For industrial goods companies, business as usual isn’t an option. Regardless of their specific industrial sector—chemicals, construction, machinery, and the like—these companies must think beyond their traditional business and operating models to choose where and how to create value in the future.
In a period of immense change and uncertainty, BCG helps industrial goods sector clients prepare for the future.
Related Services: Automotive Industry, Infrastructure, Mobility, Transportation and Logistics
We help clients:
Become more resilient. To thrive in uncertain times, companies must mitigate future shocks to their revenue and supply chain to maintain operations and respond to shifts in demand.
Support digital transformation. When companies undertake a digital transformation, they’re well on their way to becoming a bionic company that combines technology with the flexibility, adaptability, and comprehensive experience of humans.
Transform end-to-end costs. Companies must continuously improve their operations and manage costs to compensate for drops in revenue, preserve cash, and weather fluctuations in the economy and the business.
Embrace sustainability. Companies committed to such imperatives as CO2 emission reduction and decarbonized operations today will set themselves up for success in the future.
Manufacturers can use an assessment framework to anticipate and prepare for future market disruptions.
Industrial companies must quickly strengthen their ability to cope with crises and uncertainty affecting the availability of crucial supplies.
BCG’s new benchmark reveals that only 10% of companies are truly prepared for supply chain disruptions. Where do you stand?
A global survey of 16,600 industrial sector employees reveals changing attitudes about work, what’s important on the job, and the training needed to stay ahead.