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aPriori CEO: The 2 Biggest Challenges Facing Manufacturing Today
According to the latest PMI numbers from the ISM, US Manufacturing faces significant challenges, including:
- Worldwide competition, and the pressure to match “China speed” in quoting.
- Inflation, and the challenge it places on investing in new product programs.
- Labor rates increasing.
- Material price fluctuations.
- Tariffs.
aPriori's CEO Stephanie Feraday explains these pressures and what companies are doing to rise to the challenge with the distal twin, the digital thread, and smart tools to change course in real-time.
#digitalthread #tariffs #manufacturing