Top Trends You Need to Know for 2023 Strategic Planning

Monday, December 26, 2022

For more than 20 years, we have been working with businesses of all sizes to help them compete and grow in their specific industries. As 2022 nears a close, our internal experts have identified the top trends in distribution, field service, the home and building supply industry, residential home building and contracting, and manufacturing.

Here is a wrap up of the trends that should be on your short list of top business-building priorities heading into 2023, and over the next several years. For each, we provide a rundown and take you to the full article for you to learn even more about the trends that are most vital to your business objectives.

Manufacturing Industry

Supply Chain Disruption

More than ever, materials are being shipped on an unpredictable timeline, forcing manufacturers to prioritise aspects that are more within their control, like production efficiency. According to a recent survey, 97% of companies have reported changing their business processes to combat supply chain disruptions. Knowing the status of incoming goods is imperative, not only for production purposes but for customer satisfaction as well. Our industry experts identified the most common factors preventing manufacturers from rising above supply chain disruptions in Managing Supply Chain in Manufacturing.

Automation

We are increasingly seeing manufacturers moving toward automated work processes to increase efficiencies, accuracies, and production levels. But just how effective is automation? In Automation Can Save Time and Money, our experts explore how automation has resolved some of the challenges that our manufacturing customers have experienced in the past, including data inaccuracies and redundant workers.

Labour Shortages

Once hired, it is imperative to have visibility into data to understand what is working and what is not working for your employees. In addition to the increased visibility for management, technology also satisfies expectations from the next generation of workers who are digital natives. Ease of use, efficiency, and accuracy are some of the aspects digital natives look for in the tools they use to accomplish tasks. Allocating all resources efficiently will help save your company time and money. In Using Technology to Battle Labour Shortages, our industry experts present insights to reassure you there are better ways to battle labour shortages and the skill gap than “NOW HIRING” signs and overhauling onboarding training processes.

Our industry experts continue to explore the greatest challenges affecting the verticals we serve, and you can expect even more robust reporting in our blog in 2023. In the meantime, share some of these articles with your team and use them as a springboard for planning your strategic problem-solving approaches in the coming year.