The Competition Heats Up In Manufacturing

As reported in a Boston Consulting Group study discussed in Manufacturing Business Technology, U.S. manufacturing is growing in competitiveness compared to other countries.  Becoming more competitive often comes with operating more efficiently.  According to the article, "In 2004, for example, manufacturing in China cost 14 percent less than manufacturing in the United States.  By this year, the China advantage had narrowed to 5 percent.  If the trends continue, Boston Consulting found, U.S. manufacturing will be less expensive than China's by 2018."

As companies look for ways to be more efficient, they often look to energy, labor, and raw material costs.  Many of these areas can be analyzed and adjusted to find ways to gain competitiveness when utilizing an ERP software system, such as Sage 500 ERP.  In today's volatile economy, it's important to find ways to operate more efficiently so that you can become more competitive.

For those companies who specialize in the process manufacturing industry, it's even more critical to use an ERP system that is developed for your unique industry, such as O2 Process Manufacturing ERP software.  This will allow you to drill down to manage and analyze important details found in formulation, planning and production, and regulatory reporting.

It's great to see the U.S. become more competitive in the world economy, and those companies who are the most prepared will see the most gains.  For more information on process manufacturing software or other ERP software or services, visit www.evs-sw.com.