Customers are demanding a personalized experience, and manufacturing is no different. One-size-fits-all manufacturing is now becoming a thing of the past. Today, we are seeing a decline in the mass production of identical products in exchange for personalization and niche products. As consumers intensify their expectations for on-demand personalization and delivery within days of purchase, marketplaces that offer wide ranges of options without sacrificing price or availability, like Amazon, have been capitalizing on this shift in customer behavior.
To achieve low costs while offering high availability and personalized products, manufacturers must alter their operations to be flexible, focusing on creating a wider range of products that share common underlying components or production processes. Perficient is committed to advising manufacturers as they face these new challenges outlined in Forrester’s recent report, “Key Steps to Develop Your Manufacturing Operations Management Vision.”
Our Manufacturing Operations Management Capabilities
Forrester interviewed several service providers and manufacturers to gain a holistic understanding of the current state of manufacturing operations management (MOM). The report outlines the importance of achieving variety while maintaining low cost and high availability to thrive in this new landscape. Ultimately, Forrester concluded that exploiting economies of scope – where the unit price of a product decreases as the variety increases – is the solution.
According to Forrester, “To thrive in fragmented and restless markets, manufacturers must compete on economies of scope, sharing fixed costs between multiple product or asset variants to deliver the innovation, choice, and personalization that will win, serve, and retain customers.” Further, Forrester stated, “… to compete with innovation, manufacturers must modernize their supply chain and manufacturing operations to manage — at scale and velocity — the digital thread that links design, manufacture, and the ongoing operation and maintenance of assets… and boost manufacturing execution system (MES) interoperability with enterprise resource planning (ERP) scheduling solutions…”
We believe Perficient is uniquely poised as an end-to-end digital consultancy with deep industry expertise to partner with manufacturing brands embarking on this journey. Our established practices, from supply chain to commerce, offer a customized strategy that meets the organization in its current state and execution that secures long-term success. Our supply chain experts routinely help organizations in sales and operations planning, strategic sourcing and spend control, procure to pay, inventory and materials management, operations continuation, risk management, end-to-end supply chain visibility, and more.
Finally, our partnerships with the other technology providers listed in Forrester’s report, such as Oracle and SAP, further equip us with the expertise needed to help brands navigate their modernization.
Perficient’s Manufacturing Industry Expertise
Forrester interviewed leaders from Perficient’s manufacturing and supply chain teams while researching this report. Kevin Espinosa, manufacturing industry lead at Perficient, remarked:
“We believe our participation as a company interviewed for the report on Manufacturing Operations Management is a testament to how critical our industry expertise is for manufacturing companies working to transform their operations and meet their customers needs.”
Perficient is excited to continue to share thought leadership and perspective on emerging trends in manufacturing operations management. For more information, download “Key Steps to Develop Your Manufacturing Operations Management Vision,” (available for purchase or to Forrester subscribers) or contact our manufacturing and supply chain experts today.
