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Large global manufacturers are setting their sights on top-line growth over the next two years, focusing on new products, strategic acquisitions and alliances, innovation and increasing production capacity in high-growth markets. Bolstering the growth agenda are stronger investments in supply chain risk management to mitigate the impact of continued market volatility, according to KPMGs 2011 Global Manufacturing Outlook.
The KPMG annual survey of 220 manufacturing executives from global companies with at least US$1 billion in revenue shows that top-line growth has edged out cost as the main priority with almost 80 percent of respondents cautiously optimistic over prospects for growth in the next 12 to 24 months. When asked to compare the primary focus areas...
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