Personalisation, 3D printing and robotics hold the promise
Companies must rethink old notions of where value comes from, who creates it and who profits from it: Deloitte
Singapore
IN the future world of manufacturing, the big will get bigger while the small will fragment even more as the sector meets a confluence of trends from the lowering of barriers to entry to an increased desire for personalisation among consumers.
In this new landscape, better products will not necessarily translate to higher profits - value creation will diverge from value capture, Deloitte has concluded after a year-long study. Companies must therefore rethink old notions of where value comes from, who creates it and who profits from it, it added.
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