|
Even as manufacturers meet these changing expectations, they must compete with new entrants that are unencumbered with legacy systems. This requires manufacturers to be nimbler in how they sell and adapt to customer demands. Yesterday’s playbook with its overly manual approach to selling will no longer suffice. Instead, innovative new approaches and tools will be necessary to achieve sales success in the current landscape.
Top-of-mind questions facing our manufacturing customers
It’s clear from our conversations with manufacturers that digital is the Bank User Number Data way forward for sales. Digitising sales and operations planning (S&OP),will help manufacturers boost efficiency, reduce time-to-revenue, and lower costs. In fact, future-ready manufacturers – i.e., those who feel very prepared for the next decade – are 3.5 times more likely to have completely moved their S&OP to the cloud. And 77% of those in the cloud have mostly or entirely automated sales forecasting processes, enabling them to adapt quicker to market changes.
The digital imperative will only grow stronger, opening up new opportunities for manufacturers to power sales growth, and rise above the competition.
5 recommendations for growth
Here’s how your manufacturing company can boost sales revenue and customer delight:
|
|