In a new study co-authored with Forrester, which includes insights from 493 product design and sourcing decision-makers in manufacturing, Makersite has found that a surge in customer expectations alongside stringent regulations is pushing leaders to revolutionise their approaches to product lifecycle management and supply chain operations.
It also found that are still many hurdles for those leaders to overcome, leaving us at a critical juncture for manufacturers. Now is the time for a radical shift towards integrated, sustainable practices that meet the demands of a dynamic global market.
In the study, find out why:
- Product design and sourcing leaders are responding to external demands by prioritising sustainability in product development
- Stakeholders advocating for sustainability are facing internal challenges
- Maturity impacts manufacturers’ ability to incorporate sustainability into PLM practices
- Cross-functional collaboration and a single source of truth is critical in enhancing product design and sourcing, as well as gaining a competitive edge