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Industrial manufacturing is about the purchasing, production and selling of physical goods, with inventory involved throughout the process. We can advise on the various considerations in the manufacturing process, including:
We can also help your business with the challenges - and opportunities - currently facing the industrial manufacturing sector, such as
There are a number of tax allowances and incentives available to businesses that operate in the industrial manufacturing sector. We can assist in applying for and implementing the following:
Digitisation is revolutionising the way we work, the skillsets we need and the way we structure our organisations.
PwC can help companies navigate pressing questions surrounding 4IR.
For a broad archive of PwC’s research and insights into 4IR, please visit our 4IReady microsite.
Manufacturing companies have become accustomed to repeated cost-cutting efforts to stabilise profits, address shareholders, and invest for the future. But cost reduction alone can stifle growth. The pressure for a new level of performance is high, along with the need to create a swifter path to growth and profitability.
Making fast, smart decisions hinges on focus. Aligning cost with strategy means transforming how businesses operate, weeding out operational inefficiencies and creating the capacity to invest in important growth priorities.The result: a stronger, leaner, more focused organisation primed for growth.
We help businesses transform to be strategically aligned with their priorities. We help create a “fit-for-growth” strategy, freeing up opportunities that support the company’s unique culture, capabilities and ambitions. We bring firsthand regional perspectives to help shape local or global operations strategies, including talent, tax, technology and regulations.
Industrial manufacturing companies are facing a number of headwinds, including a continued slowdown in growth, DTC brands, and increased pressure on margins. On top of that, the Fourth Industrial Revolution (4IR) has finally come of age. 4IR is the era of artificial intelligence, genome editing, biometrics, 3D printing, IoT, renewable energy, and autonomous vehicles.
Against the backdrop of all this uncertainty and disruption, industrial manufacturing companies are addressing a growing set of challenges. Organisations must capitalise on changing trends and prepare their commercial organisations for growth and digitisation.
Powered by the Salesforce Consumer Goods Cloud, PwC’s Connected Digital Front Office solution provides an integrated suite of solutions that accelerate growth and productivity across retail execution, sales, service, commerce, trade promotion management, analytics, and more.
Pieter Theron
Industrial Manufacturing and Forest, Paper and Packaging Leader, PwC South Africa
Tel: +27 (0) 11 287 0501