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Business Strategy: IDC Manufacturing Insights — Country Profile Series: ASEAN FY16

Business Strategy: IDC Manufacturing Insights — Country Profile Series: ASEAN FY16

ASEAN as a region has experienced tremendous growth in the past few years primarily due to the availability of labor at competitive wages, renewed policy changes encouraging manufacturing investments, and the recent formation of the ASEAN Economic Community (AEC). Growth in labor wages in China is also another key factor that resulted in increased investments in the ASEAN region. Though labor wage in most of the ASEAN countries is low, it does not provide any substantial advantage unless the associated output per worker (employee productivity) is high. The investing companies are cognizant of this fact and are investing in shop floor modernization technologies to prepare themselves for the future. "To stay competitive and retain its core advantages, the ASEAN community must invest and train its workforce in technologies that allow manufacturing organizations to ideate, design, engineer, collaborate, and deliver better. From a supply side, the use of data analytics and cloud technologies can give better visibility on the supplier shipments and inventories that would aid in mitigating any upstream manufacturing challenges. In addition, information related to end-customer usage patterns can help in improved production scheduling operations and tighter inventory controls," says Sampath Kumar Venkataswamy, research manager, IDC Manufacturing Insights.


IDC Manufacturing Insights Opinion
In This Study
Situation Overview
The Approach
Overview
ASEAN Economic Community
Economic Overview
Malaysia
Indonesia
Vietnam
Thailand
Philippines
Singapore
Social Trends and Labor Market
Political Landscape
Foreign Direct Investment
The ASEAN Manufacturing Industry
Thailand
Indonesia
Philippines
Vietnam
Singapore
Malaysia
Manufacturing Business Trends
Business Priorities among Manufacturing Organizations in ASEAN
Manufacturing Technology Market and IT Spending
Current Technology Investments
Adoption of 3rd Platform Technologies
Adoption of Innovation Accelerators
Future Outlook
Essential Guidance
Actions to Consider
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Related Research
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