Kanvic works with industrial goods manufacturers across sectors to achieve market beating performance, pursue new growth opportunities and develop sales and marketing excellence.
Industrial goods manufacturers must constantly strive to improve productivity and enhance cost competitiveness to match the benchmarks of leading global players.
The overarching priority for industrial goods companies is to understand their customers’ value chains, identify where they can most profitably deliver value and become an integral partner for their success.
Whether through the advent of 3D printing, the rise of the internet of things, or increasing automation, a fusion of new technologies is shifting the paradigm in industrial goods, reshaping the manufacturing landscape and redefining our understanding of competitive advantage.
Whether selling through B2B marketplaces, using online content marketing or entering the internet of things, the leading industrial goods players are putting digital at the core of their strategy.
Input price volatility
Increased volatility in exchange rates and global commodity prices makes managing input costs a major challenge for manufacturers.
Ease of doing business
In the past manufacturing in India has been beset by a wide range of regulatory and bureaucratic challenges. However, the Indian government’s landmark ‘Make in India’ initiative has the potential to transform the country into a global manufacturing hub.
As consumers and regulators become more conscious of environmental issues such as global warming and pollution, industrial processes and products are under greater scrutiny than ever before.
With increased competition from both domestic and international suppliers, Indian companies have found it increasingly difficult to pass on higher costs to their customers.