After a rough few years, most experts agree that the U.S. metals industry is on the rebound and, more importantly, part of an overall rise in North American manufacturing. Some industry segments have been reporting year over year sales increases, and many metal executives expect their key markets to either grow or remain flat this year.
However, even with signs of a market recovery, some uncertainty still exists within the industry.
While many of today′s industrial metal-cutting companies exist because of their ability to survive even the toughest market conditions, best-in-class executives know they cannot afford to rest on their laurels. Today′s industry leaders are taking a proactive approach to optimizing their industrial metal-cutting operations so that they are in the best position possible when the market fully rebounds. This includes addressing traditional pain points such as efficiency and￼ cost, while also tackling new challenges in areas such as workforce and customer requirements.
This paper will discuss the top five challenges facing today′s industrial metal-cutting executives, the impact these challenges can have on operations, and strategies focused on helping companies flourish in today′s growing, but often unpredictable, marketplace.