Collaborative Production Management Is Back On Track
Collaborative Production Management (CPM) Solutions for Process Industries are integrated software applications that provide process manufacturers with the means to plan and schedule, track and analyze, and direct and operate their operations.
The global CPM-P manufacturing economy seems to be back on track with just about all regions of the world ramping up spending, after a tumultuous couple of years. Over the past several years, the market has been delayed due to the economic conditions and there is pent up demand for CPM solutions that were postponed during the recession.
Companies are continuing to look for ways to improve operational efficiency, meet regulatory compliance regulations, improve visibility, and reduce costs. Succeeding in today’s global climate requires innovation and operational excellence along several dimensions such as dynamic value creation, supply chain synchronization and visibility, and achieving cost efficient operations. Manufacturers are using CPM to enhance their ability to innovate and adapt their products and services to changing market conditions. CPM provides the visibility to uncover opportunities for innovation and demand. It captures and automates business processes and can include operations intelligence, workflow management, so that they can be easily modified when needs change. Applications range from operations intelligence, recipe management, material tracking and more. The CPM market continues to grow because it improves visibility, track and trace, and the bottom line.
Strategic Issues
The CPM market is diverse with each industry having its own requirements and often served by a different group of suppliers. This study provides an in-depth analysis of the market by industry segment and geographic region. It also provides insightful analysis of key issues that will affect this market in the future. Strategic issues covered include:
- What are the key market trends and drivers in manufacturing and what are their impacts on CPM solutions?
- How can suppliers increase their value proposition?
- Which CPM functional categories are growing the fastest?
- Which industries and regions offer the greatest growth opportunities?
