The manufacturing industry is migrating away from Flanders. By focusing on cost reduction & product innovation, companies with Flemish plants have been able to maintain competitiveness despite high labour costs. However, while costs continue to rise, productivity is reaching its ceiling with this strategy. To keep our manufacturing industry here and (be able to) compete with the global competitive pressure, one should not only dare to go wider, but also strive to become Factory of the Future!
'Factories of the Future' are future-oriented, flexible production companies that deliver high-value-added products and will play a significant role in a dynamic and global production network in the future. These Factories of the Future are fully committed to seven areas, including digitalised production processes and social innovation.
A people-centred approach focuses on employee involvement, creativity and autonomy. If your company also wants to become a Factory of the Future, then Operational Excellence will be your engine to get there!
Read more: Stanwick concludes partnership with a real Factory of the Future !
Tom Van der Straeten
