Industrials businesses cover a wide range of both traditional manufacturers and outsourced industrial service providers.
Across the US, manufacturing and industrial companies are facing up to the need for change. Successful companies are using a variety of strategies to achieve differentiation:
- Manufacturing companies are leveraging low-cost production and delivering premium quality products using highly-technical production capabilities.
American industrial companies are re-thinking their value chains and pursuing new strategies that focus on innovation, the ability to tailor products to customer needs, and opportunities to generate high-quality revenue streams through after-sales service. In many areas of production, it’s no longer cost-effective to manufacture domestically. Leading companies have recognised this and are moving major elements of their production to Asia, often offshoring the manufacture of components and sub-assemblies, while retaining systems integration locally. -
lndustrial services providers specialize in delivering essential day-to-day activities on an outsourced basis.
These services are often highly labor-intensive and require a strong focus on operational efficiency.
3i has a long history of partnering with industrial businesses that are operationally effective and show intellectual leadership. The most successful industrial companies don’t simply offshore aspects of their manufacturing to Asia in the search for lower costs – they also implement a strategy for selling their products in these huge markets, where business and consumer demand is growing and will remain strong. With 3i’s network of offices in Asia, it is well placed to provide practical, on-the-ground support and advice, both to American companies interested in Asia, and to Asian companies interested in the US.