Talent, Technology, Threats: identifying opportunities while mitigating challenges
Global manufacturing has entered a new era, marked by the growing influence of technology and innovation on production processes and logistics.
Formerly low-cost locations such as China and India, are moving up the value production chain through country-sponsored support of technological adoption. Despite higher costs relative to Asia, growing concern for IP protection combined with skilled labour availability is keeping north America at the top of the rankings.
The Manufacturing Risk Index (MRI) assesses the most suitable locations for global manufacturers to expand or relocate their operations among 48 countries in EMEA, the Americas and Asia Pacific. Each country is scored against 20 variables that make up three final weighted rankings which cover conditions, cost and risk. The data underpinning the MRI comes from a variety of reliable sources, including the World Bank, UNCTAD and Oxford Economics.