Mechanical Engineering & Industrial Production

Capital goods and engineering technologies are subject to strong market fluctuations and high innovation expectations. Manufacturing, processing and refining industrial materials, semi-finished products and products is energy- and capital-intensive.

The industry is subject to strong market fluctuations in the price of iron and steel. In order to optimise costs, processes and structures should be designed more effectively and production should be digitalised.

Digitalisation, automation and networking of products and the advancing technologisation of work remain other topics that continue to be of great importance for industrial production and for machine and plant manufacturers in particular.

 Information and communication technologies in particular are increasingly influencing the key factors of corporate success, forcing companies to adapt to the new circumstances. Current developments and topics such as Big Data and Industry 4.0 are supporting more and more business processes or even making them possible in the first place.

In addition, the relevance of information as a resource and as a sound basis for transparent and sustainable decisions is increasing. The redesign of individual value creation stages or entire value chains has the potential to completely change production and sales structures, forms of organisation, jobs and customer behaviour.

Converging and disruptive technologies such as artificial intelligence, robotics, the Internet of Things and blockchain can trigger a massive, revolutionary change in business models. New market players from outside the industry are intensifying competition or niche technologies are making the leap into the mass market.

The dynamics of disruptive business models have often been underestimated. Even if the company's own innovation and development projects are presented better than in previous years, the consideration of substitution and disruption risks in many annual reports still needs to be improved.

Whether the aim is to optimise net working capital, expand geographical presence, realign operating processes or implement a digitalisation strategy: KPMG is a competent and reliable partner for you. Our interdisciplinary teams identify potential for improvement in all areas of the company, point out alternatives and help you achieve your goals.

Find out here how KPMG can help.