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Manufacturers worldwide are accessing a wide range of financing techniques to invest in new-generation manufacturing technology. Of these, the most widely used non-loan finance technique is asset finance.
Manufacturing CFOs reported that keeping pace with technological change which will allow them to capitalize on benefits of the Fourth Industrial Revolution is a major challenge.
These drivers of success help manufacturers achieve important business benefits and improve competitive positioning in the marketplace. Access to a wide range of financing techniques, including asset finance, has therefore become a strategic need for the manufacturing CFO in the Fourth Industrial Revolution.
Learn the insights of manufacturing CFOs from 13 countries on the role of finance in the new-generation manufacturing environment.
Key drivers of success are
- intelligent financial management.
- new-generation technology.
- increased operational efficiency.
- raised production capacity and/or flexibility.
- more competitive pricing.