Three Predictions for 2022

Asset Operations Management

In 2022, manufacturers will need to consider Asset Operations Management to meet ongoing challenges. These challenges include growing global competitiveness, inventory and supply chain management, and upskilling existing employees. There are many benefits offered by Asset Operations Management. Generally, it brings a company’s technician services, passive and active data, and unique operational blueprint together, making it more efficient for all employees to have the information, training, and equipment to be successful.

ESG Investment

Manufacturers will need to be more aware of environmental, social, and governance (ESG) issues as these current trends will increase in focus in the years to come. Ecological accountability has been a critical issue for decades and regulations in this area continue to develop. Manufacturers need to improve transparency in ESG initiatives. It also seems likely that reporting on nonfinancial matters will increase making this a trend to watch in 2022.

Cybersecurity

The conflict in the Ukraine has only heightened the focus on cyberattacks. Now more than ever, cybersecurity is an essential concern of every manufacturer. Business and client data, processes, or finances can be at risk from cyber criminals, causing devastating financial losses and safety risks. Risks to supplier networks, production, and workers, as well as more regulatory oversight, will cause manufacturers to enact procedures to protect against cyberattacks. Additionally, this improvement in cybersecurity will increase the ability to rebound in case you are a victim of a cyberattack.

Universal DeVlieg provides innovative and cost-cutting tool holding and high precision boring solutions to the machine tool industry, servicing a diversified customer base. The combination of over 32,000 active part numbers, over 10,000 standard items, and our technical support staff deliver design engineering expertise that is unmatched in the industry. To learn more about Universal DeVlieg, contact us at This email address is being protected from spambots. You need JavaScript enabled to view it. or 877.308.3077 or visit at universaldevlieg.com.