Industry Trends Global megatrends affecting Mill Products Industries
Energy consumption Mill products companies are adopting energy- efficient technologies and processes to contribute to a more sustainable future and meet increasingly stringent customer
Circular economy Mill products
Complex global supply chain An interconnected global economy drives mill products manufacturers to see and adjust production capacity and resources across locations to meet customer expectations and mitigate impact from demand fluctuations.
Green products
Growing demand for sustainable products drive mill products manufacturers to align their offerings with consumer preferences and support full traceability across the supply chain.
companies are minimizing their environmental impact by reducing waste, increasing use of recycled materials and keeping materials in use, either as a product or as components or raw materials for re-use.
v
and stakeholder expectations and regulatory requirements.
By embracing these trends, Mill Products companies can address environmental concerns, improve their supply chain operations, reduce energy consumption, and meet the growing demand for sustainable products. This will ensure their long-term viability and maintain their competitiveness in the market.
© 2024 SAP SE or an SAP affiliate company. All rights reserved.
Made with FlippingBook - professional solution for displaying marketing and sales documents online