IMDPA Fundametals Newsletter [Q1]

Round Table Round Table Discussion

Addressing Industry Challenges Advice from Industry Experts

Peter Lockley INX Europe

We are entering another challenging year made even more opaque by world events and domestic politics. Recession threats, inflation, continued staffing hurdles and a general feeling of malaise throughout most of the population is adding to the uncertainty. With these challenges in mind, we asked leaders in our industry what they will be focusing on in 2023. IMDPA: With an eye on 2023 challenges, of all the potential threats facing your business this year, what do you see as the most pressing challenge? What has been your solution? Peter Lockley, INX Europe It’s a very uncertain time. It seems that the world is still feeling the after-effects of the Covid pandemic, just as war in Ukraine and tension between China and US threaten everyone’s attempts to create a sustained recovery. I think that the most pressing challenge we face is to try to balance cost optimisation with the need to ensure strong supply chains and a capable & motivated workforce. As growth slows down and consumers feel less affluent, all of our businesses look to pressures on short term profitability, but we also need to remember the lessons we learned in 2021/22. At INX, we are continuing to emphasise the importance of Business Continuity Planning whilst engaging with our workforce and external supply chain partners to create an emphasis on creating value, not simply saving costs. Paul Fennessy, Crown Cork & Seal In essence, most pressing challenge: Strained supply chain and customers in need—no room for error ever, but especially these days.

Paul Fennessy Crown Cork & Seal

Levi Boss Director, Graphics CoE Leader, Ball Corporation

Tim Feaver CEO, CANIMAL

Martin Killgallon

Our contributors have decades of experience addressing crisis downtime for the metal printing industry. All agree that with routine maintenance, most issues can be avoided.. President, The Ohio Art Company

FUNDAMETALS Newsletter

[8] Q1 2023

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