HCLTECH
Shankar Gopalkrishnan , Senior Vice President , Head of Manufacturing , HCLTech , discusses localization versus globalization and the impact of technology
Supply chains have recently seen unprecedented challenges due to the uncertain global scenarios and ever-increasing sustainability demands . The manufacturing industry is embedded within the wider supply chain network and is , therefore , subject to enhanced exposure , but what does this mean for an industry that has historically operated in a globalized fashion ?
Businesses are now struggling to balance globalization and localization of supply chain operations as they look to futureproof their operations . In either case , digitalisation is the critical enabler of growth . So how should manufacturers approach their digital transformation journeys ? This is where an innovation partner like HCLTech can lead the manufacturing supply chains toward a successful future . Shankar Gopalkrishnan who has extensive experience in driving change among manufacturers to deliver better outcomes , explains how manufacturing organizations can best leverage technology to ensure successful business outcomes .
TS : Globalization vs localization . What are the pros and cons ?
SG : The manufacturing industry will continue to progress on the foundations of digital , flexible , and green , which have been the core pillars for globalization . This will allow manufacturers to create more sustainable products faster and cheaper . Globalization also allows companies to establish synergies between regions , industries , and trading systems .
Shankar Gopalkrishnan , Senior Vice President , Hea Manufacturing , HCLTech , localisation versus globali and the input of technolo
102 January 2023