Navigant white paper outlines how manufacturers can capitalize on historic transformation across energy systems, material flows, sustainability efforts, and customer demands
CHICAGO – Today, Navigant (NYSE:NCI) released a new white paper, Sustainable Manufacturing Transformation: Securing Opportunities from the Emerging Energy Cloud, offering a framework to help manufacturers design and build cleaner and circular operations, while addressing rapidly changing customer needs.
Alongside historic disruption across the energy value chain, new technologies and business models are transforming manufacturing as the world knows it today. Sustainability goals to reduce greenhouse gas emissions and the need to address long-term climate risks are driving a major shift in material flows toward a more circular and resource efficient manufacturing system.
According to the report, globally, a sustainable manufacturing transformation is underway, and Navigant expects it will further accelerate and cause disruption, while also presenting an industry opportunity worth over $2 trillion.
“The sustainable manufacturing transformation will create new value for consumers and have an effect on the bottom line of manufacturing companies globally, increasing shareholder value,” says Jan Vrins, managing director and leader of Navigant’s global Energy segment. “Manufacturers need to demonstrate leadership, vision, and the ability to implement to proactively navigate the rapidly changing environment and maintain a competitive edge.”
According to the white paper, three transformational waves characterize the industry’s ongoing shift: from traditional manufacturing to on-demand manufacturing; from passive energy consumer to active energy prosumer; and from supply chain management to full system orchestration. Understanding these waves, and the way they interact with the following megatrends, is key to creating a strong position in the manufacturing industry of the future.
“Companies that have an outlook on the transformation of their business environment and build robust, long-term strategies will be successful,” says Kornelis Blok, director at Navigant. “The winners will be the companies that are able to adapt and create new value for customers and shareholders by being proactive, thinking strategically, and developing roadmaps, while also pursuing no-regret actions that can be implemented immediately.”
To read the full white paper, click here, and join the social media conversation with #SustBiz4Growth.
Navigant Consulting, Inc. (NYSE: NCI) is a specialized, global professional services firm that helps clients take control of their future. Navigant’s professionals apply deep industry knowledge, substantive technical expertise, and an enterprising approach to help clients build, manage, and/or protect their business interests. With a focus on markets and clients facing transformational change and significant regulatory or legal pressures, the firm primarily serves clients in the healthcare, energy, and financial services industries. Across a range of advisory, consulting, outsourcing, and technology/analytics services, Navigant’s practitioners bring sharp insight that pinpoints opportunities and delivers powerful results. More information about Navigant can be found at navigant.com.
With over 600 consultants, Navigant’s global Energy segment is the largest energy and sustainability consulting team in the industry. We collaborate with utilities and energy companies, government and NGOs, industries and large corporations, product manufacturers, and investors to help them thrive in a rapidly changing energy environment. Our clients include the world’s 50 largest electric, water, and gas utilities; the 20 largest independent power generators; and the 20 largest gas distribution and pipeline companies. Navigant’s seasoned professionals and highly skilled specialists form exceptional teams to help clients transform their businesses, manage complexity and accelerate operational performance, meet compliance requirements, and transform systems and governance to address upcoming changes as the energy transition takes hold.