The WEF’s 2023 report Unleashing Business Model Innovation in US Manufacturing highlights how manufacturers can boost competitiveness, resilience, and sustainability through new business models. It identifies servitization, circular economy practices, digital platforms, and advanced data use as key levers. The report stresses that innovation must go beyond technology adoption to include customer-centric approaches, ecosystem collaboration, and workforce upskilling. Barriers include legacy systems, fragmented value chains, and limited investment in transformation. By embracing flexible, sustainable models, US manufacturers can strengthen supply chains, reduce emissions, and unlock long-term growth in a rapidly evolving global economy.

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