EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
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Industrial Products
The industrial products sector is entering a pivotal new era. Geopolitical and trade volatility, shifting end market demand, energy constraints, supply chain disruption and persistent talent shortages are redefining how value is created.
12,700+
global industrial products clients trust EY to help them create long-term value
29,600+
industrial products professionals across 150 countries, ready to help clients today
US $1b+
annual investment in data, tech and AI to solve client challenges
Solving your complex challenges
- Productivity
- Digital operations
- Finance and tax transformation
- AI-powered growth
CHALLENGE
Increasing productivity to boost value and help enable investment in transformation
Industrial growth and productivity are constrained by outdated operating models, processes and functions. With traditional routes to cost savings exhausted, organizations must urgently find new ways to fund soaring innovation.
HOW EY CAN HELP
EY helps industrial products companies transform to increase productivity and accelerate innovation at scale.
- Enterprise-wide efficiency: reimagining work, processes, and operating models to eliminate inefficiencies and improve resource allocation
- Centralizing capabilities: creating consistent, standardized support for back, middle and front office functions through global capability centers (GCC) and shared services
- Sustained cost reduction: improving margins and reducing cost through automation, offshoring, and continuous improvement programs designed to help deliver ongoing value
- Future-ready workforce: upskilling teams for data fluency and AI readiness while fostering a culture of innovation and operational excellence
FEATURED
How GCCs are rewriting the playbook for driving strategic innovation
Global capability centers have now evolved from mere cost centers to centers that fuel innovation for organizations. Read more (via ey.com US)
CHALLENGE
Transforming fragmented data and processes into intelligent, adaptive digital ecosystems
The convergence of AI, operational technology, and advanced analytics is reimagining the potential for manufacturing excellence.
HOW EY CAN HELP
EY helps industrial products companies modernize operations – seamlessly embedding enterprise-wide digital strategy, synchronizing operations and helping enable real-time visibility and optimization that create competitive advantage.
- Broad strategy and synchronization: helping improve performance and reduce operational friction through unified planning, sourcing, logistics and manufacturing within a single, leading class operating model
- Resilience and agility: providing scenario simulations, predictive analytics, and AI-driven forecasting to help companies quickly adapt to disruption and market changes
- Automation and optimization: leveraging IoT data, AI solvers, and multi-agent systems to optimize inventory, transportation, and production execution
- Sustainability and compliance: monitoring ESG compliance requirements through unified data models
FEATURED
How industrial innovation accelerates manufacturing performance and redefines what’s possible
AI and other digital advances are rapidly changing manufacturing, but for many manufacturers, transformation remains elusive. Read more (via ey.com US)
CHALLENGE
Transforming finance into a data-driven, strategic advisory function that adds enterprise value
Industrial manufacturers are constrained by finance and tax functions built to run transactions, not to drive value, resulting in siloed decisions, rising cost, limited visibility, and missed opportunities to protect and grow the enterprise.
HOW EY CAN HELP
EY helps industrial products companies shift their finance and tax mindset to focus on value – using strategic insights to improve decision making and identify growth opportunities across the enterprise.
- Data-centric finance: integrating finance processes, data and technology to shift clients from transactional execution to a data-driven operating model with advanced analytics and real-time reporting
- Finance transformation: streamlining core processes through scalable tech platforms and integrated data
- Compliance and control: embedding AI and automation into control frameworks and processes to reduce risk, minimize manual interventions and align with regulatory requirements
- Value delivery: integrating AI-driven insights and scenario planning that position finance and tax teams to advise the business on strategic decisions, forecasting, and M&A
FEATURED
How tax can be a catalyst for AI transformation
Why industrial organizations are using tax as the fastest entry point for AI‑driven transformation. Read more (via ey.com US)
CHALLENGE
Supporting organic and inorganic growth through sector-focused AI innovation
Manufacturers are seeking new ways to grow enterprise value and outperform peers. Leaders must expand market access, optimize existing markets, and develop and grow new products and services – all while exceeding investor expectations.
HOW EY CAN HELP
EY helps industrial products companies deploy digital strategies, AI, and venture building to expand market access, optimize existing markets and develop and grow new products and services.
- Opportunity identification: helping clients identify opportunities in core and adjacent markets through a data-driven approach that leverages our EY.ai Growth platforms and tools
- Growth workshops: defining high-value ideas through EY’s ‘growth garage’ one-day workshops that can drive enterprise value through digital, AI and venture building
- Enterprise digital strategy: developing a holistic enterprise digital strategy to renovate, reimagine and trailblaze among industry peers
- AI masterclasses: working with clients to run Board or C-suite workshops around the future of AI and how to leverage AI to create enterprise value at scale
FEATURED
Corporate venture building: unlocking organic growth in manufacturing
Industrial companies can unlock new growth by leveraging corporate venture building to scale innovations, create new revenue streams and outpace disruption. Read more (via ey.com US)
Explore our offerings
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Intelligent automation (IA) refers to the integration of robotics with multiple components from different emerging technologies.
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Discover how EY's Smart Factory platform embeds manufacturing excellence by arming the shopfloor with dynamic predictive data analytics, virtual reality & AI.
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Transform business functions into strategic capabilities with EY Managed Services. Unlock value; realize capabilities. Find out more.
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Discover how EY's supply chain team can help your business redefine its end-to-end supply chain and operations to support your enterprise objectives.
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Our professionals can help you establish workforce analytics that can inform regular action planning, reporting and ongoing program oversight. Learn more.
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EY Partner Ecosystem
EY harnesses a connected ecosystem of strategic alliances and partnerships to co-create value and deliver comprehensive technology solutions and business outcomes for our clients.
Our latest thinking
How can smart connected products change the way manufacturers operate?
Smart connected products offer industrial manufacturers new ways to generate revenue and cost efficiencies. Read more.
How can manufacturers place innovation at the heart of transformation?
Value-driven growth requires manufacturers to put innovation and digital strategies at the heart of transformation. Learn more.
The team
Explore related sector pages: Aerospace, Defense & Mobility | Chemicals | Mining & Metals | Oil & Gas | Power & Utilities