European manufacturers are outperforming their American counterparts in terms of productivity growth. This success is attributed to the adoption of innovative practices, which focus on incremental improvements rather than radical changes. These practices include lean manufacturing, total quality management, and six sigma.

European manufacturers have also embraced the use of digital technologies, such as digital twins, to streamline their operations. Digital twins allow manufacturers to create virtual replicas of their physical assets, enabling them to predict potential issues and optimise performance.

Furthermore, they have invested in their workforce, providing continuous training and development. This has resulted in a highly skilled labour force that can effectively utilise advanced manufacturing technologies.

These strategies have proved successful, with European manufacturers experiencing significant productivity gains. This trend is expected to continue, with manufacturers continuing to invest in digital technologies and workforce development.

Despite these successes, European manufacturers face challenges, including rising labour costs and increased competition from low-cost countries. However, their focus on continuous improvement and innovation is expected to help them navigate these challenges and maintain their competitive edge.

In conclusion, Europe’s manufacturing success can serve as a model for other regions. By focusing on incremental improvements, investing in digital technologies, and developing their workforce, manufacturers can achieve significant productivity gains.

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