Asset-light manufacturing is enjoying a boom as enterprises replace rigid production lines with digitally synchronized suppliers and carriers. Agile brands can use modern product lifecycle management, manufacturing operations management, supply networks, and contract manufacturing to orchestrate the best mix of onshore, nearshore, and offshore facilities in order to capitalize on short-product-lifecycle opportunities in hot industry verticals like medical devices and consumer electronics. Tech leaders at manufacturers that want to seize these opportunities should read this research to understand which capabilities they must own and which they can orchestrate to best serve their customers.