2017 Manufacturing Report

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Trends and strategies to help manufacturers understand growth challenges and opportunities.

Sikich is excited to announce the release of its third-annual “Manufacturing Report: Trends and strategies to help manufacturers understand growth challenges and opportunities.”

In the Spring of this year, we conducted a survey to learn more about issues facing the manufacturing and distribution industry. The intent of the survey is to provide manufacturers and distributors with representative data and insightful analysis to overcome challenges and impact future projections surrounding their business.

The findings confirmed that manufacturers and distributors are seeing similar challenges that could impact their ability to compete in the years ahead. For Example:

  • Only half of manufacturers are taking advantage of R&D tax credits
  • Cost-cutting across the supply chain remains a major priority
  • Manufacturers remain vulnerable to cyber security threats
  • IIoT adoption is slower than expected
  • Robotics can increase efficiencies and productivity but are underused
  • Manufacturers lack an organized succession, or exit plan for their businesses

Sikich’s 2017 Manufacturing Report takes an in-depth look at each of these critical areas, and includes insights from Sikich’s M&D industry experts who also offer key strategies to address each competitive challenge.

We invite you to download the report to hear about these topics.

Manufacturing Report Topics Discussed

Stats at a Glance

64%

of survey respondents feel supply chain management automation is vital to their success in business.

Companies Taking Cyber Security Action

Conduct IT Risk Assessments 63%
Conduct Intrusion Testing 37%
Provide Cyber Security Training for Employees 31%
By | 2017-10-06T15:32:48+00:00 August 15th, 2017|Uncategorized|0 Comments

About the Author:

Sikich LLP

From accounting, tax and assurance to technology and advisory, Sikich offers a unique formula of professional services to businesses and organizations across the country. By pairing subject matter expertise with the real-world experience gained as entrepreneurial leaders, we provide clarity to your complex challenges and solutions to strengthen every dimension of your business.

This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Please refer to your advisors for specific advice.
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