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.[/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container][fusion_builder_container hundred_percent=”no” equal_height_columns=”no” menu_anchor=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”center center” background_repeat=”no-repeat” fade=”no” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ video_mp4=”” video_webm=”” video_ogv=”” video_url=”” video_aspect_ratio=”16:9″ video_loop=”yes” video_mute=”yes” video_preview_image=”” border_size=”” border_color=”” border_style=”solid” margin_top=”” margin_bottom=”” padding_top=”” padding_right=”” padding_bottom=”” padding_left=””][fusion_builder_row][fusion_builder_column type=”1_1″ layout=”1_1″ spacing=”” center_content=”no” hover_type=”none” link=”” min_height=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” background_color=”” background_image=”” background_position=”left top” undefined=”” background_repeat=”no-repeat” border_size=”0″ border_color=”” border_style=”solid” border_position=”all” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” margin_top=”” margin_bottom=”” animation_type=”slide” animation_direction=”left” animation_speed=”1.0″ animation_offset=”” last=”no”][fusion_separator style_type=”none” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” sep_color=”” top_margin=”” bottom_margin=”70″ border_size=”” icon=”” icon_circle=”” icon_circle_color=”” width=”” alignment=”center” /][fusion_title margin_top=”” margin_bottom=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” size=”1″ content_align=”center” style_type=”single solid” sep_color=””]

Manufacturing Report Topics Discussed

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With the lack of training and investment, manufacturing companies are vulnerable.

[/fusion_content_box][fusion_content_box title=”Automation” backgroundcolor=”” icon=”fa-cogs” iconflip=”” iconrotate=”” iconspin=”no” iconcolor=”” circlecolor=”” circlebordersize=”0″ circlebordercolor=”” outercirclebordersize=”” outercirclebordercolor=”” image=”” image_width=”35″ image_height=”35″ link=”” linktext=”Read More” link_target=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””]

Supply and labor constraints can be eased with proper automation protocols.

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Discover how manufacturing companies are handling the challenges in recruitment and retention.

[/fusion_content_box][fusion_content_box title=”Succession Planning” backgroundcolor=”” icon=”fa-suitcase” iconflip=”” iconrotate=”” iconspin=”no” iconcolor=”” circlecolor=”” circlebordersize=”0″ circlebordercolor=”” outercirclebordersize=”” outercirclebordercolor=”” image=”” image_width=”35″ image_height=”35″ link=”” linktext=”Read More” link_target=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””]

Companies looking to sell their business is one of the top exit plans.

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Learn the split between growth in existing markets or new development.

[/fusion_content_box][fusion_content_box title=”Looking Ahead” backgroundcolor=”” icon=”fa-long-arrow-right” iconflip=”” iconrotate=”” iconspin=”no” iconcolor=”” circlecolor=”” circlebordersize=”0″ circlebordercolor=”” outercirclebordersize=”” outercirclebordercolor=”” image=”” image_width=”35″ image_height=”35″ link=”” linktext=”Read More” link_target=”” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””]

Get conclusions about the direction the industry is headed.

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Stats at a Glance

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

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Companies Taking Cyber Security Action

[/fusion_title][fusion_progress height=”30″ text_position=”above_bar” show_percentage=”yes” unit=”%” percentage=”63″ filledcolor=”#00b8b2″ filledbordersize=”” filledbordercolor=”” unfilledcolor=”” striped=”no” animated_stripes=”no” textcolor=”#3d3d3d” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=””]Conduct IT Risk Assessments[/fusion_progress][fusion_progress height=”30″ text_position=”above_bar” show_percentage=”yes” unit=”%” percentage=”37″ filledcolor=”#00b8b2″ filledbordersize=”” filledbordercolor=”” unfilledcolor=”” striped=”no” animated_stripes=”no” textcolor=”#3d3d3d” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=””]Conduct Intrusion Testing[/fusion_progress][fusion_progress height=”30″ text_position=”above_bar” show_percentage=”yes” unit=”%” percentage=”31″ filledcolor=”#00b8b2″ filledbordersize=”” filledbordercolor=”” unfilledcolor=”” striped=”no” animated_stripes=”no” textcolor=”#3d3d3d” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=””]Provide Cyber Security Training for Employees[/fusion_progress][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]

This publication contains general information only and Sikich is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or any other professional advice or services. This publication is not a substitute for such professional advice or services, nor should you use it as a basis for any decision, action or omission that may affect you or your business. Before making any decision, taking any action or omitting an action that may affect you or your business, you should consult a qualified professional advisor. You acknowledge that Sikich shall not be responsible for any loss sustained by you or any person who relies on this publication.

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