On Manufacturing Pessimism

“Given current economic trends, it’s understandable that manufacturers’ optimism is declining. Yet, increased demand offers some promising news. To keep up, business leaders should diversify their material suppliers and challenge logistics providers to find ways to tighten delivery times. And, to address employee shortages, companies must revisit their talent strategies and implement comprehensive recruitment and talent development programs.”

—Jerry Murphy, partner in charge of manufacturing and distribution services at Sikich, explaining the reason for declining manufacturing optimism.

 

SOURCE: Sikich Industry Pulse: Manufacturing & Distribution report