Technology optimization and modernization is the key to increased visibility and supply chain efficiency. Ninety-four percent of manufacturers are increasing their investments in technology over the next three years.

Manufacturers are facing increasing competition for skilled workers, leading to a greater emphasis on wages and benefits packages, workforce training, and DEI initiatives in the workplace.

From adding new product lines and targeting niche markets to expanding into new geographic regions and exploring M&A opportunities, all respondents to our survey are confident in their organization’s ability to pursue growth opportunities.