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2024 Outlook Research Report for Manufacturers
POSTED 11/29/2023
Our survey highlights the remarkable resiliance manufacturers have shown throughout these challenging times. However, it’s imperative that we address critical areas such as employee retention, data security and rising costs tied to inflation. Employee retention emerged as one of the key hurdles highlighted by survey respondents. Manufacturers are using increased pay and bonuses, better benefits and other perks to keep and attract top talent. Addressing this concern becomes paramount as companies strive to maintain stability and cultivate growth. Our research shows while there are many obstacles, there is even more untapped potential in the areas of digital technology and AI that need consideration as we move forward into 2024. Download the report to learn why manufacturing executives are optimistic about the coming year — even in the face of inflation and recession fears. You can also learn more about Wipfli’s solutions for manufacturers here.