2021 Marcum National Manufacturing Survey

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THE 2021 MARCUM NATIONAL MANUFACTURING SURVEY

THREATS AND CHALLENGES

BIGGEST CONCERNS MOVING FORWARD As companies build strategies for the future, they naturally consider their most significant challenges. We asked what those were, and respondents overwhelmingly chose issues surrounding labor as the top threats. Sixty-nine percent expressed concern about finding skilled labor; other top concerns included workforce training (40%), spiraling healthcare costs (37%), retirement of skilled laborers (34%), and succession planning (23%).

Worries about government also weighed heavily, specifically higher taxes (31%) followed by increased regulations (17%). A notable cohort of 23% remains concerned about the continuing impact of the pandemic. Fundamental business challenges were also an issue, with 23% worried about managing their supply chain relationships and 17% worried about increased competition.

Q38 What are your top supply chain challenges?

100%

90%

80%

70%

60%

Production scheduling 11.43% (4)

50%

Controlling costs 40.00% (14)

40%

Raw material sourcing 25.71% (9)

Meeting customer

30%

expectations 14.29% (5)

On-time delivery 8.57% (3)

Others 0.00% (0)

20%

10%

0%