2023 Marcum National Manufacturing Survey Report

2 THE 2023 MARCUM NATIONAL MANUFACTURING SURVEY

Marcum is uniquely qualified to serve manufacturers and distributors with seasoned professionals who understand the industry and specific market forces that are driving business decisions. Marcum’s industry professionals guide clients through personalized, innovative strategies to increase profitability and maximize their competitive advantage. Visit www.marcumllp.com/industries/ consumer-industrial-products/industrial products to learn more. About Our Consumer & Industrial Product Group

Table of Contents

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Executive Summary Overview-Trends

Workforce Issues Easing But Persistent Economic Anxiety Rising Only Slightly Responses Suggest Tax Opportunities Leverage Every Tax Advantage Possible: Jon Shoop An ERP Audit Helps Maximize Benefits of Technology: Benjamin Cook Emerging Technologies Offer Possibilities Manufacturers Renew Focus on Cybersecurity: Joe Compton Proactive Approach Vital to Logistics Success: Joe Brady Looking Ahead Closing Letter: Mike Sacco Survey Results