Industries

Find out how companies are faring and addressing the challenges that lie ahead

Tom Murphy, RSM McGladrey’s Executive Vice President, Manufacturing and Wholesale Distribution, presents the results of RSM McGladrey’s annual Manufacturing and Wholesale Distribution National Survey. He discusses the challenges as well as opportunities for companies to increase growth, decrease costs and retain skilled workers.

To listen to an audio summary of his presentation, click on the following link:

• Listen Now (right click to download)

Key findings include:

• Most companies are relying on domestic versus international growth strategies – there is a direct relationship between a global strategy and revenue growth
• Raw materials, logistics and inventory carrying costs were least likely to be well-managed by companies – opportunities exist to improve supply chain management
• 63% of companies said they were expanding their workforce – workforce shortages will worsen as the baby boomer generation retires
• Tax savings opportunities are not being fully utilized - many companies do not know they are available
• Only half of companies are implementing wellness programs – these programs will help drive down health care costs
• Risk management is not a concern for 54% of the companies – companies should perform a risk assessment to prioritize risk

Related Resources
Ask The Expert

Capabilities

Contacts

Events

Industry Advocacy

Speakers Bureau

Topics and Issues