Survey of Manufacturing and Purchasing Executives Reveals Strong Revenues and Hiring for Remainder of 2015 among Midsized Industrial U.S. Manufacturers
Prime Advantage, the leading buying consortium for midsized manufacturers, announced the findings of its latest Purchasing and Manufacturing Survey. The results show continued optimism about employment through the remainder of the year as well as revenues into 2016 demand for flexibility and responsiveness in supply chains grows.
|Are on or above plan so far in 2015|
|80%||Will continue on or above plan through year-end 2015|
|83%||Believe revenue momentum will continue through 2016|
|Manufacturers' top needs from suppliers:
-Flexibility to respond to unexpected demand
-Responsiveness to change requests
|Are actively managing the potential impact of costs related to indirect spend|
|Manufacturers are seeking people with:
"The survey results are extremely encouraging. The majority of our Members continue to achieve strong revenues and growth, even after concluding a string of prosperous years," said Louise O'Sullivan, founder, president and CEO of Prime Advantage. "In addition, we are delighted to be helping our Members effectively prioritize their direct and indirect spends to control costs."
Prime Advantage surveys a cross section of purchasing executives and professionals from its Member companies representing durable good manufacturers. The latest survey data was collected in July 2015 from supply chain managers and purchasing professionals companies. These U.S.-based manufacturers represent more than 25 different industries, including commercial food service equipment, packaging, truck and trailer, material handling, food processing, and construction equipment. Prime Advantage has polled its membership for their impressions of current economic conditions since February 2008. To receive a copy of the complete report, fill out the form above.