Recession Readiness: Cost Strategies to Take the Lead – Part II: Identify and Implement Technology and Business Process Improvements
October 19, 2022
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While manufacturers continue to battle inflation, increased interest rates, workforce shortages and supply chain challenges, it is becoming increasingly evident that leaders must also review their strategic and financial plans to ensure they are prepared for this recession risk. Join Joe Haehner, Industrial Manufacturing Partner, in this podcast series as he explores a variety of strategies manufactures can implement now to proactively rein in costs while simultaneously reinvesting in growth.
In Part II of this series, Steve Holliday, Director of Digital Advisory Services, provides insight into analyses manufacturers can utilize to understand the changing economic conditions and details helpful tools to both track areas of concern and trigger action. In addition, he will review best practices to prioritize cost opportunities and focus to the removal of costs
We invite you to tune in to all podcasts in this series:
Part I: Industry Economic Outlook – Chad Moutray, Chief Economist | National Association of Manufacturers
Part III: Digital Solutions for Recession Preparedness – Jim Holman, Director, Digital Advisory Services | Cherry Bekaert