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Lumsden McCormick Firm News

Manufacturing Newsletter | August 2023

Manufacturing Newsletter

August 2023

Trending topics and news presented this month for manufacturers includes ESG practices, maximizing profitability, reshoring, advanced analytics, and BNMA Manufacturing Night on October 5.

Environmental, social and governance (ESG) initiatives can give enhance your community brand and add financial benefits along the way.

Maximize profitability by tracking the costs of each product or good you manufacture to improve production and more accurate pricing models.

The number of manufacturing jobs across the United States is increasing which is good news and due in part to onshoring.  When making the shift consider the costs, infrastructure, and skills gap.

Data analytics is nothing new but using the advanced technologies now available to manufacturers, you can analyze large amounts of data that can impact the bottom line.

Lumsden McCormick will be an exhibitor at the Buffalo Niagara Manufacturing Alliance Manufacturing Night being held on October 5 from 4-8 pm.
 

View the complete August newsletter.

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