National Survey Highlights Indiana’s Thriving Manufacturing Economy
Veterans day marked the release of Katz, Sapper & Miller's annual survey of Indiana manufacturers. The organizational capacity of organizations that represent the businesses that are encompassed by this sector of Indiana's community have allowed them to work with state lawmakers to cultivate a business climate that encourages growth and development within this industry. The report is a significant economic indicator as manufacturing is the foundation of the Hoosier state's economy.
The report conveyed optimism regarding the growth of Indiana's manufacturing base. Over 77 of manufacturers who responded to the survey expressed their financial performance as being stable and/or healthy. A similar margin responded positively when asked about the future of state's marketplace.
Steve Jones is an associate professor of finance at Indiana University and the chair of its Kelley School of Business Indianapolis Evening MBA program. The school has been one of the nations most renowned academic institutions since its inception over 90 years ago. As a co-author of the survey, his insight expresses the results of the study.
"So we're pleased to report that the mood of our manufacturing employers is upbeat and bullish on investment – but they also have real worries about rising energy and regulatory costs, and about Indiana's workforce." he stated.
Workforce concerns convey the need for manufacturing software solutions that can enhance ERP. In doing so, automating and making processes more efficient enables enterprises to measure the success of their workforce and gage how to make improvements. Business management software is a vital resource for improving disparate operations within a single enterprise.
Accent Software, Inc. provides business software solutions for Indiana based manufacturers. The software provider is headquartered in Indianapolis and provides an expertise of Indiana's manufacturing economy that can facilitate the success of an enterprise.