Accenture Study Finds US Manufacturers Optimistic but Concerned about Demand -- Big4.com Reports on Findings

Share Article

Dedicated to greater operations investments.

Big4 Logo

Big4

Big4.com, the premier social networking forum for professionals and alumni of Accenture, Andersen, BearingPoint, Capgemini, Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers PwC, reports on a new Accenture study that sees almost two thirds of US manufacturers optimistic about global economic growth but wary of uncertain consumer demand and rising commodity prices. "Efficient, Dynamic and Customer Focused Operations," was released May 21.

Big4.com also reports the manufacturers are also concerned about weaker pricing power for finished goods and services (43 percent) and pressure to reduce operating costs (41 percent).

Operations relocations are still an important aspect of manufacturers’ strategies, according to the survey. Forty-three percent of the respondents said they expect to move operations through 2012 and 2013 as they continue to manage costs and look for opportunities to increase customer responsiveness.

Big4.com also notes that while 60 percent of North American manufacturers surveyed continued to invest capital in their business in 2011 , 35 percent of the manufacturers deferred their capital investments during the year.

Russ Rasmus, Accenture lead for Manufacturing in North America spoke about some of the findings:
“Manufacturers who put off capital investments in recent years appear to recognize the drawbacks once growth returns,” he said. “Given the record amount of cash that North American companies have accumulated, they now have an opportunity to invest to improve operating models and execution capabilities. That can come as much from enhancing existing capital and operations as well as investing in new technologies.”

About Big4.com
Big4.com is the accounting, tax, consulting and IT professions’ premier resource, and has been exclusively focused on Big Four firm professionals and alumni for 10 years, providing high quality content, connectivity and commerce. The Big Four Job Board offers fresh job opportunities – clients include the world’s leading companies. Big Four News covers key news, developments, events, survey results, press releases and appointments. The Big Four Blog provides opinion and insight on recent and key developments, news, happenings, management changes, regulations, acquisitions and capital market activities. Big4 Video is a professionally produced news covering key global developments in this space.

Big4.com has a strong presence on key social media platforms:
Youtube: Big4Video is a professionally produced weekly news magazine.
Twitter: twitter.com/big4 has 9,000 followers.
LinkedIn: The Big Four Alumni and Professionals group is the largest corporate and alumni group with 85,000+ members.
Facebook: The Big4 fan page has 5,500 fans at facebook.com/big4page.
Xing: The Big Four Alumni and Professionals group has 1,450+ members.

Contact
Kristy Short
Big4.com
(734) 481-0186

# # #

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Kristy Short
Big4.com
(734) 481-0186
Email >
Visit website