MiMfg May/Jun 2022 - Page 16

Electing promanufacturing candidates ensures our business climate remains favorable to success .
16 MiMfg Magazine May / June 2022
Looking to the Future
Now is an opportune time for manufacturers to gain a deeper understanding of their supply chain : To study it , find out where the challenges are taking place and implement solutions .
“ Companies that are willing to evaluate , invest in or own their supply chains will have an advantage ,” Smith says . “ It will show over the next few years who spent their time during the pandemic rethinking how to do their supply chain .”

The experts agree , manufacturers must understand their own supply chains and make constant efforts to evolve , or they will face compounding challenges down the road . Having multiple suppliers for each product , onshoring when possible , maintaining healthy relationships with suppliers and ensuring leadership has a solid understanding of the costs of doing business are just a few things manufacturers can do now to cope with ongoing , ever-evolving supply chain challenges . 6

Michigan Manufacturers :

Make Your Voice Heard

Electing promanufacturing candidates ensures our business climate remains favorable to success .

Patrick Curry
Chairman , MMA-PAC Member , MMA Board of Directors President , Fullerton Tool and Endurance Carbide
Have a manufacturing story to tell ? E-mail communications @ mimfg . org .
A strong MMA-PAC has led the way for a competitive business environment for MMA members and the manufacturing industry . Contact Ashley Wakefield , at wakefield @ mimfg . org or 517-487-8523 , to choose your level of investment .
Manufacturing experienced CPAs
• Tax , Audit & Business Consulting
• Overhead Cost & Cash Flow Management
• Inventory Costing & Capitalization
• Operational Assessment
• Performance Measurement
• Succession Planning & Business Valuation
• Outsourced Accounting
Amy Buben , CPA , CFE , Principal Manufacturing Services Group Leader amybub @ yeoandyeo . com

MMA-PAC Record of Success

Saved manufacturers

$ 3.4 billion

( and counting ) with historic PPT exemption
Reformed Michigan ’ s workers ’ compensation law and saved employers

$ 500 million

( and counting )
Secured talent-focused funding for programs like the Going PRO Talent Fund , in the amount of

$ 227 million

Protected Michigan ’ s 10 % energy choice option , a

$ 1.2 billion value , and critical to the industry ’ s competitiveness

Paid for with regulated funds by the MMA-PAC . Not authorized by any candidate committee . 620 South Capitol Avenue , Lansing , MI 48933 . Contributions to the MMA-PAC are not considered charitable contributions for federal income tax purposes .