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  "documentTitle": "2023 Manufacturing Survey",
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      "text": "Supply chain management is still expected to be the focus of operational investments as ~80% of companies across all supply chain initiatives expect to accelerate spending over the next three years, with a focus on improving monitoring systems and onshoring / nearshoring manufacturing. Investment in other operational priorities are also expected to accelerate, with the difference in the percentage of executives that expect to increase spending over the next three years vs. the prior three years being >2x larger vs. last year, implying increased optimism and low spending in 2022. Financial / timing constraints such as investment required (~90% of respondents), ROI (~70%), and time to execute (~70%) are viewed as the biggest challenges to executing operational initiatives",
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      "text": ">55% of IE&T companies indicated they are confident in their ability to achieve revenue and profit growth, which is reflected by an expected ramp up in investment of +5% over the next three years on new market entry, aftermarket, high margin products, automation, and salesforce efficiency. Investment in financial priorities, particularly those related to achieving revenue growth, is expected to accelerate faster than virtually all other priorities; however, >80% of cite investment required as a constraint to achieving success, time to execute, human capital / resource restraints",
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      "text": "IE&T executives are expecting to accelerate investments substantially over the next three years across all categories of priorities, further indicating confidence in companies' ability to achieve initiatives",
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