Panel: Driving Sustainable Profitability for Manufacturing Companies
Scot Duncan, Co-Founding Partner speaks on Panel: Driving Sustainable Profitability for Manufacturing Companies hosted by CohnReznick. Scot shares what MiddleGround Portfolio companies are doing to increase revenue in this turbulent time of labor shortages, supply chain issues. Our portfolio companies are getting back to the basics and focusing on customer retention. Being reliable as a supplier will not only retain current customers but will attract new customers who can’t depend on their current suppliers for product. Our companies are also putting emphasis on their websites to drive sales and clearly showcase what our companies do. Lastly, we’re focusing on automation. The labor shortage in manufacturing is a trend that is not going to go away and we can further combat this issue but automation of processes.
Watch the entire panel discussion above to learn more.