Thursday, January 9, 2014

Edging Out Regulations, Rising Health Care Costs Is Largest Concern For Manufacturers According to NAM Survey

It was a close margin, but in a recent National Association of Manufacturers (NAM) survey, rising health care and insurance costs were named the top challenge facing manufacturers.  It's no surprise that the survey shows health care costs as the number one concern as it comes at the launch of the Affordable Care Act (ACA).

Shifting the cost burden to employees or reducing coverage minimize the costs slightly.  However, the cost to the employer is still increasing at a larger rate and shifting part of the burden only gets you so far.  Having limited options available to mitigate this issue is probably a large reason why it's ranked the number one challenge.  So, what can you do?

When factors outside of your manufacturing operation are causing increases in your costs, finding internal ways to trim costs is extremely important.  At EVS, we work strictly with manufacturers and distributors to help make their businesses operate as efficiently as possible through the use of ERP software and related services.  Not only does EVS develop process manufacturing ERP software, but we also implement and offer experienced consulting.  With over 10 years of experience, we've seen companies find thousands of dollars in savings through the use of our industry specific process manufacturing software and warehouse management software systems.

While rising heath care and insurance costs look to be a concern that is here to stay for the long haul, look internally to save in other areas of your business.  We'd love the opportunity to help you find those hidden cost savings throughout your entire business.  For more information, visit our website at www.evs-sw.com.

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