Manufacturing CFO survey
The era of the Hybrid CFO
Embrace the evolution of your role
Highlights from SYSPRO's 2023 manufacturing CFO survey:
Global manufacturing trends
The latest SYSPRO Annual Manufacturing CFO Survey was conducted in Q3 2023 across our extensive global manufacturing and distribution network, covering a wide variety of businesses, nations and operating environments.
Participants included financial leaders in Africa, APAC (Australasia and the Asia Pacific region), the USA, Canada and the UK and Europe. The results presented in this report therefore reflect the insights of key stakeholders and decision makers in the manufacturing and distribution sectors.
Since our first survey, conducted in 2020, the manufacturing sector has undergone a period of unprecedented change. A world transformed significantly has emerged due to the convergence of several unforeseen macro-level shocks.
Strategies that manufacturing CFO's currently focus on to generate operational efficiencies:
51%
CRM, ERP and BI to support better clarity and transparency
38%
Investing in scheduling and MRP
23%
Automating the warehouse
22%
Re-engineering of supply chains to improve B2B trading
18%
Investing in eCommerce platforms
13%
Advanced manufacturing such as Robotics and Smart technology
Key themes in SYSPRO 2023 CFO survey:
- The evolving role of the CFO
- Ascendance of fiscal conservatism
- Risilience from within an organization
- Innovation trends
- The dividends of digital transformation
- and more...