According to a survey conducted by Xometry, CEOs whose companies depend on manufacturing to produce and deliver their goods are demonstrating supply chain resilience by investing in talent and technology while reshoring and nearshoring their manufacturing capabilities.

The quarterly survey, which tracks CEO and decision-maker sentiment at more than 150 leading companies nationally, reveals that 90% of CEOs expect supply chain concerns to stretch well into 2023.

But it reveals resilience in the face of continued disruption.

• The majority of CEOs – 80% – are planning capital investments
• Nearly 70% of CEOs said they are investing in employees
• 66% are investing in automation and workflow operations
• 63% are embracing emerging technologies like Artificial Intelligence (AI)
• Nearly two-thirds (64%) of the CEOs say they are currently reshoring or nearshoring their operations, or planning to
• 25% planning to expand their offshoring capabilities and 11% are planning no changes

“In our 40 years of probing CEOs, business decision-makers and influencers, this survey of manufacturing executives certainly stands out,” said Jeremy Zogby, Managing Partner of Zogby Strategies. “The data confirms that executives, while having faced a myriad of disruptions, remain resilient and innovative, looking ahead with confidence and doubling down on talent and tech to strengthen their operations to minimize any future potential concerns.”

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