News
Manufacturing & Distribution
Keep Your Gear in Top-Notch Condition and Save Money
2/9/2018
If your company has contracts for maintaining and servicing your equipment and vehicles, chances are, you're spending more than you need to.
Steps to Help Cut Repair Costs
1. Dump service contracts on such low-cost equipment...
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Keep Your Fleet Safe and Save Money
1/12/2018
Whether your company has one vehicle or dozens on the road, smart management can save you money.
Familiarity with tax laws, simple maintenance steps and high-tech solutions can reduce the costs of operating your fleet and keep it...
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Know the White Collar Laws Before Doing Business Abroad
11/3/2017
Conducting business in another country can be an effective way to expand your company and boost its revenues. But before you indulge, you need to be clear on how the prospective country deals with internal fraud and white collar...
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Protect Your Business After an Emergency
9/22/2017
More than 1,200 businesses were located in and around the World Trade Center when terrorists turned two passenger planes into flying bombs and destroyed the twin towers on Sept. 11, 2001. Some of the companies affected by the disaster were able...
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The Benefits of Leasing
7/18/2017
If your company wants to improve cash flow, you might consider leasing equipment, vehicles and facilities, rather than buying. The primary advantage of leasing used to be the tax advantages offered. But the fact that leasing allows you to...
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PCI Compliance: Protect Customer Information
12/2/2016
The explosion in the use of debit and credit cards is not without a downside. As more and more credit cards are provided to merchants, the potential that the information will be stolen also increases. Consumers expect their card information will be...
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Ten ways manufacturing managers can build better teams
12/18/2015
What makes an effective team?
Extensive research has been conducted over many decades to identify the management practices that produce the most effective teams. The findings from that research can be distilled into key behaviors that can make you...
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Obstacles to greater energy efficiency
11/20/2015
In recent years, energy prices can only be categorized as volatile, and that volatility is having a major impact on manufacturing profits.
Further gains are possible if barriers to increased efficiency can be addressed, the U.S. Department of...
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Innovation centers bring rebirth of American manufacturing
11/4/2015
Good old American ingenuity and know-how are what made this country a world leader in the manufacturing sector.
In recent decades, manufacturing has been eroding in the United States, both through moving production capabilities overseas and through...
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Be on lookout for tax incentives from Congress
10/28/2015
The U.S. Tax Code has a long history of tax incentives for manufacturers and other business enterprises. However, as is typical, these incentives tend to come and go at the whim of Congress.
The purchase of machinery and equipment has been the...
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Why is the number of women in manufacturing declining?
10/16/2015
In the past few years, there has been a lot of discussion concerning the shortage of skilled workers in the manufacturing sector.
In fact, between February 2010 and April 2013, when sector jobs were on the rise, and 558,000 men were hired, an...
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Four reasons tax reform for manufacturers is needed
9/25/2015
Although it can be a dangerous undertaking to predict what Congress will do, there is little debate that the United States is in serious need of comprehensive corporate tax reform. And it may be on the horizon.
1. The tax code is incredibly...
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More cities added to manufacturing initiative
9/14/2015
A multi-agency initiative by the U.S. federal government is another vote of confidence in the revival of the American manufacturing economy.
Between 2000 and 2010, almost 40 percent of large U.S. plants closed, with a subsequent loss of jobs. But...
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New food safety rules coming soon
8/28/2015
One of the most highly debated and complex new pieces of legislation regarding food products will be finalized late in the coming weeks.
The act encompasses preventative controls, inspection, compliance, food import oversight and recalls.The Food...
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Avoid labor shortage through recruiting and retention
8/19/2015
There has been a lot of press in recent years about the shortage of skilled labor in manufacturing.
The employees you need can’t be created overnight, but there is one way your company can fight the challenge – recruit wisely and then...
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Manufacturing: Its broad impact on the economy
7/30/2015
Diversity in business sectors in an economy brings stability and opportunity. Not all sectors are created equal, however. The manufacturing sector, in particular, provides many direct and indirect benefits, not only to local areas but to the country...
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Integrated reporting: Going beyond the numbers
7/20/2015
Financial reporting has long been the bedrock of company reporting, widely used by stockholders and others to understand company performance and outlook.
But in a world where corporate actions and relationships within communities are far more...
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Boost revenue through better sales forecasting
7/1/2015
Sales forecasts drive production and investments, so accuracy is critical.
If you’re overly optimistic, you have inventory sitting in your warehouses. If your forecast is too low, the shelves are empty and you lose revenue. The forecasting...
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U.S. employment grows along with its exports
6/18/2015
When U.S. companies expand outside the country, it helps the employment rate at home.
In fact, a record 11.7 million American jobs in 2014 were dependent on U.S. exports of goods and services, according to a new report from the U.S. Department...
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Do your departments operate as silos?
6/4/2015
Tension is usually considered a bad thing. But as any engineer will tell you, without tension, most mechanical devices won’t operate successfully.
It is, in fact, the tension that gives devices their power. One gear turns one way while...
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