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Showing 1–16 of 256 results

  • Why some manufacturers are “reshoring” their operations

    Summer 2023
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 352

    Abstract: In recent years, there has been an emerging reshoring trend among U.S. manufacturers. The Reshoring Initiative, a nonprofit organization, estimates that from 2021 to 2022, the number of new U.S. jobs from reshoring and foreign direct investment increased by nearly 35%. This short article covers some reasons manufacturers should consider using domestic sources and some of the potential roadblocks.

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  • Segmented income statements can help enhance profitability

    Summer 2023
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 640

    Abstract: Most manufacturers issue companywide income statements. But some may want to dig a little deeper into their numbers with a segmented income statement. This article discusses how a properly designed segmented version of this report can be used to improve the bottom line.

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  • Inflation Reduction Act of 2022 – Take advantage of new tax incentives for manufacturers

    Summer 2023
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 662

    Abstract: Despite its name, the Inflation Reduction Act (IRA) does more than combat rising prices. According to the White House, the Act represents the “single largest investment in climate and clean energy solutions in American history.” This article highlights several of the IRA’s tax incentives that benefit manufacturers, including expanded deductions for energy-efficient commercial buildings, advanced energy project credits, advanced manufacturing production credits and enhanced research credits for start-ups.

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  • Attracting skilled labor with retirement opportunities – SECURE 2.0 can help manufacturers

    Summer 2023
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 922

    Abstract: The Setting Every Community Up for Retirement Enhancement 2.0 Act makes it easier for employees to save for retirement by increasing contribution limits and expanding hardship withdrawals. It also offers tax credits and other incentives for employers that adopt new retirement plans and authorizes plan enhancements that can help employers boost participation in existing plans. This article reviews key provisions for manufacturers to consider. A brief sidebar looks at “starter 401(k) plans,” an option that can be easier and less expensive to administer than a traditional 401(k) plan.

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  • The high (and often hidden) costs of employee turnover

    Spring 2023
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 440

    Abstract: Most businesses today are facing an unprecedented shortage of skilled labor, so it’s more important than ever to hang on to existing employees. Manufacturers have been hit particularly hard. One reason for this: When the COVID-19 pandemic caused most schools to shift to a remote model, enrollment in many vocational programs — where hands-on learning is essential — declined sharply. This article looks at the full cost to replace employees and the importance of having a stable workforce.

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  • Unfinished business: How to manage WIP inventory

    Spring 2023
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 554

    Abstract: Work-in-process (WIP) inventory is an important entry on a manufacturer’s balance sheet. Monitoring WIP is critical not only to ensure that manufacturers’ financial statements are accurate, but also because it serves as a useful metric for tracking a company’s performance. This article explains what WIP is, the benefits of tracking WIP and determining the optimal level of WIP.

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  • Make a clean sweep – Understanding how waste affects your bottom line

    Spring 2023
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 650

    Abstract: The goal of profitable manufacturers is to make as many products with as few resources as possible. With the economy continuing its uncertain path, getting ahead of cost savings is important. One way for manufacturers to save is to rein in waste at their facilities. But waste is much more than just scrap materials that pile up on shop floors. This article takes a look at how efficient production is the start to reducing waste.

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  • Occupational Fraud 2022: A Report to the Nations – Are you doing enough to combat fraud?

    Spring 2023
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 899

    Abstract: Occupational fraud — that is, fraud committed by employees — is a significant problem for all businesses. According to the Association of Certified Fraud Examiners (ACFE), organizations lose 5% of their revenue to fraud every year, and manufacturing is among the most frequently hit industries. The ACFE’s Occupational Fraud 2022: A Report to the Nations is based on data supplied by certified fraud examiners around the world. This article reviews the report’s findings and provides suggestions for ways manufacturers can implement antifraud controls. A brief sidebar reviews the importance of recognizing certain employee behaviors that can be a red flag for fraud.

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  • How rolling forecasts can provide more clarity

    Winter 2023
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 405

    Abstract: Over the last three years, economic volatility and supply chain disruptions have provided a stark lesson on the weaknesses of traditional budgeting and forecasting methods. Under the best of circumstances, it’s difficult for manufacturers to forecast their performance over the coming year. When economic and market conditions are prone to change suddenly and unexpectedly, a traditional static forecast can quickly become obsolete. That’s why many manufacturers have adopted a rolling forecast model. This article discusses the difference between static and rolling forecasts, and the benefits of rolling forecasts.

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  • It’s time to analyze your research expenditures

    Winter 2023
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 561

    Abstract: Recent changes to the tax treatment of research expenditures are having a big impact on many manufacturers’ tax bills. The most significant change took effect in 2022 pursuant to the Tax Cuts and Jobs Act (TCJA). Given the potential impact of possible deductions, manufacturers should conduct a study of their research expenditures and consider strategies for reducing their tax bills. This article reviews the changes made by the TCJA and the Inflation Reduction Act of 2022.

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  • Is “Made in America” the right model for your business?

    Winter 2023
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 604

    Abstract: Customer preference for American-made products isn’t new. After strained supply chains due to the COVID-19 pandemic, the decision to move from overseas suppliers to domestic factories may have been made for manufacturers. But higher labor rates and overhead costs may cause some “homegrown” products to be more expensive than foreign-sourced products. As 2023 starts, manufacturers and distributors should weigh whether a Made-in-the-USA strategy will help attract customers. This article provides some angles manufacturers should consider to position their business accordingly.

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  • Planning an exit strategy for your business – Tips to maximize value and minimize taxes

    Winter 2023
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 947

    Abstract: Every business owner should have an exit strategy that helps recoup the maximum amount for his or her investment. Understanding the tax implications of a business sale will help the owner plan for — and, in some cases, reduce — the impact on a tax bill. This article focuses on selling a business to a third party and provides some considerations to help ensure the transition is as smooth as possible. A short sidebar covers whether an employee stock ownership plan (ESOP) might be a viable exit strategy if the business is organized as a corporation and the seller isn’t interested in leaving it to family or selling to an outsider.

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  • How profitable are your products?

    Fall 2022
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 358

    Abstract: Most manufacturers have a good idea of their overall profitability, but what about the profitability of individual products? This article highlights the importance for manufacturers to track the costs of manufacturing each product, so as not to miss an opportunity to maximize profitability by fine-tuning production, marketing and pricing strategies.

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  • Get ready for the new lease accounting standard

    Fall 2022
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 522

    Abstract: After several postponements, the updated lease accounting standard is about to take effect for private companies. Companies that follow U.S. Generally Accepted Accounting Principles (GAAP) must adopt the new standard for fiscal years beginning after December 15, 2021, and interim periods within fiscal years beginning after December 15, 2022. This article provides a quick review of the standard, implementation guidance, and tips for dealing with embedded leases and lease accounting software.

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  • Keys to effective BYOD policies

    Fall 2022
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 724

    Abstract: In today’s fast-paced technological world, almost all workers have a mobile phone, tablet or laptop. Salespeople, customer service reps and managers may travel for work or work from home and use these types of mobile devices to complete business. This article looks at issues manufacturers who allow a bring-your-own-device (BYOD) policy should consider and ways protect the company’s data without violating employees’ privacy.

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  • Beyond green – Robust ESG initiatives help manufacturers do good — and do well

    Fall 2022
    Newsletter: Manufacturer

    Price: $225.00, Subscriber Price: $157.50

    Word count: 891

    Abstract: In today’s highly competitive markets, it’s critical for manufacturers to embrace environmental, social and governance (ESG) initiatives. Mounting pressure from investors, customers, employees and regulators is rapidly transforming ESG from a laudable goal into a business necessity. This article reviews what ESG is, why it matters for manufacturers and some benefits of incorporating ESG practices. A short sidebar covers how green factories may provide significant financial benefits in the form of reduced energy costs.

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