Manufacturers: Do you know the telltale signs of vendor fraud?

Vendor fraud can be a significant risk in the manufacturing sector, where companies rely on numerous third-party suppliers ...
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Make smarter, data-driven decisions after determining your products’ profitability

For manufacturers, knowing which products are profitable is essential for strategic decision-making and long-term success. While total revenue ...
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Manufacturers: Cut costs by avoiding sales tax overpayments

Controlling costs is always at the forefront of manufacturers’ minds, but the current environment makes it particularly critical. ...
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Cybersecurity challenges in manufacturing are growing

Cybersecurity is more critical than ever for manufacturers as they increasingly integrate advanced technologies such as the Industrial ...
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Work-in-process: What it means for your manufacturing company’s finances and performance

Work in process (WIP) is a common term in manufacturing, often tossed around loosely. WIP is sometimes used ...
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Comprehensive employee reviews can pay off for your manufacturing company

Conducting effective performance reviews can be challenging. They require significant management effort, and there’s potential for conflict if ...
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Is your manufacturing company’s budget realistic?

You’ve likely already begun your manufacturing company’s 2025 budget planning. A comprehensive, realistic budget allows you to identify ...
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The IRS issues final regs for the advanced manufacturing production credit

The IRS has published final regulations for the Section 45X advanced manufacturing production credit. The final regs update ...
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Create a business continuity plan before the next crisis affects your manufacturing company

In the wake of the pandemic and the ongoing threat of natural disasters, a business continuity plan is ...
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Knowledge is power: How much is your manufacturing company worth?

Many manufacturer owners may have a ballpark idea of their company’s value. But a professional valuation is essential ...
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Manufacturers: Implement year-end tax planning strategies now to reduce your 2024 tax bill

As the year draws to a close, it’s generally manufacturers’ last chance to implement strategies to reduce their ...
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2 labor-related costs manufacturers need to keep in check: Workers’ comp and unemployment insurance

Managing workers’ compensation and unemployment insurance costs is crucial for manufacturers to maintain financial stability. Indeed, without plans ...
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