Manufacturing businesses must be able to monitor and benchmark different areas of their organization to support their goals and measure the extent to which they are accomplishing them. Monitoring areas like inventory levels, cycle times and sales can help set your organization up for success.
Due to emerging advances in technology, the manufacturing sector is now one of the most frequently hacked industries, second only to health care.
As any manufacturer will tell you, challenges lurk everywhere. Yet one of the top challenges facing manufacturers today is the demand to make quicker, smarter decisions about industry specific needs.
Is your manufacturing company planning to purchase equipment or machinery early in 2017? If so, it might be more advantageous from a tax perspective to make that purchase before 2016 comes to a close.