2019 Northeast Ohio Manufacturing Survey Results Are In – Here’s What You Can Expect

Posted on Wednesday, March 6, 2019 by

What are the concerns and challenges of manufacturing companies in Northeast Ohio? How do they perceive opportunities and issues confronting them in 2019? These and other questions are the focus of the 2019 Northeast Ohio Manufacturing Survey Report. Skoda Minotti will release full survey results soon.

Also posted in CPA & Business Advisory, Mailchimp RSS | | Tagged , , , , , , , | Leave a comment


7 Ways Big Data Can Boost Your Manufacturing Efficiency

Posted on Tuesday, March 5, 2019 by

In this high-tech era, use of analytics is essential for increasing productivity and efficiency without sacrificing quality. Additionally, the new metrics can lead to better business practices and spur innovation. If you haven’t adapted to the latest changes in the industry, your company may be left behind.

Also posted in CPA & Business Advisory, Mailchimp RSS | | Tagged , , , , , , | Leave a comment


Manufacturers: It’s Not Too Late to Comply With the New Accounting Standards

Posted on Tuesday, February 12, 2019 by

It’s 2019: Is your manufacturing business complying with the new revenue recognition requirements issued by the Financial Accounting Standards Board (FASB)? It’s not too late to get organized, but don’t delay any longer.

Also posted in CPA & Business Advisory, Mailchimp RSS | | Tagged , , , , , , , , , , , , | Leave a comment


How Creative Manufacturing Logistics Strategies Can Boost Your Bottom Line

Posted on Monday, January 7, 2019 by

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.

Also posted in CPA & Business Advisory, Mailchimp RSS | | Tagged , , , , , , | Leave a comment


Forecast – Windy With a Chance of Bad Data

Posted on Monday, October 22, 2018 by

Performance metrics can be a powerful tool to assist you in monitoring the health of your business; yet, their usefulness can be impacted by the quality and integrity of the input data.

Also posted in CPA & Business Advisory, Mailchimp RSS | | Tagged , , , , , , , | Leave a comment


The Inventory Turnover Ratio – Your Key to Boosting Manufacturing Efficiency

Posted on Tuesday, September 11, 2018 by

If you run an inventory-based business, it’s critical that you have systems and processes in place to manage your inventory effectively. There’s one simple ratio that can help you evaluate the health of your inventory management—the inventory turnover ratio.

Also posted in CPA & Business Advisory, Mailchimp RSS | | Tagged , , , , , , , | Leave a comment


What is Third-Party Logistics (3PL) and How Can It Help Your Manufacturing Business?

Posted on Tuesday, July 24, 2018 by

The variables that determine how and when a product is shipped are almost as important as the product itself. However, manufacturers are busier than ever, and your company may find itself falling behind in the rapidly evolving logistics game. In this case, a third-party logistics (3PL) firm could be the right move for your business.

Also posted in CPA & Business Advisory, Mailchimp RSS | | Tagged , , , , , , , , | Leave a comment


You Can – and Should – Harness Digitalization for Your Manufacturing Business

Posted on Thursday, July 19, 2018 by

Companies that have implemented digital processes and tools, or are in the process of doing so, stand to benefit in big ways. Those that have yet to embrace digitalization, meanwhile, are quickly falling behind.

Also posted in CPA & Business Advisory, Mailchimp RSS | | Tagged , , , , , , , | Leave a comment


Industry 4.0 – Understanding the New Manufacturing Paradigm

Posted on Sunday, July 8, 2018 by

Industry 4.0 builds on all previous industrial incarnations by employing new ways in which technology is embedded within products and processes. For manufacturing businesses with the infrastructure, resources and leadership necessary to implement Industry 4.0, the potential benefits are significant.

Also posted in CPA & Business Advisory, Mailchimp RSS | | Tagged , , , , , , , | Leave a comment


Augmented Reality Is Changing Manufacturing for the Better

Posted on Monday, June 4, 2018 by

Manufacturers are increasingly implementing augmented reality (AR) technology to improve their manufacturing processes. And for good reason–AR typically results in cost reductions, increased speed and fewer errors.

Also posted in CPA & Business Advisory, Mailchimp RSS | | Tagged , , , , , | Leave a comment


© Copyright 2019 Skoda Minotti | Privacy Policy | Disclaimer | Remote Support
Cleveland 440-449-6800 | Akron 330-668-1100 | Tampa 813-288-8826
Website designed and developed by Skoda Minotti Strategic Marketing