If your business is actively recruiting, consider certain “target” groups that could qualify for the Work Opportunity Tax Credit (WOTC)Read More
Archive for the ‘Manufacturing & Distribution’ Category
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Turbocharge Tax Deductions with Bonus Depreciation and SEC. 179
Don’t put off until tomorrow what you can do today,” Benjamin Franklin once advised. This timeless wisdom applies in many business scenarios, from taking advantage of growth…Read More
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Recoup Some Capital Investment
Take a look around. If you’ve been building up piles of scrap, excess raw materials, obsolete equipment, returned inventory and spare parts, you probably need an investment…Read More
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8 Steps to a ‘Lean Manufacturing’ Approach
The term “lean manufacturing” means different things to different people. However, it can generally be agreed upon that lean manufacturing represents a management philosophy that emphasizes the…Read More
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Lean Manufacturers: Reap the Benefits of Lean Accounting
Standard cost accounting doesn’t necessarily work for lean operations. Instead, lean accounting offers a simplified reporting alternative that generates more timely, relevant financial data. But it’s not…Read More
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Strengthen Your Weakest Link
Let’s say your company has slashed costs to the bone, boosted productivity and taken market share from competitors. But you still want to see some improvement. It’s time…Read More
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An Energy Audit Can Find Your Plant’s Power Hogs
There are opportunity costs lurking in your electric bill. Performing an energy audit can find your plant’s power hogs, which is the first step in slashing energy costs….Read More
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The Advantages of a Satellite Stocking Program
In many manufacturing plants, a parts room occupies considerable space, uses non-value-added staff and takes employees away from their jobs to get the supplies they need. Typically, if…Read More
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Save Money by Improving Your Purchasing System
Do you ever get an uneasy feeling that your purchasing system is out of whack? Are you concerned that expenditures are being made on your company’s behalf that would…Read More
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Offshoring Relationships: Improve Quality Assurance
In the ever-expanding global economy, nothing about suppliers or distributors can be taken for granted. As illustrated by the numerous high-profile recalls that have occurred, manufacturers outsourcing to…Read More