Top 10 Manufacturing Countries in the World

GlobalUpside

Manufacturing is a critical component for many product-focused businesses around the world. This list of the top 10 manufacturing countries in the world will give you an idea of where other companies outsource their production needs. Top 10 Manufacturing Countries in the World .

Legal Protections for Franchise Dealers Against Direct Manufacturer Sales

RogerRossmeisl

The post Legal Protections for Franchise Dealers Against Direct Manufacturer Sales appeared first on Roger Rossmeisl, CPA. Automotive Automobile Dealership CPA Firm automotive cpa Direct Manufacturer Sales Direct-to-consumer sales model OEMs

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Preventing Ransomware Attacks on Manufacturers

RogerRossmeisl

If it seems like cybercriminals often target manufacturing (including food processing) and distribution companies, that’s because they do. According to software company Varonis, manufacturers account for nearly a quarter of all ransomware attacks — more than any other industry.

Sales Tax Obligations for Manufacturers and Wholesalers, Part 1: Resale Certificates and Exemptions

TaxConnex

Many manufacturers, wholesalers, and distributors believe they have minimal sales tax obligations due to the likelihood of sales tax-exempt transactions. Businesses don’t always fit into a “box” as being only a manufacturer, or only a distributor. Manufacturers.

US Manufacturing Shows Signs Of Improvement

PYMNTS

manufacturing sector increased in viability in June by 7.3 Numbers for the manufacturing sector had been at a low during March and April as the pandemic first hit and rendered much of daily life inoperable as the country tried to combat the virus. The U.S.

Pitfalls of Sales Tax for the Manufacturing Industry

TaxConnex

Manufacturing” for sales tax purposes is often d efined as a physical application of materials and labor to change the characteristics of tangible personal property. Examples might include gases or chemicals used to change the physical nature of tangible property during manufacturing.

Live from Sage Transform 2022 – Sage Intacct Manufacturing

Intuitive Accountant

Murph is offering a first look at Sage Intacct’s new Manufacturing offering

Alibaba Gets Into The Garment Manufacturing Business

PYMNTS

As most companies rush to grow their online presence, Alibaba is actively seeking to expand its offline footprint through its new manufacturing division, Xunxi. International alibaba china ecommerce international manufacturing News Retail What's Hot Xunxi

Sales Tax Obligations for Manufacturers and Wholesalers, Part 2: Monitoring Nexus Thresholds on Sales From Your Own Website

TaxConnex

Wholesalers and manufacturers/distributors have some big advantages regarding sales tax compliance – but they can also have hidden obligations.

Employee Retention Credit Provides Benefits for Manufacturing Employers

KROST

This is a preview of one of the articles in the new KROST Quarterly Manufacturing Issue , titled “Employee Retention Credit (ERC) Provides Benefits for Manufacturing Employers ” by Jim Estrella, CPA, MSA. Learn more about KROST’s Manufacturing Industry Services ».

Relief Comes in the Form of R&D Tax Credits for Manufacturing Companies

KROST

This is one of the article in the KROST Quarterly Manufacturing Issue , titled “Relief Comes in the Form of R&D Tax Credits for Manufacturing Companies” by Guest Contributor, Michael Maroney. Read the full Manufacturing Issue ».

Would job costing or process costing be used for gummy bears produced at the US Haribo manufacturing plant?

Wendy Tietz

Haribo has manufactured gummy bears since 1920. Ch 05 Process Costing Managerial accounting direct materials job costing managerial accounting; manufacturing overhead cost process costing teaching accountingThose bears are currently made in 16 plants around the world.

2020 Indiana Manufacturing Survey: COVID-19 Special Edition

Katz,Sapper&Miller

In a year of unpredictable outcomes and business projections, the manufacturing industry took a hit early in the COVID-19 pandemic but is bouncing back to end the year strong

Governor Murphy Announces a New Grant Program To Support Manufacturers

Withum

Governor Murphy announced the development of a pilot program to give New Jersey manufacturers grants to purchase equipment necessary to improve their business operations on October 17, 2022.

Semiconductor (Microchips) Manufacturing Reshored to USA 

Withum

The Chips and Science Act, signed into law on August 9 by President Biden, contains $52 billion in subsidies and tax credits for global chip manufacturers to expand their footprint in the USA. [1]. United States manufacturing employment decreased 33% from 1985 to 2014.

Manufacturers Loosen Budgets To Make Tech Upgrades

PYMNTS

The COVID-19 pandemic may have brought manufacturing to a halt, but that hasn’t stopped these same companies from investing in software upgrades and technology initiatives to stay competitive. manufacturers dropped in May to its lowest level since May 2009.

Manufacturing Companies Beware: CCPA May Impact Your Business

KROST

This is a preview of one of the articles in the new KROST Quarterly Manufacturing Issue , titled “Manufacturing Companies Beware: CCPA May Impact Your Business” by Keith Hamasaki, CPA. However, with advances in technology, manufacturing companies may inadvertently hold personal data.

Navigate the Complex Issues in Manufacturing & Distribution with KROST’s Industry Experts

KROST

KROST has extensive experience in the manufacturing and distribution industry. Manufacturing and distribution clients rely on our suite of services, specifically catered to their needs. Gregory Kniss and Keith Hamasaki lead the manufacturing and distribution industry group.

Jim Hannan Named ROI-NJ Influencer for Manufacturing in 2022

Withum

Withum is proud to share that Jim Hannan , Partner and Practice Leader for Manufacturing, Distribution & Logistics , was recognized by ROI-NJ as a top influencer for 2022. The post Jim Hannan Named ROI-NJ Influencer for Manufacturing in 2022 appeared first on Withum.

MSTS Teams With GenAlpha For Manufacturing B2B Payments

PYMNTS

The ability to create loyalty via frictionless eCommerce has taken on higher importance as manufacturing firms need to adapt quicker to digital channels because of the pandemic, according to a Monday (Sept. B2B Payments B2B Equip GenAlpha manufacturing MSTS News partnerships What's Hot In B2

ISM: Manufacturing Back On The Rise After Sharp Downturn

PYMNTS

manufacturing sector continued its post-pandemic rebound in June, hitting its highest levels in more than a year in a bright spot amid growing unease over resurging coronavirus case numbers, a new survey finds. Fiore, chair of the ISM ’s Manufacturing Business Survey Committee.

Rockwell Automation Takeover Targets Cybersecurity In Manufacturing

PYMNTS

Rockwell services the manufacturing industry, which is getting more digital and connected as legacy security measures continue to fall short when it comes to protecting operations.

Changes to Manufacturing Lease Accounting

Katz,Sapper&Miller

Most manufacturers, wholesalers, and distributors lease operating facilities or equipment, whether from a third party or a related party.

“2020 Indiana Manufacturing Survey: COVID-19 Special Edition” Now Underway

Katz,Sapper&Miller

Katz, Sapper & Miller’s annual survey assessing the state of Indiana’s manufacturing industry is now underway. This year’s study is of particular importance as the manufacturing industry looks for strategies and tactics to survive the COVID-19 pandemic

Manufacturers' Buyers Dive Into The Self-Service Opportunity

PYMNTS

Despite efforts to achieve the B2C-like buying experience, B2B manufacturers have a long way to go before they can offer such capabilities, even as they move online. What CPQ allows is for the online buyer to configure a manufacturer's product to their unique specifications.

10 Things Manufacturers Can Do About Supply Chain Disruptions

LSLCPAs

The post 10 Things Manufacturers Can Do About Supply Chain Disruptions appeared first on LSL CPAs. Manufacturing News Supply chain disruptionsYou’ve seen the ships off the Ports of Los Angeles and Long Beach, stretching for miles.

Deep Dive: How Manufacturers Are Transitioning To Counter PPE Shortages

PYMNTS

PPE shortages have been severe, with governments vying for items their healthcare workers need amid disrupted manufacturing and supply chains. companies are hearing this call and revising their manufacturing approaches to bolster supplies of these essential items.

What Manufacturers Need to Know about “Zero Waste”

Withum

Manufacturers provide us with the tools needed to live out our daily lives — from the floors under our feet to the computers we use to stay connected — and as the economy grows, so does the demand for goods. Manufacturing, Distribution and Logistics Services.

US Manufacturing At 11-Year Low, But Bright Signs Emerge

PYMNTS

The nation’s manufacturing sector fell to its lowest level in 11 years in May, but other indicators suggest the worst impacts of the COVID-19 pandemic could be over, according to new data from the Institute for Supply Management (ISM).

India To Offer $6.6 Billion To Attract Smartphone Manufacturers

PYMNTS

India, looking to attract more global investments in the manufacture of mobile phones, is offering financial incentives and a wealth of plug-and-play facilities, Bloomberg reports. Mobile economy Editors' Picks india manufacturing Narendra Modi News pandemic Smartphones trade war What's Hot

APIs Ready Manufacturers For The B2B eCommerce Of Tomorrow

PYMNTS

For the manufacturing space, that’s a tall order, considering the widespread reliance on the status quo, according to Znode CEO Rupesh Agrawal. “Many manufacturers and distributors have been doing business the same way for many, many years,” Agrawal recently told PYMNTS.

Curing The $2.4T Manufacturing Sector’s Cash-Flow Crunch

PYMNTS

manufacturing sector, valued at approximately $2.4 manufacturing has encountered significant damage recently over the ongoing trade war with China. Smooth cash-flow operations will be essential for manufacturers to successfully navigate a challenging economic period. The U.S.

Study: Automation Will Hurt Manufacturing-Heavy Midwest

PYMNTS

Manufacturing-heavy states in the Midwest will be hit hardest by the rise of artificial intelligence (AI) and automation for lower-skilled jobs, according to a new study by Brookings Institution researchers. Wisconsin, Iowa and Ohio, which are heavy manufacturing states, will be the hardest hit. Economy AI automation economy jobs manufacturing Midwest News Skilled Workers What's Hot

Suppliers Struggle To Keep Up With Manufacturing Snap Back

PYMNTS

Some orders that would've taken a week or two to get done last summer are now taking around six to eight weeks, manufacturers say, as they wait longer for essential supplies. In October, PYMNTS wrote that there's been a re-shoring of manufacturing to U.S. With the U.S.

Manufacturing Boosts US Economy As Durable Goods Orders Rise Again 

PYMNTS

New orders for manufactured durable goods rose $3 billion last month, to a total of $248 billion, the U.S. It also continues a trend of increases over the past six months that have seen the once-beleaguered manufacturing sector help buoy the U.S.

Digital Manufacturing Platform Carbon Raises $260M

PYMNTS

Carbon, a digital manufacturing platform, has raised more than $260 million in a funding round led by Baillie Gifford and Madrone Capital Partners, according to a release by the company. The ADF will enable Carbon’s engineering teams to improve Carbon’s platform and workflows in scaled-up manufacturing environments to better support its customers and partners,” the company said. Investments carbon digital manufacturing funding investing News What's Hot

Countries That Rely On Exports, Manufacturing Faring Better In Pandemic

PYMNTS

Companies that manufacture products are weathering the pandemic more easily than companies that sell services or experiences, The Wall Street Journal reported. Louis data indicating that, to the extent a graphic without fine details can be cited, the country has lost about five times as many "leisure and hospitality" jobs as "manufacturing" jobs since the pandemic set in.

10 Steps for Selecting a Manufacturing ERP System

Withum

A good Enterprise Resource Planning (ERP) project like selecting a manufacturing ERP system involves an IT team, and maybe even external consultants. There’s no “Y” in Manufacturing – so “Why” an ERP? The post 10 Steps for Selecting a Manufacturing ERP System appeared first on Withum.

Study Unveils US Manufacturer Digitization Progress Report

PYMNTS

As one of the largest and perhaps most impacted areas, manufacturing has wrestled with implementing digitization. On behalf of Siemens , London-based Longitude Research conducted a survey of 200 manufacturing executives to help determine where the U.S. manufacturing industry currently is with regards to digitization, including data intensity, connectivity, adaptability, integration, security and people.

Manufacturing Slowdown Could Reveal Deeper Issues Among SMBs

PYMNTS

manufacturing sector, according to the National Association of Manufacturers. So when small business confidence takes a turn for the worse, the manufacturing sector is particularly impacted. Now, new data suggests that a slowdown in the nation’s manufacturing sector is likely contributing to that drop in optimism. “But, eventually, the weakness spreads from manufacturing to the services side of the economy, triggering a more general economic slowdown.”

Gov’t: US Manufacturing Spend Dips As US Consumer Spending Rises

PYMNTS

According to data and surveys by the government, there existed a schism between slightly depressed manufacturing numbers and consumer spending, which was up in January. Economy Boeing china Consumer Spending Coronavirus economy manufacturing News Retail trade U.S

Mergers and Acquisitions in Manufacturing: Insights and 2021 Outlook

Withum

Articles

Direct To Consumer: Impact On Retail Manufacturing Industry

PYMNTS

To say direct-to-consumer retail practices have had an impact on the manufacturing industry would be an understatement. Outside of brick-and-mortar stores being on the receiving end of some crucial direct-to-consumer blows, one area that’s seen a major transformation is behind the scenes with the retail manufacturing industry. Retail manufacturers have received pressure from partners to make and ship products at a much faster rate than at any time in the past.