CFO Dive

APRIL 4, 2023

Turmoil in the banking system may lead to a tightening in credit, weaker manufacturing and reduced hiring.

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Manufacturing Banking 253

CFO Dive

JANUARY 11, 2024

The German vehicle manufacturer appointed Eva Scherer about five months after the company’s previous finance chief died of complications from a wasp sting.

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CFO Manufacturing Finance 279

Michigan CFO

SEPTEMBER 29, 2021

In the world of manufacturing, where processes run thick and bottlenecks are known to arise, CFO services play a critical role in helping organizations steer towards efficiency, profitability, and longevity. The Evolving CFO Role in a Manufacturing Company. Using CFO Services to Overcome Challenges in Manufacturing.

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Manufacturing CFO Compliance Forecasting 52

CFO News

APRIL 2, 2024

The HSBC India Manufacturing PMI Report suggest optimistic signs and potential roadblocks for India's manufacturing boom. India's Purchasing Managers' Index (PMI) skyrockets to a 16-year-high, reflecting surging production, sales, and stockpiling, a recent report said.

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Manufacturing Sales Marketing 111

CFO Dive

SEPTEMBER 14, 2022

Deepak Ahuja, a CFO whose resume includes Verily Life Sciences and Tesla, will become the first chief business and financial officer for the drone delivery manufacturer as it consolidates plans to globally scale.

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CFO Manufacturing Planning 147

CFO News Room

JANUARY 4, 2023

The Institute for Supply Management’s Manufacturing Purchasing Managers’ Index fell to 48.4 The survey suggests the manufacturing sector contracted in December (see the first chart). manufacturing sector again contracted, with the Manufacturing PMI at its lowest level since the coronavirus pandemic recovery began.

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Manufacturing Economics Transportation Investments 130

CFO Dive

MARCH 1, 2024

Yelp’s James Miln is joining the manufacturing marketplace provider as a spotlight continues to shine on AI-powered services and offerings.

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CFO Manufacturing 278

CFO News Room

DECEMBER 15, 2022

Manufacturing output – about 74 percent of total output – posted a 0.6 From a year ago, manufacturing output is up 1.4 Manufacturing utilization fell to 78.9 Utilization may be plateauing near the long-term (1972 through 2021) average of 79.6 percent but remains well below the highs of the 1970s when it was above 88 percent.

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Manufacturing Economics Investments Accounting 130

CFO Dive

NOVEMBER 7, 2022

The ammunition manufacturer will increase the size of its board and end its investigation into the previously suspended executives under the terms of a settlement.

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CFO Manufacturing 264

CFO News Room

NOVEMBER 1, 2022

The Institute for Supply Management’s Manufacturing Purchasing Managers’ Index fell to 50.2 Still, the level is down sharply from the March 2021 peak, suggesting the manufacturing sector was essentially unchanged for the month (see the first chart). percent in October, slightly above the neutral 50 level.

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Manufacturing Economics Investments Marketing 130

CFO Dive

DECEMBER 19, 2023

Snarled supply chains led many companies to shift production closer to consumers. Such strategies can have unintended consequences.

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Manufacturing 290

Michigan CFO

DECEMBER 28, 2022

Manufacturing business valuation is an important process that defines the value of a given manufacturing company. Having an accurate idea of that value is essential for ownership, partners, and third parties to make appropriate decisions about financing, investing in, and buying or selling a manufacturing business.

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Valuation Manufacturing CFO Finance 52

CFO News Room

NOVEMBER 16, 2022

Manufacturing output – about 74 percent of total output – posted a 0.1 From a year ago, manufacturing output is up 2.4 Manufacturing utilization was unchanged at 79.5 Overall, industrial output fell in October while manufacturing output rose on a gain in motor vehicle production; many other areas were weak.

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Manufacturing Economics Investments Accounting 130

CFO News

JANUARY 2, 2024

India's manufacturing sector sustained growth at 54.9 in December, an 18-month low. Despite this dip, softer increases in orders, controlled inflation and stable employment showcase resilience. Optimistic outlook prevails for the future.

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Manufacturing 134

Future CFO

DECEMBER 3, 2023

“The manufacturing landscape is changing. 61% of manufacturers are heavily embracing automation. 49% of self-described modern manufacturers are employing AI. 61% of manufacturers are heavily embracing automation. 49% of self-described modern manufacturers are employing AI.

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Manufacturing Benchmarking Prioritization Budgeting 52

Future CFO

DECEMBER 3, 2023

The IDC InfoBrief, The Evolving Role of the CFO in 2023 , revealed that more than 80% of manufacturing and distribution organisations surveyed agreed that today’s economic uncertainty has "significantly" elevated the importance of the CFO in driving strategy and technology optimization initiatives.

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CFO Manufacturing Economics Finance 52

Future CFO

NOVEMBER 15, 2023

a Southeast Asian integrated car e-Commerce platform, announced recently its appointment of Miguel Fernandez as its group CFO. Before joining Carsome, Fernandez was the group CFO at Maya, a KKR and Tencent-backed fintech in the Philippines. The post Carsome announces new CFO appeared first on FutureCFO. Carsome Group Inc.,

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CFO Leadership Manufacturing 52

CFO Share

JANUARY 31, 2024

What is a fractional CFO? A fractional CFO is a part-time CFO for small companies. Thanks to cloud-based bookkeeping , fractional CFOs have recently become accessible to even the smallest companies. Why would I hire fractional CFO services? Why would I hire fractional CFO services? The team behind your CFO.

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CFO Forecasting Budgeting Construction 52

CFO Selections

AUGUST 11, 2022

Manufacturing CFOs are a unique breed. These financial leaders must not only encompass the typical traits of highly successful CFOs but also thrive in a quickly changing environment. The fast-paced, innovation-centric nature of manufacturing requires a distinct skillset from its leadership.

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Manufacturing Leadership CFO 52

CFO News Room

FEBRUARY 6, 2022

Also, a design-led manufacturing scheme for building an ecosystem for 5G will be launched, the outlay for which might be allocated from the existing production linked scheme (PLI) for telecom equipment. Globally, 200 telcos in 78 countries have already launched commercial 5G services.

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Manufacturing Communication Budgeting Finance 130

CFO Simplified

JUNE 23, 2022

It’s not unusual in a small company for the accounting manager to become the controller and then become the CFO. Let’s look at these two roles: CFO vs. Controller: What’s the difference? At the basic level, a controller is tactical, whereas a CFO is strategic. What is a CFO? appeared first on CFO Simplified.

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CFO Cash Flow Forecasting Accounts Payable Forecasting 96

CFO News

APRIL 1, 2024

Economists are optimistic about India's economy, forecasting a 7% growth in FY25 driven by improved manufacturing, farm activity, and robust urban demand. Some expect growth to reach 7.8%, emphasizing the need for meaningful job creation.

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Manufacturing Forecasting 52

CFO Thought Leader

MARCH 17, 2024

In the world of finance, where leadership roles await those who distinguish themselves along a select number of familiar paths, Aaron Alt’s journey to becoming a CFO stands out for its breadth and depth, transcending conventional boundaries. We drive a lot of sales, more than $200 billion in revenue. We also provide healthcare services.

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CFO Healthcare Leadership Pharmaceutical 52

Michigan CFO

AUGUST 1, 2021

Manufacturing accounting differs greatly from accounting in other industries. Regardless of what your company manufactures, one of your objectives is to increase your revenue. The only way that happens is through an in-depth, dynamic understanding of your costs, the state of your inventory and your manufacturing overheads.

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Manufacturing Accounting CFO Forecasting 52

CFO News

APRIL 11, 2024

India is reviewing its trade pact with Asean to address anomalies like the inverted duty structure disadvantaging local manufacturers. Measures such as production-linked incentive schemes, import tariffs, and import monitoring are in place to tackle the trade deficit.

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Manufacturing 52

CFO Dive

JANUARY 18, 2023

The Fed’s fight against inflation, while showing some recent signs of success, may dim prospects for economic growth.

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Manufacturing Sales Retail Economics 279

CFO Selections

SEPTEMBER 9, 2022

According to CFO Dive, next year US employers are planning the highest pay raises in 15 years. So, how much will manufacturers increase wages next year? However, with national wages expected to rise by an average of 4.1%, these pay raises still would not offset the recent drop in real earnings due to rising inflation.

Manufacturing 52

Manufacturing CFO Planning Marketing 52

CFO Selections

SEPTEMBER 20, 2022

Without products to sell a manufacturer cannot exist. As the head of finance, the CFO should spearhead these efforts. But without products that sell profitably , it will not stay in business. This is where product development and finance intersect.

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Manufacturing Finance Leadership CFO 52

Future CFO

JANUARY 1, 2024

The study, which asked 200 manufacturing and distribution organisations with revenues between US$100 million and US$1 billion, revealed that more than 80% of the respondents believe today's economic uncertainty has significantly elevated the importance of the CFO in bringing in strategies and technology optimisation initiatives.

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Financial Planning and Analysis (FP&A) CFO Accounts Payable Manufacturing 52

CFO News

MARCH 5, 2024

CXOs from the industrial and manufacturing sector dominate the million-dollar compensation club, followed by financial services, automotive, and pharma sectors. Talent gaps, compensation structures, and the distribution of large companies impact high earners.

Manufacturing 52

Manufacturing Banking 52

Future CFO

AUGUST 8, 2023

Over the past few years, customer and market trends had been affected by global disruptions causing manufacturers to reconsider their approach to success and to maximise ROI. These factors have driven change and have created the need for manufacturing companies to transform their operations to stay aligned with their markets.

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Manufacturing Marketing 52

Global Finance

JULY 10, 2023

Gabriele Galli is chief financial officer (CFO) of Amplifon, an Italian hearing-care company that operates in 25 countries. Galli has held his current position since March 2017, following nearly 13 years as CFO of motorbike and scooter manufacturer Piaggio. In 2022, the company generated revenue of €2.1

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CFO Manufacturing Finance 58

CFO Thought Leader

MARCH 12, 2024

Such was his destiny, though, as after a 5-year stint with the investment bank in London and New York he began to fill in his itinerary with positions in both the automotive and alcohol industries—most recently, as the CFO at DRINKS, a company at the forefront of e-commerce solutions in the beverage alcohol space.

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CFO Finance Retail Leadership 52

CFO Simplified

MAY 15, 2022

Is Your Business Ready for a Part-Time CFO? At CFO Simplified, President Larry Chester is frequently asked one question by his clients and prospects: “How do you know when it’s time to hire a CFO?”. Larry believes there are two reasons why a business owner should look at hiring a CFO. Here’s what they are.

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CFO Strategic Planning Business Analytics Manufacturing 97

Future CFO

SEPTEMBER 24, 2023

Manish Modani , CFO at RDC Concrete (India) , discusses what fuels the newfound appreciation for financial expertise hence the observed evolution to the CFO role. Over the past few decades, the role of the CFO has undergone a remarkable transformation.

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CFO Manufacturing Accounting Standards Compliance 52

CFO Selections

JULY 12, 2023

In a manufacturing context. Key Performance Indicators (KPIs) help measure the performance and effectiveness of different areas within a company. KPIs are very specific to each industry and company. The best KPIs will depend on the company's specific goals and objectives. Here are some widely used KPIs:

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Manufacturing 52

CFO News Room

FEBRUARY 4, 2022

The government wants new domestic companies to set up their manufacturing units in India fast and hence the concessional tax rate of 15 per cent has been extended by a year till March 2024, Revenue Secretary Tarun Bajaj said on Friday. Companies opting for these new tax rates will have to forego all exemptions and incentives.

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Manufacturing Budgeting Education Economics 130