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. Digitalization is changing the way manufacturing is performed worldwide.

Manufacturing 52

Manufacturing CFO Compliance Forecasting 52

Barry Ritholtz

MAY 5, 2023

These data series always bounce around, confounding forecasters much of the time. Rather than accept the volatility of month-to-month economic datapoints — NFP, Consumer Spending, Manufacturing, Inflation, etc. The problem lies not in the data but in ourselves.

Forecasting 145

Forecasting Economics Manufacturing Numbers 145

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.

Manufacturing 52

Manufacturing Accounting CFO Numbers 52

CFO News Room

DECEMBER 4, 2022

Economists forecast the unemployment rate was steady at 3.7%, and average wage growth slowed to 0.3% Economists expect the Fed’s tighter money policy will ultimately result in negative monthly payroll numbers, but not yet. IT continues to be the leader, and we see accounting and finance is above 2021 numbers. in October.

Forecasting 130

Forecasting Retail Construction Numbers 130

CFO Talks

MARCH 4, 2025

Thats why businesses need rolling forecasts instead of rigid budgets. Instead of setting a financial plan in stone for 12 months and hoping for the best, rolling forecasts allow businesses to update their budgets every few months based on real-time data. Predictive analytics Past sales patterns can help forecast future demand.

Budgeting 52

Budgeting Forecasting Invoicing Sales 52

CFO News Room

FEBRUARY 6, 2022

The forecast unemployment rate was 3.9%, essentially equal to the actual. The number of unemployed persons, at 6.5 As another point of comparison, in February 2020, prior to the outbreak of the COVID-19 pandemic, the unemployment rate was 3.5%, and the number of unemployed persons was 5.7 represented a slight increase of 0.1

Benchmarking 130

Benchmarking Transportation Concentration Numbers 130

PYMNTS

APRIL 9, 2020

Later, they considered the supply-side as well, with the increase in mandates to quarantine and lockdown that forced manufacturing to take a backseat. Many firms are now looking at GDP drops of 30 percent — numbers unfathomable to modern times, CNBC reported. million.

Manufacturing 100

Manufacturing Forecasting Economics Numbers 100

Centage

APRIL 6, 2022

Or, let’s say a manufacturer has a five-year goal to grow from a $20 million to a $50 million company. The plan must identify critical drivers to meet those goals, e.g. unit price, number of units sold, number of salespeople needed to meet that objective, along with marketing investments required to support the sales team and so on.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Planning Forecasting Budgeting 98

Centage

AUGUST 8, 2023

Worse, when your company is ready to migrate to a new financial model, like rolling forecasts and scenario planning , or report on company performance, Excel may hold you back from making the leap to move your company forward. Plus, more team members will need to have input into the numbers that make up a company’s budget.

Budgeting 98

Budgeting Planning Forecasting Financial Modeling 98

Bramasol

MARCH 10, 2023

Virtually all segments of the electronics industry have implemented or are considering subscription-based offerings, including OEM makers of devices and systems, as well as the parts manufacturers and distributors within the electronics industry supply chain. For example, customers may choose from different subscription tiers, discounts, etc.

SAP 90

SAP Manufacturing Compliance Leverage 90

CFO Leadership

APRIL 5, 2023

In fact, in many organizations, HR’s talent game plan swings from industrywide hiring “binges” to job “chops” as external conditions and revenue forecasts dictate. In Taiwan, a worsening technology talent shortage is driving the adoption of automation and advanced manufacturing technologies among semiconductor manufacturers.

Leadership 105

Leadership Manufacturing CFO Construction 105

PYMNTS

JANUARY 6, 2021

The largest manufacturer of ceramic capacitors for Apple and other smartphone makers, Murata Manufacturing Co., These handset makers are competing to grab our supply capacity once taken by Huawei, and I am not sure how much of it is backed up by their actual production forecast,” Murata President Norio Nakajima told Bloomberg.

Manufacturing 75

Manufacturing Forecasting Securities Numbers 75

Nerd's Eye View

JANUARY 3, 2024

The sentiment is especially poignant when it comes to economic forecasting, as it's nearly impossible to get an accurate picture of the current state of the economy at any given moment. While the manufacturing sector (which makes up 'only' 8% of the U.S.

Economics 98

Economics Marketing Forecasting Valuation 98

Centage

JANUARY 17, 2023

Did manufacturing costs increase? Is the sales team struggling to hit their numbers or is it that a large sale that was expected early in Q1 actually coming in closer to H2? Or were the materials for manufacturing available later than expected? Did commission payouts plummet? Was it a salesmanship issue?

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Budgeting Planning Forecasting 98

Musings on Markets

FEBRUARY 8, 2025

In the first five posts, I have looked at the macro numbers that drive global markets, from interest rates to risk premiums, but it is not my preferred habitat. The second set of inputs are prices of risk, in both the equity and debt markets, with the former measured by equity risk premiums , and the latter by default spreads.

Hurdle Rate 75

Hurdle Rate Valuation Corporate Finance Currencies 75

Musings on Markets

SEPTEMBER 5, 2024

In making their earnings judgments and revisions, analysts draw on many sources, including: The company’s history/news : With the standard caveat that the past does not guarantee future results, analysts consider a company’s historical trend lines in forecasting revenues and earnings.

Marketing 136

Marketing Valuation Profit and Loss Forecasting 136

Centage

DECEMBER 21, 2022

You can update your forecasts based on the analysis. By accurately forecasting the impact of a scenario, you can confidently make recommendations to the executive team. What-if planning can be defensive — how will we make our numbers in light of the reduced demand for goods? Update rolling forecasts as required.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Planning Forecasting Budgeting 98

CFO News Room

NOVEMBER 16, 2022

This is the approach that a number of automakers are embracing. Pandemic-induced manufacturing disruptions and parts shortages shrank one automotive company’s supply of its end products to less than half its usual inventory buffer. But it’s becoming increasingly clear that a 100% resilient supply chain is unattainable.

Concentration 130

Concentration Prioritization Investments Planning 130

Centage

SEPTEMBER 5, 2023

In conjunction with your other numbers, your gross profit margin can tell you if your products are profitable enough, if you need to increase sales or if your expenses, like sales costs, are too high. To get this number, subtract your expenses from your revenues to get your net profit. into the calculation.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Benchmarking Budgeting Valuation 98

Global Finance

FEBRUARY 4, 2025

SCF also helps buyers and sellers mitigate the impact of high interest ratesproviding welcome relief from the rising cost of manufacturing goods. Implementing DTSCF can be more complex than traditional SCF due to the increased number of parties involved and the need to track payments across multiple tiers.

Finance 52

Finance Invoicing Banking Manufacturing 52

CFO News Room

FEBRUARY 3, 2023

Some of you believe that I am being far too generous in my forecasts of revenues and profitability for a company that is facing significant competition, as it pursues growth, especially with questions about who’s in charge of the company.

Valuation 130

Valuation Investments Forecasting Numbers 130

CFO News Room

FEBRUARY 6, 2022

Still, the rapid increase in Covid-19 cases has disrupted operations at a number of manufacturers, and some companies continue to experience staffing shortages. That is up from forecasts for 21% growth at the end of September. employers added 467,000 jobs in January, exceeding economists’ expectations. In January, FedEx Corp.

Construction 130

Construction Manufacturing Technology Forecasting 130

Planful

MARCH 16, 2016

This makes it difficult for companies to have confidence in their financial forecasts and models, resulting in a weakened ability to inform business decisions. The cloud also makes it easy to integrate operational and financial data, which increases accuracy and ensures forecasts are aligned with company goals. Advanced Modeling.

Forecasting 40

Forecasting Financial Data Financial Modeling Budgeting 40

Jedox Finance

NOVEMBER 5, 2020

Imagine replacing “stories” with “numbers” in these lines. While everyone understands good stories only some of us understand numbers, so they can never be the common denominator which we use to communicate to our audience. Hence, rather than leading with numbers FP&A must lead with stories to be heard. Does it make sense?

Communication 78

Communication Pharmaceutical Manufacturing Cost Analysis 78

PYMNTS

JANUARY 21, 2020

Separately, The Wall Street Journal reported that a number of CEOs at Davos were sanguine about the trade pact struck between China and the U.S., In one example, at a Nokia factory cited by Suri, productivity increased by 30 percent on the heels of automation. The Economy.

Valuation 52

Valuation Manufacturing Economics Forecasting 52

Global Finance

OCTOBER 8, 2024

In 2022, large numbers of people living in low-income neighborhoods took to the streets over high fuel prices. In 2023, GDP expanded 7%; it is forecast to grow more slowly at 6.5% Case in point is manufacturing. But growing discontent has the small island nation east of Madagascar on edge. this year before moderating to 4.9%

Economics 105

Economics Budgeting Investments Banking 105

Global Finance

OCTOBER 6, 2024

Global economic growth will continue expanding this year and hold steady next year, with some weakness in the United States and China and some rebounding in the euro area, according to global forecasts. Moody’s forecasts global growth slowing to 2.7% in 2024 and 2.5% in 2025, from 3% in 2023. in 2024 and 1.6% in 2025, from 1.8%

Economics 98

Economics Forecasting Treasury Benchmarking 98

The Finance Weekly

FEBRUARY 23, 2022

billion is the first number that came out of the research and this represents the total amount of money lost by manual financial work. The scope of manual work is also quite large and covers categories such as budgets, month-end closes, and forecasts. Breaking down the Math. The average of all of these factors is what produces the $6.1

Financial Planning and Analysis (FP&A) 83

Financial Planning and Analysis (FP&A) Profit and Loss Budgeting Math 83

PYMNTS

JUNE 4, 2019

percent) of commuters had ordered food and picked it up at a drive-thru in the past week, while a slightly lower number (33.4 Manufacturers and merchants have a symbiotic relationship. Most commuters in the Digital Drive report used voice assistants provided by the auto manufacturer (64.9 More than one-third (35.3

Manufacturing 73

Manufacturing Forecasting Startups Sales 73

PYMNTS

FEBRUARY 26, 2020

SSP indicated that both domestic and global air passenger numbers in China were down 90 percent from a year prior. Hong Kong passenger numbers were down approximately 70 percent. Gentiloni said “an assessment and a serious forecast is not yet possible.” percent last quarter and came out ahead of the forecasts of analysts.

Forecasting 60

Forecasting Economics Manufacturing Numbers 60

Michigan CFO

MAY 27, 2025

And more importantly, its about the financial roadblocks many manufacturers dont even realize theyre living withuntil theyre removed. Like many small manufacturers, TK Mold relied on a bookkeeper and a year-end tax accountantbut lacked the forward planning, oversight, and strategic input that a CFO brings. Its about results.

Cash Flow Forecasting 52

Cash Flow Forecasting CFO Manufacturing Leadership 52

PYMNTS

SEPTEMBER 22, 2020

The airline and automotive sectors have faced declining sales amid COVID-19, and steel manufacturers have long encountered strain on their bottom line. A sizable share of the aluminum sold by the Illinois-based firm arrives in the auto sector, a space in which the number of policies has dwindled. Forecasts of a $1.5

Manufacturing 65

Manufacturing Forecasting Leverage Sales 65

PYMNTS

MARCH 23, 2020

Bangladesh Garment Manufacturers and Exporters Association President Rubana Huq said on LinkedIn that up to 1,089 clothing manufacturing facilities have seen orders become canceled, Bloomberg reported. “I trillion throughout the United States, per numbers forecasted by experts, and a recession is expected to occur.

Retail 53

Retail Manufacturing Economics Forecasting 53

PYMNTS

JULY 13, 2020

The numbers are a bad sign for Apple Inc. Phone manufacturers delivered 28 million handsets last month, down from 33 million in June 2019, according to the China Academy of Information and Communications Technology (CAICT), a state-backed think tank, the paper reported. billion remains lukewarm, Reuters reported.

Manufacturing 61

Manufacturing Communication Sales Forecasting 61

The Finance Weekly

JULY 14, 2024

Long range planning extends beyond conventional budgeting, planning, and forecasting processes which usually span a year, and concentrates mainly on financial goals and key initiatives that are 5-10 years or more into the future. That’s exactly how Long-range Planning (LRP) works – not only for individuals but for businesses as well.

Planning 105

Planning Leadership Budgeting Financial Analyst 105

Global Finance

SEPTEMBER 9, 2024

In its Liquidity Survey 2024, the Association for Financial Professionals (AFP) reports that 45% of organizations moved deposits from regional to larger banks in response to the collapse of Silicon Valley Bank, Signature Bank, and First Republic, while 35% spread their deposits among a greater number of institutions to further reduce risk.

Mergers and Acquisitions (M&A) 105

Mergers and Acquisitions (M&A) Treasury Currencies Finance 105

Bramasol

JULY 14, 2022

From an enterprise standpoint, an IDG Market Pulse survey of North American companies with over 1000 employees indicated that, " the mean number of data sources per organization is 400. More than 20 percent of companies surveyed were drawing from 1,000 or more data sources to feed BI and analytics systems."

SAP 84

SAP Compliance Leadership Healthcare 84