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CFO for Manufacturing Companies

Michigan CFO

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.

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When Is It OK to Prioritize Business Growth Over Business Debt?

Planful

While there’s no magic formula to define what’s “healthy” debt, you can answer these questions to decide if your company is ready to prioritize growth over business debt. With worldwide spending on cloud computing forecast to grow by 18% this year, many companies already realize the value of cloud-based technology.

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Three Tips to Increase Profit Margins During Times of Uncertainty

Centage

With more shoppers prioritizing necessities, businesses increasingly have to make adjustments to stay in the black. Sophisticated FP&A software tools like Planning Maestro enable finance teams to automate routine tasks such as manual data entry, accelerating workflows and improving forecasting.

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5 Lessons from Automakers on Navigating Supply Chain Disruptions

CFO News Room

A key principle of the new strategy is ruthless prioritization. New processes and responsibilities for this team include scenario planning, stress testing the supply chain, and facilitating risk-prioritization discussions across all supply chain functions.

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Fall 2021 | M&A Report In The Food and Beverage Industry Sector

Corporate Finance Associates

The market is predicted to grow at a CAGR of about 9.5 % between the forecast period 2021 and 2028. However, higher commodity prices and continuous supply chain disruptions are forcing food and beverage brands, manufacturers, and retailers to develop new strategies to safeguard profits while retaining market share.

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Tips for Success: The Role of Profitability Analysis and Improving Profit Margins

Centage

With more shoppers prioritizing necessities, businesses increasingly have to make adjustments to stay in the black. Sophisticated FP&A software tools like Planning Maestro enable finance teams to automate routine tasks such as manual data entry, accelerating workflows and improving forecasting.

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Behind the digital transformation mindset

Jedox Finance

To discover what will work best for your manufacturing business, there are a few questions that will help shed light on some of the overall aspirations that drive the digitalization mindset as well as a few of the biggest foreseeable challenges that can hinder maximum potential. You need to look at your processes bottom-up.