Much has been written about the decline of domestic manufacturing; however, the U.S. remains the dominant leader in the industry worldwide. At the forefront of technological advances, U.S. manufacturers have increased productivity levels, outpacing foreign competitors. Yet, facing stiff foreign competition and liquidity issues caused by the past recession, they’re looking to exploit global opportunities while continuing to gain efficiencies from innovation in production processes and supply chain management.
Distributors are facing a marketplace where customers expect higher levels of service at lower costs. Distributors’ own rising costs have accelerated industry consolidation as smaller companies join forces to achieve greater economies of scale in order to compete. In this environment, profitability depends largely on successful inventory management, technology, sales, and marketing that ultimately differentiate successful distributors from their competitors.
With a history of service spanning over a century, BDO’s Manufacturing & Distribution practice combines accounting, tax and business advisory experience with industry prowess to help you address your challenges and capitalize on your opportunities. We serve companies across the spectrum of the industry from apparel, food processors, transportation equipment, chemical, plastics, and machinery to fabricated metals and electronic equipment.
Whether you’re looking to leverage international operations, reduce labor and production costs, grow through acquisition or optimize inventory management systems and controls, BDO stands ready with proactive information and guidance wherever in the world you do business. In addition, through the BDO Seidman Alliance Business Resource Network, we provide access to our network of professionals with backgrounds as industrial engineers, plant managers, CFOs, controllers and information system managers who are well-versed in lean manufacturing, Six Sigma, ERP systems, process improvements and industry best practices.
