Manufacturing

Cash flow forecast can help you weather rainy days
Most business owners learn very quickly that there is a big difference between profit and cash flow. This lesson is so important that a failure to grasp its business significance may lead to a failure of the business itself. First, it is important to be clear about what the term “cash” means. (7/21/2008)

Warehouse Management Systems: Better customer service and money savings
Warehouse management has become essential for manufacturing and distribution companies. Automated warehouse management systems (WMS) can help you provide better customer service while driving down the cost of maintaining your warehouses. Plus, with today’s technologies, warehouse management is affordable for businesses with as few as five employees. (7/7/2008)

Foreign trade zones can help companies with cash flow
Foreign trade zones offer companies located within their borders the ability to defer, reduce or even eliminate U.S. Customs duties on products admitted to the zone. Foreign trade zones are considered to be outside of U.S. Customs territory. Under FTZ procedures, foreign and domestic merchandise may be admitted into these zones for operations such as storage, exhibition, assembly, manufacturing and processing without being subject to formal customs entry procedures, the payment of duties or the payment of federal excise taxes. (6/23/2008)