Your vision of success as a manufacturer or distributor assumes your company is structured to adapt and grow in a high-pressure trade environment. The speed at which economic and regulatory change can impact your supply chain, productivity, capital sources, and tax liabilities requires that you remain vigilant and proactive. CohnReznick focuses forward – finding ways to build resilience into your operations and enhance your competitive position.
SECTOR EXPERTISEOur coverage of mid-size to Fortune 500 public and private manufacturers and distributors includes:
- Aerospace and defense
- Fabricated metals
- Food and beverage
- Plastics and rubber
- Primary metals
- Natural Resource exploration and production
INDUSTRY REPUTATIONCohnReznick is recognized for promoting stringent adherence to operational and regulatory standards. We continuously foster working relationships with the banking and legal communities in order to advocate for the industry.
Industry participants, the media, and the investment community seek our expert viewpoint. We regularly deliver thought leadership at industry events and participate in the ongoing dialogue across national and regional industry associations that include:
- Association of Food Industries
- American Chemistry Council
- Association for Corporate Growth
- Commerce and Industry Association of New Jersey
- Connecticut Business and Industry Association
- Connecticut Tool and Machine Association
- National Association of Manufacturers
- National Association of Wholesale Distributors
- New Jersey Business and Industry Association
- New Jersey Food Processors Association
- Smaller Manufacturers Association
- Virginia Manufacturers Association
A unique offering of specialized accounting, tax, and advisory capabilities has been designed based on our long track record with manufacturers and distributors. Your requirements may include:
BUDGETING AND CASH FLOW PROJECTIONS
We use precise, forward-looking models and hypothetical scenarios to inform financial strategies — whether you’re on the offense or defense.
BUSINESS PROCESS IMPROVEMENT
We help you implement cloud-based technology systems designed to increase efficiency, reduce costs, and minimize business risk. Our customized management dashboards improve decision-making by identifying and monitoring key performance indicators.
Our in-field and technical evaluation of current control methods exposes gaps and weaknesses in your procedures and finds points of shrinkage. With this intelligence, we recommend solutions that mitigate loss drivers.
SUPPLY CHAIN MANAGEMENT
Our team analyzes the full spectrum of trade and transition points from supplier contracts through delivery to look for inefficiencies, excessive cost-drivers, and poor performance in order to optimize end-to-end improvements.
Industry-Specific Accounting Support
We provide a range of customized accounting support services specific to the industries within the manufacturing and natural resource sector. For example, we help oil and gas companies disclose reserves, audit authorizations for expenditures (AFEs) and support joint interest arrangements.
The private company deadline for implementing the new lease accounting standard is rapidly approaching. There are significant advantages to working with a firm having practical, proven experience in advising and assisting organizations in their efforts toward transitioning to Topic 842. Our team can advise and assist on all aspects of the new lease accounting standard, including implementation. Our detailed plan will focus on potential challenges and risks along the way.
Now is the time to start building your qualifications and capabilities to maximize your potential to be awarded work on infrastructure projects. We can help you identify and understand likely government award criteria and make the operational changes necessary to strengthen your bids.