- Next Generation Manufacturing Services
- Systemic Continuous Improvement
- Customer Focused Innovation
- Sustainable Products & Process Development
- Advanced Talent Management
- Global Engagement
- Extended Enterprise Management
- Customer Successes
- Advanced Talent Management
- Customer Focused Innovation
- Extended Enterprise Management
- Global Engagement
- Sustainable Products and Process Development
- Systemic Continuous Improvement
- Sadoff & Rudoy Scraps Waste
- Centerline Machine: Lean = Triple-digit growth
- Dalco Metals: Lean Office Cuts Processing Time 50%
- Design Specialties, Inc.: Lean Reduces Inventory by 80%
- GenMet Revs Up Sales with Lean
- Gusmer Enterprises: Reduces Setup Time by 70%
- Marsh Electronics Surges with EBT
- Bachhuber's Strategic Planning Reveals Profit
- Berntsen Reaches Summit with Strategic Planning
- Events & Workshops
- Resources
- Research & Reports
Integrated Cost Management
Control operations spending by reducing expenses for tax, freight, supply chain logistics telecom and other enterprise functions
Gross and net profits only tell a fraction of the story. One of the most important functions of a small business leader is to manage the financial health of the company by seeing a clear picture of the many elements that affect cash flow. Most companies have significant hidden costs in their business operations, including R&D, product development, engineering, manufacturing processes, transportation, supply chain management, employee benefits management, customer service/support and most back office functions. Added together, these hidden costs can easily account for 15 to 30 percent of your total business expenses.
Delivered by transactional service providers, the suite includes:
- Tax Optimization Most businesses look at obvious ways to reduce costs and eliminate waste. However, tax optimization can be a powerful method to squeeze cash out of operations and obtain tax credits. All businesses need more cash. It’s not easy to produce more working capital from a well-run business. However, by applying Tax Optimization methods to accounting, businesses can recover additional funds from existing operations and may also obtain new tax credits.
Source Corp Cost Segregation Info Sheet
Source Corp Commercial Building Tax Deduction Info Sheet
Source Corp LIFO Consulting Services Info Sheet
Source Corp R&D Tax Credit Info Sheet - Freight/Logistics Optimization An analysis of the average midsize company’s invoices can reveal that most expenditures on shipping/receiving can be reduced by at least 10%! With Freight/Logistics Optimization, manufacturers can reduce these costs with no initial cash outlay.
View Freight/Logistics Optimization Info Sheet - Telecom Auditing Reduce and manage expenses related to Telecom and data carrier fees. Due to excessive mergers, acquisitions and inaccurate billing systems, Telecom invoices are often erroneous. Many companies simply pay the invoice rather than taking the time to check for accuracy and potential savings. WMEP can help manage these costs, with no up-front expenditure.