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    December 2016
           
SECTOR HIGHLIGHT: TRANSPORTATION & LOGISTICS
Dead Storage - the Unknown Profit Killer
By Paru Shah, Alisha Jernack and Sofia Cordero
 
Storing goods or inventory has a monthly cost, which depends solely on how long we expect that product to remain in our warehouse. Handling revenue derived from moving product in or out of the warehouse depends largely on the speed at which we move it. Therefore, the cost of storing a unit of product decreases as the turn rate increases. 
SECTOR HIGHLIGHT: TAX
2016 Tax Planning Guidelines for Individuals & Businesses
By Christina Immelman, John Kostenbauder, Vincent Paolucci, James Wienclaw and Candace Quinn

As prudent at this time of year, taxpayers look for ways to reduce their tax liability either through increased deductions or credits. Additionally, we look to the future opportunities relating to new policies as to be outlined by the incoming President and Republican controlled Congress.  

 
 
Welcome To Our Newsletter!
 
On behalf of the Manufacturing & Distribution (M&D) Practice Group, welcome to the December edition of our quarterly newsletter! This issue focuses on the Transportation & Logistics industry and Tax service line, with additional general-interest articles that affect both individual industries and the entire M&D sector. We have also provided information on several of our current surveys and past and upcoming events and webcasts. As always, we hope that you will find these items interesting and of value.

- Kathryn A. Byrne, Partner, M&D Practice Leader
 
FEATURED ARTICLES
Food & Beverage
Food and Beverage Trends for 2017... Will They Continue?
By Lou Biscotti
Heading into 2017, it’s clear that we can expect to see a continuation of certain trends in the food and beverage industry. The hottest sectors – such as healthy and nutritious foods – are still red hot, despite a reduction in the overall number of deals. According to results from WeiserMazars’ annual Food & Beverage Industry Study, which surveys leaders in the industry across the U.S., M&A activity and multiples for healthy and nutritious food and beverage companies are expected to remain strong. Click here to read article.
 
Consumer Products
The Next Generation of Manufacturing in America
By Shaun Boti
The current landscape in US manufacturing is changing rapidly. US manufacturing has declined over the past few decades, as the industry shifted to more cost-effective alternatives overseas. Click here to read article.
 
U.S. Watch Market Faces New Challenges While Catering to Shifting Demands
By Julie Petit
Following the slowdown in China starting in 2014, many Swiss watchmakers have viewed the U.S. market as a "compensating" eldorado. Has it really been the case? Click here to read article.
Energy & Utilities
IFRIC 12 & Topic 853 - Service Concession Arrangements
By Julie Petit
Accountants dealing with service concession arrangements are quite busy with several changes coming through as a result of new revenue recognition standards coming into effect, and a new exposure draft just published by the U.S. standard setter. While these publications clarify some matters, they raise a few questions. Click here to read article.
 
Update on UN Climate Conference
By Candace Quinn
In November 2016, the United Nations Framework Convention on Climate Change (UNFCC): Conference of the Parties (COP 22) took place in Marrakesh with a focus on implementing the agreed upon provisions of the Paris Agreement. Click here to read article.
 
PAST EVENTS
2016 WeiserMazars NY Food & Beverage Forum
October 25, 2016
The Harmonie Club – New York, NY

WeiserMazars hosted an evening of C-level networking and an insightful panel discussion moderated by Lou Biscotti, Partner, Global and National Food and Beverage Practice Leader, WeiserMazars LLP. Presenters included top food and beverage industry experts, Michael Bohlsen, CEO, Bohlsen Restaurant Group and Michael Lessing, COO, Lessings, Inc.
 
NJBiz- Food BizNJ
November 2, 2016
1714 Easton Ave – Somerset, NJ
We recently sponsored FoodBizNJ: a day of education and networking designed to benefit New Jersey state business owners/operators in the food and beverage industries. NJBIZ brings together buyers and sellers in this business to business environment aimed to stimulate revenue opportunities, educate and inspire.
 
Citizen’s Bank Annual Food & Beverage Forum: Corporate Growth and Exit Strategies
November 9, 2016
Vanderbilt Suites-MetLife Building – New York, NY
Over the course of the evening, attendees had the opportunity to hear firsthand accounts of growth and exit strategies from our industry experts, as well as had a chance to connect with industry peers and the Citizens team.
2016 WeiserMazars PA Food & Beverage Forum
November 16, 2016
Pen Ryn Estate-Belle Voir Manor – Bensalem, PA
WeiserMazars hosted an evening of C-level networking and an insightful panel discussion moderated by John Longstreet, President and CEO of the Pennsylvania Restaurant and Lodging Association. Top food and beverage industry experts including Bill Covaleski, Founder and Brewmaster of Victory Brewing Company, and Dan DiZio, CEO and Co-Founder of Philly Pretzel Factory presented.
 
PAST WEBCASTS
Revenue Recognition Changes for the Water Industry
September 8, 2016
Speakers: Brian Jones, Senior Manager, WeiserMazars LLP and Julie Petit, Senior Manager, WeiserMazars LLP. Click here to watch this webcast.
 
IFRS 15 - The New Revenue Recognition Standard
September 29, 2016
Speakers: Julie Petit, Senior Manager, WeiserMazars LLP and Antoine Leroy, Manager, WeiserMazars LLP. Click here to watch this webcast.
 
 
 
Revenue Recognition Changes for the Manufacturing & Distribution Industry
November 21, 2016
Speakers: Michael Rofman, Partner, WeiserMazars LLP and David Rim, Manager, WeiserMazars LLP. Click here to watch this webcast.
 
FEATURED SURVEYS
2016 Commercial Aerospace Study Insight for Suppliers
WeiserMazars is proud to present our 2016 Commercial Aerospace Study Insight for Suppliers, “Supplier of the Fittest: How to Manage Significant Increases in Production Effectively.” Our commercial aerospace publication leverages survey responses gathered from aerospace suppliers based in Europe and North America to provide critical industry insights relating to risks and strategies, globalization, financing, and technology and innovation. Click here to read the full survey results report.
WeiserMazars Water Industry Outlook Survey for 2016 - 2017
We will soon be launching our 4th annual WeiserMazars Water Industry Outlook Survey for 2016 - 2017. To view a copy of our previous Water Industry Outlooks, visit: http://weisermazars.com/industries/water
5th Annual WeiserMazars Food & Beverage Survey
Keep an eye out for the 5th Annual WeiserMazars Food & Beverage Industry Study. We made some changes this year and are looking forward to seeing what our participants have to say!  The survey is set to launch in January – stay tuned for more details. Click here to view a copy of our previous Food & Beverage Industry Study Results Report.
 
WEBCASTS
ARCHIVED ARTICLES
UPCOMING EVENTS
OUR SERVICES
WeiserMazars LLP | 135 West 50th Street | New York, New York 10020 | 212-812-7000
 
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