Tag: Shop Management

KPI — January 2023: State of the Economy

The Consumer Price Index for All Urban Consumers (CPI-U) declined 0.1% in December on a seasonally adjusted basis, after increasing 0.1% in November, according to the U.S. Bureau of Labor Statistics. Over the last 12 months, the all-items index increased 6.5% before seasonal adjustment. Important Takeaways, Courtesy of the U.S. Bureau of Labor Statistics: The… Continue reading KPI — January 2023: State of the Economy

MidwayPlus Adds Shop Lender Payment Solution on B2B Software Platform

MidwayPlus has launched a new on-portal trade credit feature for both resellers and manufacturers, the company announced. MidwayPlus manufacturing clients can now offer business-to-business customers a new way to pay for all products purchased on the MidwayPlus platform, the company said. The Shop Lender program allows qualified resellers to apply for payment terms within minutes… Continue reading MidwayPlus Adds Shop Lender Payment Solution on B2B Software Platform

Global Trade Trends Signal Impending Recession

Four troubling global trade trends are signaling consumer weakness in the first quarter of 2023, according to CNBC. The flow of trade is a real-time and forward-looking indicator of consumer spending and the economy because it shows supply, demand, and consumption, according to the report. Currently, warehouse inventory and rates, manufacturing orders, ocean freight bookings… Continue reading Global Trade Trends Signal Impending Recession

MAP Services Adds 25 Brands to Client Portfolio

MAP Services has added 9 new clients with 25 brands in the automotive aftermarket and power sports markets to its client portfolio, the company announced. “2023 is going to bring our clients new features not available from other MAP providers, and we’re looking forward to rolling these new features out to all our clients,” said… Continue reading MAP Services Adds 25 Brands to Client Portfolio

NFIB Launches Campaign for Permanent Small Business Tax Deduction

The National Federation of Independent Business (NFIB) has launched a new national advertising campaign featuring small business owners advocating for making the Small Business Deduction permanent, the organization announced. “The Small Business Deduction, created to bring small businesses’ tax rates closer to that of their large, corporate competitors, has been a crucial component of the… Continue reading NFIB Launches Campaign for Permanent Small Business Tax Deduction

Report: U.S. Manufacturers Still Struggling with Unpredictable Supply Chain

A recent report from Reuters found that U.S. manufacturers are still struggling with an unpredictable supply chain. While materials and goods have been more readily available than the historic backlogs of the pandemic, manufacturers are still struggling, the report said. A recent survey of 179 companies by the Association of Equipment Manufacturers found 98% said… Continue reading Report: U.S. Manufacturers Still Struggling with Unpredictable Supply Chain