Manufacturing & Distribution

increasing efficiency
across all levels
of your operations

Strategic advisory services for continuous improvement and sustainable growth

As the U.S. economy moves from recovery into expansion, manufacturers must be ready to meet increased demand. The ability to compete successfully in domestic and global markets will require innovative products, ongoing investments in people and training. As today’s business world continues to evolve at a rapid pace, the DHG Manufacturing & Distribution professionals seek to remain ahead of current and oncoming trends so that we may best help our clients find the right solutions. Armed with experience serving manufacturers and distributors of all sizes, we understand the issues inherent to your industry, including:

  • Lean operations that deliver higher quality with shorter lead times and less waste
  • Large R&D spending
  • Dependence on consumer spending
  • Heightened government regulation
  • Technological advancements
  • Necessity to outsource resources
  • Improving energy use
  • Supply chain management
  • Eco-friendly manufacturing practices
  • Globalization of manufacturing - read more about our Chinese  & Japanese Business Services

Adding value where it counts.

DHG accountants and advisors look deep into your operations, developing a better understanding of where you are for more informed guidance. We validate internal controls, cost management and financial reporting, while evaluating the return on your investments in process engineering and production.

DHG’s Manufacturing & Distribution professionals seek to identify areas upon which you can improve your efficiencies and operating effectiveness. Our resourceful industry and service line professionals collaborate with each other and work side by side with you to hone in on your organization, current operations, industry trends as well as your specific business needs. We work with many sectors and niches within the manufacturing and distribution realm and offer an extensive suite of Assurance, Tax and Advisory services which we tailor to accommodate your industry- and business-specific requirements.
When you work with DHG, one partner manages your relationship. This partner works closely with you, your senior management and board, giving you the continuity, accountability and responsiveness your company needs, while deploying the right resources in a timely manner.

Assurance

Your relationship with your creditors rests on the quality of your financial reporting. We can attest to the accuracy and completeness of your data, to protect your brand and give your strategic planning a solid foundation. Our assurance services include:

We take a best practices approach to audits, validating internal processes and controls to help create a path for the client to move forward with confidence. Our focus on your operations helps your company maintain its focus on customer relationships and new product and market development.

Tax

Tax planning can be complex for companies with tax liabilities at the local, state, federal and global levels. We work with you to mitigate tax liability, maintain compliance and maximize cash flow. Our tax and accounting services include:

  • Tax Return Preparation (federal, state, local and international)
  • Multi-state Planning and Nexus Studies
  • Multinational Inbound and Outbound Tax Planning
  • Sales and Use Tax Consulting and Compliance
  • Tax Provision Preparation and Consulting
  • Accounting Method Reviews
  • Cost Segregation Studies
  • Research and Development Studies
  • Tangible Property Repair Regulation Studies
  • Transfer Pricing
  • Incentives and Credits Planning
  • Coordination of Foreign Country Compliance and Reporting

DHG's experience with tax and accounting for a range of manufacturers helps you plan while taking full advantage of emerging opportunities. Our transfer pricing resources are particularly useful for companies who do business around the world, working with customers and suppliers outside of the U.S.

Advisory

We have the strategic and operational insights your company needs to grow and compete in new markets. DHG professionals understand the challenges of your business and industry, so we can help you invest in growth while linking continuous improvement in operations to your P&L.

The rise of Lean manufacturing has driven substantial process improvement in manufacturing, but the challenge of quantifying improvement in key performance indicators requires experience and insight. We know how to read and interpret data, to help you improve quality and safety, control costs for more competitive pricing and reduce lead times.

DHG has the advisory services to guide strategic acquisitions, mergers or divestiture. We can help you plan new product introductions, new market entry and investments in new plants and information technology.

We also draw on our experience with high net worth individuals to make sure your company’s ownership and management have the appropriate tax and estate planning resources. We have the resources you need to protect your wealth and provide continuity for the next generation of company ownership and management.

Publications Publications
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Cybersecurity Attack Update
Last week, businesses and not-for-profits all over the world experienced one of the broadest cyberattacks ever carried out. DHG’s IT Advisory group has
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Valuing a Brewery
Cheers to anyone who owns a brewery, wants to own a brewery or just wants to know how much a brewery is worth! The craft brewery market has been growing
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Common Pitfalls of Business Combination Accounting
With recent merger announcements of companies like Starwood and Marriott, or AT&T and Time Warner, the appetite for business acquisitions is clearly back
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News News
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Paul Lundy Joins Dixon Hughes Goodman as Partner
Dixon Hughes Goodman welcomes Paul Lundy as a new Partner within the firm’s Atlanta Audit practice. Paul will focus on manufacturing, distribution,
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Alerts Alerts
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North Carolina Appropriations Act of 2017--Important...
The North Carolina General Assembly has announced an agreement on its much discussed and greatly anticipated fiscal 2018 budget, including significant
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IRS Updates Automatic Accounting Method Change List;...
The Internal Revenue Service (IRS) recently issued two revenue procedures addressing accounting methods. Revenue Procedure 2017-30 updates the list of
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New Virginia Law Effective 7/1/17 Creates the Virgin...
With Virginia’s governor signing newly enacted House Bill 2246 and Senate Bill 1438, the new law will take effect on July 1, 2017, creating the Virginia
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Events Events
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Blog Blog
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GSA Biz Vibe: Talking Business in the Upstate with D...
GSA Biz Vibe: Talking Business in the Upstate with Douglas Jambor
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Case Studies Case Studies
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DHG TV DHG TV
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Revenue Recognition
On May 28, 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers, a
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DHG has been devoted to providing professional services to clients across the Manufacturing & Distribution space since the firm’s inception. With a client footprint that spans more than 35 states, our Manufacturing & Distribution team serves as one of DHG’s largest core industry groups.

DHG works with a wide variety of manufacturers including:

  • Aerospace
  • Apparel
  • Automotive
  • Defense
  • Food & beverage
  • Furniture
  • High tech
  • Metals
  • Packaging
  • Plastics

Our experience ranges from low-volume/high-mix custom and job shop operations, through batch process and assembly plants to high-volume/low-mix operations. We work closely with these clients to drive steady operational improvement and a better return on strategic planning.

DHG professionals also maintain a robust presence in industry and trade associations at the national, state and local level. This ongoing involvement gives us a best-practices mindset plus a long-term view of industry trends and pending legislative and regulatory activity.

Industry Issues



Services In Focus
Alerts, News
& Publications


IRS Offers Tax Relief for Victims of Hurricane Florence

The Internal Revenue Service (IRS) announced on September 15 that Hurricane...
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DHG Receives “Best of the Best” Recognition from INS...

Charlotte, N.C., August 20, 2018 -...
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SEC Amends Smaller Reporting Company Thresholds

On June 28, 2018, the SEC voted to increase the...
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Events



Blog

Have You Heard of...
WCSC-TV’s Live 5
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Warranty Woes in ...

Warranties seem
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Case Studies