|CBMA- will tax cuts be renewed? Until the 2021 Budget is finalized, the future of CBMA is still uncertain. Here are some possibilities; the current CBMA program could be:
- modified to a general tax reduction
- given a one-year continuance
- discontinued all together
In any case, start working with your suppliers to get letters for 2021.
Understand delays. Trucking, shipping and ports are feeling a pinch. Nationally there’s only one truck available for every seven loads. Global shipping delays can be felt with increased shipments, Covid-related staffing problems and issues with container availability and port staffing. Unfortunately, Q4’s global logistics headache will continue into Q1. To mitigate impact, plan ahead and place your orders as early as possible.
Tips For Better Inventory Management. What’s worse- getting stuck with too much inventory, or not being able to fulfill orders due to lack of product? You’re right: both. See what 10 industry suggest you do by clicking HERE