Feature Article

Six tips: Experts issue protection strategies after record-level declines in factory orders

Headlines report the worldwide economy is in crisis as new orders in the manufacturing sector have fallen at record rates. Tighter credit conditions may prolong the downturn. What can manufacturers do to win in such a tough and volatile economy? Here are six recommended actions to consider now.
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Enterprise effect: SAP says business turmoil hurting its revenue

Shares of SAP AG plunged Monday after the business software maker said it saw a sudden drop in business at the end of September as global financial turmoil escalated.
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Deloitte advisory: Service and parts operations can refresh automotive industry stall

"Besides the potential positive impact on sales and profit, companies that focus on improving their service and parts operations stand to gain from reduced cost and improved customer loyalty," explains Jeff Glueck, a principal with Deloitte Consulting LLP.
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For fast results: Economic downturn requires best practices in pricing

The current state of the economy should not be thought of as a disaster, but an opportunity to come out ahead of your competitors. Per Sjofors, a pricing expert and managing partner of Atenga Inc., says to secure your business, improve profits, and outlast your competitors during a financial crisis, the key is to implement best-practice pricing strategies.
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