Accounting Services
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Outsourced Accounting

Expertly trained accountants with a deep understanding of the software and your industry,

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Family Office Accounting

High-touch technology family office accounting services that ensure security and privacy.

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Bill Pay

Outsourced bill pay solution with cash flow reporting and tracked expenses.

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What Are Outsourced Accounting Services and Do I Need Them?

If you are asking yourself these two questions, you've come to the right place.

What’s the Difference Between CFO and a Controller - and What Do I Need?

Although these two important roles are sometimes viewed as interchangeable there are important differences between them.

Industry Expertise
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Our Key Industries

Expert knowledge and high-quality software solutions for our 5 key industries.

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Construction & Real Estate

Real-time financial data and integrated job costing to generate reports and improve accountability.

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Manufacturing & Distribution

Track billing of materials, implement inventory control systems, manage supplier base, and reduce unnecessary costs.

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E-Commerce

Our team has the expertise needed to navigate deposits, refunds, chargebacks, and processing fees to maximize efficiency.

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Professional Services

Streamline financial operation and increase overall profitability to enable faster and smarter decisions.

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Family Office Accounting

High-touch technology family office accounting services that ensure security and privacy.

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Why does industry expertise matter?

Industry focus allows us to be experts in the accounting needs of the companies that operate within these industries.

Why Plumb Works With These Industries

This is another one of our favorite questions. The answer is easy: we know these industries.

Software Expertise
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Sage Software

Innovative software to manage your accounting, people, payroll, payments, and more.

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NetSuite Software

Integrated cloud business software suite, including business accounting, ERP, CRM and ecommerce software.

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QuickBooks Software

Scalable solutions for reporting, transactions, month-end close, analysis, and more.

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QuickBooks to NetSuite Migration: A Comprehensive Guide

Migrating from one accounting software platform to another is a critical undertaking for businesses. This is especially true when considering a transition from QuickBooks to NetSuite.

How do I know which Software is right for my company?

Selecting the "right" software for your company might seem like an overwhelming task, but we'd like to help make this process easier for you.

Sage
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Sage Software

Innovative software to manage your accounting, people, payroll, payments, and more.

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Sage Intacct

Automate the critical processes, reduce the spreadsheet headaches, and get greater visibility into real-time business performance.

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Sage 300 CRE

Sage 300 Construction & Real Estate connects finances and operations to help ensure maximum profit.

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Sage 100 Contractor

The all-in-one construction software that goes beyond basic accounting to put you in total command of your projects.

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Sage Estimating

Build bids quickly and precisely, plus integrate with other Sage software solutions to streamline operations.

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Sage Paperless

Easily store, retrieve, and route documents for accounting and operations.

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Sage Service

Streamline service calls and construction projects from start to finish with web-based real-time information.

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Additional Solutions

Add-on these services to improve workflow and enhance data and analytics.

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How and When to Choose Construction Accounting Software?

The right tools can help you manage your construction projects efficiently, provide clarity of your finances, and ultimately help improve profitability and job success.

5 Types of Visibility Every Construction Firm Should Have.

Here we list 5 key elements to help capture insights that are pivotal to running an efficient and lucrative constriction firm.

ABOUT
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About Plumb

Plumb seeks to empower business owners and leaders to gain clarity about their financials to grow their business.

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Case Studies

Learn more about our work with clients in a variety of different industries.

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Meet the Team

Learn more about the Plumb leadership team.

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The Plumb Promise

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Careers

Want to join us? Check out our current open positions and apply today.

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What can Plumb Do for Your Business?

At Plumb we pride ourselves on providing "clarity in accounting and stewardship in service." But what does that actually mean?

What's the Plumb Promise and What's in it for You?

We're on a continuous journey to go above and beyond for our clients. Here's how we do that.

How Your Business Can Manage the Supply-Chain Slow Down

Posted on July 14, 2022 at 1:00 PM
Written by Justin Atneyel

As part of a new monthly series, Plumb will provide insights and actionable tips for how to navigate some of the current challenges being faced by businesses today. 

The global pandemic, geopolitical conflict, and overall economic uncertainty have highlighted significant issues and gaps within supply chain management. Along the way, there is no part of the value chain that has not been impacted. Business owners have had to revisit everything from their operations to their technology – and everything in between – to try to address the supply chain disruptions.

In Plumb’s fourth installment on insights and actionable tips for how to navigate some of the current challenges being faced by businesses today, we have collected valuable advice for combatting the supply chain slowdown and how to protect yourself moving forward.

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Key Factors Behind the Supply Chain Slowdown

To understand how to fix these issues, we must first try to understand how we got here. Here are some of the major events behind this slowdown:

  • Major manufacturing firms locked down their workforces and operations were shut down because of the outbreak of Covid-19 infections in China. This impacted the production of medicine, consumer goods, and electronics.
  • Lockdowns and remote-work arrangements increased demand for electronics, medical equipment, appliances, and building materials – among other items. Additionally, people were anxious about the potential for long-term lockdowns and lack of access to everyday items they needed and wanted.
  • The “lean manufacturing” model favored by many led to a chain reaction that left warehouses unable to keep up with a sudden demand for products. This model works well from an efficiency standpoint when times are stable and predictable. However, it has proven unreliable and flawed when demand and other normally steady manufacturing elements fluctuated dramatically.

Although there have been some improvements in certain segments of the supply chain slowdown, we will most likely continue to be faced with supply-chain issues for the foreseeable future.

So - what can be done to combat the supply-chain issues?

In the wake of supply-chain disruptions, identifying effective strategies to mitigate these challenges has become crucial. This section explores the various approaches and solutions that businesses can adopt to navigate and combat current supply-chain issues. From risk management to productivity review, we explore how companies can adapt to these ongoing challenges.

Risk management planning

Risk management plans are essential and need to be as thorough as possible. They should address prospective internal and external problems at every point in the supply chain.

Automation can be a great tool for anticipating and mitigating supply chain disruptions. Solutions such as autonomous mobile robots (AMRs) can address labor shortages, limited throughput, reduced availability of raw materials, and safety or compliance concerns.

Data visibility

Unless you know exactly what is happening with your supply chain, and where the problems are occurring, it is impossible to make impactful changes. Having a thorough understanding of and visibility into your data is of paramount importance during these challenging times. You should be able to access real-time analytics whenever necessary, including raw material status, fill rates, and cycle times. In addition to the collection of data, you must be able to disseminate the information so that all parties involved in your supply chain can access the data that is relevant to their part of the chain.

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Understanding customer demand & expectations

Consumers have never been more demanding, and their expectations for immediate gratification have never been higher. While they might be willing to spend more money on items to make their lives easier or more comfortable, they are not willing to wait for it. Speedy delivery for global corporations isn’t the same challenge as it is for SMBs anymore. However, there are some technology tools that small business owners can invest in to support them. Route optimization software and electronic proof of delivery are two such tools that small business owners should consider investing in to help streamline and improve their overall understanding of their delivery issues.

 
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Productivity review

Now is the best time to review your productivity across all areas of your supply chain and determine where you might be able to improve efficiencies and outcomes. Sometimes even a seemingly small step in the process can have big impacts down the line.

By implementing some of the assessments, data analysis, and planning outlined above, your business will be more flexible and better equipped to easily pivot when required. The businesses that can lessen some of the effects of the supply chain issues are more likely to see long-term success.

Please check out our other articles about how to navigate some of the current challenges being faced by businesses today:

Founded in 1996, Plumb provides outsourced accounting services to small to medium-sized businesses with clarity and stewardship. We become a valuable extension of internal client operations, ensuring timely, dependable, and cost-effective results.

 

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