Inflation Busters: Protecting Profits As Costs Rise

istockphoto/gesrey

By Phillip M. Perry

Inflation is rising faster than any time in recent memory. Businesses must deal with rapid cost increases by managing cash flow efficiently and communicating effectively with customers and suppliers. The benefits of inventory reduction must be balanced against the need to maintain critical stock for top customers. Inflation has taken root. Businesses everywhere are dealing with annualized cost increases of nearly 7 percent — the fastest pace in 40 years and significantly higher than the 1.8 percent average of the past decade. The resulting upticks in operating costs can cause serious damage to the bottom line.

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2022 Brushware Summer Buyers’ Guide eMag Now Available

 

The 2022 Brushware Summer Buyers’ Guide July-August issue is now available to all readers in eMag (digital edition) format. This annual edition offers a full directory listing of the top companies in the industry along with a full product/category Buyers’ Guide Index — a handy macro view of products, raw materials, machinery, components and services for the brush, broom, paint products and mop industry. In addition, this issue offers Phillip M. Perry’s feature on inflation with insights on how to guide your business through this inflationary period.

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New Risks in Workers’ Compensation

istockphoto/Kiwis

By Phillip M. Perry

Employers find themselves navigating a more complex regulatory environment as they try to reduce their workers’ compensation premiums and claim costs. States are introducing legislation that expands coverage to a greater spectrum of conditions and presumes workplace origination for COVID infections. Businesses are responding by reaching out to workers to preempt problems and bolster safety programs.

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Dealing With New OSHA Standards

More Inspections, Greater Citations Ahead

By Phillip M. Perry

This article originally appeared in the 2021 November/December Issue of Brushware magazine.

The Biden administration is issuing new OSHA guidelines and stepping up enforcement in a move to ensure workplace safety. Businesses are retooling operations and sanitation procedures to protect personnel from accidents and COVID-19 infections. OSHA has recently updated its recommendations for the mitigation of such infections in the workplace among unvaccinated or at-risk workers. Employers trying to avoid costly OSHA citations are facing new challenges in the form of heightened enforcement activity and greater liability for workplace COVID-19 infections. To lessen their exposure, businesses are retooling their operating environments to ensure compliance with state and federal standards.

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2022 Brushware January-February eMag Now Available

 

The 2022 January-February Brushware issue is now available to all readers in eMag (digital edition) format. This kickoff edition for 2022 features our annual Economic Forecast from Phillip Perry and a look at Gen Z in the Workplace from Meg Cooper. In addition, this issue includes coverage of the 2021 FEIBP Virtual AGM from Katharina Goldbeck-Hörz and Lisa Anderson’s column examines the current supply chain challenges and takes a look ahead. Readers will also find Q3 US Import/Export statistics and all of the latest industry news.

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2021 Brushware November-December eMag Now Available

 

The 2021 November-December Brushware Machinery Showcase and Supplier/Manufacturer Spotlight issue is now available to all readers in eMag (digital edition) format. This special digital version includes bonus content and 80 total pages of vital brush, broom, mop and paint product content. Along with the Machinery Showcase and Supplier/Manufacturer Spotlight, the issue includes a profile on Borghi’s Paolo Roversi and a feature on new OSHA standards from Phillip M. Perry. And Lisa Anderson’s column covers the current manufacturing resurgence.

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2021 Brushware January-February eMag Now Available


The 2021 January/February eMag (digital edition) of Brushware magazine is now available. In this issue, Philip M. Perry provides his economic forecast for 2021 and highlights the opportunities ahead. Mark Battersby runs through M&A strategy during the pandemic and the third quarter US Import/Export results are published in their entirety.

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2020 Top 10 Most Read Brushware Articles

Image credit: istock/Povareshka

As we wind down the year that was 2020 and look forward to celebrating the holidays, I want to thank all of the Brushware readers, advertisers and supporters and wish everyone a Merry Christmas and Happy New Year. It was such a challenging and heartbreaking year for so many, we hope that the holidays and the year ahead will be much brighter for everyone.

But as a final look back to 2020, we present for the second year in a row the top-performing stories on www.brushwaremag.com for the year.

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