Maikel Wijsbek’s Post

Diversifying supply chains is not a simple task—it's a transformative investment that changes both the organization and its supply chain operations. To navigate the complexities, companies must assess their current model, explore country options, conduct a thorough cost/benefit and risk analysis, and leverage AI tools to ensure decisions align with long-term goals. Our latest article outlines eight strategies to guide your supply chain transformation journey. https://bit.ly/3XGNklB

KPMG US is a proud sponsor of #ClimateWeekNYC 2024, the largest annual climate event taking place from September 22nd to the 29th. Keep up with KPMG US on LinkedIn for real-time updates from our participating leaders. https://ow.ly/cqLV50ThyhW

A sneak peek on capital changes? FRB speech outlines potential changes to the much-anticipated interagency Basel III Endgame and G-SIB Surcharge re-proposals. Changes may include more tailored applicability and revisions to risk areas (credit, operational, market). Click to see the details shared. #KPMGRegulatoryAlert #BaselIII #Regulatory #KPMG https://bit.ly/4epgpYz

KPMG has been selected by Great Place To Work® and Fortune magazine for its 2024 Best Workplaces in Consulting & Professional Services™ List. The honor is a testament to the dedication and commitment of our people who make KPMG an exceptional place to work. https://bit.ly/3BbvFcV

📈 #CPI rose 0.2% in August, this translates to a 2.5% increase from a year ago, the slowest annual pace since February 2021. #KPMG Chief Economist Diane Swonk: “Look for signals that the #Fed is willing to step up the pace of cuts should the #labor market weaken further.” https://bit.ly/3MKNlPk

Household net worth hit a new record at $163.8 trillion in Q2 2024. A rising stock market and appreciating home values are driving this growth. Business and household #borrowing continued to expand in the second quarter, thanks to less strict lending standards by commercial #banks. “It’s now up to the #Fed to take the baton and stay out ahead in the race to keep the expansion continuing.” Read #KPMG Senior Economist Ken Kim’s full report: https://bit.ly/3MK3tAE

In the latest issue of Economic Compass from #KPMG Chief Economist Diane Swonk discusses how the #Fed’s strategy has evolved from battling #inflation to avoiding a #recession. The only debate at the upcoming #FOMC meeting will the size of the cuts. Read: https://bit.ly/4epfQhn

Higher education is transforming with 85% of institutions adopting remote work, revealing a shift towards flexibility and global collaboration. Learn how embracing remote policies is reshaping education. Download our report. https://bit.ly/4el50Zz

TMT is catching up to other industries in tax technology adoption using automation and generative artificial intelligence. Learn more: https://bit.ly/3XpYJF4

Read recent state tax developments this week covering a California sales and use tax update, Illinois and Maine adjusting sales tax of leased personal property, Nebraska rejecting repatriation tax deduction, Massachusetts allowing financial institutions tax credits, and Virginia exempting tax on manufacturing equipment. https://bit.ly/4d2H0cN