Auto Dealerships
With decades of industry experience, BDO can help position your dealership to take advantage of emerging trends and set a strategic course for a promising future.
In June 2022, the Uyghur Forced Labor Prevention Act (UFLPA) was enacted into law, increasing the pressure on companies importing goods from overseas to document that their supply chains are free from forced labor.
To date, this is the only federal law in the U.S. focused specifically on Environmental, Social & Governance (ESG), and it passed by overwhelming majorities in both houses of Congress. The U.S. government has pledged to strictly enforce the law, requiring companies now, more than ever, to focus on responsible sourcing and documenting their risk mitigation strategies.
For this reason, it is imperative that importers have a comprehensive process in place to fully vet their suppliers, including confirming that the supplier can verify the sources of all inputs used in the manufacture or production of the imported merchandise.
Please join us for a webcast on June 20th hosted by BDO USA and Sourcemap. Navigating the Noise: Enhancing Supply Chain Resilience and Addressing Regulatory Compliance, to learn actionable steps organizations can take to bolster resilience and improve supply chain transparency to meet new regulatory requirements.
How to navigate the UFLPA, its implications, and ways to ensure your company is prepared.
Companies will need to be increasingly focused on ensuring proper documentation indicating their merchandise is free of forced labor.
With decades of industry experience, BDO can help position your dealership to take advantage of emerging trends and set a strategic course for a promising future.
BDO’s comprehensive portfolio of accounting, assurance, tax and advisory services can help manufacturers with all their business needs, from supply chain management to implementing Industry 4.0 technology and beyond.
We have a deep understanding of the industry issues you are facing, whether you are looking to expand globally, engage in M&A or exit strategies, prepare for shifting regulations, transform your accounting functions or more.
We arm retail and consumer product companies with data-driven insights, honest perspective and innovative thinking to help future-proof their business.