Print
ABOUT
Manufacturing
Manufacturing plays an integral role in our lives, providing us with the goods we use and consume each day. New technologies, designs and processes have allowed this industry to become more productive and connected on a global scale. With this constant evolution, manufacturing operations have become more complex and subject to an ever-increasing number of risk factors. When actualized, these risks can result in a loss of sales that need to be quantified.
HIRE US
MDD has global experience across hundreds of types of manufacturing operations. Our skilled professionals understand the manufacturing industry on both a micro and macro level.
They have evaluated and quantified production and supply chain losses pertaining to building collapses, equipment breakdowns, fire, flood and natural disasters/catastrophes, contaminated and maliciously tampered products and more. Our professionals have also been engaged on claims related to cyber and extortion related activity.
MDD can provide expert witness testimony when needed, taking into account all of the factors and complexities that are connected to the incident in question. Our professionals also provide litigation support services such as written reports and other forms of documentation to clients.
MDD provides services for the manufacturing industry such as:
- Determining whether or not a loss of production translated to a loss of sales
- Calculating lost profits, stock and contents losses, business interruption losses and increased costs of working
- Assessing the impact that other locations and alternative production scenarios had on sales after a planned shutdown or unplanned incident
- Performing comparative analysis of the company’s projected performance to its actual performance before, during and after the impacted period
- Determining the impact inventory on-hand had on the loss
- Examining the effect other incidents or factors had on sales
- Providing expert witness testimony and litigation support services when necessary
Experience
Experience
Contact one of our experts below or filter experience based on region.
ARTICLES
RELEVANT ARTICLES
Our experts are extremely knowledgeable about thier subject areas and often write educational material and commentary on topical issues they come across.
Ghosts, Ghouls and Cyber Claims
We usually think of Hallowe’en when October rolls around; however, did you know that October is also cyber security awareness month? NetDiligence recently released the 12th iteration of their Cyber Claims Study. They analyzed approximately 7,500 cyber claims from period...
Lost Profits Measurement in the Cannabis Industry
What used to be considered an illicit drug in most countries is now a decriminalized plant with some medicinal potential. Cannabis is in the midst of a global transformation into a major industry with massive investment and growth potential. Canada...
COVID-19: A Forensic Accountant’s Perspective on How Coverage Issues Could Impact Quantification
The current outbreak of coronavirus disease (COVID-19) was first reported from Wuhan, China, on 31 December 2019. According to the World Health Organization (“WHO”), by 26 February, China had reported over 78,000 cases of COVID-19 resulting in over 2,700 deaths....
Business Interruption: Complex Interdependencies
As business structures become more complex, companies often need more sophisticated insurance products to properly manage their business interruption risks. For example, narrow vertical integration makes risk management more difficult and increases the demands placed on insurers regarding correct risk...
Services
RELATED SERVICES
The following forensic accounting services may also be of interest to you.
Product Liability & Product Recall
When a product liability or product recall situation occurs, businesses...
