The Benefits of Flexible Engagement Models with BPO Providers in the Beer Distribution Industry
Streamlining operations and maximizing profitability are essential in beer distribution. Partnering with Business Process Outsourcing (BPO) providers that offer flexible engagement models is a strategic approach gaining traction. These models allow beer distributors to swiftly adapt to market dynamics, reduce costs, and enhance customer experiences.
Bankruptcy Filings Increase at Slower Pace
The torrid pace of bankruptcy filings cooled a bit in March. Total bankruptcy filings for the month increased by 4.88 percent compared to the same month in 2023. This rise is modest when juxtaposed with the 22.32 percent year-over-year surge in February and the 17.6 percent overall increase observed throughout the previous year.
Bankruptcy Insight Report - February 2024
The February AIS Insight Report reveals bankruptcy filings totaled 39,027, marking a 22.3% increase from February 2023, outpacing last year's growth of 17.6%. Our analysis shows a notable 23.2% rise in Chapter 7 liquidations, robust 17.9% increases in Chapter 13 filings, and a striking 133.1% jump in Chapter 11 filings when compared to the same month previous year. Of note, the 3,755 daily filing total on February 29th represented the highest daily filing total since August 2020.
Bankruptcy Insight Report - January 2024
In January 2024, bankruptcy filings saw a significant increase, totaling 36,623 cases. This represents a 17.53 percent rise compared to the same month last year, closely aligning with the annual increase rate of 17.64 percent observed in 2023. The increase was seen across all chapters of bankruptcy filings, indicating broad-based case growth. Moreover, the gap between the number of cases filed before and after the pandemic continues to narrow, reflecting a changing landscape in bankruptcy trends.
Bankruptcy Insight Report - December 2023
2023 marked a significant shift in bankruptcy trends, ending with a 17.6% annual increase in overall filings. It’s been more than a decade since we’ve seen a year-over-year annual filing increase this large. With 445,119 cases, both consumer and commercial filings rose dramatically, particularly in December which saw a 16.1% hike compared to last year. Chapter 11 reorganizations continued to skyrocket, including small business cases.