With over six billion consumers to feed globally, food companies today face a host of challenges. In today's environment, improving efficiency is the key to survival. Our professionals are committed to devising and helping to implement specific strategies that help our clients attain and maintain a leading role in their markets. We offer a comprehensive suite of audit, consulting and tax services to address all aspects of value chain management. We also have specialized expertise specifically in the wine industry. Several of our partners and managers have a strong background in the wine industry and have provided wineries with strategic advice on LIFO inventory and tax theories which have resulted in substantial tax savings to growers.
Sustaining a competitive advantage is the trademark of today's retail environment. Consumers today demand more value, better service and greater convenience, and retailers must adapt their services to meet continually-evolving consumer needs. Changing retail patterns, industry consolidation, globalization and the growth of technology have blurred the lines among the traditional role of a consumer product manufacturer, wholesaler, distributor, retailer and the consumer.
This convergence of the consumer supply chain creates an opportunity for consumer businesses to create timely new products, streamlined operations and high-quality, low-cost service. It makes sense now, more than ever, to work with an accounting firm that knows the complete value chain. Armanino has a team of professionals that deliver clearly articulated and actable business advice that enables businesses to increase their value.
As one of the largest regional accounting firms in the Bay Area, we have designated a team with retail expertise that has experience with auditing companies with revenues up to and exceeding $500M. By servicing a wide variety of small and large companies, we provide our people actual hands-on experience in performing a job quickly and efficiently.
Our tax experts have many years of retail experience and pay close attention to the areas that affect your business. We are proactive in finding ways to take advantage of the tax benefits and bring more to a business' bottom line. We serve as a valued business adviser, working directly with your tax department professionals to identify strategic tax-planning opportunities rather than simply responding to requests for assistance.