http://www.paper.com.cn 2023-05-25 Inganda zo gucapa no gupakira ku isi
Ibikorwa bya M&A murwego rwo gupakira no gucapa biziyongera cyane muri 2022, nubwo igabanuka ryagutse ryamasoko yo hagati yagutse.Ubwiyongere mu bikorwa bya M&A buterwa ahanini n’impamvu nyinshi z’ingenzi - kwihangana no gutuza mu nganda zicapura ibicuruzwa, izamuka ry’ubucuruzi bwa e-bucuruzi bituma hiyongeraho ibyifuzo by’ibicapiro bipfunyika, gukomeza kwagura ubucuruzi bw’isi no kuzamuka kwiterambere amasoko.shokora ya shokora hafi yanjye
Mu minsi mike ishize, Scott Daspin, umuyobozi w’amabanki y’ishoramari muri Triad Securities, na Paul Marino, ukuriye itsinda ry’abikorera ku giti cyabo Sadis & Goldberg, basangiye ubumenyi n’umwuga ku bijyanye n’ibihe byashize, uko ibintu bimeze ndetse n’ahazaza h’inganda zipakira no gucapa.
Bombi bafite ubumenyi nuburambe mu nganda, hamwe na Daspin afite amateka akomeye yo guteza imbere umubano mushya no kumenya no guhagarika ibikorwa byatsinzwe, mugihe Marino yibanda kubikorwa muri serivisi zimari, amategeko agenga ibigo n’imari y’ibigo kandi atanga amakuru kubyerekeranye ninganda, Icyerekezo cyiza kuri inganda zo gupakira no gucapa, ingaruka zacyo mubikorwa bya M&A, nibindi byinshi.shokora shokora ibisanduku
Abikorera ku giti cyabo bazaba hafi 54% yo gupakira no gucapa muri 2022. Kubera iki?
Marino: Urebye akamaro gakomeje gucapwa, ntabwo bitangaje kuba igishoro cyarakwegereye inganda.Abashoramari benshi bo mumasoko yo hagati ni ab'umuryango, bifasha kunoza imikorere.Abashoramari bazi agaciro n’iterambere ry’inganda zikora inganda zitandukanye, uhereye ku biribwa n'ibinyobwa kugeza ku bicuruzwa bikoreshwa na farumasi.shokora ya shokora
Haba hari ingamba zikoreshwa n’ibigo byigenga byigenga kugirango biha agaciro kandi bigere ku iterambere?
Daspin: Ibigo byigenga byigenga biranga ibimenyetso byinganda zicapura hifashishijwe ingamba zo 'kugura no kubaka'.Ibi bikubiyemo kubona portfolio yamasosiyete munganda zimwe cyangwa zijyanye nayo hanyuma ugahuza no kuyihuza kugirango habeho ubucuruzi bunini, bunoze kandi bunoze.Bitewe no kwegereza ubuyobozi abaturage inganda zo gupakira no gucapa, hariho imishinga myinshi mito n'iciriritse, kandi hariho imishinga minini minini.Abashoramari barashobora kubona ibigo byinshi no kubihuza kugirango bagere ku bukungu bunini bwikigereranyo, kugabanya ibiciro, no kubyara inyungu nyinshi..shokora ya laboratoire
Mu 2023, hazageragezwa igitekerezo cyo kurwanya ihungabana ry’inganda zipakira no gucapa.Ni ubuhe buryo bukwiriye kwitabwaho?Noheri ya Noheri
Marino: Itegeko rya gatatu ryerekeye icyifuzo cya Newton rivuga ko “kuri buri gikorwa, haba hari imyumvire imwe kandi itandukanye.”Iki gitekerezo gisa nubucuruzi.Mu myaka ibiri ishize, icyorezo cy’ibyorezo cyashyizwe mu gaciro n’imyumvire idahwitse yo mu 2023.
Nyamara, ubukungu budashidikanywaho bushobora kugira ingaruka zikomeye ku nganda zipakira mu mwaka utaha.Bitewe n’impagarara za politiki zikomeje, guhindura politiki y’ubucuruzi ku isi, ndetse n’ubukungu butazwi neza, ibigo byinshi birashobora guhitamo gutinza ishoramari no kugabanya amafaranga yakoreshejwe mu gupakira.Ibi birashobora gutuma buhoro buhoro ibikoresho byo gupakira, bigira ingaruka kumikurire yinganda.Byongeye kandi, niba ubucuruzi butangiye kwitondera ingengo yimari yabo, barashobora kwitabaza ibisubizo byokuzigama bizigama, bishobora guhangana nudushya niterambere ryikoranabuhanga rishya ryo gucapa.Noheri ya Noheri
Nyamara, amateka yerekana ko inganda zo gupakira no gucapa zigomba gukomeza kwihangana.Iterambere ryihuse rya e-ubucuruzi hamwe nubwiyongere bwogutanga imuhira bizatuma hakenerwa ibisubizo bishya bipfunyika birinda kandi bibika ibicuruzwa mugihe cyo gutambuka.preroll king size box
Byongeye kandi, uko abaguzi bagenda barushaho kumenya ingaruka z’ibidukikije ziterwa no gupakira, ibikenerwa byo gupakira birambye hamwe nibisubizo biziyongera.Gukomeza kwaguka mu bucuruzi ku isi no kuzamuka kw’amasoko azamuka bizatanga amahirwe mashya mu nganda zipakira kugira ngo zikore abakiriya benshi n’inganda.agasanduku ka shokora
Ese amwe mumasezerano wagizemo uruhare mumwaka ushize hari icyo ahuriyeho?
Daspin: Ibyinshi mubikorwa byanjye byo gucapura ibicuruzwa birimo ubucuruzi bwumuryango bwunguka kandi bwishingikiriza kumafaranga.Nyir'urugo asanzwe arashaka uburyo bwo kwimukira mu kiruhuko cy'izabukuru cyangwa agashaka gusa amahirwe yo kwinjiza amafaranga, kandi abagurisha ubusanzwe bafite 85% cyangwa barenga ku mutungo wabo ufite agaciro kajyanye n'ubucuruzi bwabo.ishyamba rya gump agasanduku ka shokora
Igishimishije, abapiganwa benshi ntabwo buri gihe ari igisubizo cyiza: Abacuruzi bakunze gushyira imbere gukorana nabaguzi bazakomeza uruganda nyuma yo kugurisha.Kurugero, abagurisha bakunze kwanga isoko ryambere ryatanzwe nabaguzi b'imari, bagahitamo gukorana nabaguzi baterankunga baterwa inkunga nabaguzi batanga agaciro gake kurushanwa ariko amahirwe yo kugarura bimwe mubigabane byabo kandi bagakomeza kugira uruhare mubigo, bafite inzira yo gutegura izungura. .Kubera iyo mpamvu, igihe cyanjye kinini mumasezerano namaraga ngerageza guhuza ibyo umugurisha yifuza hamwe nigisubizo cyumuguzi cyujuje ibyo bisabwa.godiva isanduku ya shokora
Mu 2022, inzira z’ibihugu byinshi byo muri Amerika zishyiraho amategeko yagutse y’umucungamutungo arakomeje.Aya mategeko ni ayahe n'icyo asobanura ku masosiyete icapura ibicuruzwa?
Marino: Nyuma y'ibikorwa byakozwe na bagenzi babo bo muri Oregon na Maine mu 2021, abadepite bo muri Californiya na Colorado bashyizeho amategeko ya EPR agamije gufasha kugabanya imyanda iva mu gupakira no mu bikoresho.Iyi fagitire, nubwo idasa, isaba abaproducer nini bapakira hamwe nibikoresho kugirango bishyure amafaranga ajyanye no gukusanya no guta ibicuruzwa byabo.Byongeye kandi, bashyizeho intego zo gushishikariza abaproducer gukoresha ibikoresho birambye hamwe nibikoresho.Amenshi mu mategeko mashya arasaba kandi ibigo gutanga amakuru kubyerekeranye no gutunganya ibicuruzwa byabo no gutanga sisitemu yo gukusanya ibicuruzwa.agasanduku nini ka shokora
Ni izihe nama wagira abashobora kugurisha nyuma yo gucuruza?
Daspin: Ahanini kureba neza ko basobanukiwe uruhare rwabo muri sosiyete ninshingano zabo kubaguzi.Bamwe mubafite ubucuruzi bashobora kuba batarigeze bakorera umuntu mbere, birashobora rero kubatwara igihe cyo kwiga ibyerekeye ibigo bishya cyangwa ibisabwa kugirango batange raporo.Na none, kubera ko abakozi ba societe akenshi batazi kubyerekeye amasezerano kugeza arangiye, ndabasaba ko bafata umwanya wo kumva uburyo ibizava mubicuruzwa bizagira ingaruka kubakozi babo.isanzwe y'itabi
Bagomba kandi kumenya kuvugana nabaguzi hamwe nabakiriya nyuma yubucuruzi.Inzira nziza I.'ve bigaragara ko yongerera amatangazo iminsi 20-30 kugirango abagurisha bashobore kubona ubutumwa bwabo mbere yuko abafatanyabikorwa babo babyumva ahandi.Ntekereza ko ari ngombwa kumva ubutumwa bwawe icyo aricyo nicyo ushobora kubwira abakozi bawe, abakiriya bawe nabaguzi.
Hoba hariho ibibazo byemewe n'amategeko bigomba kumvikana mugutsindira neza cyangwa kugurisha uruganda rukora ibicuruzwa?
Marino: Kugura no kugurisha ubucuruzi nigikorwa cyingenzi nyir'ubucuruzi ashobora gukora, gihanganye gusa nishyirahamwe ryambere cyangwa iseswa.Abakinnyi bose bagize uruhare mu bijyanye n’imari n’amategeko babigiranye umwete bahindutse ku buryo bugaragara, baha ayo masezerano ikinamico yabo kandi igoye.Mugihe kidasanzwe cyo guhanahana ibicuruzwa, ibintu bimwe, nkabakiriya, abatanga isoko namasezerano yabakozi, bikwiye kugenzurwa cyane mugikorwa cyo kugura isosiyete ipakira.
Igihe cyo kohereza: Jun-14-2023