Innovation/ R&D – Who Cares?
It is becoming more and more challenging to find a profitable niche in the marketplace, with more and more businesses competing with commodities and/or commodity pricing everyday.
Succeed During These Turbulent Times – Manage for Cash Part 1: Manage Inventories
Businesses continue to cut back as the economy continues to worsen - seemingly every day. Cutting costs in a reasonable and smart manner is required; however, cost cutting alone rarely achieves success.
Want to Improve Your Business But Not Sure Where to Start?
Learn how your business stacks up with internal and external strengths, weaknesses, opportunities and threats (SWOT), then take action.
Lean – Fad or Vehicle to Bottom Line Results?
If you notice and act upon trends, you will succeed. In my 20 years of experience across multiple industries and globally, I've found that a secret to success is identifying trends EARLY in the process and then acting upon them as it makes sense.
Business Process Improvement to Drive Bottom Line Results
Business process improvement has almost become a "buzzword" - sounds good but what does it mean? What is really accomplished? Many times, companies create volumes of 1-inch thick binders of best practice processes, and yet achieve no bottom line results. Anyone seen these binders collecting dust on the bookshelf? [...]
Lessons from my Finance Mentor: How to Turn a Profit
The good news is that none of these actions require sophisticated tools or systems - give it a try today.
Ideas to increase cash flow
Businesses should always look for ways to increase cash flow.
Tips for surviving a physical inventory
Achieve accurate physical inventory counts through thorough preparation, halting movements, clear communication, and progress tracking.
Tips for decreasing inventory levels without affecting your customers!
effective inventory reduction strategies that maintain customer satisfaction, emphasizing skilled personnel and structured processes
Achieving Inventory Velocity “and” Customer Delight
How can the Acme Company situation change with inventory velocity?