Working hard isn’t enough anymore. Working smart will get you a bit further towards your goal. But sometimes even this doesn’t always hit the mark anymore.
As the worldwide economic downturn continues, it’s becoming ever more relevant for small and medium organisations to develop and maintain their competitive edge. This includes ensuring all stakeholders have clear visibility across every aspect of their business and having the technology to enable more efficient operations. It also means identifying new and innovative ways to…
Your stock, or inventory, is made up of ‘goods and materials a business holds for the purpose of resale’ (wiki). These goods and materials making up your overall inventory can be in any form across the production life cycle and are divided into 3 categories.
This week, we welcome a guest post from Business.com – the premier online destination for businesses of all sizes to research, find, and compare the products and services they need to run their businesses. Erica Bell, guides us through why inventory management is essential in today’s business.