1. Lean operations. Managing the stuff you carry on hand is low hanging fruit when it comes to controlling cash flow. If you sell stuff, you likely stock supply to do business. You need just the right amount of stuff on hand to make every sale requested. If you carry less stuff, you need less … [Read more...]
Effective inventory control helps businesses maximize sales, speed turnaround and meet consumer demand during high volume sales peaks. Holiday sales peaks - namely Christmas and Thanksgiving - account for as much as 40% of annual revenues for small businesses. What do we do on holidays? We … [Read more...]
The days of professionals strapping on Batman-style belts to harness multiple cell phones are behind us. These days it's OK to mix business with pleasure — when it comes to the device you're using at least. Bring It With You Cell phones are transforming into personal computers in your pocket. In … [Read more...]
Are your school's asset management policies breaking the bank? Businesses employ adults who generally work in an office on a fairly fixed schedule. And businesses have a hard time keeping track of their physical assets. Now think about schools. Consider the large, complex, open-ended … [Read more...]
Search Engine Optimization (SEO) means you have positioned your business to be“discovered” online when someone initiates a search. The potential for your business to be discovered by potential customers is underscored by SEO. You can use LinkedIn’s Skills & Expertise to get in front of … [Read more...]
Why does it shrink? The first idea that pops into everyone’s mind regarding inventory shrinkage is that someone is stealing the goods. It could be some disgruntled or greedy warehouse worker(s), or dishonest customer(s) in your grocery store helping themselves to donuts when you are not looking. … [Read more...]
May headlines from around the web, brought to you by the Wasp Buzz. Social media: Oklahoma’s virtual lost and found USA Today Social media is transforming how we engage after a disaster. After the twister tragedy in Oklahoma, residents used social media platforms to share lost and found … [Read more...]
Inventory consists of wholesale merchandise you resell and products you manufacture or assemble. You’ve got to keep track of these items, as they represent your future revenues. This means you must know how much you have of each item. You must also keep tabs on items lost through damage, spoilage, … [Read more...]
The idea of gleaning business tips from reality TV might seem as absurd as taking trading advice from Gordon Gekko. Just in case the memory isn’t what it used to be, Gordon Gekko is the corporate raider Michael Douglas played in the film “Wall Street” who was fond of insider trading. The only … [Read more...]
All About Kids Pediatrics really is all about kids. They keep approximately 2,000 of them healthy each month. In doing so they deliver a lot of preventive care services, like vaccinations. Every shot administered involves extensive reporting and documentation requirements. Take a look at vaccine … [Read more...]
