Mar 23, 2018 | Business Tips
ShareTweetShare Ever heard of a successful business that became successful while mismanaging its inventory? We haven’t either. They don’t exist. Sure, there are plenty of mammoth companies that mismanaged their inventories and lost billions after becoming successful....
Mar 16, 2018 | Business Tips
FIFO vs LIFO: the great business accounting debate. At the end of your fiscal year, you’ll probably use one of these two accounting methods to value your inventory and report your profitability. But they’re distinctly different and will produce very different results...
Feb 16, 2018 | Business Tips
ShareTweetShare Do you want your products to have fewer defects and your manufacturing process to have less variability? Then you need 6 Sigma. Through intensive training, focused projects, and effective statistical analyses, 6 Sigma could save your business a lot of...
Feb 9, 2018 | Business Tips
ShareTweetShare Do you want to decrease waste and increase the quality of your products? How about decreasing your cost of inventory and increasing your profit margins? You’d probably like to boost your productivity too, right? These improvements are usually hard to...
Sep 30, 2017 | Business Tips
“If you can’t measure it, you can’t manage it.” We don’t know who said it first, but we do know this quote rings true in the world of ecommerce. If you don’t have specific objectives or clear goals, how do you know if you’ve reached a desirable outcome or milestone?...
