Reducing the lead time by doing stock categorization improves overall productivity, resulting in higher revenues and profits. The Lead Time is the amount of time taken for a particular Stock Item to reach the warehouses from the date of ordering. Longer lead times often result in inefficiencies and wastage of resources. Businesses should review their […]
Supply Chain Management
4 Strategies to Improve Supply Chain for your Business
To improve supply chain, it’s important to find the right vendor for your business. What makes a vendor fit in your supply chain will be different for every business, but a few metrics like price, location, product quality should be of critical importance.
Entrepreneurs Guide to Buying a Vehicle for Business
It’s common for entrepreneurs to buy vehicles for business purposes. Business vehicle purchases can expand & improve businesses, get you tax write-off and many other benefits. This is a must read guide for buying a vehicle like car, truck, RV or van for your business.
New Opportunities in Using Blockchain Technology for Your Business
Blockchain Technology is used in everything from cryptocurrency, commerce, data management to regulatory compliance. Yes, it is all those things, but it is a lot more. Blockchain technologies record trades, transactions or simply items we never want to disappear, allowing everyone in an ecosystem to keep a copy of the common system of record.