What does “effective inventory management” mean?
Let us analyze this phrase in parts: stocks, management, efficiency. Inventories (stocks - eng.) - these are the supplied raw materials, materials, components, work in progress from them, finished products,…

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Business management must begin with accurate demand forecasting.
Without the use of mathematical methods of accurate and high-precision demand forecasting, it is impossible to provide high-quality solution of managerial tasks for the optimal increase in net profit, positive…

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What does “effective inventory management” mean?
Let us analyze this phrase in parts: stocks, management, efficiency. Inventories (stocks - eng.) - these are the supplied raw materials, materials, components, work in progress from them, finished products,…

Continue reading →

inventory management

SUPPORT FOR PRIVATE INVESTMENT INFRASTRUCTURE

The current crisis has shown businesses and politicians that betting on speculative operations and inflating the market cannot be a long-term development strategy. The future of Ukrainian business in the transition to a post-industrial type economy, dominated by services, high technology and infrastructure. Such changes require a system of incentives for venture investments, which play an important role in ensuring the country’s competitiveness. It is no coincidence that states with a developed venture capital market (USA, Japan, Germany, UK) act as the largest exporters of high technology products. In these countries, a key role in the search and development of high-risk startups belongs to associations of private investors, the so-called business angels. If we evaluate the volumes of venture investments, then the investments of private investors there exceed the volumes of large institutional investors. Continue reading

INVESTMENTS IN UKRAINE: FAVORABLE, BUT TOO TOO RISK

Investors are withdrawing assets from Ukraine, because over the past two years it has become difficult and dangerous for them to work here. Even such a dedicated partner to Ukraine as the EBRD can reduce the amount of investment. The Ukrainian government calls the creation of a favorable investment climate one of the priorities of its activities. In particular, the Cabinet of Ministers regularly reports on the simplification of bureaucratic procedures for business. However, innovation does not make Ukraine more attractive to investors, criticized by experts interviewed by DW. “Over the last two years the investment climate in the country has deteriorated significantly. First of all, this is due to the deterioration of capital protection. Continue reading

Improving the company’s business processes

What is a company (enterprise, organization, institution): a set of structural units (departments, divisions, bureaus, workshops, sites, services) or a set of business processes? Of course, both. However, looking at a company as an aggregate of business processes and managing them has significant advantages in a competitive environment for better and faster customer satisfaction, which are not only consumers of products (finished products, goods, works, services), but also company owners, suppliers, staff. Thus, those interested in improving the organization’s business processes are its owners, personnel, consumers, suppliers and the state, who are the “joint-stock” groups of the organization, and the company’s ability to survive in a complex, demanding and changeable environment and to achieve the goals for which it was created. Continue reading

REORGANIZATION: A WIZARD OR KAMIKADZE IS REQUIRED
The company N. was formed. Almost perfect conditions at the start. The company has a separate line in the country's budget for the purchase of resources from producers. Delivery by…

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Accelerate your business, become a leader!
At different stages of the life cycle of an enterprise, they face complex business problems which require highly qualified specialists in a particular field of activity. But just to attract…

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Professional assistance in conducting financial consulting - an overview of the TOP-3 service companies
The market of consulting services in Russia and the CIS has not yet reached the international level of development. Half of Russian businessmen do not know what professional consulting is…

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