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…

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How to draw a Springer Spaniel?
Learn what is first needed in business to maximize net profit.
Learn and learn what is needed in business. In the article “Who needs effective stock management, and why,” a non-fiction story was told about the low efficiency of an industrial…

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Who needs efficient stock management and why?
Effective inventory management is a significant tool for increasing net profit, positive net cash flow for an average and large enterprise producing tangible products. What happens if you think and…

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Basics of Effective Entrepreneurship
How does optimal stock management and effective inventory management compare? Optimal inventory management is SKU inventory management that meets any criterion (rule) of optimality, i.e. the best fit rule. The…

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Effective credit policy of the enterprise
Why is there a need for an effective credit policy? Due to the high level of competition in the food market, the situation is such that in order to increase…

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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,…

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