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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Effective credit policy
If your business does not improve, it will certainly deteriorate. Continuous improvement process means that you constantly find ways how to do your business better, faster and not as competitors…

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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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Modern enterprise logistics and its functions
To begin with, how to determine the level of development of its logistics achieved by a specific enterprise, since the article will deal with the logistics of a modern enterprise.…

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conclusion that accurate

Principles of consulting.

Philosophical history
Any business as a living organism. Can a company successfully develop on its own? You will say that it is real. And the man? It is not known what would happen if he did not know how to heal. And doctors successfully help him in this.
In the business environment, however, this is consulting, a service that has arisen according to the law of supply and demand. The emergence of the first consulting firms contributed to the development of the “Theory of Scientific Business Management”, which originated in the second half of the 19th century. The main postulate of this theory can be formulated as follows: “Using observations, logic and analysis, we can optimize most of the operations and business processes, making them more effective to carry out”.
Wikipedia calls Arthur D.Little in accounting, and Buuz Allen Hamilton in management consulting as the first consulting companies. By ecumenical standards, one and a half centuries is quite recently. Continue reading

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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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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