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 →

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…

Continue reading →

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…

Continue reading →

expert knowledge

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

Effective management of the sales department of the enterprise.
Forecast revenue from sales of products for the item position is equal to the product of the forecast of the average consumer demand for the company's products and the plan…

...

Effective management of the sales department of the enterprise.
Based on the fact that the highest goals of the company's business are the optimal increase in net profit, positive net cash flow and increase in the market value of…

...

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,…

...