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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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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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 activate the employee. Motivation through communication
And capable, and hardworking, and the company loves, and has long been working ... The employee, who wants to see the majority of managers. An employee with whom there are…

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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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Enterprise management must be able to generate profits and money
Responsibility for the financial condition of the company lies with the CEO and functional directors of the company. They must be able to generate profits and money. "Igor Chugunov's Business…

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