For start-ups that have inventory, managing that inventory becomes the most important part of your new business. It’s far from exciting, but it’s how you make a profit. It’s also more complicated than it looks. Read more
If your sole focus is on growth in sales volume or revenue, rather than improving cash flow … well, it shouldn’t be. While the first is an effective means to improve inventory turnover, it’s the latter which will determine if you can keep the doors open and the customer shipments rolling. Read more
Procurement managers face complex challenges to control spending while purchasing a varied group of supplies and services for company projects. Carving out a cost-saving strategy must involve a continual upgrading of procurement policy based on evolving financial information.
CERT-UK, the UK National Computer Emergency Response Team, has published advice which aims to help businesses better understand the risks of cyber-security in supply chains. Read more