Increasing profitability through inventory management
Management education expert Ashok Rao believes that companies can increase their profitability 20 to 50 percent or more through careful inventory management. - The 4 Essential Elements Inventory, Entrepreneur Magazine, Feb 27, 2013 An increase of 20% – 50% in profitability sounds pretty good, doesn’t it? The article outlines the four elements: Maintaining... Read more...
Going global?
Today, the question isn’t whether or not to go global, it’s when to do it, where to start and how to do it right. If you don’t want to do it and you have a good brand or product, someone else will do it for you. There are plenty of opportunists that would be happy to take your idea or even a replica of your product into a new market, especially... Read more...
Software for Inventory Management
If your business is like most, you are in need of additional inventory control & business management capabilities - marketing, sales, purchasing, manufacturing, inventory management, order fulfillment and consolidated reporting – and, they need to all be in one system. ACCTivate! software for inventory & business management delivers these... Read more...
Mid-market CFOs more positive on U.S. economy and business performance
According to a 2012 survey of nearly 500 CFOs of U.S. middle market companies, things are improving… 94% expect the U.S. economy will grow or be stable 87% anticipate their industry to grow or be stable 91% expect company revenues to grow or be stable 74% are planning to hire 81% see stable or improving profits Source: G.E. Capital, Fifth Bi-Annual... Read more...
Workflow management
Workflow management two words that can result in many for your business… Visibility. Efficiency. Consistency. Streamlined. Profits. What is workflow management? Workflow Management provides oversight of business processes for companies of all types and sizes. From order fulfillment to tracking work in progress,... Read more...
Forecasting sales and inventory needs accurately
Managing inventory begins by making sure you have enough of the right inventory on hand, without having too much, to fulfill sales when sales happen – which can vary depending on trends and seasonality. Optimizing your inventory is critical to the success of your business Most businesses have a significant, if not the largest, amount of their... Read more...
When QuickBooks just isn’t enough: ACCTivate! in Action with Teko® Socks
Founded in Boulder, CO in 2004, Teko LLC built their company around the idea of making premium performance outdoor socks with the least possible environmental impact. Today, Teko still “strives for balance between people and planet,” with sustainability driving every aspect of Teko, from product sourcing through production and packaging,... Read more...
