Calculate and Tracking Your Return On Marketing Investment How To Calculate Return On Marketing Investment: Calculating how many new sales acquired by your advertising is known as ROI on Marketing or Return on Marketing Investments. Advertising is generally very costly and not many companies deal with unlimited marketing and advertising budgets. If you are like … Read more
How To Create Weekly Report: Weekly reports normally are supposed to show status of the specific initiative, process, activity or project. As a result, in business we use weekly reports like weekly project report, weekly HR report, weekly process report, weekly manufacturing report, etc. In addition, based on our recent survey of our Excel Dashboard … Read more
Allocating Manufacturing Overhead Costs plus ABC Costing Examples and Templates How To Allocate Production Overhead Costs: Under the recognized accounting concepts or GAAP – production overhead should be allocated to every unit created. Production overhead is costs that are associated with the production of goods that cannot be instantly allocated to specific unit or product. … Read more
Excel Dashboard Examples: Operational Dashboards Operational Dashboard Examples Excel: Tracking your organization’s performance and measure how effective your operations are running can be done by using the operational dashboard. This tool can help you to visualize your different operational performances and processes. Panels and reports are usually the main characteristic of what an operation dashboard … Read more
How to Create Monthly Budget Excel Template Monthly Budget Excel Template: Excel can be a really useful tool if you know how to use it correctly. Once you’ve been through all the hard work that it takes to learn the main aspects of it which can get quite tedious. It’s like you’ve opened the Pandora’s … Read more
How To Decide on your Lowest Inventory Levels based on your Inventory Lead Time Fact is that businesses should store all the inventory, which might with time include defective or out of date products. Because of the total inventory costs included in managing and holding the inventory, an organization would like to keep the lowest … Read more
How to Use Lean Manufacturing And Six Sigma Manufacturing Approaches.. Lean manufacturing and six sigma are techniques to minimize costs and make improvements to quality in production. Even though lean manufacturing and six sigma will be preferably ideal for production, those methods could be used over an array of market sectors, such as healthcare management … Read more
Balanced Scorecard KPIs Examples Reports Balanced Scorecard Key Performance Indicators Examples: The balanced scorecard is a tool you can use in your organization to monitor performance against your company’s strategic goals. Furthermore they can help you to improve your organization’s performance by looking at performances that matters and analyze the ones that are currently having … Read more
Setting Effective HR Goals and Objectives: A Key to Success The human resource department plays a vital role in any organization, responsible for managing the most valuable asset: employees. As a Human Resource manager, setting clear goals and objectives is crucial to developing strategies that impact daily HR activities and ultimately contribute to the company’s … Read more