What is Supply Chain Strategy?

What is Supply Chain Strategy Organizations that are serious about being competitive and gaining market share for the long term should ensure that they develop a well thought out supply chain strategy. A lot of persons tend to get confused about what is really a supply chain strategy. For those of you who don’t what … Read more

Business Objectives Of Inventory Management

Main Business Goals and Objectives Of Inventory Management Inventory management is important for business to achieve success. Excellent management of the business inventory decreases extra inventory and makes sure that you’ve enough product available to fulfill demand. Create inventory management intend to organize ordering and minimize time wasted on inventory management. One of objectives of … Read more

How to Assess Employee Performance

How to Assess Employee Performance and Track Them With KPI Reports… Employees are important in any organization; they are usually the backbone behind your company. It is necessary for managers and executives to make certain that they’re employees are always performing at a high level. Unproductive employees always tend to slow down an organization’s progress. … Read more

How to Create an Excel Dashboard

How to Create Excel Dashboard Report Excel is one of the most used programs in the business environment. Ever since it was created the business community did catch on to it quite easily, opened its Pandora Box and find a wide range of features. One of the most useful tools you can create in Excel … Read more

KPIs for Human Resource Manager

KPIs for Human Resource Manager HR key performance indicators are an important tool that can be used in any organization. They are used to track and measure your different business operations to make certain that they are performing properly. They can also be used to put metrics in place to help measure the different goals … Read more

Marketing Plan Situation Analysis Examples and Templates

Marketing Plan Situation Analysis Templates, Downloads and Examples The main results of the marketing plan will depend on solid and also precise data. Reliable data is actually acquired by creating a marketing plan situation analysis, that is important element involving setting up your own company’s managing climate. The marketing plan situation analysis incorporates the main … Read more

Simple Way to Gauge KPIs

The Right Way To Gauge a KPI for Management Reporting KPIs will generally be the metrics a company uses to monitor if it achieves the objectives as well as targets and goals. Every KPI has its group of measuring requirements it should fulfill to get measured as acceptable achievement vs a failure. KPI could as … Read more

How to Calculate Overhead Rate Depending On Direct Labor Costs

Simple Way to Calculate Your Overhead Rate Based On Your Direct Labor Cost Direct labor cost will depend on the quantity of hours worked and also the average rate per hour for labor straight active in the produce of goods. Overhead expenses are indirect costs, for example admin and also quality control. The main price … Read more

Cost Control Techniques in Project Management

How to Control Costs in Project Management Cost Control Techniques in Project Management: When you control cost within your project it will make certain that your project is created within your budget. There have been many times where business projects cost went out of control, due to a poor cost control system. It could’ve easily … Read more