Resources

How to Improve Inventory Turnover Rate? Inventory turnover can be a way of measuring how many times inventory turns in to sales within a time period. The formulation will be cost of goods sold (COGS) divided by average inventory for that period of time. Typically, the more rapidly the items sell, the more effective and … Read more

Monthly Personnel Reviews Monthly personnel review is really a highly effective managing tool with regard to monitoring personnel activities plus effectiveness. In the event that an organization’s personnel handles the right subject matter within their reviews, supervisors can get a precise snapshot of the time allocated to different activities, precisely how effectively workers tend to … Read more

Business Plan for Non Profit Business plans are necessary in any organization that is serious about being competitive and becoming successful. It helps to show investors the roadmap of how your company will operate and achieve success. Non-profits are no exception when creating a business plan. Despite the fact that you are not going to … Read more

Download Balanced Scorecard Strategy Map Templates You can reap a lot of benefits by taking advantage of using a balanced scorecard. It’s a tool you can use to manage the different areas of your organization’s performance over a period of time. So you are going to basically set goals and objectives. Create metrics to track … Read more

Internal Business Process Examples for Balanced Scorecard Development Using a balanced scorecard in your organization can greatly improve your day to day results. For those who are new to balanced scorecard. It’s basically a tool you use in your organization to help manage its performance in 4 main categories. These are Financial, customer, internal business … Read more

Characteristics of Good Management Reports Whenever you create a management report, consider the topic in front of you. Details within the management report must be correct, specific and useful to the users. Any time reading through management reports to get a further knowledge of a situation, a good managers should never need to search through … Read more

Product Life Cycle Management Goals and Strategies In the same way people have a very defined life cycle starting when they are born and ending at death – products in addition have a defined product life cycle. With regard to products and services, life cycle includes launch, development, maturity and decrease. The manufacturer advertising and … Read more