Organisation, analysis, and the planning of various company operations are just some of the broad scope of business management. And to effectively run or manage a business, it is important to keep up with the latest trends and utilise research studies that have collected empirical data to support their claims. Here are some findings focusing on the leadership and staffing aspects of business administration that will be helpful as you strategise and plan for the months ahead.
To stay competitive in the global market and remain on the cutting edge of the complex business world, most companies turn their face to information technology (IT) in their supply chain management system. With 75% of companies facing disruption in their supply chain because of the COVID-19, companies need a rock-solid IT management system that helps overcome their supply chain resiliency.
Whether your working from home, worried about the rising fuel costs, or want to reduce your carbon footprint saving electricity is becoming a priority for most of us. The good news is that there are steps we can take to reduce our electricity consumption quickly and easily. The experts at Compare the Market have put together a really useful guide FREE for you to download from the IoSCM website.
Whenever we hear the word “inventory” most of us imagine huge warehouses sitting right next to a big port or a production facility. Inventory is a much bigger concept than stock and warehouses. In simple words, inventory means company’s goods. Irrespective of whether these goods are raw materials or on the production floor or if they are ready to consume, these goods at all different stages is inventory. In this article we find out everything we need to know about effective inventory management.
Today is National Tea Day, the perfect opportunity to sit down with Britain's favourite brew in your hand and find out more about the production of tea and the supply chain that ensures we can keep our cupboards stocked with delicious blends. Sustainability in the tea trade is a key focus for many manufacturers and trade organisations as is the protection of Assam, the worlds largest tea growing region, from future climate change.
The stability and success of a company, regardless of its role in the market, depends on the quality of its team. If you are a recruiter or owner of a company, the strategic thinking that you must apply begins with building a high-performing team. In this article, we will explain how to achieve that goal. In this article, you will read tips and strategies to identify, train, and utilise the human capital talent necessary for the company. Never forget that investing time and resources in creating an excellent team is profitable for the company.
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