Meticulously computing inventory sounds like a laborious, time suck that no one looks forward to. Yet over and over again, we see proper inventory management as the key to business survival. Just take a look at Ralph Lauren’s recent colossal profit decline of 50 percent in the past two years all because of a lack of inventory control. Or Walmart’s $3 billion going down the […]

he coronavirus has been one of the most damning events to happen to the United States stock market in its history. The virus, which began in China, has so far infiltrated every aspect of the world and it continuing a rampage. Governments have been forced to issue stay-at-home orders across countries. This means that companies are unable to perform at their full capacity, and more […]

In today’s global market, companies routinely face obstacles when attempting to broker sales in different languages. Differing currencies can create sales headaches, but language barriers can be an even greater impediment to securing agreements. Fortunately for us humans, our computer colleagues have been speaking the same language for decades, and it’s how a vast majority of business is conducted around the world every day. Electronic […]

Companies whose operations heavily rely on manufacturing have good reasons to be optimistic. The manufacturing industry is currently experiencing a bullish trend. June saw the US Manufacturing Index reach a 16 month high. The index posted an increase of 1.9 points and the new order index is up 1.3% from May. With the export index at its highest level since November 2014, companies that manufacture […]

Brands are constantly on the hunt for the newest way to personalize their customer experience. These days, it’s so imperative to treat your clients as individuals, not a part of a vast marketing segment. In fact, about 60% of consumers expect a tailored experience, according to a recent Salesforce study. Brands need to customize everything along the customer journey. One unique tactic that some brands […]

When selling a business, the receipt of offers is one of the most exciting stages in the process. It is vitally important, however, to fully understand the technical language used in these offers and the implications this will have on the value that the vendor ultimately receives. This article will walk through the key technical terms used in the vast majority of offers for a […]

Due to COVID-19, in just a few months, millions of people lost their jobs and applied to be on unemployment. In April 2020, the U.S. Bureau of Labor Statistics reported the unemployment rate peaked at a staggering 14.7%. In order to help a significant number of people who were financially devastated by the coronavirus, the government made it fairly easy to qualify for unemployment. As […]

Many companies are hesitant to sign with wholesale distributors at first, probably because of the many myths that are circulating out there about what it’s like to work with them. It’s time to reveal the truth behind these common myths about working with distributors: Distributors just take orders. Some businesses mistakenly believe that distributors simply call upon retailers and write down their orders. “How many […]

The COVID-19 pandemic is not only a public health crisis, but it is also an economic one. In the three months since lockdown measures have been put in place, over 14 million Americans have lost their jobs and even more have had their hours reduced. If you’re one of those people affected by the Pandemic and have either lost your job or seen hours reduced […]

Agile Transition—TL;DR A hands-on, practical guide on how to kick-off an agile transition: Embrace the agile mindset and scale your engineering and product organization to harvest your organization’s full potential. How to Kick off Your Agile Transition: Scrum Team