Inventory management has become a critical success factor in today’s retail. All businesses want to sell something to the customer who walks in the door and for this it is necessary to have what they are looking for. The stock of merchandise of a business is immobilized money, the more inventory a business has, the…
Reduce Costs With Retail Audits And Grow Your Business
Any company that produces FMCG (fast moving consumer goods) products faces the problem of finding information about the market as a whole and about its competitors. In the absence of this information, the company’s actions cannot be adequate to the conditions of the external environment. One of the main sources of information of this kind…
Learn More About The Importance Of Business Consulting
It is important to know more about consulting firms and how they operate, since they can lead a company to stay ahead, and also promote it to obtain the best results. Currently, we live in a world of constant change, innovation and entrepreneurship, so it is important not only to keep up to date, but…
The Changing Role Of Internal Audit During A Pandemic
The changed reality makes not only entire companies, cities, countries, the world change, it also makes us, ordinary people, change. The purpose of this article is to guide internal auditors to take action now, in response to the challenges that COVID-19 has posed for all of us. The acute phase of the COVID-19 coronavirus infection…
Role Of Audits In The Economy
Today, enterprises with various organizational and legal forms and various forms of ownership have the opportunity to independently organize the production and sale of any product, choose a wage system that suits them, methods of tax and accounting, and much more. But one should not think that the state does not exercise control over all…
How To Maintain Availability With Safety Stock After Covid-19?
While COVID-19 is a global health crisis affecting thousands of people around the world, significant economic impacts are expected to continue in the future. From a Supply Chain perspective, companies should carefully monitor demand and inventory to meet the loss of production as a precaution to future factory closures and economic recession. Most companies face…
How To Choose A Reliable Business Consulting Company: The Fundamental Points
In the current market context that is increasingly competitive and at the same time stressed by the economic crisis, companies rely on expert consultants when they have to make strategic, operational and organizational choices that are crucial for their survival and growth. Whether it is a short consultation or an extended path, the relationship between…
Retail Audit: An Important Element For The Smooth Functioning Of Companies
An audit helps to identify new and emerging market segments, outline prospects and assess the benefits of bringing new products to shelves, analyse new trends in changing consumer demand and activity. All this allows company executives to have a broad outlook, which in turn brings considerable bonuses and dividends in the competition for the hearts…
Business Consulting: The Useful Guide For Your Company!
Business Consultancy, a word that has been widely used in recent years, we read it everywhere, we find thousands of sites online, we hear about it on the radio, and very often we find ourselves in front of advertisements from unreliable consultants and improvised characters. This gigantic ocean of information leads the customer not to…
Effective Tactics To Improve Your Inventory Management
Essentially, optimized inventory management means having the right stock, at the right time, in the right place, and in the right quantity, to generate maximum sales, with maximum profits and maximum cash flow. Therefore, tracking certain metrics makes it easier to identify areas for improvement in inventory-related operations. Let’s see the key metrics: Stock rotation….