Do You Measure The Real Cost Of Sales
Feb26

Do You Measure The Real Cost Of Sales

Or Take The Figure The Accountants Work Out? Cost Of Sales Simple right? How much does your organisation spend on stock. It’s more or less the cost of your stock related to the bill of material for the item in question. Isn’t it? Specifically stock for direct resale or component stock that’s part of your manufacturing process. The question is, do you really know much do you spend on it? I’m going to make a...

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Supplier Controlled Line-Side Stock Replenishment
Feb03

Supplier Controlled Line-Side Stock Replenishment

Overcoming The Delivery Issues Just In time ordering, processing and delivery seems to pull constantly on small businesses. You feel you should implement JIT (Just in time), of course you want to, but is it something you can implement with your current control system? Pushing this question a little further, how about foregoing componenet storage for many of your smaller or “C” class lineside items altogether and...

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Obsolete Stock As A Simple Gauge Of Storage Efficiency
Jan26

Obsolete Stock As A Simple Gauge Of Storage Efficiency

I’ve heard it said at meetings with business owners “If I expanded I’d need more warehouse space” or perhaps “The cost of holding extra inventory almost makes expansion a none starter” or words to that effect. It never pays to contradict a potential client’s point of view straight off the bat, so the thing to do here is to nod in agreement. Maybe some kind, sage words regarding the value of...

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Bar Codes – A Stock Control Revolution
Jan12

Bar Codes – A Stock Control Revolution

The industrial revolution brought with it a number of first world issues. Once goods were created and shipped in large numbers the issue of accounting for them soon became apparent. The problem of quickly identifying large numbers of items with variable units of measure seemed one that could only be solved through some level of automation. Shining A Light On The Bar Code Problem The food industry was the first to move towards a...

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Cash Flow Vs Inventory Levels
Nov06

Cash Flow Vs Inventory Levels

For many businesses, balancing inventory levels and cash flow can be a real challenge. With a huge amount of uncertainty in both supply and demand, businesses rely on their inventory to absorb challenges in the market place. However, simply keeping large inventories of every item is simply not an option. Considering the financial restraints on cash flow, Businesses have to take a strategic approach to their inventory management....

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Supply chain management: the sad reality of modern day slavery
Oct10

Supply chain management: the sad reality of modern day slavery

Despite being abolished over 150 years ago, it seems slavery not only still exists but is thriving. In the last year alone, a number of businesses have received fierce criticism over claims of wide spread exploitation including accusations of forced and child labour. Given that recent reports suggest that enslavement is rife across modern supply chains, the true extent of the issue is yet to fully emerge. Modern slavery in...

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