Author: Dominic Vaiana

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7 types of waste businesses produce that we don’t know about

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When you run a business that makes or sells physical products, more waste means fewer profits—simple as that. Whether it’s excess inventory or redundant processes, manufacturing …

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7 types of waste businesses produce that we don’t know about

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When you run a business that makes or sells physical products, more waste means fewer profits—simple as that. Whether it’s excess inventory or redundant processes, manufacturing …

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Business shipping costs are going up. But do you really know why?

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Drayage is a shipping logistics term for transporting goods over a short distance. The term can also refer to the fee paid for such services, or …

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How to improve business efficiency in an economic downturn

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Improving business efficiency during a potential economic downturn might seem like an intimidating endeavor, but it boils down to primary objectives: maximizing your resources and minimizing …

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How manufacturing companies reduce waste & improve their bottom lines

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When you run a business that makes or sells physical products, more waste means fewer profits—simple as that. Whether it’s excess inventory or redundant processes, manufacturing …

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Start prepping now: Every important document you need for tax season

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Being a small business owner means wearing multiple hats. From CEO to social media manager — you can do it all. However, if you don’t have a solid …

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How to use inventory control to meet demand and maximize profits

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Inventory control is the practice of maintaining optimal stock levels at all times. This ensures companies can satisfy customer demand without overspending on excess inventory. Keeping …

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4 pandemic lessons that actually made small businesses stronger

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A supply chain strategy is a formal approach to managing the network between an organization and its suppliers. A supply chain manager usually develops this strategy …

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How to use inventory control to meet demand and maximize profits

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  Inventory control is the practice of maintaining optimal stock levels at all times. This ensures companies can satisfy customer demand without overspending on excess inventory. …

FeaturedMoneySmall Business

How to use inventory forecasting for your business

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  Inventory forecasting is the process of predicting how much stock a company needs to keep up with customer demand. These predictions are informed by market …

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How to use scenario planning to prepare for uncertainty

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  Scenario planning is a strategic planning process in which organizations envision different futures that may play out. By visualizing a range of future events, leaders …