Certain types of goods require certain and sometimes strict storing requirements. I would assume that you’d already be knowledgeable of this when you started in your business, however it doesn’t hurt to repeat here some of the considerations. Not just that, but there are also types of goods that require to be transported by only […]
In your everyday business, in your everyday production you no doubt understand the need for certain levels of stock. You’ve got your orders coming in and as they come, you can see what you need more often and what’s left standing for a longer period than you’d expect. Those moving positions are what you need […]
Supplier bonuses are pretty useful things if you can negotiate those with yours. Primarily they help you reduce your cost for materials you’re using, for services you’re buying and so on. (more…)
Materials in production are what the finished product consists of. Materials and time spent on putting them together. In production you use two types of materials – those that the product mostly consists of and side materials to help you to put the product together, i.e. glue, screws and so on. When we talk about […]
A key thing to remember with payment terms to your customers is that don’t ask less than what you yourself are given. If your suppliers ask for 10 days to pay up, so should you. Or at least consider it before opting for longer payment terms with your customers. (more…)
Bonuses paid to customers are in some industries more common than in others. For instance where it’s often seen is with wholesale merchants and manufacturers. They drive on quantities since it gives them efficiency when we talk about manufacturing and better deals when we talk about companies who buy items in bulk to wholesale them […]