September 18, 2022

What is an Example of a Credit Policy?

Giving your customers credit is like lending them cash. Internal control should include credit policy and processes just like it covers how cash is handled.
July 11, 2022

What are the Factors to Consider When Improving Business Processes?

Taking a look at — and improving — your business processes can be daunting. It’s complicated to harness the massive amounts of data constantly collected from customers, clients, and colleagues to see if your processes are working. What are the factors to consider when improving business processes?
May 12, 2022

What are Examples of a Lean Company?

Process improvement in a lean system is driven by the employees and NOT management.
March 21, 2022

How Can Merchandising Increase Sales?

If you’re like most business owners, you’re always looking for ways to increase sales and productivity. One of the best ways to do this is through effective merchandising. By using the right display racks and fixtures, you can make your store more organized and attractive to customers. This will help encourage them to buy more products and boost your bottom line! In this blog post, we will discuss some tips on how to get the most from your retail store through effective merchandising. How can merchandising increase sales?
March 10, 2022

What is an Example of Streamlining a Business?

Efficiency and productivity go hand in hand, so it is worth reviewing some of the core policies, tools and operational processes within your business if you want to bolster both of these aspects. What is an example of streamlining a business?
January 26, 2022

How to Create a Lean Competitive Advantage

A lean competitive advantage comes from mastering lean.
December 14, 2021

How to Successfully Run and Improve Your Business

When you are running a successful business, you are constantly facing the challenges of making the right choice, which is often based upon certain risks and educated guesses. Still, it is always safer when you know the pros and cons of every decision! The most efficient solution is to improve your education all the time and embrace all the latest as you cleverly analyze the options and still stand for what you believe in! Read about how to successfully run and improve your business.
October 13, 2021

What are Six Effective Tips to Make Your eCommerce Business Thrive?

As a result of the well-known events of the past year, which entailed significant economic shocks and transformations, the opportunities for online growth of the e-commerce market has intensified many times over. The previously observed vigorous movement of business towards mastering and developing its brand on the network has become even more active due to the pandemic. What are six effective tips to make your eCommerce business thrive?
September 22, 2021

How Do You Use the Theory of Constraints?

Do you know how to use the Theory of Constraints (TOC) to drive your performance higher than either Six Sigma or Lean Thinking combined?