Whether your working from home, worried about the rising fuel costs, or want to reduce your carbon footprint saving electricity is becoming a priority for most of us. The good news is that there are steps we can take to reduce our electricity consumption quickly and easily. The experts at Compare the Market have put together a really useful guide FREE for you to download from the IoSCM website.
Whenever we hear the word “inventory” most of us imagine huge warehouses sitting right next to a big port or a production facility. Inventory is a much bigger concept than stock and warehouses. In simple words, inventory means company’s goods. Irrespective of whether these goods are raw materials or on the production floor or if they are ready to consume, these goods at all different stages is inventory. In this article we find out everything we need to know about effective inventory management.
Today is National Tea Day, the perfect opportunity to sit down with Britain's favourite brew in your hand and find out more about the production of tea and the supply chain that ensures we can keep our cupboards stocked with delicious blends. Sustainability in the tea trade is a key focus for many manufacturers and trade organisations as is the protection of Assam, the worlds largest tea growing region, from future climate change.
The stability and success of a company, regardless of its role in the market, depends on the quality of its team. If you are a recruiter or owner of a company, the strategic thinking that you must apply begins with building a high-performing team. In this article, we will explain how to achieve that goal. In this article, you will read tips and strategies to identify, train, and utilise the human capital talent necessary for the company. Never forget that investing time and resources in creating an excellent team is profitable for the company.
Procurement can be described as a strategic and process-oriented operation where not many calculated decisions are made. Traditionally procurement has been depicted as an essential record-keeping department to make sure that an organisation follows industry standards and lets the organisation be audited. An organisation’s Procurement operation is accountable for managing spending, and the activities can usually be divided into two categories; direct and indirect procurement. Let's take a look at the differences.
Responsibility for the environment lies with every individual and business. Therefore, it is so important to introduce environmental rules and habits into your daily life. Contrary to popular belief, this is not necessarily expensive or burdensome. Here are three simple ways to make your business greener.
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