Earlier this year, a survey by the National Association of Manufacturers (NAM) revealed that manufacturers were expecting that the pandemic would have financial and operational repercussions. It did, and now manufacturing companies are also facing supply chain disruptions and a whole host of other unique problems. Keeping Up with Demand-related Issues Despite the global pandemic,
For many people, working from the comfort of their own homes is the perfect work arrangement. They get an extra hour of sleep because they don’t have to beat the rush hour traffic every morning. Pajamas become their go-to office attire (unless they have a video conference meeting!). And now, with the COVID-19 pandemic still
Never in the history of man has digital transformation become so pervasive. Indeed, the “new normal” has pushed man to harness the internet like never before. You could say it’s a bad thing. For the street vendor who just wants to earn his keep by selling your fave tacos and lasagna in the city park,
It may not seem like it, but learning mathematics in school will be useful in your daily life. Numbers are all around you. From the money you spend to the distance you travel and the sports you watch, everything is governed by the laws of mathematics. So, encouraging children to learn mathematics is necessary for
If you love beer lover, then you probably have an idea of what you want in a beer. If no brand on the market meets those needs, then you potentially have a product right there. Going from beer drinker to beer maker seems complicated, but it is possible nowadays. If you want to take that
Those in the manufacturing and retail businesses know just how crucial having an efficient product flow is. For a business to be successful, one should not limit themselves in offering the right products to the right audience and having a smart planogram. One crucial factor that can also affect your bottom line is your product flow.
Statistics show that retaining an existing customer is much easier and more cost-effective for businesses compared to attracting and gaining new customers. The probability of selling to an existing customer is high up to 60-70%, while the possibility of selling to a new customer is only 5-20%. This says a lot of what businesses should
All business owners understand just how important employee productivity is in the workplace. You may be working hard to boost the productivity levels of your employees. But if you fail to pinpoint the trouble spots present, then all your efforts will go down the drain. Each business has different pain points. A company leader’s job
Developed countries have long identified the industrial sector as a primary driver of increasing carbon emissions. In the modern business environment, our perception has steadily shifted to focus on corporate social responsibility and doing the right thing as a business to become sustainable. However, in your efforts to implement green practices at your manufacturing business,
You’re scouting around for business VOIP service providers such as Lingo Communications for your English lessons online enterprise. You now have a pool of 15 teachers, teaching Japanese, Chinese, and Korean students. The new telephone system will be a cost-saving initiative. You will be handing over to Jenny, your headteacher, the reigns for the time being as