The Right Software Can Minimize the Risks of Outsourced Manufacturing

Outsourcing is the common practice of contracting out business functions and processes to third-party providers. The advantages of outsourcing are often substantial – from cost savings and efficiency gains to a more significant competitive advantage. Both well-established companies and startups... more...

Tips to enhance income during a Crisis

Tips to enhance income during a Crisis

As I write this, we are neck-deep within the COVID-19 pandemic and therefore the depression that comes with it. We business owners got to confirm that our businesses not only survive this crisis but find ways to thrive. This at now in time, means having cash readily available. For small businesses,... more...


7 Actions Manufacturers got to Take Now

7 Actions Manufacturers got to Take Now

In the early months of 2020, the COVID-19 pandemic prompted wide-sweeping shutdowns and shelter-in-place orders across the world. Now, as parts of the country look to start out relaxing these strict measures, small business owners got to believe what’s next and the way they’re going to... more...

What is logistics?

What is logistics?

Logistics is widely known as the process of coordinating and moving resources such as equipment, food, liquids, inventory, materials and people from one location to the storage of the desired destination. It was originally a military-based term that was used to describe how the military force... more...


What is Gross Profit?

Gross profit is that the profit a corporation makes after deducting the prices related to making and selling its products, or the prices related to providing its services. The gross profit margin will appear on a company’s earnings report and may be calculated by subtracting the value of... more...

3 Concepts for SAP Beginners

3 Concepts for SAP Beginners

What is SAP? SAP stands for: Systems Applications and Products in processing SAP began on a path that might not only transform the planet of data technology, but also forever alter the way companies do business. Now 44 years and approximately 300,000 customers stronger, quite ever, SAP is fueled by... more...


What are the Benefits and Drawbacks of ERP SYSTEM?

What are the Benefits and Drawbacks of ERP SYSTEM

Enterprise resource planning (ERP) is business process management software that permits a corporation to use a system of integrated applications to manage the business and automate many back office functions associated with technology, services and human resources. Before we get into the small... more...