THE ART BEHIND A CYCLICAL INVENTORY SYSTEM

THE ART BEHIND A CYCLICAL INVENTORY SYSTEM

Cost Benefit Analysis should be the driving force when speculating. There are many different methods available to manage inventory. The most effective will always involve attention to detail, offer a precise accounting of the volume at any given point in time, and...
Break the Crystal Ball: Consult the Business Intelligence Software

Break the Crystal Ball: Consult the Business Intelligence Software

Have you ever gone to a psychic or a gipsy with a magic crystal globe to see your future? No? But you must have seen it on TV or in cartoons at some point in your life, so you know how the story goes. The globe reveals the future and provides a guide on what’s to come...
HOW TO DEPARTMENTALIZE FINANCIAL STATEMENTS?

HOW TO DEPARTMENTALIZE FINANCIAL STATEMENTS?

With smart break-downs, everyone’s job is easier. Insight: Many organizations struggle to gather and process their financial information because they utilize only one system to process every transaction. The following flawed system represents for example, the usual...
DEVELOP EFFICIENT QUALITY CONTROL STANDARDS

DEVELOP EFFICIENT QUALITY CONTROL STANDARDS

Quality Control Standards (QCS) ensure excellence in the delivery of products/services. With strong QCS, a company will remain competitive and grow its consumer base, and therefore develop a strong brand. The reason why many companies do not favor a complete...
Big Data

Big Data

Big data is still data, but it is large or massive. It is a collection of data that is complex, massive in size and continues to increase with time. It is challenging to process big data if a person or institution uses traditional methods. Due to its size and...
Artificial Intelligence

Artificial Intelligence

Artificial intelligence, is machine intelligence. Unlike that of animals or humans, Artificial intelligence is anchored on human innovation, creativity, the invention as well as knowledge. These machines are programmed to think and process data like humans. These...