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In CNBC’s The Profit, Marcus Lemonis invests his time and money to turn around struggling businesses. The reasons for each business’ lack of success cover a range of bad business practices. However, the show’s second season (particularly episodes in the second half) pointed to bad inventory practic Read More

For many retailers, Black Friday is a hectic mess of organizing, planning, and logistics. Whether a store’s Black Friday sales are successful is highly dependent on preparing prior to the rush — and each year there is more to accomplish before doors open. In 2012, Black Friday shopping hit a recor Read More

Most companies have a better chance to profit and satisfy customers when inventory managers develop an effective and efficient inventory management strategy. The right strategy ensures access to the right products, and it also helps control costs associated with buying and storing goods. Understand Read More

Considering going back to school? According to Bloomberg Businessweek, supply-chain management is one of the hottest tickets in B-school. The importance of a properly managed supply chain shouldn’t come as a shock. Read More

IBM reports that 54% of Chief Supply Chain Officers will be optimizing their inventory management to help control and reduce costs. To accomplish this, they’ll demand increased visibility and more robust business intelligence derived from all aspects of the supply chain. Read More

Regardless of how much money some of these jobs pay, the thought of working them leaves plenty of Americans shaking in their boots.

From standing up in front of a crowd and telling jokes to spending the day working with deadly diseases, a number of jobs are just too scary for some employees to e Read More

64 percent of small business owners, who took part in a recent study conducted by a University of Cincinnati criminal justice doctoral student, said they have experienced employee theft . However, although more than half of owners indicated they’d experienced employee theft, only 16 percent reporte Read More

This isn’t the first time we’ve shared stories of inventory tracking nightmares—instances when improper inventory tracking led to scary situations—and it likely won’t be the last. Although a solid inventory tracking system is important, many businesses don’t have an accurate and efficient tool to k Read More

When the medical practitioners of North and South Carolina need laboratory diagnostics, they often turn to the blood and urine analysis services of Select Labs. Despite the advanced technology Select Labs used to ensure the accuracy of its analysis, it struggled with its monthly payroll services. W Read More

When people think of government grants, it’s likely their first thought is of grants for student financing enabling teenagers to attend college. However, there are many grants and sub-grants offered to businesses for a variety of reasons. Grants may be obtained to fund scientific and technology pro Read More