Maintaining a competitive edge is vital to achieving sustainable success in business. Effective management of inventory and projects is just one of the levers a business can pull to achieve this kind of success.
At the heart of every successful business, are efficient management processes. One of the key processes is managing stock and inventory to ensure you know where your capital is tied up and what you can deliver and when for your customers.
Edward Fyvie, Tidy Partner, is a consultant who helps businesses assess and select the best system for their needs. Recently, due to changes in the Xero marketplace, he has been fielding more questions about evaluating and choosing a suitable system.
It will never happen to our business! In New Zealand, we recently experienced several large-scale storms over summer, while just over a decade ago, one of our larger cities, Christchurch, was devastated by an earthquake destroying many buildings.
Landed costs are the total costs of getting a product from your supplier to your business. In addition to the actual cost of the product, it includes all expenses associated with transporting and landing products through the supply chain to their final destination. It also includes certain mandatory compliance costs. Understanding and accounting for landed costs are crucial, especially with the rise of SMEs' involvement in global trade.
The FernMark Licence Programme is the Government's official ‘country of origin' accreditation programme. Displaying the FernMark on our products also indicates other areas of compliance such as being GST registered in NZ, having a substantial level of New Zealand ownership and number of employees, and that our company has been exporting for over 12 months.
It's no secret that worldwide, businesses are struggling, in a highly inflated market, to keep their prices low and their operating costs even lower. The consumers price index increased 7.3 percent in the June 2022 quarter compared with the June 2021 quarter, Stats NZ, said this month (July 2022).
To kick off this month's topic The changing nature of services, we seek to challenge readers' thinking on what differentiates goods from services. Is there really a difference? Many would say the differences are obvious, but you'll have to read to find out more
We opened the recent healthcare series of posts by looking at the shifting nature of patient outcomes, interoperability, and distributed healthcare. Incorporating all three of these topics, is the increasingly important healthcare process known as patient participation. With our final article for the month of April, we look at how past topics integrate into the patient participation process.