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Recent Posts Tagged With 'business acumen 101'
12 Ways to Manage Working Capital - Business Acumen 101
Today we look at 12 ways to manage working capital. These methods can be used internally by managers looking to improve their productivity or unit performance. Externally, B2B sales people can look for ways their products or services can produce thes...
Managing Freight Costs - Business Acumen 101
For several days we have been looking for ways to cut costs. These methods can be used internally by managers looking to improve their productivity or unit performance. Externally, B2B sales people can look for ways their products or services can pro...
Cutting Purchasing Costs - Business Acumen 101
Today,we continue to look for ways to cut costs. These methods can be used internally by managers looking to improve their productivity or unit performance. Externally, B2B sales people can look for ways their products or services can produce these a...
Cutting Production Costs - Business Acumen 101
Today is the start of several days of looking for ways to cut costs. These methods can be used internally by managers looking to improve their productivity or unit performance. Externally, B2B sales people can look for ways their products or services...
Understanding Inventory Velocity - Business Acumen 101
One of the most important keys for a company’s profitability and cash generation is Inventory Velocity. If you understand this relationship you will be on your way to financial success. So what is inventory velocity? “Inventory Velocity -...
Business Acumen 101 - The Effects of Positive Cash Flow
Yesterday, I discussed the impact of negative cash flow and how it can create major disadvantages to an organization of any size. The effects of a negative cash flow can range from a loss of competitiveness to placing a company in bankruptcy court. T...
Business Acumen 101 - Cash is King
In the world of Business Acumen or how money is made - Cash is King. In fact, the generation of cash is the most critical element for organizations. Every small business knows this and in this economic downturn some of the largest companies in the co...
