by THE NEXT STEP | Mar 17, 2022 | Operations
Procurement, Purchasing, and Supply Chain Management Overview The terms purchasing and procurement are often used interchangeably but have very different meanings. Both are related to supply chain management but play different parts in the process. For small...
by THE NEXT STEP | Mar 11, 2022 | Operations
As your business grows and evolves, you should continue to reevaluate your distribution strategy. One major part is deciding what kind of warehousing to use. When looking at warehousing, you have two main options: an internal warehouse or a distribution center....
by THE NEXT STEP | Mar 11, 2022 | Operations
Your company is pressuring you to reduce distribution costs, or your customers want more frequent orders and you need to optimize the distribution process. Regardless of the reason why, reducing distribution costs is among the most impactful ways to increase your...
by THE NEXT STEP | Jan 21, 2022 | Operations
Are you an entrepreneur who owns a small to mid-sized company? Has business growth reached a ceiling that is difficult to break through? The Entrepreneurial Operating System, also known as the EOS® Model™, was created by Gino Wickman to help businesses achieve their...
by THE NEXT STEP | Aug 4, 2021 | Operations
Importance of Identifying Business Problems Identifying business problems is an essential part of the operations process. Problems in any area can have a significant impact on your entire organization. The goal of identifying and solving problems should be to improve...
