With the advent of globalization, supply chain and logistics management activities has become more important to the business companies worldwide. Today, there are growing practices of outsourcing and off-shoring by medium and big corporations to maximize their profits with plans implemented for cost savings which improve customer satisfaction. When globalization brings huge opportunities for business […]
Read More
There are two ways to make profit in a business; by increasing the price of the products or by cutting down the costs while maintaining quality. While the first approach might seem attractive, if employed, it usually results in reduction in sales over a long period. This approach can still be employed if your business […]
Read More