7 Precautions for a Profitable Layaway Program
Despite the continuous changes in technology, retailers are reverting to a sales and customer-loyalty practice that was prevalent in the 1950s.
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Category: Operations
Why Kaizen Philosophy Works for Business and Public Sector
Lean thinking has become imperative for business and government. Budgets are strained, but pressure continues to mount for better customer service. The bottom-line: Both the private and public sectors need to save time and money while providing exemplary service – with existing resources. This requires major changes – often culturally.
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8 Strategies When Sales Drop and Costs Cut into Your Profits
If your sales are down and costs are hurting your profits, you’re not alone. The irony is you can do something about it — with these eight tips.
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13 Management Tips to Solve Employee Absenteeism (and Your Migraine)
Absenteeism causes migraines for a lot of bosses. Obviously, your company will make healthier profits, if you don’t have an absenteeism problem.
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How Your Supply Chain Can Help You Make Customers Happy
A company that fails to meet customer expectations on store inventory and delivery has problems in supply chain management. Such a company minimizes its profits. Worse, it’s a red flag about competitiveness and long-term sustainability.
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