Average Inventory Formula, Use & Challenges

Average Inventory Formula, Use & Challenges

Inventory management is one of the most important things that can affect the efficiency of the work of any business, especially since inventory is one of the most important assets owned by the facility, so care must be taken to manage it well, and We will know the...
Purchase Orders is Important to SMBs

Purchase Orders is Important to SMBs

The purchase order is the company’s approval to purchase products from a supplier, and it also precedes the supplier’s invoice and contains the names of the goods, their required quantities, unit price and all other purchase terms. By the company, after confirming the...
What is Kanban and how do I use it?

What is Kanban and how do I use it?

Kanban is a Japanese word meaning “board”, invented by an engineer working for Toyota in the late 1940s. was adopted as an agile framework for product development by improving transparency and communication between one team and raising efficiency by reducing Waste of...
The Best Product Diversification Techniques

The Best Product Diversification Techniques

Product diversification is one of the most prominent strategies that help in the growth of the business significantly, so successful leaders know that if they want their business to grow and prosper in the long term, they will not be able to stick to the same old way...
Direct Shipping and what is an On-site Shipment?

Direct Shipping and what is an On-site Shipment?

Shipping different items or goods is full of different methods and terms, and one of the most important terms related to shipping is direct shipping and transshipment, and there is a big difference between each of them, and each method has a number of advantages that...