• Insight
     -  Ramu I.
    September 05, 2014

    The 3Cs is a business framework which was developed by strategist Kenichi Ohmae (the head of McKinsey Japan for a number of years). The framework offers an overview of the factors which have to be …

  • Insight
     -  Richard F.
    September 20, 2014

    Just-in-Time inventories, or inventory systems designed to have supplies be delivered just in time for production, are the accountant’s dream come true. Just think of all the benefits. You have …

  • Insight
     -  Susmita B.
    September 01, 2014

    Every successful product will go through various stages in its lifetime; Introduction, Growth, Maturity and Decline. When the majority of products in a product line reach the late ‘maturity& …

  • Insight
     -  Jennifer H.
    June 16, 2014

    One of the most talked about challenges in business today is how to gain more market share. The more of the marketplace that is buying your product, the more profit you generate. There are dozens, if …

  • Insight
     -  Richard F.
    October 17, 2014

    Wikipedia is a good place to fish for concepts. Its definition of lean production as being "a production philosophy that considers the expenditure of resources in any aspect other than the direct …

  • Insight
     -  Dimitrios Matsoulis
    September 20, 2015

    It is very common in industry to have existing facilities serve production needs for new products. Existing layout and processes put enormous constraints that can potentially increase costs beyond …

  • Insight
     -  Ramu I.
    August 21, 2014

    When a company adds an online channel of distribution to existing brick and mortar channels of distribution, there are many challenges that it must address to develop cohesion between the two types …