• Insight
     -  Dimitrios Matsoulis
    March 27, 2016

    The break-even point is that magic sold product volume where the contributions (revenue minus variable costs) of sold products cover initial investment and fixed costs. The contribution of every …

  • Case Study
     -  Richard F.
    March 27, 2016

    Do you sometimes have the feeling it’s impossible for your niche business to compete with larger corporations? Not to mention all the low-priced product coming in from abroad muddying your …

  • 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
     -  Dimitrios Matsoulis
    April 01, 2015

    The reason a strong manufacturing base is so important for any country's economy is that for every industry making a certain product there is a huge number of suppliers that feed …

  • Insight
     -  Dimitrios Matsoulis
    June 06, 2015

    The virtues of single, stable and trusted suppliers are well known in industry. It is theoretically the ideal scenario for every manufacturer, but is it always possible or does it always make …

  • Insight
     -  Susmita B.
    September 20, 2014

    The retail industry seems to be ever growing and is overwhelmed with rising consumer demand. It is vital to keep inventory in control for any retail business to keep going. Inventory is the goods …

  • Insight
     -  Rasel T.
    July 26, 2014

    Supply chain management involves managing the entire supply chain from raw material suppliers to manufacturers to wholesalers to retailers and finally to end consumers. The main goal of supply chain …