How will the logistics industry change in 2020, 2021, and beyond? The sector has already seen several changes in recent years, but as the global economy enters a new decade, even bigger changes will occur in logistics. Will businesses – large and small – be ready for these adjustments? Only time will tell, but if they are well aware of what is happening around them, then there is no reason why they shouldn’t survive and thrive next year.View post
Increasing profitability in a retail environment is what every retailer is chasing after. How to maximize sales units without sacrificing profit is the key. Cost structure and pricing strategies impact how a retailer functions, and how far its profits go.
Finding the right pricing strategies for a retailer can take some experimenting, but it’s well worth when it comes down to the rewards. Here are twelve possible retail pricing strategies you can try for businesses:View post
For companies of all shapes and sizes, data captured in the field can provide invaluable information that helps them understand what is happening at different stages of their organization. In order to make smart business decisions, managers and other executives need data to help flesh out their understanding and ensure continuity throughout long-term strategies. That being said, data needs to be collected efficiently and effectively if it is going to have any real impact. Here are some of the best way to make that happen.View post
Running a business is extremely challenging to do on your own. Even successful, established companies take advantage of joint ventures to advance their goals.
Instead of being limited by your resources, joint ventures give you the flexibility to take action on the projects that will move your business forward. Check out the following 8 different types of joint ventures in business:View post
The world of consulting is vast, varied and offers many different kinds of opportunities. Essentially, a consultant is someone who makes a living by providing expert advice to people working within a specific field. As you can imagine, that is clearly open to very broad interpretation and means that basically all you need to become a consultant is some form of expertise.View post
Professional business analysts have never been in demand as much as they are today. In a global economy, where belt tightening, international competition, and managers losing their minds are the new norm, businesses analysts are needed to put all a company’s ducks in order. Through critical thinking and problem-solving, businesses analysts will apply their craft to a company’s needs. You are their lifeboat!View post