Posts Tagged ‘Business Consulting’
Workplace Chemical Exposure Is a Serious Challenge for Companies
Workplace chemical exposure has been a common health hazard for years. In fact, according to a 2015 news release by the Public Employees for Environmental Responsibility (PEER), it is one of the top causes of fatalities in the United States. Chemical exposure leads to over 40,000 premature deaths every year, says PEER. The group works…
Read MoreMeasuring What Matters: 6 Business Metrics Every Company Should Track
There are hundreds of different metrics you can use to see if your company hits your business goals. However, there is no use measuring all of those. Do not randomly select a number of metrics just for the sake of having them. Remember that whatever measures or KPIs (key performance indicators) you put in place…
Read MoreWhy Your Business Needs a 3rd Party Audit
Audits are an essential part of any company’s management process. The audit process checks whether documents are in order, accounts for finances, and ensures that a company is compliant with certain industry standards. Usually, when a company adopts a quality assurance or quality management system (like the ISO 9001), a system-wide audit is necessary to…
Read MoreHow to Improve Productivity in Warehouse Operations
Have you analyzed your warehouse operations recently? Inefficient picking processes, poor use of space, and inventory visibility issues can be costly. But, your organization can improve efficiency and productivity by implementing these tips below. Warehouses are about moving inventory, not storing inventory. The speed of processing shipments has never been more important: Customers want products…
Read MoreYear-End Evaluation Tips
While traditional accounting gives us useful ways to evaluate a company’s performance, the numbers don’t always show the whole picture. As a business owner, it’s important to evaluate the successes and failures of your company in other ways apart from numerical values. This can be as simple as answering two questions: How well did your…
Read MoreHow to Effectively Build Brand Loyalty
As 2018 approaches, is your business confident that your customers will stay loyal through the new year? Take a second to think; once you gain a new customer, what is your company doing to ensure you retain them overtime? What is stopping your customers from listening to competitors trying to convince them that they can…
Read MoreHow Well is Your Company Managing Risks?
A U.S. investigation commission attributed the BP Oil disaster to management failures that crippled “the ability of individuals involved to identify the risks they faced and to properly evaluate, communicate, and address them.” Does your company fail to identify and address risks? Types of common risks your company may face: Equipment malfunction, breakdown, or theft…
Read MoreHow Much Does a Workplace Accident Cost You?
Workplace injuries and accidents that cause employees to miss six or more days of work cost U.S. employers $59.9 billion in 2014, the most recent year for which statistically valid injury data are available from the U.S. Bureau of Labor Statistics (BLS). How can a workplace accident affect your company? Let’s break it down by…
Read MoreAre You Auditing Your Suppliers?
Outsourcing business can be a terrific way to grow your company and save money in the process. But, if you are not auditing your suppliers, how can you be sure they are meeting your standards and accurately complying to your contract? The lack of a supplier audit, could put your company at risk. Why audit…
Read MoreTop Issues That Affect Company Productivity
Every company can improve their productivity in small ways. Evaluating your current flow of production is important as well as finding solutions to mitigate issues that prevents your company from reaching its full potential. It is essential to look at your company’s overall performance and evaluate individual employees as well. Company Productivity Processes should…
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