Inventory Best Practices

Okay, so you implemented best practices for your inventory management system only to realize they didn’t work as hoped. Rest assured: best practice implementations can fail despite good intentions. The fact is that not all best practices are “one size fits all”—you’ll need flexibility to implement them in your unique environment.

Drawing on his consulting experience at Ernst & Young, author Steven Bragg breaks down inventory … [ Read more ]

Just-in-Time Accounting: How to Decrease Cost and Increase Efficiency

If you’re looking for a way to increase accounting department efficiency and cut costs, start by reading this remarkable new hands-on guide and learn how to:

* Reduce transaction-related work and allow employees to focus on profit-increasing activities
* Eliminate redundancy and waste
* Apply the latest technologies to your accounting process
… [ Read more ]

Business Ratios and Formulas: A Comprehensive Guide

Whether you are a numbers nut or not, you need to know basic business formulas and ratios to keep track of performance. Author Stephen Bragg collects 200 of them in one easy-to-understand volume. Each formula is accompanied by an example of its practical application. Included are measurements for operating performance, cash flow, and liquidity: For example, you’ll find operating leverage ratio, cash flow-to-debt ratio, and … [ Read more ]