The uneven recovery of the U.S. economy is keeping it slow yet steady. However, the long-predicted plummeting profit margins as the consequence of decreasing or stagnant growth rates of loan portfolio already manifest. Despite the consistent volume of loan applications, loan closings are few due to uncertain or prolonged approval processes, long decision times,… Continue reading
Inventory carrying cost describes the cost incurred by a business for holding inventory over a particular period of time. Similarly, inventory carry cost is the sum total of expenses which a company acquires as a result of storage. The costs include taxes, insurance, cost of obsolesce, shrinkage, warehouse, damage and relocation. As long there is… Continue reading
Everyone knows that a bad hire can be really costly to a business specially in procurement leadership capacity. When you account for hiring, training, and onboarding costs, plus the opportunity cost of not hiring a successful employee – not to mention the impact on workplace culture – hiring the wrong person can set a company back tens… Continue reading
is a Manufacturing Operations, Procurement and Supply Chain leader from international multi-site manufacturing experience in Electrical, Hydraulics and Internet industries
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