Jerry GrzegorzekDifferences in Approaches to Doing Business Around the WorldThe world of commerce is no longer confined by borders with people doing business around the world. Today, businesses of all sizes are…3h ago3h ago
Jerry GrzegorzekStock Control Methods (1/2): Just-in-Case (JIC)A crucial aspect of production planning is striking a balance between minimizing inventory holding costs and ensuring enough resources to…3h ago3h ago
Jerry GrzegorzekIndustrial Actions Taken by Employees and Employers during ConflictWhen the two sides of an industrial dispute (a trade union or employee representatives and an employer) cannot reach an agreement in…19h ago19h ago
Jerry GrzegorzekOptimal Stock LevelWhile holding stock is fundamental for any business, it is the efficient management of that stock that separates success from struggle…23h ago23h ago
Jerry GrzegorzekUnderstocking — Costs of Not Holding Enough InventoryThis article explores the hidden costs associated with understocking, highlighting the potential impact on sales, production, and customer…1d ago1d ago