by Chris Clayton | Nov 9, 2016 | Tricord International
One way of improving your profitability is controlling your inventory. The different profits levels of your income statement are affected by the way you source and manage inventory. You cannot achieve maximum operational efficiency if you ignore the ways of using...
by Chris Clayton | Aug 9, 2016 | Tricord International
Many American and European economists argue that currency manipulation is an issue that the world economic policy needs to address. The process of countries keeping their exchange rates weak and the dollar strong by selling their own currencies in the foreign exchange...
by Chris Clayton | Jun 9, 2016 | Tricord International
Often businesses fail to acknowledge the ‘real’ influence suppliers have on their quality performance. Today, many businesses are sourcing from geographically distant places as a result of globalization and an increased demand for purchased goods. A common sight is...
by Chris Clayton | May 9, 2016 | Tricord International
For all competitive purchasing managers and salespeople, a reliable, low-cost source of parts and manufactured components is necessary to stay competitive in today’s business world. Nothing can sink a multi-million dollar sale more quickly than defective parts...
by Chris Clayton | Apr 9, 2016 | Tricord International
Today, global business strategies are growing in popularity as businesses look for new and innovative ways of lowering costs and gaining competitive advantage. One such global business strategy is global sourcing which involves sourcing goods and services from...