Let’s talk about Inventory Management. Before automated systems, businesses have to go through time-consuming manual inventory processes. This means the business updates the inventory by physically counting the inventory items on a frequent basis. With the advancement of computing, businesses don’t have to do this anymore. Companies are now using technology to transform their operations, …
Bundy clock, index cards, manual computation, endless reviews, and finally, the envelopes for the distribution of salary – all these plus a bucket of stress for the officer in charge of the payroll. This is the conventional scenario from the old time payroll procedure. Handling timekeeping and payroll system is one of the most tedious …
Need to replenish your company’s stocks but not sure how and when to start? Where do you find the remaining stocks? How accurate are you with the inventory of your stocks? Are the outgoing items carefully accounted and monitored? These are just some points to consider in managing stocks before spending the budget of your …
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