westfordadmin

July 4, 2016

Supplier Selection and Evaluation Criteria

The procedure for selection of the right suppliers is essential to make managing the business easier and achieving the required profit. Every business is concerned with […]
July 1, 2016

Improving Team Dynamics in the Workplace

Team dynamics is an essential criterion for any workplace. The management team of the company is more concerned with the team dynamics which is applicable during […]
April 30, 2016

Different Service Levels in Tourism Industry

Agencies dealing with travel offers consumer different levels of service according to the preferences in transportation, accommodation, food and other facilities. As there are many levels […]
April 29, 2016

Material Handling Cost Reduction in Logistics Management

The most important part with respect to material handling is arranging the material at the right time when there is a need for it. Through several […]
April 28, 2016

Human Resource Management Strategies for Promoting Employee Health and Safety

Human Resource Management has a major role in making sure that the health and safety measures of the employees are fine. The following practices are implemented […]
April 27, 2016

Major Differences between Inventory and Fixed Asset

Most companies worldwide have a certain amount of inventory and fixed asset. In most cases, both inventory and fixed assets are treated as asserts whereas it’s […]
April 26, 2016

Importance of SWOT and PESTLE Analysis in Organizations

SWOT is the short form of Strengths Weakness Opportunities and Threat whereas PESTLE defines the Political Economic Social Technological Legal and Environmental factors affecting business. The […]
April 25, 2016

Why Inventory Management is Important for Supply Chain Management

It is essential for each company to manage the inventory so that the excess stock is not stored at the company and at the same time […]
April 24, 2016

The Importance of Organizational Structure for MBA Professionals

There are two types of organizational structure at small and medium based companies based on functions and products. The functional structure is followed when the reporting […]
April 23, 2016

Essential Skills Needed for an International Business Career

In order to succeed in the current economy, it is essential for management professionals to have skills for doing operations worldwide forming a partnership with other […]
July 22, 2016

World Class Manufacturing Concepts for Management Professionals

The manufacturing sector has boomed after the industrial revolution era. For performing well in the global economy manufacturing organizations should concentrate on efficient and cost-effective methods […]
July 21, 2016

How to Improve Business Operation Strategies

Business Operation Strategies are the methods used by companies for reaching the defined objectives. Improving business operation strategies help companies in examining and implementing systems which […]
July 20, 2016

What every MBA Professional should know about Management of Warehouse Operations

Controlling inventory systematically, giving guidance to staff members and supporting the principles of the organization are essential for effective warehouse management. Managers who control warehouses should […]
July 19, 2016

Different Business Development Strategies for Small Business

The strategies concerning business generally help small organizations to focus on different areas of operation like marketing, partnership and development of employee profile. As these development […]
July 18, 2016

Management Games for Employee Engagement

Management Games help employees to get more involved in activities inside the companies and help in building team coordination activities. This will eventually increase productivity which […]
July 15, 2016

Advantage of Technology in Modern Business Management

Technology has been part of the majority of business organizations due to the advances in automation. The main advantage of technology is the increase in productivity […]
July 14, 2016

What every MBA professional should know about How to calculate Lifetime Value of a Customer

Companies looking for achieving long-term goals should foresee beyond single deals in order to succeed. So it is important to consider the lifetime value of a […]
July 13, 2016

Difference Between E-Business and E-Commerce in Modern Business

Many of us use the terms E-commerce and business interchangeably which are actually two different concepts in modern business. In both these terms, e refers to […]
July 12, 2016

Corporate Valuation Model in Business Management

The value of a business organization element in the overall outlook of the company. This is extremely critical in the case of financial dealings like selling […]