10 Reasons for your startup to consider equipment financing
When starting out, is it better to buy your own equipment or lease it?
Procurement, Inventory & Production
Buying a truck with the right specifications
Buying a truck for your business is no negligible expense. Therefore you want to make sure you get the best truck for the job.
How to read your clients or suppliers and then formulate your approach
The purpose of this article is to help you to understand your clients better, so you can approach them in a way that will be beneficial for both parties.
Industrial Development Corporation - national development finance institution
The IDC is a self financing national Development Finance Institution (DFI), whose primary objectives are to contribute to the generation of economic growth in Africa, thereby promotion the economic prosperity of all citizens. The IDC promotes entrepreneurship through the building of competitive industries and enterprises.
Mobile and wireless communication driving SA industry forward
Mobile and wireless technology continues to serve as the foundation for many a sector within the South African economy.
Production planning in 5 steps
Production planning is “the administrative process that takes place within a manufacturing business and that involves making sure that sufficient raw materials, staff and other necessary items are procured and ready to create finished products according to the schedule specified”, as defined by the Business Dictionary. Are you a manufacturing firm? If so, you will need a production plan to ensure that you have all the inputs for production ready at the right time to meet your product demand. Learn why production planning is important and the main steps involved in the production planning and controlling process.
Protect your business from crime
The high crime rate is a reality of doing business in South Africa. It is because of this that security is one of the most important aspects of running a business - it's not an area where you can afford to cut corners. Smaller companies, with fewer resources to secure themselves, are particularly vulnerable. Find out what basic measures you can put in place to make your business less of a target. This article looks at various ways of assuring your company and your employees' safety.
SABS Design Institute
Since 1969, the SABS Design Institute has been dedicated to human-centered design, which has the potential to stimulate growth in South Africa’s manufacturing industry. Focusing on the country’s design capabilities, it has become an agent for change and facilitated valuable socio-economic development. The Institute translates research & development and invention into sustainable economic opportunities, while creating a general awareness of design.
supermarket.co.za - resource site for the supermarket trade
http://www.supermarket.co.za
Tips for managing your inventory
Simply put, inventory management refers to the act or process of keeping track of or managing the stock in your small business. It is a crucial aspect of running a profitable business because the inventory you keep is essentially potential profit in the form material goods such as food, clothes, etc. Holding on to inventory should therefore be something to avoid as it will tie up your cash flow.