Wednesday, July 27, 2011 by
Staying in shape is important ─ but hard to do. The motivation to exercise consistently is difficult, especially if our current routine is ineffective or vulnerable to excuses and other priorities. The same can be said for keeping G&A expenses in shape. Does your company/organization have a...
A colleague recently attended a conference where he was informed that small and mid-sized businesses are hiring only "A" players to fill jobs. “B” and “C” players need not apply. It made me wonder what companies can do if they cannot find -- or afford -- to fill jobs with "A" players. The answer:...
After revenue, payroll is the most important number for many CFOs, as employees are often the largest investment a business makes.
In addition to base salaries and wages, the true "loaded rate" of employment also takes into account taxes, benefits, and administrative costs. When these factors are...
Purchasers of Packaging Supplies have experienced a number of price increases from suppliers over the past 18 months.
Linerboard for corrugated boxes, resin used in film products, and steel have all seen significant cost increases, and , while petroleum and the global economy play a role in...
by Travis Cantrell and Patrick Garr
You certainly don’t have to be in the food or restaurant business to know that your food dollars aren’t going as far as they used to. The questions to be answered are: “Why are food costs going up?” “And what can you do about it?” Let’s take a look at some of...
Chances are your company has more than a couple of suppliers whose services and/or goods are key to your success. Your fortunes depend on these suppliers fulfilling your requirements in a consistent and excellent manner. You also depend on these suppliers to improve over time, helping give you a...
We have all heard the stories of people with a hoarding disorder and some of us may know or be related to people who exhibit it in some fashion. There is even a popular T.V. show called Hoarders on the A&E channel.
How surprised would you be to find hoarders at your company? Virtually every...
Regardless of the scope, size, or importance of a change, the most critical factor is people. Unfortunately, the vast majority of people, including your employees, don’t like change. At best they are wary of it, and at worst, hinder your efforts in order to bring back the good old days. I’ve...
The old adage has proven itself time after time – is it happening again?
A few observations, based on diesel fuel price information from the U.S. Department of Energy for the last 5-1/2 years: :
• We all are experiencing some level of sticker shock every day as we head to the gas pumps… so are...
As a result of rising commodity prices, even the largest diversified packaged food companies are taking a variety of actions to prevent significant margin deterioration. According to a recent industry report, experts expect companies to offset most of the commodity cost increases through a...
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