Products and Manufacturing Articles

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    4 Ways to Reduce Inventory Costs

    by on December 1, 2014

    Aside from employees, inventory generally factors as any small business’ most substantial asset. But maintaining just the right amount of inventory is a delicate and often maddening balance to achieve.
    If you fail to stock enough of the “right item…

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    Where Did the Money Go? Disappearing Inventory and “Ghost” Expenses

    by on November 24, 2014

    It can be alarming to find yourself looking at a year-end inventory report in January that does not remotely resemble what it should be. Where are all those parts and pieces? What happened to supplies and inventory? Cases of wine or expensive food items t…

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    How to Perform a Break-Even Analysis

    by on October 9, 2014

    Wouldn’t it be great if you could predict when your business would begin to pay for itself? Or if you knew how to set your prices to help determine when you’ll break even? The good news is, you can. A break-even analysis is a great tool for startups and ex…

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    Would a Supply-Chain Analysis Improve Your Bottom Line?

    by on September 12, 2014

    While the phrase “supply chain” may conjure up images of transportation services moving freight from one place to another, the reality is that most businesses have a supply chain whether they know it or not.

    “Anybody that gets into these four things — buy,…

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    How to Build Great Relationships With Suppliers

    by on July 17, 2014

    Building a great relationship with your suppliers might seem at times like navigating a minefield. The bond between a supplier and its client isn’t exactly sacred, but it shouldn’t be treated as a second-class priority either. While you might regularly pur…

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    How to Develop and Manufacture a Prototype

    by on June 25, 2014

    If you have an idea for an invention or new product, the most important thing you can do to see if it works is bring that product into fully realized, three-dimensional life. In its simplest form, this is what a prototype is: a physical representation of an …

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    How to Sell Your Product Internationally

    by on June 25, 2014

    If you are finding great success selling your product domestically, it might be time to expand your market overseas. However, what are the logistical and legal issues you might face? Let’s examine the different responsibilities and regulations regarding sell…

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    Guide to Product Packaging

    by on June 25, 2014

    Product packaging is essential to the success of your physical product. It not only keeps your product protected, but it’s an important part of your brand image and should be an integral part of your overall marketing plan. A package that speaks for itse…

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