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4 Reasons to Stop using Excel for Budgeting and Planning

Many companies, even those with established systems for other business functions, still rely on excel when it comes to their budgeting and planning needs. This often means a drawn-out planning period, constant updating of formulas and versions and .

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Inventory Management Best Practices Part 4: Team Management

In our continuing series about inventory management and control best practices, let’s go on to see some additional practices that are important, or even crucial, to successful supply chain efforts. 

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Inventory Management Best Practices Part 3: Managing Units

In Part 1 and Part 2 of this series, we talked about controlling inventory, before being able to competently manage inventory. We also talked about some other best practices for organizing inventory in your warehouse. Let’s go on to see what other .

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Inventory Management Best Practices Part 2: Organization

In Part 1 of this series, we talked about controlling inventory, before being able to competently manage inventory. Now, let’s talk about some other best practices.

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Inventory Management Best Practices Part 1: Control

It's unquestionable that you cannot manage your inventory if you do not control your inventory. Many times, I have been told, “Our people just don’t trust the numbers they see in the ERP (Enterprise Resource Planning) system. Everything has to be .

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Yale, Economics, Baseball and Business Lessons We Can Learn

Recently I went back to watch “Moneyball” again. The 2011 film is based on the real life story of Oakland A’s general manager Billy Beane and a statistician by the name of Paul DePodesta. These two men changed the game of baseball by changing how .

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