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Knowing consumers’ holiday purchasing habits could have prevented UPS’s inability to deliver packages on time for Christmas. Recognizing on-line sales continue to increase, especially when retailers frequently offer the best deals right before Christmas, UPS should have taken their own advice and i Read More

In another month, the 2014 Sochi Winter Olympics will begin. Teams from around the world are training vigorously in the hopes of bringing home the glory and the gold medal in their chosen sporting venue. There will be 17 days of winter events and 9 days of Paralympic Games as a full house of specta Read More

The 2014 Winter Olympics will be held in Sochi, Russia, and the event has already proven itself to be the most expensive Winter Olympic Games of all time. According to CNN, the 17-day event will cost Russia at least $50 billion. In fact, Russia spent $8.7 billion just to build a new railway in prep Read More

The 2014 Winter Olympics, hosted in Sochi, Russia, will involve fifteen events over the course of 17 days. Hosting the 22nd Winter Olympics is no simple task: throughout this time there will be a tremendous volume of construction, utility routing, infrastructure maintenance, and asset management ch Read More

The Sochi Olympics will last only 17 days but the logistics are staggering. There will be more than 5,500 athletes and team members along with 1,350 Paralympic athletes. In addition, there will be more than 25,000 people on the support staff and 12,000 members of the media. More than 3 billion tele Read More

Lean inventory management is a philosophy derived from the Toyota Production System of the 1940s. The car manufacturer developed the system to eliminate waste and inefficiency in their manufacturing environment. Due to both its successful implementation and positive financial impact, this methodo Read More

Is Excel truly meeting your inventory management needs? Small businesses, with a small staff and a small amount of inventory, may successfully use Excel. However, as a business grows, the limitations of Excel become very real obstacles. Moving to a more efficient, cost effective inventory mana Read More

Patient rights are protected by the privacy and security rules of the Health Insurance Portability and Accountability Act of 1996 (HIPAA). These rules hold the healthcare industry accountable during the collection, viewing, and dissemination of patient information. In the past, security of paper Read More

With the holiday season fast approaching, successful retailers will be in control of their inventory. The holiday season is a perfect time to get rid of slow or non-selling inventory through the process of write-downs. J.C. Penney used this strategy to bring customers into their stores. Read More

Although the Obama Administration recently delayed enforcement and reporting requirements of employer penalties under the Affordable Care Act (ACA) until 2015, businesses should use this extra time to better prepare. As an employer, you need a full understanding of how the law impacts your busines Read More