Your Crash Course in S&OP (And It’s Important for Your Business)

No matter what industry you’re in, supply chains are all over the news. There have been big changes in global supply chains that have happened over the last year and there are more supply chain changes on the way.

S&OP

This means our companies need more robust responses to supply chain problems. S&OP is one way to create a responsive and adaptive operations plan that will allow your company to weather any supply chain storm. Let’s take a look at how S&OP works.

What is Sales & Operations Planning?

Here’s what everyone gets wrong about S&OP. Many executives see S&OP as a new way of managing their supply chains, but it’s actually so much more than that.…

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Why Is Bitcoin So Important For The Travelling Industry?

The tourism industry has faced a lot of difficulties and challenges during a pandemic. Not only this, people find it very much difficult to book accommodation and flight. Moreover, sometimes it becomes even more expensive to hire someone to pay for the expenses on our behalf. Therefore, searching for an additional way to handle all the payments and provide you with a great idea to stay is difficult. However, with the help of virtual currency, you can control every system and manage your travel.

BItcoin payment

The establishment of Bitcoin is a fantastic source for the travel industry. It delivers all the services and makes the entire process simple.…

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What Are the Five Elements of the NIST Compliance Framework

2020 was a terrible year for cybersecurity. According to Security Magazine, cyberattacks increased by 17% within the first three months of 2020, with more than 77% coming from targeted attacks. It’s clear that cybersecurity in America needs a complete reboot, especially because workers have started losing faith in their company’s data protection. In fact, 71% of Americans lack faith in their company’s cybersecurity measures, leading to more than 91% of companies increasing their cybersecurity budgets in 2021.

NIST framework

image credit: NIST.gov

With cyber compliance emerging as such a hot topic for businesses across the country, the National Institute of Standard and Technology’s Cyber Framework has emerged as a gold standard for cybersecurity.…

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How 24/7 Live Phone Answering Improves Your Business

Every business owner knows how important it is to be accessible to customers at all times. If your customers can’t reach you when they have inquiries or need help, you risk losing them to your competitors.

Live phone answering

Although businesses are always looking for ways to increase their customer base, they also work hard to retain customers by preventing or reducing customer churn. A 24/7 live phone answering service can go a long way in solving this problem and improving your business’s bottom line. The service uses human agents—often virtual—to respond to customer calls.

The virtual receptionists give customers the help they need by handling incoming calls professionally and friendly.…

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HR, These Are The 5 Keys For Attracting Top Talent

According to McKinsey, superior talent is eight times more productive than merely average workers. Or, as the late Steve Jobs of Apple famously said, “Go after the cream of the cream. A small team of A+ players can run circles around a giant team of B and C players.”

Recruitment process

In the aftermath of COVID-19, organizations are having difficulty retaining staffers and attracting top talent. Now, more than at any time in recent memory, it’s an employee’s market. HR leaders should think about implementing the following strategies to become recognized by highly selective workers as a place worthy of their time and talent.…

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3 Web-APIs Widely Used for a Variety of Business Websites

Installing an API – Application Programming Interface – on a website is a great way to add necessary features to the site without having to develop the features on your own. APIs are widely used on websites all around the world. Be it a simple payment gateway or a weather API, they are all important as they provide some sort of utility to the visitors.

Web API

photo credit: Pexels

Business websites need APIs too, especially small businesses, as they cannot finance new projects to build APIs from scratch that easily.

Of course, among millions of APIs available worldwide, not all of them will come in handy.…

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Should You Go To Graduate School Right After College?

You’re a college junior or senior and you’re mulling whether to go to grad school immediately after graduating or put it off until you find employment and work for a bit. Or perhaps you want to get a little travel in, and just take time to catch your breath. After all, you will have deserved it. You’re putting in the time and effort and will be rewarded with a well-earned degree. But to keep the momentum going – perhaps you fear getting rusty – maybe you want to go to grad school right away.

Graduate student

Should you go to graduate school right after college?…

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Things You Should Consider When Hiring a CPA

If you are a small business owner (or anyone, really), you will want to function with peak tax efficiency. Hiring a CPA for a small business or even hiring a CPA for personal taxes can mean so much for your budget and end up saving you lots of money.

Certified Public Accountant (CPA)

So, it’s important to get the right CPA firm for you so the investment is worth it. That’s why we brought in the industry experts, Ratio CPA from Las Vegas, to let us know what questions to ask when hiring a CPA and the answers to them. So, let’s get started.…

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What Is “Mergers and Acquisitions?”

Mergers and acquisitions is an overarching term used to describe the consolidation of company assets through financial transactions including mergers, acquisitions, consolidations, tender offers, purchase of assets, and management restructuring.

Mergers and acquisitions talk

Often, companies need the assistance of M&A advisory to help facilitate these transactions. Outsourced accounting firms and law firms can provide valuable insight throughout these negotiations to ensure the transition goes smoothly for all involved parties.

How Do I Understand Mergers and Acquisitions?

When one company takes over another and a transfer of ownership occurs, the purchase is known as an acquisition. A merger, however, describes the combination of two businesses of approximately the same size.…

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Technology That Can Deepen The Connection Between You And Your Customers

Some would argue that technology has pushed us to lose touch with people and our surroundings, yet strengthened our connection simultaneously. On one side of the coin, a study showed the average person spends 3 hours and 15 minutes on their phone where they disconnect almost entirely from their surroundings. But, on the flipside, they could spend those hours connecting with people all over the world.

Customer relationship management

photo credit: Proxyclick Visitor Management System / Unsplash

For B2B trading, technology has only strengthened the connection between buyers and sellers – enabling businesses to connect with other brands on a more personal level through social media, as one example.…

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