Superb machine maintenance: for JIT to operate adequately, machineries must be maintained at optimum operating condition to minimize downtime. Repetitive production process: the production process should be repetitive and low in volume. Un-interrupted source of supply: there must be absolutely Read More …
Day: February 4, 2022
Benefits of operating an integrated cost accounting system.
An integrated system is where cost accounts and financial accounts are combined in one set of accounts such an integrated system has the following advantages Cost data can be obtained without delay as cost accounts are posted directly from the Read More …
The Manager – Researcher relationship
Information gathering is an integral part of any manager’s job. So it is not surprising that many managers do their own research at least part of the time. The lower a manager is in the decision making hierarchy the more Read More …
Cost accounting tasks which can be done by a computer
Inventory management Budgeting Simulation analysis Cost estimation Preparation of various financial statements Variance analysis Cash management Ratio analysis
HANDLING OPPORTUNITIES
The fact is if you are running a business, you’ll have customers who complain. Here are some ways you can pacify angry customers and turn the situation in your favor. Surely you have heard the old expression, “You can’t please Read More …
AUTOMATED CUSTOMER SERVICE AND BEST PRACTICES
Our customer care automation solution allows you to improve customer service, reduce churn and cut operational costs. It maximizes the efficiency of customer care processes. How can customer care automation help? As product and service lines grow it can become Read More …
