Remove Course Remove How To Remove How to calculate total cost of ownership Remove Purchasing Skills
article thumbnail

How to Estimate Electrical Work: A Contractor’s Guide

WorkWave

As an electrical contractor, knowing how to estimate electrical work can make the difference between profit and loss. From reviewing job specifications to sending the proposal, this comprehensive guide will show you how to estimate electrical work the right way.

article thumbnail

How Does Inventory Affect Cash Flow: Stock Management Tips

GoShip Blog

A few concepts can help you improve your stock management, review the cost of goods, and upgrade the cash flow. How does inventory affect cash flow? The Cost of Goods Sold (COGS) defines the correlation between inventory and your business’s cash flow. Businesses don’t have to automate purchases made to increase inventory.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Forklift Leasing: The Ultimate Guide

Conger

Forklift lease prices. The date your lease agreement ends and you either turn in your lift truck, re-lease it, or purchase it. The residual is calculated by the leaseholder and is based on the truck’s specifications and the annual hours of usage. How are Forklift Lease Payments Calculated? Let's dive in!

article thumbnail

How to Operate Your Distribution Truck Fleet at Less Cost

Logistics Bureau

If your company operates a distribution fleet, you’ll know that the costs of running trucks for customer deliveries are continually increasing. But do you know how to operate your fleet for the maximum economy? The following tips should prove helpful in getting those truck running costs down. It’s a fair question.

article thumbnail

IMO 2020 is coming: Why and How to Reduce CO2 Emissions in the Logistics Sector

Forto

While the new regulation is aimed at reducing the sulfur content of heavy oil, the main source of fuel in freight ships since they’ve switched from coal back in 1955. However, logistics and transportation is one of the world’s biggest sources of greenhouse gas emissions. First thing first; what happened globally .

article thumbnail

9 Barriers to Optimal Inventory and How to Break them Down

Logistics Bureau

Inventory costs too high? For example, you can optimise for cost, profit, or service, but not for all of them. Alternatively, you can focus on profit and accept tradeoffs in service and costs or concentrate on the cost and accept service and profit tradeoffs. How to Improve Forecast Accuracy for Optimal Inventory.

article thumbnail

Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process

GlobalTranz

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. Therefore, it is paramount for you as a logistics and supply chain professional to have a keen sense of how to properly evaluate a supplier.