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Techniques for Improving Small Business Supply-Chain Management

Wednesday, February 10, 2016 20:55
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When compared to their big-box counterparts, small businesses face unique challenges. The ability to focus on a company’s core competencies is vital to ensuring the sustainable growth of your business. Activities such as accounting, supply chain and information technology can become a drag on a company’s growth unless they are a core competency of that company. As an example, small businesses are more likely to lack the ability to finance and lead dedicated management teams; therefore, oversight of the supply chain becomes one of many duties that the owner or store manager has to handle. Finding ways to improve efficiency and overall supply-chain management isn’t just a matter of saving time and money for your small businesses: it becomes a way to ensure you can devote maximum time to growing your operations rather than struggling with complex supply chain needs. Here are some ideal techniques for improving your overall efficiency when managing a supply chain.

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