If you see “$120k OTE” in the job posting and are interested and turn to Google to understand what OTE means, then you did a good job. Because it has a direct impact on your earnings and future goals. Sales is one of the most…
Inventory management is crucial for any business to maintain an optimal stock flow. Often, due to manual errors, businesses face miscounts, misplacement, and inaccurate data entries. This can lead to losses in sales, revenue, and even customers. In the U.S. alone, 39% of small businesses…
What do top #01 businesses do? They monitor and control their production. If you want your business to succeed, master maintaining your supply and demand balance, and you’re 49.99% out of water. Research shows that 60% of manufacturers struggle with workforce management and supply chain…
The US wholesale trade industry is worth $11.6 trillion and continues to expand. In the US alone, there are approximately 408,000 wholesale distributors. That’s a lot. But the elephant in the room is: How are these gigantic industries operating so smoothly? And how are they…
Business intelligence is a specially curated infrastructure that is a collection of various processes and tools that help to enhance the visualization of the data. This enhanced data visibility aids businesses in making actionable decisions. The main aim of BI is to make data available…
EDI or electronic data interchange is a novel and contemporary technique to share exclusive and confidential data between businesses. It is a deviated approach from the traditional ways of using information interchange, which was paper-based. EDI transactions of data are computer-to-computer data exchanges. This method…
The term B2B generally refers to B2B commerce or business-to-business commerce, which is any transaction or commerce between two businesses. This is a common business model where the sale or purchase of products or services occurs between two businesses. For example, buying and selling manufacturing…