Business Management

How to centralise product information?

The need to use a product management tool to increase productivity and reduce the working process has never been greater! PIM or Product Information Management is a comprehensive software package that allows you to centralise the information gathered from all…

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What are the formalities to follow to create your own company?

Setting up a company is the culmination of all your life’s projects. Being a big contributer to the development of the country, it is an excellent choice to achieve professional success. On the other hand, starting a business should be…

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How can you manage your stockpiles efficiently?

Stockpiles allow you to adjust the flows and control your consumption. By managing it efficiently, you make sure to have goods and materials at your disposal. You also have various supplies and intermediate products on hand. So how can you…

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How to push down your fixed costs?

In the wake of the health crisis, it has become crucial to review expenses and eliminate items that are not essential in order to avoid cash flow difficulties. As an entrepreneur, you must dissect your company’s fixed costs. In that…

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How to calculate the cost price of your products?

Every self-respecting entrepreneur must know the cost prices of the products his/her company provides to its customers. The same applies to the costs of service provision. These data are then used to determine the gross margin and the selling price….

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What type of data can be managed with PIM tools?

Managing the information produced is part of a big process for a company. In an era where digitalization is the cornerstone of sales, it is important for any distributor or manufacturer operating in the company to well manage of its…

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