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Fixed Asset vs Current Asset: Businesses Should Know!
APRIL 20, 2023
Your business can have several types of assets, including fixed and current assets. While you may be familiar with these terms, do you truly understand the distinction between fixed asset vs current...
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What Is Retained Earnings Concept? Importance and Strategies for Improvement
APRIL 19, 2023
What is retained earnings concept? They are the portion of a company's net income that is not distributed as dividends to shareholders but is instead reinvested back into the business.
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Financial Accounting Made Easy: Key Concepts and Practices
APRIL 19, 2023
If you're working in a business, you've probably heard the term "financial accounting" before. But do you know what it means, and why it's important for your business?
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Schedule Management: The Key to Productivity and Success
APRIL 19, 2023
What is Schedule Management? Do you ever feel like you're always busy but never really getting anything done? Like your to-do list just keeps getting longer and longer, no matter how much you work on...
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Document Management: The Key to Streamlining Manufacturing Processes
APRIL 19, 2023
Manufacturing document management is essential to managing the creation, versioning, distribution, and security of all necessary documents in the designing, planning, producing, and certifying of...
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What is Demand Driven Material Requirements Planning DDMRP
APRIL 18, 2023
In recent years, there has been a shift towards demand driven material requirements planning (DDMRP), a new methodology that has proven to be more effective than traditional MRP systems. What is the...
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Production Data Management: Maximizing Production Efficiency and Quality
APRIL 18, 2023
Production data management (PDM) is one way to achieve streamlined production processes and improvements in product quality, especially in today's competitive manufacturing landscape.
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Scrum Tools: Top 5 Best, Free and Easy-To-Use for SMEs
APRIL 18, 2023
Do you intend to use the Scrum Tools for your upcoming project or product development cycle? This article by Vietnam Manpower will provide a dependable compilation of the top Scrum software and will...
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Master Production Reports: Definition, Types and How to Create Them Effectively
APRIL 18, 2023
Production reports offer the necessary information to monitor and enhance production, decrease expenses, and enhance effectiveness.
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Project Management Plan: The Way to Create a Successful Project
APRIL 17, 2023
Project management plan is a critical process that enables businesses and organizations to accomplish their goals and objectives. To achieve project success, a well-defined plan is vital. A project...
