VLSIresearch released its 2014 Top 10 Suppliers of Critical Subsystems to the Semiconductor and Related Manufacturing Industries today. Sales of critical subsystems increased 8% to a value...
The Five Biggest Risks to Effective Asset Management
According to the PAS-551 standard on asset management from the British Standards Institute, asset management is defined as: “systematic and coordinated activities and practices through which an...
How to Increase Profitability by Managing Surplus Assets
Abstract. With the current pressure on companies to maximize revenue, many purchasing professionals are being tasked with uncovering new areas of “savings”. Within many organizations, Surplus Assets...
Six Sigma to Reduce Excess and Obsolete Inventory
Excess and obsolete inventory write-offs are chronic supply chain problems costing businesses billions of dollars each year. Unfortunately, improvement projects that are deployed to eliminate these problems...
Donating excess inventory benefits businesses
Your business may be sitting on an important tax deduction—and you may not even realize it. The deduction lies in your excess, overstock inventory. By donating that...
Tax Code & Writing Off Inventory
If your business has an inventory, its value is an important part of your taxable income. Writing off inventory that's damaged, stolen or unsellable can cut your...