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Operations Management

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5 Necessary Management Traits Of Operations Leaders

5 Necessary Management Traits Of Operations Leaders

September 4, 2023
Bill Kimball

For operations managers to thrive in their position, they need to understand the importance of time management. There will be various deadlines that you must adhere to, so reporting to your team of supervisors or managers with realistic time frames is essential. The last thing you want is to miss deadlines, as you may lose custom which can be …

23 Best Inventory Management Apps

23 Best Inventory Management Apps

September 1, 2023
Bill Kimball

However, inventory managers must also consider other factors such as weather, the health of the economy, shifts in demand and more. Inventory control helps companies buy the right amount of inventory at the right time. Also called stock control, the process helps optimize inventory levels, reduces storage costs and prevents stockouts.

Cycle …

Divestiture Definition

Divestiture Definition

September 1, 2023
Bill Kimball

Any uncertainty about the parent company’s future after the divestiture could raise questions among the remaining talent and cause them to consider other opportunities. The board should confirm that management is keeping the entire company in mind and has a comprehensive communications plan for the entire deal cycle. For instance, one …

One Company Purchases Another In An Acquisition

One Company Purchases Another In An Acquisition

September 1, 2023
Bill Kimball

Unified Messaging consolidates voicemail, e-mail, and fax messages on a single IP network, accessible independent of location, time or device. Cisco also delivers UC solutions for the service provider market through its uOne software platform/technology. IPmobile is a leading provider of software systems that enable service providers to build …

5 Best Tools For Kickstarting Operational Collaboration

5 Best Tools For Kickstarting Operational Collaboration

September 1, 2023
Bill Kimball

As described earlier, there are several categories of tools and methods available (i.e., sketch planning tools, travel demand forecasting models, deterministic models, simulation, etc.). These methods vary in purpose, complexity, input/output data, and strategies analyzed. Some tools may combine capabilities of several different categories …

Uniform Capitalization Rules

Uniform Capitalization Rules

September 1, 2023
Bill Kimball

Indirect costs may be more challenging to allocate and US GAAP doesn’t have specific guidance as to how such costs should be allocated to the cost of a self-constructed asset. One approach may be to allocate indirect costs based on a direct cost (e.g., labor hours of employees involved in the construction project). Indirect costs may …