Walmart.com has long been an extension of the popular brick-and-mortar Walmart stores, but it wasn’t until 2009 that the Walmart Marketplace launched. Since then, Walmart’s online sales have grown to $152.3 billion in 1Q2023, ranking No. 2 in the Top 1000...
In a recent article, I explained why successful manufacturers in their country fail when trying to expand into the US. One significant reason for this failure is the lack of understanding of the unique dynamics of the distribution industry, supply chain pricing...
Efficient management of accounts receivable is crucial for the success of any business, and most companies prefer handling them with their own resources. However, the accounts receivable management of big retailers and corporate accounts is so intricate that many...
Key Performance Indicators (KPIs) play a crucial role in assessing the effectiveness and efficiency of various processes within a manufacturing facility. Manufacturers obtain valuable insight to optimize their operations, enhance productivity, and deliver high-quality...
In general terms, accounting is the process of recording, organizing, and summarizing financial transactions and information of a business or individual. However, there are various types of accounting within a company, each serving different purposes to cater to the...
