ABM Advisor: The ABM Blog.
Showing News Filtered By Date from: 2016-07-01 - 2016-07-31

  • Jul 13 2016

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    Addressing common cash-flow management problems

    You may have the best idea on the planet, a million investors knocking on your door and a team of skilled professionals standing behind you but if you can't nail down your cash-flow management, your business will ultimately fail.

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  • Jul 12 2016

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    In periods of increased growth, importance of manufacturing management is highlighted

    Australia's manufacturing sector has seen some pretty impressive growth over the last year. According to the most recent Performance of Manufacturing Index by the Australian Industry Group, the end of June marks the 12th straight month of expansion for the country's manufacturing sector.

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  • Jul 7 2016

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    Food safety and beyond: The power of inventory management

    Food safety and effective inventory management are inextricably linked. They are like peanut butter and jelly, fish and chips, cereal and milk - you can't have one without the other.The food industry is understandably one of the most regulated sectors in the world. Missteps with the storage, handling and preparation of food can cause serious health threats for consumers. In terms of businesses, the dissemination of this food can harm brand image, profitability and result in considerable fines.This becomes even more of a pressing concern when you consider there are 4.1 million cases of food poisoning in Australia annually, according to the Food Safety Information Council. Of these cases, 31,290 result in hospitalizations, 86 end in death and 1 million require doctor visits.As with many things in this world, new technology is increasingly being leveraged to manage these problems. Optimised inventory management, via business management software, can significantly improve upon current systems to help reduce food safety issues that stem from human error. At the same time, it can betterĀ operational visibility and open up opportunities to cut costs and streamline efficient processes.

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