Online Passive Income! Where to Start?

Before starting your journey, it’s crucial to comprehend what passive income entails. It is money you get from a source or venture other than your primary employer. Usually, it’s a quick, side-by-side activity that doesn’t take much work.

Most passive income sources demand time, effort, and energy upfront. But if you do it well, you will get to the point where your passive income streams generate cash on their own, with little to no work from you.

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5 Inventory Management Mistakes to Avoid!

A very important part of many businesses is managing inventory. Companies in all different industries need to have inventory in stock in order to remain afloat and deliver their products to customers in a timely manner and avoid inventory management mistakes.

Managing this inventory is very important and should not be underrated or ignored by businesses. Having good inventory management can save your businesses money and make sure your fulfillment is acceptable.

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What are Crypto Options?

A common question in the crypto market is what are crypto options and why investors should consider them. This article will explore the basic mechanics of options, how they work, how they benefit both an individual and a company, and the types of companies that can create options.

Options are confidential derivatives contracts that give holders control over some aspect of a company’s future performance without owning it. For example, a call option gives the holder control over 100 shares of stock in a company; If the price of a call option rises above the strike price, then it can be exercised by the holder. If it falls below the strike price, then the option expires.

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The Future of Accounting is Continuous Accounting!

Let’s face it, before now, accounting was boring! As an accountant, you’d have to wait for long, tiring hours to input small accounting transactions. Then there was the dreaded spreadsheet that was used to run reports manually.

Most times, the closing process at the end of the month grabs the full attention of accountants. With this keen concentration on a singular goal, the accuracy of reporting was poor.

Are you tired of spending long hours trying to fix unbalanced accounts? How would you love to see accurate accounts that are always up to date irrespective of the period? Would you like automated systems that can track your purchase order?

This is the future that Continuous accounting offers!

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What is Decentralized Finance?

Blockchain technology has not only raised the popularity of bitcoins to new heights. It has also contributed a lot to several other financial service sectors, one of which is decentralized finance.

No one expected the technology adopted in the bitcoin-based operations would be so effective that it would become a challenge for the existing financial services in the market. However, something unexpected has happened after the emergence of DeFi, as the financial sector has become more robust, and people are ready to switch to decentralized finance by avoiding the use of traditional systems meant for fiat currency.

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Do You Have Hidden Freight Costs?

Having come from a company wherein we were selling Freight management services I was curious about Freight spend at this new company.  But I could find no one answer to my question.

“How much were we spending on Freight?”

The fact that no one knew the answer raised the first alarm bell.  The answers that I got raised a whole slew of other alarm bells.

This was going to be an area that was full of opportunity!

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Lessons from the Edge of the Abyss! Surviving a System Implementation!

SC Viral The Pandemic Diaries

The company I had just joined was nearing the finish line on the implementation of a new WMS system.  They had been working on the system change for a few years.  Now implementation was only a few months away.  There were going to be lessons from the edge of this experience.

As the implementation date drew closer one of the key Warehouse management leaders, heading the project from the beginning, left the company.  We forged ahead and implemented the system on April 1st.  That’s right, April 1st!

And that’s when the “fun” began!

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Last Mile Delivery: Stop Shipping Air and Empty Boxes!

When you order something Online there is great excitement in anticipation of opening your package when it arrives.  With any luck the company you have ordered from has provided a positive experience in the online ordering and payment process.  Now you are just waiting for the package to arrive.  You certainly don’t want them to stop shipping.

Most recently we ordered a couple of items online.  They were relatively small items and could easily fit in the palm of your hand.  Within a couple of days a large box arrived at the front door.   I wasn’t quite sure what it was because the box was rather big, big enough for a toaster or perhaps a couple of large board games.

I was surprised when we opened the big box, removed a bunch of crumpled paper and packaging material, and found the 2 small items we had ordered sitting on the bottom of this box.  The items could have fit inside a standard envelope.  Instead they were deliberately packaged in a box which could have held 200-300 of the items.  Why don’t they stop shipping air?

What a waste!

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The Natural Rubber Supply Chain! Will it Bounce Back?

The natural, and synthetic, rubber Supply Chain is another casualty of the Coronavirus pandemic. Our recent purchase of a new vehicle made us aware not only of the computer chip shortages impacting the new automobile sales market, but also the rubber market shortages threatening similar disruptions.

Rubber is used for tires, gloves, gaskets, clothing, adhesives, numerous industrial applications, hoses, water based applications (eg. diving equipment, flotation devices), and much more. It is an integral and indispensable part of our personal and professional lives.

Such pervasive usage and demand, combined with the potential for supply impacts, makes it important for us all to understand the natural and synthetic rubber Supply Chain.

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Thoughts on Making Money with Bitcoin!

Bitcoin is reaching new heights of popularity, and the cryptocurrency market is booming. As a result, many people are wondering how to make money with Bitcoin. But is this time-limited fad worth investing in? Bitcoin is becoming more and more popular, but there are a number of factors that may impact its value in the near future.

On top of that, there are a few people out there who have been spending millions of dollars on this digital currency already, so it’s important to ask whether all that money was worth it.

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Innovation in Outsourcing: Trends Shaping E-Commerce Solutions!

As the business landscape evolves, small businesses and enterprises alike are turning to global outsourcing solutions to stay competitive.

This article explores the key features and trends that are reshaping the outsourcing landscape, particularly in the realm of e-commerce solutions.

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6 Tips to Improve Workplace Safety!

Regardless of the industry you are in, it’s important that you think about keeping your employees safe and workplace safety. According to the National Safety Council, workplace injuries cost employers $171 billion in lost productivity, medical expenses, and legal fees

Going beyond the financial cost of workplace injuries, your business can also suffer reputational damages. Having the legal and moral responsibility to safeguard your employees from potentially debilitating injuries and medical conditions.

Creating a safer workplace is crucial to this end,  so consider these tips and reduce onsite hazards.  

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The Most Profitable Online Business Ideas!

Have you wondered what ideas can be the most profitable online? Come on in and find out the most popular online business ideas!

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Securing Trust: Supply Chain Integrity in Real Money Online Blackjack Platforms!

The world of real money online Blackjack platforms thrives on the most essential element – trust. 

This trust, however, isn’t simply gifted; it must be hard-earned and then meticulously preserved. The integrity of an online Blackjack platform fundamentally relies on the confidence bestowed by its users. 

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Applied Mathematics in Supply Chain!

Amongst other things a supply chain manager is responsible for ensuring that goods are delivered to the correct destination in a timely manner. This can be a challenging task, as there are many potential problems that can occur along the way.

 In this blog post, we will discuss some of the most common mathematics problems that can impact a supply chain. We will also provide tips on how to solve these problems in the next blog post. Let’s get started!

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