Tips for SMEs Pursuing an eCommerce Strategy
SMEs are realising the benefits of adopting an eCommerce strategy, from international brand exposure to increased customer satisfaction and retention. While eCommerce is an easy and affordable way to sell and advertise, SME owners must ensure they regularly review and update their eCommerce strategy if they are to make the most of it. In this [&hel ... Read More
August 9, 2018 eCommerce, small businesses, SMEWrapping up 2017 for Australian SMEs
Small and Medium Sized Enterprises (SMEs) play an important driving role in the Australian economy, creating more than 7 million jobs. Fortunately, recent research suggests that Australian SMEs are experiencing promising growth, and business owners are feeling confident. However, some challenges to growth remain. This article explores the key posit ... Read More
December 28, 2017 AU, Australia, small businesses, SMEEfficiency is attainable for any SME
For any business, it is important to remain competitive. In order to stay competitive, it often means becoming a more efficient business on the whole. There are a variety of different strategies and resources to utilise to create a more efficient business. Fortunately for large corporations, they often have access to a plethora of resources [&helli ... Read More
November 11, 2017 business efficiency, small businesses, SMEsFive Ways Inventory Management Improves Customer Satisfaction
Customer satisfaction is crucial for small and medium sized businesses. SMEs are constantly searching for new ways to improve customer service, guided by the knowledge that satisfied customers are typically a loyal, long term stream of revenue. Although innovation is important, getting the basics right is often overlooked in the battle for increase ... Read More
November 10, 2017 customer satisfaction, inventory management, small businesses, SMEs, stock controlSmall and Medium Sized Enterprises Down Under
Small and Medium Sized Enterprises (SMEs) are ubiquitous in Australia, and fortunately, recent research shows that 49 percent of SME owners reported actual growth over the last 12 months. 2015 also saw similar growth for SMEs, as did 2014. However, 20 percent showed a decline in revenue over the past year. Some have suggested that […] ... Read More
October 9, 2017 AU, Australia, inventory management, small businesses, SMEs, trendsLooking Ahead: Four Key Challenges for SMEs in 2018
The 2018 financial year has a range of challenges in store for small and medium sized enterprises. Businesses of any size are currently in a state of flux, with factors such as international trade disruptions, disruptive technologies, sustainability and the ‘on demand’ and ‘gig economy’ changing many corporates’ strategic plans. But what ... Read More
September 26, 2017 business challenges, small businesses, SMEs, stock control, supply chain, supply chain challengesLTL Freight for SMEs Explained
A business’ freight costs can be a significant source of savings if optimised and selected strategically. In fact, it is important to consider freight selection as a vital step in the manufacturing process rather than it all just ending with the completion of a product. LTL or Less-than-Truckload shipping is a cost-effective shipping option for [ ... Read More
September 4, 2017 freight, freight costs, less than truckload, LTL, small businesses, SMEs, transportationGlobalization and its impacts on small businesses – it’s not all bad
Globalization is a term given to the opening of borders and the increased mutually beneficial relationships between countries so that trade and services may be shared freely. This creates a pretty picture of harmonious alliances after a stronger global economy, and dare we say it, world peace. There are many benefits to increased globalization for ... Read More
June 12, 2017 business efficiency, globalization, small businesses, SMEsSmall-Man-Syndrome: How SMEs can be successful on a global stage
Small and Medium-sized Enterprises (SME) are companies that are independently owned and managed with less than 250 employees in their ranks and bringing in less than 50 million euros per year. The fact is, these companies make up 95% of the OECD (Organisation for Economic Co-operation and Development) and in most countries, they provide 60-70% [&he ... Read More
June 10, 2017 cloud computing, globalization, inventory management software, inventory management system, small businesses, SMEsA Manufacturing Bill of Materials – your trusted friend in the manufacturing process
A Manufacturing Bill of Materials (MBOM) is an important document, central to the correct manufacture of product. Before being able to truly appreciate its importance in the manufacturing process, we need to establish what it is. A MBOM is a highly detailed and comprehensive document that dictates exactly how a product is made, right down [… ... Read More
June 9, 2017 bill of materials, business processes, manufacturing, small businessesUnleashed up for AUT Excellence in Business Support Awards
We’re excited to announce that Unleashed has been selected as a finalist in the 2017 AUT Business School Excellence in Business Support Awards! As a finalist in the ICG Business under $5M turnover category, Unleashed will join finalists across eleven categories at this year’s awards. “Our customers pride themselves on having amazing products ... Read More
June 8, 2017 AUT, AUT Business School Excellence in Business Support, awards, New Zealand, NZ, small businesses, SMEs, supporting SMEsA few how-to’s of SaaS for a small business
It is difficult for small businesses to compete with large companies that monopolize the industry. But it seems that, currently, we are coming back to celebrating the niche, the small and the boutique, such as with craft beer or handmade clothing. One tool for the computing side of the small business, which makes it easier […] ... Read More
May 20, 2017 change management, inventory management, inventory software, SaaS, small businesses, software as a servicePeriodic Inventory Systems Explained
A periodic inventory system updates inventory at the end of a certain time period within a business, and means periodically counting all stock. ... Read More
March 8, 2017 costs of good sold, costs of goods for sale, periodic inventory, small businesses, stock counts