Electronic Logistics - The Money Saving Solutions

The concept of conventional logistics covers all activities relating to the procurement, transport, transhipment and storage of goods. Logistics as generally understood is concerned particularly with material flow (raw materials, interim and final products), but also involves providing companies with services and information.

Nowadays the development of electronic information and communication technologies affects all spheres of life. Naturally, it influences significantly...

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freight, e-logistics, shipping, trucking, freight companies, freightage rates, carriers, freightage

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The concept of conventional logistics covers all activities relating to the procurement, transport, transhipment and storage of goods. Logistics as generally understood is concerned particularly with material flow (raw materials, interim and final products), but also involves providing companies with services and information.

Nowadays the development of electronic information and communication technologies affects all spheres of life. Naturally, it influences significantly economic life, including logistics. As a result, nowadays it is possible to speak about electronic logistics as extremely perspective field for further development.

On researching the problem of electronic logistics, it is primarily necessary to dwell upon the methods that are traditionally used in the related researches. Basically, it is possible to use phone inquiry, face-to-face interviews with companies implementing electronic logistics in their business. Also it is possible to interview management consultants and IT suppliers.

Obviously, nowadays electronic information and communication technologies are widely used in the field of logistics. As a rule, it is widely used in buying and selling transactions, as well as material follow transactions. It is necessary to point out that logistics services providers use electronic logistics wider than companies operating in the field of manufacturing and trade.

In the current a situation, the advantages of electronic logistics are evident since it creates new operating models that provides a company with a competitive advantage compared to the companies using conventional logistics. It also permits to develop efficient management of larger entities and correct information in constantly changing market situation.

Nonetheless, it is necessary to emphasize that electronic logistics is a relatively new field and it makes its first steps in the contemporary business. In such a situation, certain obstacles and challenges, the companies implementing electronic logistics face, are quite natural. Among these obstacles and challenges may be singled out the following: scarce financial resources for investments, lack of capabilities of network parties, lack of standards, challenges in integrating inter-company information systems.

However, electronic logistics is still quite popular due to the perspective of business process re-engineering skills, since it provides the possibility to use technologies to support business processes.

Thus, electronic logistics is a very perspective field that needs further research in order to provide better opportunities to its proper implementing and wide use.

Executive Career Coaching: Providing Solutions To Succession Planning Challenges

Organizations today are facing several challenges and talent management is one of the greatest. According to a poll conducted by OI Partners, Inc., the number one challenge facing the HR profession is leadership development and succession planning. Attracting, developing, and retaining quality talent is more costly and has a greater impact on the bottom-line than ever before. Retiring baby-boomers, the expectations of Gen X and Gen Y employees, and the new definition of “long...

Keywords:

succession planning,talent management,executive coaching,war on talent, career

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Organizations today are facing several challenges and talent management is one of the greatest. According to a poll conducted by OI Partners, Inc., the number one challenge facing the HR profession is leadership development and succession planning. Attracting, developing, and retaining quality talent is more costly and has a greater impact on the bottom-line than ever before. Retiring baby-boomers, the expectations of Gen X and Gen Y employees, and the new definition of “long-term” employment add up to a drastic shift in the way organizations are managing their talent.

One effective way to overcome these challenges is to implement a succession planning initiative. This proactive approach to ensuring future leadership talent offers many benefits. Studies have shown that organizations with succession planning programs have a higher retention rate of human capital and a reduction in recruitment and compensation costs.

Succession planning has to be more than matching employees with forecasted vacancies. Consideration must be made for the future direction of the organization as well as the direction of the employees intended career path. This ensures that the employee is engaged in the process, committed to the organization, and has a vested interest in the company’s success.

Obstacles to Implementing a Succession Plan

While there are numerous benefits to succession planning, there are also challenges such as limited resources and expertise within the company. Without the assistance of external consultants and coaches, implementing a succession planning initiative can drain an organization’s resources. The most effective programs capitalize on the talent available throughout the company during the implementation phase, however, companies often lack the resources needed for ongoing management. In addition, utilizing external resources provides expertise in succession planning and offers an objective perspective.

Coaching as a Resource

Executive Career Coaching can provide assistance with career management and employee development at the individual level. Using individual coaching and assessments, the coach will guide the employees through the selection of the career path within the organization that best matches their interests and abilities. Once a career path has been chosen, the coach will help the employee prepare for their next promotion.

The career coach can administer assessments such as the DISC, PVQ, and the Enneagram to help the employee gain clarity in the areas of motivators, interests, values and strengths. The feedback obtained from the assessments is essential in creating a career management plan. During the coaching engagement, employees will compare this information along with their experience and education to key leadership positions and determine the strongest fit. This process ensures that employees are matched with the correct positions, reducing the possibility of employee disengagement and turnover at the executive level.

In addition to career pathing, an executive career coach will assist in the creation of development plans. The steps outlined in the development plan will be based on the information gathered during a gap analysis. Comparing the employee’s current level to the experience, skills, and education needed for the next promotion will give the coach and executive a clear picture of where to focus their coaching sessions. Execution of the development plan during the coaching engagement results in promotion readiness.

Benefits of Succession Planning

Identifying and developing strong leaders for future roles is critical to the ongoing success of an organization. Without an effective succession planning program in place, companies will face greater challenges than those incurred during the implementation of a program, including:

• Waging the “War on Talent”
• Fewer leaders prepared to take on new roles
• Obstacles to achieving strategic goals

Attracting and retaining high-potential employees is costly. However, it is not as costly as the turnover of high-potential employees. Studies have shown that superior performers are 50% to 100% more effective than the average performer.

Using these statistics, if an average performer generates $250,000 in new business each year; a superior performer will generate between $375,000 and $500,000 in new business. By developing and promoting the superior performer to a leadership role, they have the potential to increase the productivity of the team. As an example, this leader can increase the revenues of a team generating $2.5M to $5M.

Given the possibility of increased profits, meeting the employee’s desire for career growth is both a financial and strategic advantage.

Because growth and development are benefits highly sought after in a potential employer, organizations with highly publicized succession planning initiatives and career management programs become “employers of choice”, thereby making it easier to attract top talent and reduce turnover.

Most employers are unaware of how much turnover costs them each year or how to reduce this number. Assuming a fifteen percent turnover rate and turnover costs of twenty-five percent of an employee’s annual compensation, an organization with one thousand employees and an average compensation of $50,000 will incur $1,875,000 in costs each year. Given that half of all turnover is avoidable, this organization could save $937,500 each year by investing in employee retention strategies.

The Added Benefits of Using Career Coaching as a Resource for Succession Planning Programs

Utilizing a Career Coach in your succession plan initiative allows leaders and Human Resources to focus on effectively managing and evaluating the program. An external career coach provides a confidential environment where the employees are free to discuss the challenges and opportunities they face in their careers and establish plans to overcome them.

One of the greatest benefits the coach offers is preparing the organization’s existing talent for future leadership roles. They take the organization’s human capital to the next level through the use of assessments, powerful questions, and individual development plans. Promoting from within provides benefits, such as:

• Reduced recruitment costs. The need for external recruiting is lessened for executive level position, which reduces headhunter fees (between 25% and 33% of the candidate’s total compensation) Ex. An executive placed by a headhunter with an annual compensation package of $200,000 would incur fees between $50,000 and $66,666.

• Reduction of executive compensation. According to Towers Perrin, external candidates are generally paid 20% to 30% more than internals that are promoted because externals needs a financial reason to make a career change.

• Promoting internal candidates offers the employer the benefit of knowing their track record, strengths, and their development needs. External candidates, unless personally known, only reveal as much or as little information as they deem appropriate, leaving the organization to rely on the interview process, assessments, and references to complete the picture.

Thriving succession planning initiatives balance the strategic direction of the organization with the career aspirations of its high potential employees. They also rely on external consultants and coaches to provide expertise, an objective perspective and additional resources.

Executives who engage in coaching during the succession program have a clear direction of where they are going and how they are going to get there. In contrast, executives that are not offered coaching are not as well prepared to map out their career path or develop the skills they need for future promotions. Executive career coaching facilitates the process of creating successful careers and developing future leaders.

Home Business Solutions for Earning a Residual Income

Here are some great ideas for earning a residual income from your own home. With these home business solutions, you can earn extra income, extra spending money, or even begin supporting your family with a home business...

Keywords:

work from home, home business, make money online, internet marketing, residual income, mlm business

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Starting a home business is a huge step. Maybe you want to earn an extra income, extra spending money, or begin supporting your entire family with a home business. Either way, there are many home business solutions to choose from, and also many different ways to make money online.

Earning a Residual Income with Home Business Solutions

One way to build wealth from home is to begin building a residual income from one or more home business sources. A residual income is money you earn on a continual basis just from one customer or one sale. The more customers you obtain, the more ongoing income you'll have each month.

For example, you sign up with an online educational company that offers ongoing training. Students who sign on with this company pay a monthly fee. You earn a residual income each time the fees are paid for each student you sign up. The educational company receives new students, and you receive ongoing commissions. It's a win-win situation for both!

Another example of a residual income is when you sell Internet-related services that require a monthly or yearly payment, such as web hosting, domain name registration, Internet marketing services or custom web design services. These are only a few examples, but the Internet offers many "work from home" opportunities such as these where you can earn money month after month, year after year.

Finding the Right Home Business Solution

Now that you realize the potential of earning a residual income, it's time to find the right home business solution for you. Consider the amount of time, effort and money you'll be able to invest in your new home business. How much time can you dedicate to work from home? Do you work a full-time job right now? Are you on a very tight budget?

A home business will not build itself, but there are companies that will help you build your home business and even provide a website with all the resources you need. Some will even "make the sale" for you. The only drawback is that many of these home business solutions require a monetary investment. So, be sure it's the right business for you before investing.

Use Web Resources for Research

Thankfully, you have a wealth of information at your fingertips with the Internet. You can take your time and research "work from home" opportunities right from your own home any time of the day.

Find a reputable home business directory to search out profitable "work from home" solutions. There are directory websites that take special time and care to list only legitimate home business solutions so you won't have to sift through the good and the bad, and take unnecessary risks. Using a dependable directory will protect you from scams and keep your investment safe.

Warning: You should never sign on with a company and invest your money unless you've checked out the company and its background and history thoroughly. Be sure that you are dealing with a well-established company beforehand.

More Ideas for Earning a Residual Income

Here are some other possible home business solutions for earning a residual income. Choose a home business that you'll enjoy, and don't be afraid to try several at once. You might be surprised at the type of businesses that are successful online!

* MLM business.

* Internet marketing groups.

* Niche business start-ups.

* Working mom groups.

* Providing clerical services for others.

* Freelancing (writers, web designers, programmers, graphic designers, and so forth).

* Selling e-books on a variety of subjects.

Once you select one or a few of these ideas, evaluate the potential and your ability to achieve each one. Determine if these will fit in with your time and budget. Find others in the same fields and ask for pointers on getting started. Other successful business owners are usually very happy to help. Also, research through the search engines to find out how much income others are earning with the same or similar businesses. Once you've done research, it's time to get started.

There are many opportunities for the stay-home mom or the dad who would like to be home with the family too! The home business solutions listed above can be applied to a variety of skills and talents you may possess. Unlock your earning potential today!

Earn Money at Home by Finding Credit Solutions for Others

Learn how you can earn money at home by helping others with their credit problems. You can start your own home based business by helping others find viable credit solutions....

Keywords:

earn money at home, home based business, money brokering, credit solutions, home employment, free affiliate

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Each day people are looking for a way to earn money at home. Sometimes it is in addition to a regular job, or as a main source of income. The opportunities are unlimited in finding home employment today.

A home-based business is not dependent on a person's location or prior experience. By searching for yourself through the various online offerings, you will be able to find a way to earn money at home based on your individual skills and interests. There are also many companies that offer training for a home based business.

Finding Credit Solutions for Others

Finding credit solutions for others and money brokering are effectual ways to earn money while working at home. You would be able to work full or part time as your time and schedule allows. By providing this kind of service you will be able to expand business by receiving referrals from satisfied clients and by advertising.

Becoming more independent is an important goal for many people. They might want to open their own business and need financing. Or perhaps they are in too much debt and need a credit solution to release them from financial stress. There are people every day that need help and don't know how to handle their situation. You can be the one to help them as you earn a lucrative income at home.

Help Others and Earn Money At Home

Learning how to help people with a credit dilemma or helping them to get started can be a rewarding and lucrative business. Help your clients learn how to use financing, credit cards, how to begin saving and avoiding bankruptcy.

Help people to manage their money and become free of the debt they owe. Teach them to live with a budget and avoid going deep in debt. Show them ways to cut household expenses and easy ways to save money. Teach them money skills that can be passed along to their family. Using practical steps to keep them financially stable will give them the opportunity to realize their dreams.

Another Way to Earn Money At Home

While you earn money at home through finding credit solutions for others, you can also earn extra money by signing up for a free affiliate program. Earn commissions by advertising for others and bringing sales to those companies.

Home Based Business

When considering a way to earn money at home, take time to visit websites that offer training and help in getting started. The financial rewards are only limited by your time and effort. With a just small investment, you will be able to enter into a profitable endeavor, helping others with credit solutions while working in your own home.

Finding A Document Management Solution - In-House vs. Hosted Solutions

Before we get started, some of you may be asking what is document management?

Document Management is the ability to manage all of your paper documents in an electronic format. Let's define "paper documents in electronic format".

Basically, there are two types of document management systems, either an in-house solution, or an outsourced hosted solution.

So,which one will best suit your needs? Good question. Most companies base their decision on available staff to main...

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document,management,software,solutions,compare,in-house,hosted,scanning,services

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Before we get started, some of you may be asking what is document management?

Document Management is the ability to manage all of your paper documents in an electronic format. Let's define "paper documents in electronic format".

Basically, there are two types of document management systems, either an in-house solution, or an outsourced hosted solution.

So,which one will best suit your needs? Good question. Most companies base their decision on available staff to maintain these systems, and the technical abilities of those staff members. Cost of a solution is also a deciding factor. While the cost of an in-house solution is higher up front, having the technical staff to support it, it typically pays off in the long run due to the calculated Return On Investment (ROI). The lower cost of a hosted solution is appealing to many companies because this solution puts the technical responsibilities on the solution provider. It's also beneficial in that most of these solutions are web-based. While some companies can truly benefit from the hosted solution, many can't due to confidentiality of the information contained within their organization.

Finding a solution to fit your company's needs can be a time consuming venture. We recommend you first determine what solution fits your organization best, then shop for a solution with the features best suited to your business needs.

How much office space can I save? Good question. It depends on the amount of paper files you have taking up your valuable office space.

In most offices, there are filing cabinets everywhere. We've become attached and dependant on our paper files. Since most companies are mandated to hold their records from 3 to 7 years, that adds up to an exhaustive amount of paper needed to be maintained and stored. Where do you store it? In your office? A records storage company? What are those costs? All these questions lead this topic in a new direction. Why are you keeping these records in paper format? Why not an electronic format?

OK, let's look at some statistics. But before we do that, let's set the standard office environment so we have a reference point to start from. Now for the breakdown:

A typical filing cabinet drawer holds about 3000 pages when full.
So a full 4 drawer cabinet holds about 12000 pages.

A lateral file drawer holds about twice or 50% more files.
So a full 2 drawer lateral cabinet holds about 12000 pages.

The Simple Math

Ok, now that we know what we have in the space of our filing cabinets, let's look at space on storage media.

A standard 8 1/2 x 11 page scanned at 200x200 DPI (dots per inch) is about 50k in size (average)
There is 1024k in 1 megabyte of space.
There are 700 megabytes of space on a CD.
There are 4,700 megabytes of space on a DVD.

Ok, here's the simple math.

1,024k (1 megabyte) divided by 50k (standard scanned document) = 20.48 documents per megabyte
700 megabytes (1 CD) x 20 (scanned images per megabyte) = 14,000 documents per CD
4,700 megabytes (1 DVD) x 20 (scanned images per megabyte) = 94,000 documents per DVD

So here are the facts.

1 CD = 1 filing cabinet full of paper documents (12,000 documents)
1 DVD = 7 filing cabinets full of paper documents (84,000 documents)

Once these documents are scanned and placed on a CD or DVD (write once only media) they become legal documents that can be archived and retrieved later in the event you would like to print, fax, or email them.

Create Long-Lasting Wealth with Simple Home Business Solutions

Thinking of starting your own home business? Learn how you can create long-lasting wealth with a simple home business solution. Here are some great ideas to get you started....

Keywords:

work from home, home business, make money online, internet marketing, residual income, mlm business

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Starting your own home business might seem overwhelming at first. There's so much to consider - finances, goals, and the type of business you should start. As a new home business owner, you can easily get frustrated with all the options that are available. Don't complicate matters. There are many simple home business solutions available that can help you create long-lasting wealth without adding stress to your life. Here are some great ideas to get you started.

"Don't Reinvent the Wheel"

You've probably heard the old saying, "Don't reinvent the wheel." Most frustration in business comes from trying to create something new - a new product, new service, or even a new way of doing things. The good news is you don't have to create anything new. With an online business, it's very easy to sign up with others and sell their products for a commission. Most companies are glad to pay you to promote their products. It saves them time and money.

There are millions of products and services online that are just "itching" for more promotion. You can easily find products that interest you and make money online while doing what you love. These products have already been through their testing period so you get to enjoy the benefits as you work from home.

Earn a Residual Income

With some companies, you can earn a residual income (month after month) when signing on new clients. Those in the business of Web education, Internet marketing, Web design services, medical billing and claims, insurance, travel booking, legal services, accounting, and financial investments will often pay you for monthly clients.

You'll earn money each month that the client remains faithful in payments. In other words, you could earn up to 20 percent or more of a client's payment every month! Multiply that number by a hundred and you will have a very lucrative residual income.

Choose High-Commission Products and Services

Don't waste your valuable time promoting products and services that pay very little in commissions. Seek out home business solutions where you can earn a generous commission amount for each sale.

When promoting products for someone else, the visitor/conversion ratio will likely be much lower than it would be when selling your own products. So, you'll have to work a little harder to get more visitors to your website. When you do sell a product, it will be much more rewarding if you make $100 or more instead of $10 or more!

Simplify Your Business Promotions

Another area of frustration for a home business owner is promotion. There are many ways to promote an online business, but usually only a few actually work for the long term. The first thing to do is create a website of your own that you can tweak and add content to on a daily basis. From your website, offer tips and plenty of fresh content about the products and services you offer. Find your target audience and write to them. Give them the information they're seeking before you try to sell them a product.

With some home business solutions, you can receive your own website free. But, be sure it will be your own website, and that you can add to it whenever you want. Being unique with your website is very important for receiving search engine exposure.

Also, beware of scams. Check out online companies before investing any money. Use dependable home business solution directories that will investigate home businesses for you. This will save you time and money. And remember, whatever you do, keep it simple!

Home Business Solutions

With the economy getting tougher more people are looking to creating income from a home business. With the necessity of running a viable home business it is important to do it right.

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Home business| financial freedom| financial freedom thru Jaguar Marketing Systems| jaguar marketing systems| predator marketing system| mom| mentors on a mission| Dr. Raymond Jewell| Al Turnquist

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In our day and age we are all blessed with the technology to run a home business, and not just work from home but wherever we can get an internet connection. We can even run a business from a phone. When people want to enter into a home business they must realize that one home business out of ten will survive five years. The same statistics hold true for the next five years. All in all, ninety nine percent of businesses will fail. This statistic holds true for small, medium to large businesses as well.

So you are probably asking, “How can I win with the numbers against me”? You can be a success in the home business but you must understand the downside when you start. Knowing that there is a huge failure rate you know that you need to get a mentor to guide you while you are building a business. You know that you don’t want to listen to someone who follows strategies of lack instead of abundance. Most home businesses follow a process of duplication. They duplicate the same model that their up-line did and most all fail, therefore they are duplicating failure. Another way to explain it is running a home business from the bottom up and not the top down.

Running a home business is serious and must be treated as a major undertaking. So before you start a business get a good mentor and interview the mentor. Make sure the mentor has the ability to get you to the top and that the mentor understands the home business success curve. A good mentoring program is “Mentors on a Mission” that is marketed by systems owners of Jaguar Marketing Systems. You can get assistance at Dr. Raymond Jewell’s Jaguar Marketing System, and also get our “Partner Development Program” that tracks the home business builder’s progress every step of the way. [You can get the website address in the resources box below.] No matter what your education you should have a mentor watch over your shoulder to make sure that you are doing the right things.

When we mentor our clients we are able to teach how to achieve 10K week income and build your business from the top down. You are taught how to hire a sales manager and a sales force, on commission, to actually handle the sales part of the business. We teach you how to get proper accounting in place and get an accountant that understands how to maximize the tax code. You get on-line classroom instruction on what to do and how to do it taught by people who are actually running successful home businesses. We teach your Account Executives what to do and how to do it. You don’t get involved in fact we make sure that you run your business instead of working as an employee in your business. We teach you how to market the “Mentors on a Mission” mentoring course and believe me it will attract people like a magnet, or you can market any product through this process.

This is a great opportunity for anyone who is really serious about running a successful home business. We would be glad to give you more information just click on the sign up link below this article. If you want to call us call 1-800-727-2353 and ask for Rachel Coleman. Also visit our Article and Audio Library and read and hear more about running a home business. All links are below.