Financial ratios refer to a quantitative method that allows a company to determine its liquidity, profitability and operational efficiency. To do so, important financial documents such as income statements and balance sheets must be accurately recorded and organised. Investors and stakeholders generally use such information to compare a company’s financial viability with another. It should […]
Enterprise Resource Planning (ERP) is a popular software solution that is considered a vital tool in the business world. It primarily integrates an organisation’s business processes and applications into one common platform. Due to this, ERP is seen as a cost-effective mode to digitalise operations, allowing managers to keep track of everything in their organisation […]
A standard option available for researchers when conducting academic or market research is to do a survey. Where the research question concerns a study on society, it is very common for researchers to do nationwide or city-wide surveys. Most of the statistics derived or presented within the research are based on the quantitative data submitted […]
At some point in everyone’s life, they need to conduct research. Whether it is related to one’s academic or profession or even when investing in a new venture, significant research is carried out across the internet. In an age where you can get answers to anything in seconds. This is because the internet does not […]
Private labelling refers to products of one business being sold to another who afterwards markets, retails, packages and sells it under different branding (i.e. a third party). For this reason, consumers generally would not know who the private label producers are. This is common almost in any industry, be it food, cosmetics, electronics, cleaning supplies, […]
Education in the 21st century has progressed in many ways. This is not only in terms of content in various subjects or the emergence of new specialised fields in education but also in how educational institutes have transitioned to newer modes of teaching. One core driver in terms of the latter has been technology. As […]
For a non-profit organisation to be successful, it needs to have a team of passionate people and, most importantly, be smart enough to come up with cost-effective strategic decisions. One aspect in this regard is forming corporate partnerships. While charity organisations fundamentally do not make gains from any sales or services provided, that does not […]
One of the worst things that can happen in any warehouse is when an order cannot be processed because it is not available in the inventory. Consequently, it becomes a backorder, delaying the entire process and dissatisfying the consumer. Backorders generally occur when warehouse managers have failed to order enough inventory supplies. This could be […]
Enterprise Asset Management (EAM) refers to software that helps asset managers monitor and strengthen physical assets’ lifecycles. Many asset-centric companies rely on such a system to improve quality standards, safeguard their staff, ensure environment-compliant practices are in place and, most importantly, save costs that are wasted unnecessarily. EAM was initially a system that required multiple […]
Singapore is one of the leading biomedical and pharmaceutical hubs in Asia. Since 2000, when the Singapore government launched the Biomedical Sciences (BMS) initiative, the country has attracted foreign and private investors that have led to the subsequent development of this sector. Hence, research in this field took momentum, leading to the pharmaceutical and biological […]