Learning About Monitoring Your Business InventoryLearning About Monitoring Your Business Inventory


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Learning About Monitoring Your Business Inventory

Hello, my name is Sally. I am excited to talk to you about closely monitoring the inventory for your business. Many companies hemorrhage money due to improper inventory counts. Without close monitoring of the business inventory, it is possible to buy too much of one product and not enough of another. I will explore all of the different ways inventory counts can start to meander away from the reality of the situation. I hope you can use the information on my site to gain better control of your inventory to increase your profits as time goes by. Come back again soon.

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4 Common Mistakes Companies Make When Hiring Temporary Employees

A company may need to temporary general laborers for hire for a number of reasons, such as to fill a position while a person is on leave, to provide assistance with a large project, or because a company is expanding quickly and does not have enough full-time employees to complete all tasks. If you own a company or are a hiring manager, utilizing temporary laborers can be an ideal solution. However, it is important to make careful decisions when hiring temporary employees. Avoid the following mistakes when using temporary labor to fulfill roles in your company:

Failing to Vet Temporary Employees

Just because someone will be a seasonal employee or may only be a part of your company for a few months while a project is completed, it doesn't mean that you should just blindly hire people without thoroughly vetting them. It is in your best interest to use the best temporary labor available, so take the time to do background checks, inquire about the experience, and ask pertinent questions during an interview. If you don't have the time to do these things yourself, consider using a temporary employment agency who screens applicants.

Not Having a Training Plan

A temporary employee does not need as much training as a permanent full-time employee, be he or she still needs to understand the job and know how to do his or her assigned tasks. Make sure that you have a plan in place for training to help ensure that your temporary employee clearly understands expectations and knows how to properly complete his or her assigned work.

Neglecting to Be Clear About the Scope of the Job

When you hire temporary labor for your company, it is very important to be very transparent about all of the details that pertain to the job. Before a person accepts your offer of temporary employment, he or she should know the pay rate, required, hours, basic job requirements, and the time frame of the temporary employment. Ensuring that a temporary job candidate understands that he or she is being hired for a seasonal or temporary position can help prevent problems down the road. 

Forgetting to Treat Temporary Labor as Part of the Team

Even if a person will only be fulfilling a role at your company for a short amount of time, if you hire the right person he or she will make an impact and play a role in successfully completing a project or filling in for a full-time employee. It is always a good idea to make temporary employees feel like a part of the team so they feel appreciated and continue to be productive.