The Theory of Constraints (ToC) is a great place to start practicing continuous improvement and can be applied to any organization and practices in any…
Propel SolutionsDecember 11, 2018
In our last issue, we talked about measuring Customer Value on four dimensions of Service, Cost, Quality and Speed. In this issue we share the…
Propel SolutionsDecember 6, 2018
The last and final step in forecasting and budgeting mini-series is developing a cash flow statement to accompany your budget. A simple cash flow statement…
Propel SolutionsDecember 4, 2018
What is the cost of doing business? (Budgeting for Expenses and Asset Purchases) Expenses are one of the easiest levers to pull to react to…
Propel SolutionsNovember 29, 2018
When anticipating future sales and expansion, you will consider growth on several layers: Business as usual, your growth strategy, and your market assumptions. All three…
Propel SolutionsNovember 27, 2018
How Far Into the Future Should a Manager Plan their Budget? When planning a budget, the first thing to consider is how far into the…
Propel SolutionsNovember 23, 2018
Although often used interchangeably, budgeting and forecasting are distinctly different. Budgeting is the activity of laying out the expected revenue and expenses that a business…
Propel SolutionsNovember 22, 2018
I don’t want to micromanage, so why should I schedule my team? One of the key tools a manager has in their toolbox is scheduling. …
Propel SolutionsNovember 21, 2018
