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Articles, guides, tips and updates to accelerate business growth in 2023 and beyond

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Steel density plays a critical role in MSME procurement, affecting costing, freight, inventory, and supplier accuracy. This guide helps sourcing teams integrate density into RFQs, vendor checks, and PO terms — reducing mismatch, waste, and disputes across the buying cycle.

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Calculating the inventory turnover ratio is essential for all businesses that deal with inventories. The ratio indicates the performance of the inventory function which is directly linked to sales. With improvement in the inventory management ratio, a business can maximise sales and achieve greater heights. Read on to know more.

Timely deliveries of goods and services is extremely important for achieving customer satisfaction. If you are facing delay in deliveries, you need to find out the lead time, areas of improvement and ways to improve the lead time. Here is how you can do it.

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GST on works contract has become a crucial aspect for businesses and contractors alike, especially with the evolving rules and regulations under the Goods and Services Tax framework. Understanding works contract GST compliance, tax rates, and ITC (Input Tax Credit) eligibility is vital for ensuring seamless operations. In this comprehensive guide, we will cover the key definitions, GST rules applicable to works contract, taxation details, and provide insights into the latest updates.

Last updated on: Jan 17, 2025
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