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Why Every Business Owner Should Study Supply Chain Management

Strategy Driven

Having a supply chain management can also reduce your organization’s risks of non-compliance. This will translate to higher profitability and reduced marketing costs. You don’t have to micromanage the different stages of product or service delivery, and you can focus on the things that matter. Reducing Regulatory Risks.

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7 Tips for Managing Freelancers and Independent Contractors

Harvard Business Review

Compliance departments in some organizations might worry that doing these things makes freelancers look too much like employees for legal and tax purposes, and managers certainly need to be careful not to overstep any employment laws or HR guidelines. ” Don’t micromanage. ” Pay them well.