Improve Net Profit

Improve net profit is a global cost reduction consulting company and low cost outsourcing company, combining unparalleled experience with comprehensive capabilities across all industries, government and business functions. We use our considerable leverage in ensuring that our clients become high performers in their chosen field.

Improve net profit ‘high performance business’ strategy builds on our expertise in cost reduction consulting, and low cost outsourcing to help our clients perform at optimal levels whilst creating sustainable value for their customers and shareholders. Using our industry knowledge, service-offering expertise and technology capabilities, we identify new business and technology trends and develop suitable solutions to help our clients around the world in the following areas:
1. Small business and start up advice
2. Free make or buy analysis
3. Low cost outsourcing
4. Improve net profit

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5s

5s Lean Manufacturing

5s is a simple and highly effective set of lean manufacturing techniques that removes waste from the work environment through a better workplace organization, general cleanliness and effective visual communication.

5s is the name of a workplace organization methodology that uses a list of five Japanese words which are seiri, seiton, seiso, seiketsu and shitsuke. Transliterated or translated into English, they all start with the letter “S”. The list describes how items are stored and how the new order is maintained. The decision-making process usually comes from a dialogue about standardization which builds a clear understanding among employees of how work should be done. It also instils ownership of the process in each employee.

There are 5 primary traditional phases of 5S: sorting, straightening, systematic cleaning, standardizing, and sustaining. Lately, there are two other phases sometimes included, safety & security.

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BPO

Business Process Outsourcing – BPO 2.0

Not that many experts think that business process outsourcing has a bright future. But despite the bad looks that BPO has been given, this industry continues to grow bigger and bigger. It may seem like a phenomenal event but taking a closer look, you will realize that its growth is due to the hard work of the people in the BPO industry.

Compared to other industries, people in the BPO have anticipated the challenges and emerging trends earlier making it possible to create new innovative strategies that largely contribute to its survival and amazing growth.

Although the future for this industry looks promising, there is no time for taking quick rests since the environment for this kind of business is rapidly changing. This is due to the fact that newer concepts and technologies are being developed.

These are also the reasons why the BPO industry is regularly checking out for new service delivery systems and customer management to keep up with the fast growing pace as well as satisfy the clients” expectations. With the constant perseverance of the people in the BPO industry, they have achieved this goal and as evidence there is now what is called BPO 2.0.

BPO 2.0

BPO 2.0 was developed for the satisfaction of customers. This system has succeeded where other industries have failed. It focuses on the utilization of advanced technologies that are cost-effective. With the deployment of BPO 2.0, the BPO industry in India has achieved the goals of the system which is reducing operational costs and improving quality as well as efficiency.

These two objectives are very important since customers are becoming more demanding and will not be satisfied with mediocrity customer services. Also, reducing costs have become a big issue because of the rising competition in the BPO industry and because companies are starting to reduce the budget for outsourcing. This is the reason why outsourcing hubs in India are forced to reduce cost expenditures.

For now BPO 2.0 has been implemented mostly to call centres industry in India but given the benefits that this new scheme can give to other outsourcing industries, it is not impossible to assume that they may follow suit in the future – implementing the BPO 2.0 methodologies and schemes.

But before this could happen, other outsourcing industries should re-evaluate their existing strategies. Also, it is important for the companies to prepare themselves for any possible changes that might occur when implementing BPO 2.0. This will affect the infrastructure of the company which in turn would require increased participation of available human resources so as to be able to support the new inputs as well as the advanced technologies under BPO 2.0.

The future of the business process outsourcing industry is quite bright. But this does not mean that challenges and hurdles along the way do not exist. One thing is for sure though and that is BPO 2.0 will stay because of the fact that it is a comprehensive service delivery system and customer management. This is good news for companies that have implemented BPO 2.0 and to those who are in the process of shifting.

For those who still have apprehensions with the business process industry. Statistics and facts will tell you that the BPO industry indeed is still on the rise and will continue to do so in the future.

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Business Ideas

Business Ideas

Scrapbooking has been around for years.  Teenage girls have taped prom tickets to notebook pages and written their memories of the evening along with pictures and other mementos.  We arrange photos into albums and perhaps label them with dates and other information.

Scrapbooking as we now know it got its official start in 1980 by the Christensen family in Utah. These pioneers went on to launch the hugely successful company Keeping Memories Alive.  It’s been almost 25 years, but the scrapbook industry continues to grow at an exponential rate. And these past four years have really seen a growth spurt!

In the last several years, scrapbooking has taken on a new life.  No longer are these albums simply photos and labels or a couple of prom tickets taped to a page.  Now they are elaborately styled memory books with fancy embellishments and features.  Some people consider scrapbooking an art form, and when you look at some of these pages, you might just agree.

Scrapbooking has blossomed into a billion dollar business.  In fact, the latest figures reveal that it’s now a $2.55 billion per year business – and that’s only in the U.S.! If true figures were to be told, the amount would certainly be well over $5 billion.

Many people are cashing in on the craze by starting their own scrapbooking businesses.  There are many, many ways to make money if you love to scrapbook.  The appeal of starting this type of business is easy to see.

You can operate your business out of your home.  You set your own hours working whenever you want.  Satisfaction can be derived from the creativity that you can display.  But perhaps the biggest advantage of starting your own scrapbooking business is that it can be done for a relatively small start-up investment.

There are hundreds of places online that offer you the opportunity to pay them to show you how to start this type of business and some of them can be beneficial.  However, all you really need to have is a love of scrapbooking and the desire to succeed by doing what you love.

What I have done with this book is compile tips and tricks from people who have successfully started their own scrapbooking business and my experience of starting and running a successful scrapbooking business.  You will learn so much in these book:  how to name your business, what supplies you will need, what to charge for your services, marketing your business, and finding creative ways to get your name out there.

You can pursue this business in many different ways.  You can create pages for other people, you can sell scrapping supplies, or you can become a consultant for others teaching them how to do their own scrapbooks.  Whichever route you choose, scrapbooking can be profitable and fun!

Many people think the only way to build a business in the scrapbooking world is by opening a retail store – not true! There are more than a dozen other ways you can make a living in this industry and some of them are much more profitable than retail!  Let’s look at your options!

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