May18
How to Measure Social Media Success
This article by Chris Hannay on The Globe and Mail site addresses the million dollar question: How do you figure out return on investment of social media?
CGA-Canada
Apr20
The Best of Inventory
Inventory management and forecasting are strategic issues. Companies that recognize this fact can typically provide higher levels of service to their customers and post higher profits. Curt Barry of F. Curtis Barry and Company provides 14 best practices that will provide benefit to your business.
CGA-Canada
Mar15
Cost of Capital, Economic Profit, and ABC
One important business resource is capital — invested in assets, used in production and commercial operations, as account receivable, inventories, or fixed assets. Torres and Bustmante explore these concepts in their article in Focus Magazine.
CGA-Canada
Feb21
Using Excel for Data Analysis
Professional statisticians typically have powerful software at their disposal to perform advanced analyses and create slick graphs. But many professionals in the quality field don't enjoy that luxury due to a limited budget. Fortunately, many occasional data analysts already own versatile software capable of providing most basic quality analyses — Microsoft Excel.
CGA-Canada
Jan19
Economic Value Added
This article, on the Accounting Tools website, explains that Economic Value Added shows the incremental rate of return in excess of a firm’s total cost of capital. It is extremely important to break down the drivers of the measurement in order to determine what parts of a company are keeping the measure from reaching its maximum potential.
CGA-Canada