Mark and Joyce* came to Money Mastery for help at the height of an emotional power struggle over their family finances. Both were in their mid-30s, raising two children in northern Idaho, and struggling to deal with their financial situation. Their “discussions” on money had evolved into arguments and were becoming more frequent. Both Mark and Joyce worked and made similar incomes. Mark was a pharmaceutical rep, working a fairly new terri­tory in Idaho and Oregon. Joyce was a dental hygienist. Both made more than enough money to support the family, yet they knew they were out of control. They couldn’t understand why.

At the height of their financial struggles, Mark and Joyce had accumu­lated $15,982 in consumer debt alone. This figure, of course, did not in­clude their mortgage. When it was combined with their consumer debt and all the interest, their total debt load came to a whopping $306,000. They had accumulated debt on two credit cards and were only making the mini­mum (more…)

WHEN I SAY THAT YOU DO NOT HAVE TO DRIVE SHARP BARGAINS, I do not mean that you do not have to drive any bargains at all or that you are above the necessity for having any dealings with your fellow men. I mean that you will not need to deal with them unfairly. You do not have to get something for nothing, but can give to every person more than you take from him.

You cannot give everyone more in cash market value than you take from him, but you can give him more in use value than the cash value of the thing you take from him. The paper, ink and other material in this book may not be worth the money you pay for it, but if the ideas suggested by it bring you thousands of dollars, you have not been wronged by those who sold it to you. They have given you a great use value for a small cash value.

Let us suppose that I own a picture by one of the great artists, which, in a developed society, is worth thousands of dollars. I take it to Baffin Bay and by “salesmanship” induce a native (more…)

Restaurant is never ending business because every day people need foods for daily consumption. The food turn over is too fast in daily transaction and to manage the material supply supposed to be there is a restaurant supply chain management. If the supply chain can fully support for fast daily, the restaurant activities will run smoothly.

Above case is only one sample of need of supply management, there are more samples in the business world activities and all of them always have focus in the supply chain quality. We can look into a cargo company which the company live base on the speed and protection to the cargo during delivery. Their life is depending in the power of supply chain from one place to another place.

In other side, learning supply chain management is not easy and need more time plus will be enrich with experience or learn from others people’s experience. That’s all will form people become focus on the supply specialist and can work with full performance and increase the company growing.