Double Robotics (YC S12) is hiring an operations and supply chain manager

Article URL: https://angel.co/company/double-robotics/jobs/73583-operations-and-supply-chain-manager

Comments URL: https://news.ycombinator.com/item?id=25009092

Points: 1

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Supply Splits And How You Can Profit From Them

Supply Splits And How You Can Profit From Them

Supply splitting is something that financiers like. When supplies divided, it suggests you have two times the quantity of shares you did previously.

Firms occasionally like to divide their supplies down the center. If you have 100 supplies worth $2 each and also the firm divides its supplies, you will certainly after that have 200 supplies worth $1 each.

If a firm is marketing supply for $300, a financier may assume that is over their budget plan, however if the supply is split as well as finishes up at $150, the capitalist may think about that an affordable rate. Dividing supplies is a video game where the worth does not go up or down yet individuals choose supplies which appear to be less expensive as well as believe they are obtaining a much better bargain.

An additional firm may turn around divide their supply, indicating you had 10 supplies worth $200 prior to. If a firm really feels that its supply rate is also reduced, it will certainly take into consideration doing a reverse split. It could desire to make certain the firm does not obtain de-listed or an additional factor for a reverse supply split is when you desire less shareholders, maybe desiring to make your business personal.

They have much more liquidity if a firm has reduced supply rates. Even more individuals discover the supplies economical and also there is as a result even more passion in them.

In some cases, nevertheless, supply splitting could supply incorrect hope for capitalists since a capitalist will certainly anticipate specific returns on his financial investment when the supply cost modifications. They may shed the market’s self-confidence which suggests dropping supply rates if the business does not provide what individuals anticipate.

The firm will certainly divide its supplies to change the assumption of its financiers. If this functions out the means they desire it to, the supplies may elevate.

If you have 100 supplies worth $2 each and also the firm divides its supplies, you will certainly after that have 200 supplies worth $1 each. If a business is offering supply for $300, a capitalist may believe that is over their spending plan, however if the supply is split as well as finishes up at $150, the capitalist could take into consideration that an affordable rate. Dividing supplies is a video game where the worth does not go up or down however individuals favor supplies which appear to be less costly and also assume they are obtaining a much better offer.

An additional business may turn around divide their supply, implying you had 10 supplies worth $200 prior to. It may desire to make certain the business does not obtain de-listed or one more factor for a reverse supply split is when you desire less investors, possibly desiring to make your business exclusive.

The post Supply Splits And How You Can Profit From Them appeared first on ROI Credit Builders.

Supply Splits And How You Can Profit From Them

Supply Splits And How You Can Profit From Them

Supply splitting is something that financiers like. When supplies divided, it suggests you have two times the quantity of shares you did previously.

Firms occasionally like to divide their supplies down the center. If you have 100 supplies worth $2 each and also the firm divides its supplies, you will certainly after that have 200 supplies worth $1 each.

If a firm is marketing supply for $300, a financier may assume that is over their budget plan, however if the supply is split as well as finishes up at $150, the capitalist may think about that an affordable rate. Dividing supplies is a video game where the worth does not go up or down yet individuals choose supplies which appear to be less expensive as well as believe they are obtaining a much better bargain.

An additional firm may turn around divide their supply, indicating you had 10 supplies worth $200 prior to. If a firm really feels that its supply rate is also reduced, it will certainly take into consideration doing a reverse split. It could desire to make certain the firm does not obtain de-listed or an additional factor for a reverse supply split is when you desire less shareholders, maybe desiring to make your business personal.

They have much more liquidity if a firm has reduced supply rates. Even more individuals discover the supplies economical and also there is as a result even more passion in them.

In some cases, nevertheless, supply splitting could supply incorrect hope for capitalists since a capitalist will certainly anticipate specific returns on his financial investment when the supply cost modifications. They may shed the market’s self-confidence which suggests dropping supply rates if the business does not provide what individuals anticipate.

The firm will certainly divide its supplies to change the assumption of its financiers. If this functions out the means they desire it to, the supplies may elevate.

If you have 100 supplies worth $2 each and also the firm divides its supplies, you will certainly after that have 200 supplies worth $1 each. If a business is offering supply for $300, a capitalist may believe that is over their spending plan, however if the supply is split as well as finishes up at $150, the capitalist could take into consideration that an affordable rate. Dividing supplies is a video game where the worth does not go up or down however individuals favor supplies which appear to be less costly and also assume they are obtaining a much better offer.

An additional business may turn around divide their supply, implying you had 10 supplies worth $200 prior to. It may desire to make certain the business does not obtain de-listed or one more factor for a reverse supply split is when you desire less investors, possibly desiring to make your business exclusive.

The post Supply Splits And How You Can Profit From Them appeared first on ROI Credit Builders.

CareRev (YC S16) Is Hiring a Head of Marketplace (Operations – Supply Side)

Article URL: https://grnh.se/1960239c3us

Comments URL: https://news.ycombinator.com/item?id=23082229

Points: 1

# Comments: 0

The post CareRev (YC S16) Is Hiring a Head of Marketplace (Operations – Supply Side) appeared first on Get Funding For Your Business And Ventures.

The post CareRev (YC S16) Is Hiring a Head of Marketplace (Operations – Supply Side) appeared first on Buy It At A Bargain – Deals And Reviews.

Recession Supply Chain Management in the Era of COVID-19

Conditions are changing on the fly. It’s hard to find certain products on the shelves. COVID-19 (the novel coronavirus) has utterly disrupted the supply chain. This is so even if you never received products or raw materials from Asia. And with the economy slipping, a recession seems a certainty. You need recession supply chain management.

Suddenly, You Need to Concern Yourself with Recession Supply Chain Management

Our world of business has changed. Right now, business owners are more concerned than ever before. Many are uncertain of what to do. It’s a time to be wondering about how to get the capital you need to grow, and whether it’s possible to survive and thrive. But you can!

Everything is Moving FAST These Days

Conditions are changing on the fly. Several states have already closed restaurants and bars and other nonessential businesses. Others are limiting gatherings, if they can get people to listen and do as requested. Still others have lockdowns in place. Stores are having trouble keeping stock on the shelves. Customers and prospects are getting jittery.  But you can still build business credit. In fact, you should.

Supply chains are breaking down. If you get goods from China, they you’re already feeling the pinch. This includes if you only get one raw material from China. It can be harder to get basic supplies. Unfortunately, hoarding is a very real problem right now. But did you know that starter vendor business credit can save you?

Building Recession Supply Chain Management Right into Business Credit Building

Here’s how business credit is built. Having an EIN doesn’t mean you have established credit. If you go to a bank to try and get credit using your EIN with no credit established, you’ll ALWAYS get denied, guaranteed! That is unless you have good personal credit and use it for approval while supplying your personal guarantee. It doesn’t have to be that way. Now is the perfect time to get rolling with business credit. Take advantage of changed circumstances and strike while the iron is HOT.

Let’s look at building business credit the right way. You cannot start with high limits. First you must build starter trade lines that report (vendor credit). Then you’ll have an established credit profile. Then you’ll get a business credit score. With an established business credit profile and score you can start getting high credit limits. Acting now can only help you later.

Recession Supply Chain Management with Starter Vendor Credit

What is starter vendor credit? These trade lines are creditors who will give you initial credit when you have none now. These are often vendors who can give you basic business supplies such as shipping boxes, Outdoor work wear, Ink and toner, Office Furniture, and yes, paper goods! They often offer terms such as Net 30, instead of revolving. However, there are some revolving accounts which are still considered to be starter vendors.

Details

Here are the typical details on vendor credit accounts. So, if you get approval for $1,000 in vendor credit and use all of it, you must pay that money back in a set term, such as within 30 days on a Net 30 account, or 60 days for a Net 60 accounts. Unlike with revolving accounts, you have a set time when you must pay back what you borrowed or the credit you used. To start your business credit profile the right way, you need to get approval for vendor accounts that report to the business credit reporting agencies. Once that’s done, you can then use the credit, pay back what you used, and the account goes on report to Dun & Bradstreet, Experian, or Equifax.

Once on report, then you have trade lines, and an established credit profile and score. With your newly established business credit profile and score, you can then get approval for more credit under your EIN. For vendor credit, you can leave your SSN off of the application. Then the credit issuer then pulls your EIN credit, sees a solid profile and score, and can then approve you for more credit. No matter what the economy is doing, this is very doable.

Not Using Your Social Security Number

Let’s look at what it means when you’re not using your Social Security Number. You can’t leave your SSN off bank loan applications or many other credit applications, if that credit is ultimately issued by a bank. This is because federal law requires a Social Security number on the application. It’s to prevent fraud. But for starter vendors, so long as it’s not through a bank, you can leave your SSN off the application. Just leave that field blank. Don’t fill in any other number, because if you do so, you’ve just broken two federal laws.

Recession Supply Chain Management Credit Suite

Learn more here and consult with us about getting started toward growing small business credit in a recession.

Starter Vendor Credit Benefits and How They Can Help You with Recession Supply Chain Management

Check out these starter vendor credit benefits. Vendor Credit is an important step in building business credit. Vendor Credit is easier to get than store or fleet credit. It can lead to more credit. Establishing credit will lead to lenders approving you. This process is proven to work! As we pause and regroup, it’s the perfect opportunity to build starter vendor credit.

Consider the process of building business credit. You will need to have credit to get more credit. Getting initial credit is the hardest part. Many trade vendors who issue credit don’t report it to the business reporting agencies – as in over 90%! So, you must find sources which actually report.

Vendor Credit to the Rescue for Better Recession Supply Chain Management 

Here are three Companies which provide vendor credit and report to the business credit reporting agencies: Uline, Quill, and Grainger Industrial Supply. 

And they can ALL help you get basic supplies, no matter how well your current supplier is stocked.

Uline

We talk about Uline a lot, and it’s for very good reasons. They sell shipping, packing and industrial supplies. They report to Dun & Bradstreet and Experian. You must have a D-U-N-S number and an EIN before starting with them. You need for an order to be $50.00 or more before they’ll report it. Your first few orders might need to be pre-paid to initially so your company can get approval for Net 30 terms.

To qualify, you need an entity in good standing with Secretary of State, your EIN number with the IRS, your business address (matching everywhere), a D-U-N-S number, your business license (if applicable), and a business bank account. Your application may get approval for net 30 at time of order. Upon final review, their Credit Department may change to a few prepaid orders, before granting Net 30.

How Can Uline Help You with Recession Supply Chain Management?

Here’s how Uline can help. Among many other things, they sell toilet paper and paper towels. You can get retail bags. New Hampshire, for example, is going to single-use to slow transmission of COVID-19. Other states may follow suit. But you may have to wait a few weeks to get your delivery. This is not usual for them, it’s just the current circumstances. Deliveries should speed up in the future. Note: due to high demand, you can only order nitrile gloves if you already have ordered them from Uline before. You can visit them at: uline.com.

Recession Supply Chain Management Credit Suite

Learn more here and consult with us about getting started toward growing small business credit in a recession.

Quill

Let’s look at Quill. They sell handheld computers, shipping supplies, cleaning supplies, and more. They report to Dun & Bradstreet. If you are not given a Net 30, they will ask you to do prepaid orders of $100.00. Normally any prepaid order won’t report. So you need for them to have given you a Net 30 account. Net 30 accounts require a $50.00 purchase to report.

To qualify, you need an entity in good standing with Secretary of State, your EIN number with the IRS, your business address (matching everywhere), a D-U-N-S number, your business license (if applicable), and a business bank account. A new business or businesses with no credit history may need to prepay until Net 30 approval.

How Can Quill Help You with Recession Supply Chain Management?

Here’s how Quill can help. Among many other things, they sell hand sanitizer, paper towels, and toilet paper. Due to high demand, delivery may be slower than usual. Currently, their $45 minimum for free shipping has been waived. Right now, everything they sell is shipping for free. You can visit them at: quill.com.

Grainger Industrial Supply

Check out Grainger Industrial Supply. They sell hardware, power tools, electrical supplies, pumps and more. And they also do fleet maintenance. They report to D&B. Orders must be $50.00 or more to go on report. Terms are Net 30.

To qualify, you need an entity in good standing with Secretary of State, your EIN number with the IRS, your business address (matching everywhere), a D-U-N-S number, your business license (if applicable), and a business bank account. They may ask for additional documents for approval. If a business doesn’t have an established credit, they will require additional documents like accounts payable, income statement, balance sheets, etc.

How Can Grainger Industrial Supply Help You with Recession Supply Chain Management?

Here’s how Grainger can help. Grainger remains committed to staying open. They’re currently sold out of hand sanitizer, and a lot of their face masks are sold out, but they do have toilet paper, Lysol, and rubbing alcohol. Some delivery estimates are faster than others. You can visit them at: grainger.com.

Recession Supply Chain Management: The Upshot

Times are changing rapidly. But one constant in life is business credit building. Starter vendors can supply a lot of what you need right now. So consider changing your supply chain and build business credit while weathering the current storm. Get paper goods, cleaning supplies, and so much more. Our Business Finance Suite has even more starter vendors. We’re all in this together.

Recession Supply Chain Management Credit Suite

Learn more here and consult with us about getting started toward growing small business credit in a recession.

The post Recession Supply Chain Management in the Era of COVID-19 appeared first on Credit Suite.