Biomedical Science Jobs in the UK

iomedical science jobs in UK can lead to a prosperous career and profession. Well, biomedical sciences are the one of the most promising sectors in UK nowadays.

Ample of growth, thousands of job openings and decent salary packages, biomedical sciences are surely the best place to pursuit your career! Just think about its broad scopes, molecular biology jobs, biology jobs, biotechnology jobs and many more, all fall under blooming biomedical science jobs.

Why go for Biomedical Science Jobs in the UK!

UK is one of the most favorite places for biomedical jobs. Students, professionals or other people in the field of biomedical consider UK the prissiest place. In UK, you find galore of scopes in biomedical whether you are from medical or non-medical background.

  • Better infrastructure, professional growth and better environment are some features that make UK perfect for Biomedical Science jobs!
  • Government support and encouragement add to the value of biomedical science jobs in UK. In addition, medical firms and organizations provide thousands of jobs opportunities to fresher and experienced people maintaining the equilibrium.
  • Foreign people too can access for biomedical science jobs in the UK. Policies and local authorities, organizations are pretty friendly for foreign students and job seekers.
  • Here are some of the most renowned medical firms and organizations, equipped with modern facilities draws great scholars, researchers from all over the world.

The best thing about Biomedical Science jobs is that it provides several gates like molecular biology jobs, biology jobs, biotechnology jobs and numerous others. Let’s go through them one by one:

Molecular biology jobs: Molecular biology involves the blend of the genetics and chemistry sectors! Most of the upcoming generation is opting molecular biology as career and job profile. With the recent developments and discoveries in the sector have made molecular biology more attention-grabbing!

In molecular biology professionals are highly demanded nowadays. Research, forensic analysis or many others are required worldwide. In UK, there are lots of medical and other organizations like from chemical industry that hire molecular biology experts.

Biology jobs- This can be termed as the umbrella sector for all kinds of jobs fall under biology sector. Since biology is self a gigantic sector, there is never end of job opportunities. People from all backgrounds can come into the biology sector. The only qualification you need to carry is love to the nature.

In UK, environment, wildlife and other similar nature things are highly regarded. If you make career in it, you can touch several professional heights. Agriculture to Wildlife, all the gates are open if you opt for biology jobs. In addition, biology sector assures a good package and professional growth as well.

Biotechnology jobs- This is one of the newest addition in the biomedical science jobs. With the blend of technology and bio sector, this field has emerged to be most promising! Also, known as bio-engineering, job prospects have been superb in this sector!

Especially, UK has been the perfect place for biotechnologists and aspiring ones. Robotics, cell biology and bio chemistry and many more aspects are available for Biotechnology. Medical, genetics, research and many other sectors have been greatly recruiting biotechnologists! These professionals are paid handsome packages and even good packages are availed at fresher level as well.

Planning to switch to Biomedical Science Jobs, just you need to forward your CV and find scores of jobs suiting your profiles. UK’s largest science job portal offers you best job opportunities from biomedical science sectors.

‘call if you Need Me’ by Carver

Raymond Carver is a famous writer whose importance in American literature is impossible to overestimate. His prose is exceptional, accurate and clear. In the 1980s a deep interest and vivid representation of the private lives of Carver’s characters became an innovation in literature of that time. ‘Call if You Need Me’ contains five brilliant stories which give the last look on the writer’s works. Reading his stories a person gets only a pleasure.

Raymond Carver’s book ‘Call if You Need Me’ appeared after the author’s death. It is a complete collection of fiction and it includes all of the prose collected in ‘No Heroics’ and five stories which were written by Carver in the second part of his life. The book ‘Call if You Need Me’ is a collection of stories which describe lives and small crises of ordinary people. The story ‘Call if You Need Me’ displays author’s unique prose style as he puts his characters, ordinary people, to solve everyday problems, family crises – in a word, ordinary life problems.

The plot structure of the story ‘Call if You Need Me’ consists of the major elements: exposition in which the author introduces characters, place of development of events; rising action, in other words, the crisis of several characters; climax, or turning point of the whole story; falling action and resolution. The author does not invent extraordinary things; he composes the plot of the story showing common situations in life. Every reader can be convinced of Carver’s talent, his unexpected and immediate writing having read the story. ‘Call if You Need Me’ is about the dissolution of a long-term marriage, one of the major themes of his stories.

The first part of the plot structure (exposition) in this story is the introduction of a married couple who decide to spend the summer together renting a summer place far from their house. This decision and the change of conditions is only an attempt to maintain their relationships. Thus, this is the beginning of the end of their marriage life. Rising action takes place when a couple discusses the possibility of having a dog. The episode with a dog is symbolic. This abstract from the story clearly demonstrates that these people will not live together and their attempt to ‘repair’ their marriage will not bring positive results like in the decision to have a dog.

The climax, or turning point, and falling action come when the couple has the final moment watching wild horses running. No one makes effective scenes like Carver does. The author uses a word ‘magic’ in the description of this moment. Symbolic words are characteristic for Carver’s works. His stories are full of delusive simplicity in the description of characters who attempt to make their lives better. Everyone gets a pleasure from reading them. In every page of ‘Call if You Need Me’, Raymond Carner shows his magnanimity and loyalty to his characters. He pictures relationships of a man and a woman with many nuances.

‘Call if You Need Me’ is a marvelous story, beautiful in every description, in every word. Much attention is paid to small details and moments in a couple’s life. Carver uses every word in a description. The author admires actions of people and they are everywhere in a story. He has a rare ability to look deep into a soul and display the inner feelings. Raymond Carner composes a story according to his plot structure. He masterly leads his readers to a final point in a story. The result, final point in a story is obvious and the author helps readers to see it.

Filing for Divorce: Free Divorce Forms Online

Filing for divorce could be a complicated task. You hear about quick divorces, and then there are “messy” divorces and the “divorce from hell.” There are many tasks required when it comes to any divorce. In the modern day, you can now utilize free divorce forms online.

What are divorce forms?

Divorce forms are papers where both parties provide information and form agreements to legally settle their divorce. Divorce documents are useful tools for future reference when it comes to financial issues, properties and having children.

Is obtaining a free divorce form online the best thing to do?

Filling out forms yourself can save a lot of time and money as opposed to hiring a divorce lawyer. If cost is a concern for you and there are no children or property divisions that may be involved, then using a free divorce form online may be the best for you. These are some of the benefits you can get from using divorce forms online:

– Immediacy and convenience – Using a divorce form online does not require you to show up in court and will not hinder you from traveling or relocating.
– Financial security – Divorce papers can secure your finances now and in the future.
– Good for uncontested divorces – Online divorce sites are tailored for uncontested divorces where both parties agree to make a mutual separation.
– Lower costs – You can represent yourself as your own lawyer without bringing in a third party or incurring extra costs. Online divorce services that aren’t free still offer their services at a much lower cost (less than $1,000) compared to hiring a lawyer, which can cost you thousands of dollars.
– Improved forms – There are now many free divorce forms online that deal with more complicated property divisions.

Although many do use free divorce forms online, they still have some risk. In some cases, online divorce services may not be for you. Here are the downsides of using online divorce services:

– Online forms usually pay attention only to technical aspects—issues that are more complicated and emotional like in the case of child abuse or financial disputes cannot benefit from answering technical questions alone.
– Online divorce services cannot offer complete financial protection. If one party is dominant over the other when it comes to sharing assets, these assets could be split unfairly.
– Not all online divorce forms are for every state.

Where can I find safe websites?

Look for national websites. For example, a national website usually indicates what state its legal forms are appropriate for. The services provided in these websites are absolutely legal. The process of online forms involves signing, notarization and filing and can take only two days.

Since every state has its own laws, try to search for online services that specifically cater to the particular state you are in.
Do not consider online services as your lawyers. These services only act as a guide to assist you in the preparation of your divorce.

Why Is Auto Coverage So Expensive For Teen Drivers?

Teens aged 16 are at an age that is exactly midway in the teens but also a sweet time, when they start thinking of getting part-time jobs, dates, and eager to drive cars. The gas and hit the legs, spastic boy is a girl, and the key to hand, and we look forward to freedom!

Of course, it’s not really free. In fact, even if you can agonizingly steep cost of insurance, driving a car that is statistically low risk and safe driving course teen driving appropriate. Your child often wonders why you keep your keys in your pocket, keep shouting, crying and sweating when you check to see what the price of insurance is.

Insurance rates for teens is higher because as a demographic group, teens usually put more demands on their insurance than other groups. That allows the company to break even on pay-out and operating costs, with a bit over as profit for the company and its stock holders and the way insurance works is by spreading risk over group of similar individuals, charging a price.

The insurance company is going to determine how likely the person being insured is going to need a payout and how much it would be, and then they use that amount to determine how much the premium would be.   This segment of math and science is grouped under the subject of “statistics.”

This is the spot where the preciseness of the numbers squeezes insurance buyers. Statistics show that teenage drivers are involved in more crashes than non teen drivers. A lot more : Not just a bit more. A 16-year-old driver is three times as likely to die in a car crash than any other driver, and that death rate improves very slowly over the next few years.

Teens require far more pay-out than other drivers and the teens have more wrecks, teens cause more wrecks. According to AAA estimates, Teenage accidents result in $34 billion in damage every year. What is yes, billion? To pay for that big, bad $34 billion and it should not surprise you that the insurance companies demand enough extra money.

And then your children claim that they will be carefully, since they are top-drivers, having followed the driving lessons step by step and trained for the case of an accident.

Special ed for emergencies, the statistics improve and the good news is that, first, if you child has taken driver’s ed lessons. They get even better when your teenager waits a year or more before beginning to drive. Certain safety features may save you money since many insurance companies take these factors into account when calculating insurance costs. To a properly educated young driver with extra training and a bit of extra age and it is not impossible to find a responsible company that will grant a lower rate.

first thing you find out who will cover your child for better price is to do your homework this is the best way Assess policies, meet with agents, and always be sure to obtain bids. In the beginning is to go online and search for quotes on driver’s insurance for teens and quotes can be gotten in a number of ways, but one of the quickest.

Then take a good, careful look at your homework and at your child and when you have done your homework, evaluated the plans. Keep at the forefront of your mind how important each of your children are to you and don’t let them take advantage of you.

The reality of your child, carefully, responsibly, it could drive the hour to pay a lot of money on insurance, think like a child … and then, safe driving and will be, hand over the keys.

Nursing Programs-how to Become a Nurse

A career in the medical field is a good choice nowadays. Due to increased demand for healthcare professionals, a career in nursing is especially popular. Nursing educational programs vary a great deal, and sometimes it is difficult to choose which program better fits one’s ambition, age, or financial situation. Basically, there are three different nursing programs available: a licensed vocational nurse (LVN), an associate degree in nursing, and a bachelor degree in nursing.

The simplest route to becoming a nurse is to enroll in a vocational nurse program. In Texas and California, the basic nursing career is called a licensed vocational nurse (LVN), but in other states it is called a licensed practical nurse (LPN).

Most vocational nursing programs can be finished in one year which is a great choice for people interested in a fast track to a nursing career. LVN programs have different entrance requirements. Some programs require prerequisites courses such as math, English, and medical terminology; others require only a high school diploma and a passing grade in the LVN pre – entrance exam.

After completing the LVN program, graduates receive a certificate or diploma in vocational (practical) nursing. Finally, they are required to take the National Council Licensure Exam. Passing this exam ensures that a LVN is ready to enter the nursing field at an entry level.

Licensed vocational nurses can also advance their careers by applying their LVN certificate toward the Registered Nurse bridge program. It is important to keep in mind that most vocational schools do not offer college credits. Therefore, if a graduate of a vocational school wants to become a Registered Nurse, he or she will need to take additional college courses in English, psychology and anatomy.

So, when looking for a vocational nurse program, it is important to choose only those schools where students have transferable credits.

The next path into nursing is to obtain an Associates Degree in Nursing. This program has to be approved by the state’s Board of Nursing and usually takes 2 years to complete. There is such a demand to attend this program at community colleges that in some cases there is a two to three year waiting list before one can enter the program.

Requirements for entrance includes chemistry, psychology, anatomy, microbiology, college level English and math courses. There are many private schools for those who do not want to lose time. However, the cost of such nursing programs could be about five times higher than in the community colleges.

In order to earn an RN license, one must pass the National Council Licensure Examination for Registered Nurses (NCLEX). Although an Associate Degree allows a student to become a Registered Nurse, the Bachelor of Science Nursing program has the best advancement opportunities in the job market.

For example, a graduate with a BSN degree can get more prestigious positions such as nursing administration, management, or even work at an insurance company. BSN programs are usually taken at four year colleges or universities.

The prerequisites are the same as for a nursing associate program plus a few additional classes, such as sociology, speech and statistics. Students who already have their Associate degree in nursing can get their Bachelor of Science degree through a bridge program.

A good schooling alternative is through online programs. There are no waiting lists, and online courses are not complicated. It is very convenient to do homework from a home computer whenever one has time. The flexibility of studying online doesn’t interfere with a student’s current job and gives him or her the opportunity to work, make money, and at the same time earn a Bachelor degree.

There are online accelerated programs offering Registered Nurse to a Master of Science in Nursing degree bridge programs without having first obtained a Bachelor of Science degree Some students complete the RN to MSN program in as little as two years! A Masters degree in Nursing gives one unlimited opportunities in the medical field including starting a private practice as Nurse Practitioner.

All in all, the health care market has experienced a nursing shortage, and one cannot go wrong by entering the respected medical professional regardless of which path to nursing is chosen.

Why the Home Business Entrepreneur Must Think Positive and Stay Motivated

When I first decided to become an internet entrepreneur and start my own home businesses, I thought I was in for a walk in the park. I really thought that it was going to be simple… and much, much quicker. Now don’t get me wrong, I do not EVER regret making the decision to work for myself. I literally earn as much money in a day that I used to in a month, and I work just a couple hours a day, even though I do not really need to, but I enjoy it.

But now I realize why it is that only 5% out of the 6 million people who swarm to the internet each day to make money ACTUALLY MAKE ANY! It is not necessarily a simple thing to do. I mean, it definitely gets easier once you learn the ropes, get your hands on some good opportunities, and find the right resources and tools. But just getting started can be frustrating and disappointing.

I know that I personally spent a lot of unnecessary time and money because I was rushing in, not doing my homework, and choosing unreliable opportunities. And even after finding all of the ingredients that I needed to succeed as an internet entrepreneur, it still required thousands of hours worth of time and effort. But as I said, it was all worth it.

Take a look at just about any story of a successful entrepreneur, self made millionaire, or highly successful person in any field, and often you will learn that they succeeded because they had persistence. Being able to persist can allow you to overcome any challenge or obstacles, and therefore makes you unstoppable toward your goals.

But what is it that makes some people more persistent than others? It is all about attitude. People who start their home businesses with a positive attitude and a healthy expectation to succeed are much more likely to be persistent than people who start off negatively. These people are always looking for the possible reasons why they might fail, and therefore they give up as soon as something does not go perfectly.

A positive attitude is needed for the end game, for taking people that extra step, the step unsuccessful people were not willing to make. It is optimistic people, people who are sure of their own success who are never willing to give up, and therefore they reach there goals every time, even if they take more work than they originally thought.

But a positive attitude is not only needed for the end game, but also for putting forth effort in the beginning, when no guarantee of success is in sight. Motivation is the driving force of entrepreneurs and home business owners, and the more of it they have, the faster they propel themselves toward their goals.

Motivation is also the offspring of a positive mental attitude. When you know exactly what what you want and you have a clear objective to strive for, and you really believe that you are going to reach that goal, you will have more than enough motivation, enthusiasm, and passion to do anything necessary to get started and reach the finish line.

So how can you begin thinking more positively, therefore giving you more power to reach your goals? Well just as with anything else worthwhile in life, practice makes perfect. Begin watching your thoughts, and when you notice that you are thinking negatively, consciously make the switch to a more positive thought.

And how can you tell whether a thought is a positive thought or a negative one? By the way that you feel! When you feel bad, like when you are worried, stressed, or fearful, you are thinking about something you do not want. This is what you want to change. You only want to pay attention to the thoughts that make you feel good, confident, and always expecting the best.

Live On Agricultural Land In The Uk Legally Without Planning Permission

It does seem unlikely in our heavily regulated planning system that it would be possible to carry out any development on agricultural land without planning permission. However, as the book “Field to Farm” demonstrates, it is possible to live, build a barn and start a business, all without planning permission, on ordinary agricultural land in the United Kingdom. The book uses current planning law only and does not rely on the Human Rights Act, which has been used by some others to occupy land. Many people, at one time or another, have wanted to get away from it all, escape the rat race and live the “good life”; to buy a piece of land, live on it and keep a few animals. If you are one of these people, and this is your time, then this book is for you. It will guide you through the process, explaining all you need to know, pointing out the pitfalls.

The guide covers the following:

1. Acquisition of the land, what to look for, what to avoid.

2. Explain why planning permission is not required.

3. Siting and construction of the 465 square metre (5000 sq ft) barn.

4. Selection and siting of the dwelling.

5. The infrastructure and services.

6. A selection of businesses that can be run, and the tests that will need to be met, to get planning permission for a house.

7. How to set up and run your own touring caravan park without planning permission.

The usual way to start a smallholding is to buy a piece of land (you will be very lucky to find a piece close to where you live), then make a planning application to live on the land. For this application to be successful you will be required to prove “functional need”, which simply means you have to justify why you need to live on the land. In effect, this always means care and welfare of agricultural animals. This can be problematic if you have no animals. It will mean that when you seek planning permission it will only be supported by a business plan, which you will need to get from an experienced agricultural planning consultant, which costs money and time. The most successful method is to have an animal enterprise up and running and then apply for planning permission, although this can have its own problems. The council may well take the view that you have operated the animal enterprise without living on the land, so what is the need to live on it now? This is a “catch 22” situation. This approach can take a great deal of time and money, particularly if you have already bought the land. You will receive no help from the local authority planning department who, in general, are not keen on seeing new buildings in open countryside. Generally you will be fed misinformation about what you can and cannot do on agricultural land.

If you are successful in obtaining planning permission it will be for a mobile home for a period of 3 years (no extensions), and in this period you will need to prove “viability”. Passing the viability test means earning the minimum wage from the business for at least a period of 1 year out of the 3. If this test is met, then planning permission would be granted for a permanent dwelling which would be of a size commensurate with the income that can be earned from the holding, on the minimum wage. It would be a small house. It will also be necessary to demonstrate that the business is “sustainable” (in this context meaning “likely to continue” rather than environmentally friendly); this is normally demonstrated by continuing investment in the business or in an additional enterprise or building.

The house is likely to come with some planning restriction placed upon it. The usual one is that the house and land can only be sold together or an “agricultural tie” which restricts the people who can live in the house. Usually only people who are working in agriculture or forestry, or who have retired from the same, are allowed in an agriculturally tied house. Sometimes some of the permitted development rights are removed, which means you cannot extend the house without planning permission and this is unlikely to be granted. The right to have a mobile home within the curtilage of a dwelling house may also be removed, although I am not sure that this would be enforceable if the Measor Principle is applied (this is explained further in the planning chapter).

If you use this book as a guide when setting up your smallholding, the outcome will be more positive: no costly planning application, only a 28-day notice (an agricultural prior notice consent form). You may move onto the land and live on it for up to 5 years without making a planning application, which gives you ample time to establish an animal-based business, thus avoiding the “catch 22” situation. This means that any land that is bought can, with certainty, be used as a smallholding. An additional advantage is that the work of setting up the smallholding can start in weeks, not months or years, thus giving you the time to become a viable profitable enterprise rather than having to be profitable in your 1 year in 3.

Some people want their smallholding to give them a self-sufficient lifestyle, a laudable ideal, but this will be a difficult way to get planning permission for a house. There are Government guidelines given to planners whereby some smallholdings are allowed to operate at a subsistence level, so long as they contribute to the rural economy in some other way; an example would be by enhancing and maintaining the landscape. This would be a difficult route to getting planning permission, as the house you would be allowed to build would be tiny. It will be far easier to follow the system set out in this guide with a more certain outcome. To do this you will need to make money, as much money as you can. The more income you have, the better the house you can build. After you have built your house you can be as self-sufficient as you like.

The only way this system will work is to be realistic. Forget the good life: every opportunity for making money must be exploited. This is why it is critical to buy the right piece of land, in the right place, and to diversify. You will need a main animal enterprise to satisfy planning, but you can also do lots of other things at the same time. You could have a petting zoo or a touring caravan park, and do seasonal things such as sell bedding plants in spring, a maize maze in summer, pumpkins in October, Christmas trees and turkeys, or even a farm shop. The possibilities are endless.

The one thing that I will keep coming back to is the land. It must be right for what you want to do. It must be flat, at least in part, if you want a touring caravan park and not wet or heavy soil if you want to grow Christmas trees. It is better to read this book all the way through, decide what businesses you would like to run, and then see if the land is suitable. Do your local research to see if there are opportunities for what you want to do. If not, change what you want to do, or change the location. Whatever land you select, it must have road frontage. The road must go somewhere and must have passing traffic (as much as possible). Without this traffic you have little chance of selling things to the public without spending a lot of money on advertising. For a relatively modest investment you should end up with a smallholding with an asset value of at least two to three times your initial outlay. It could be even more, so, from an investment point of view, it would be hard to beat.

The qualities necessary to create a smallholding are physical fitness, common sense, willingness to learn new skills, tenacity, adaptability and, with a partner, shared ambitions. Some degree of physical fitness is a must as there is quite a lot of manual work involved; if you are not fit to start with, you soon will be! Common sense, if you do not know, ask! If you decide to keep a particular animal, take a course, these are normally run by people who specialise in that animal and have their own businesses. Other sources of information are books and magazines about smallholdings. You will soon learn; everybody has to start somewhere.

Be tenacious, without being stubborn; stick with it, but not to the bitter end. If something is not working, change it. If it looks like it’s not going to work, drop it. Always try to be adaptable. Remember that “The Good Life” was not only a joke about Margo and Jerry; the biggest jokes were often the Goods with their fixed ideas and intransigent ways of carrying out their Utopian plans. Watch, listen and learn. There is always another way to do any job and, you never know, it might be better than yours. If you are married, or with a partner, you must both be committed to doing this. It’s a hard slog and you are going to need each other; if both your hearts are not in it, don’t do it. So please be a realist and this method will work for you. Now you can get on with reading how to do it. Good luck!

Invention Company Rip-Offs

Last year I wrote an article titled Invention Company Scams and How To Avoid Them. In that article I stated that the FTC estimated that invention companies scammed the public for over $100 million dollars a year.

Guess what? I was wrong. The real figure is over $300 million dollars.

I am now convinced more than ever that the ongoing theft of new inventor money will continue unless the public is educated and made aware of these invention company rip-offs. The financial rip-offs will only get larger especially in this economic climate we live in today.

As people continue to struggle with their bills, they look for other resources or avenues to be able to make money. It is a known fact that more money is spent on State lotteries during bad times.  Although I do not have statistics, I will make an educated guess that the same is true for inventors spending (wasting) their money with invention company hype and sizzle.

As I mentioned a year ago, the number one reason new inventors get ripped off is ‘GREED’. All new inventors believe they are going to make millions of dollars with their new gizmo or gadget. They get sucked into the web of the invention companies hype and sizzle. They listen to slick talking commissioned salespeople (they don’t know that at the time) and they believe what they hear because it sounds so good. The problem is the new inventor won’t realize they were scammed until after it is too late.

Well, if you are reading this article now and if you have not yet paid any money to any one of these scam companies, congratulations!

Now is the time for you to do your homework and research the invention industry. There are many excellent resources on the Internet that will provide you invention information from patents to marketing to product evaluations. These resources are free, just do the research.

Be careful though when browsing on the Internet. Don’t fall prey to the invention companies that advertise on the sponsored ad sections. If you are not familiar with sponsored ads, they are usually the ones placed on the right side of the search page you typed in your key word.

What may seem like an innocent internet search for you after you just had your eureka moment is an opportunity for the invention scam company to go to work.  Collectively they pay millions of dollars to respected search engines so that they can be on the first page of every keyword search.  This makes them seem that much more legitimate. Don’t be fooled by the repetition of the ads.

Some of the key points to look for in an ad by a scam company are:

  1. Free Inventor’s Kit or any other free offering
  2. Usually any ad where the title of the ad is a question
  3. How To statements such as How To Patent an Idea, or How To Market Your Invention, or How To Launch Your Invention

These are just some of the key points to look out for.

Please understand that there are many legitimate companies out there that can help inventors and we simply want you to be able to recognize the difference. If you fall prey to a scam invention marketing company you may even risk your ability to acquire strong patent protection in the future.

Some of the positive Internet sites to look for are:

  1. Invention Clubs or Organizations in your area
  2. Invention publications
  3. Any Federal or State Agencies such as the United States Patent and Trademark Office or the FTC.

As you research all of the sites above, you will better prepare yourself for moving forward with your invention idea and more importantly keep your money in your pockets.

Reduce Inventory Shrinkage – Put 2% of Your Annual Inventory Cost in Your Pocket Using "Carrots"

The way I hear it, the “typical” annual rate of inventory shrinkage in the retail industry is in the order of 3 to 5% – let’s split the difference and say 4%. “Industry Experts” (whoever they are…) suggest that of that total inventory shrinkage, 50% is due to external theft; 30% is due to internal theft; and 20% is due to “messed up paperwork”. Other reasons for business losses, such as breakage, robbery, and vandalism, are separate problems that we’re not going to deal with here.

Do the math in your head – what’s 4% of all the stock you’ve ordered this year worth? Pretty grim numbers. If you’re still with me, I’d like to suggest a way to reduce these figures by almost half – a way to reduce inventory shrinkage to a more manageable 2%! I work for a company that develops an integrated point of sale software system that ties together the front end point of sale with inventory control and back-end accounting, so it should come as no surprise that I’m going to suggest such a system as a solution to reduce inventory shrinkage. Many of our clients have reported a dramatic savings, enough to pay for the software and then some in less than a year.

What I’m not going to do is suggest that our Windward System Five is the only quality product that does what I’m going to cover – so do your homework and consider any POS system that measures up. A good Point of Sale system can help eliminate internal theft and “messed up paperwork” that accounts for 50% of the total inventory shrinkage.

In this article, I’m going to show how a Point of Sale system can be used to reduce internal theft by using various positive measures. Following articles will deal with reducing internal theft through increased security measures, while the last article will address how eliminating the “paperwork mess” can help reduce inventory shrinkage.

“Why would my staff steal from me!” you say? The retail industry attracts unskilled workers, often at minimum wage. Some will be tempted steal, for whatever reasons. What we will try to do is shift the Risk/Benefit ratio to a point where the risk of being promptly caught is much greater than the minimal benefits they can gain. Think of it as the ol’ “carrot and the stick” approach. The “carrot” includes things like fair compensation, a good working environment, employer-sponsored activities that improve morale, good communication and concern for the success of a company.

The only way to reach some employees is through a “stick” of an effective security program and a straightforward policy of prosecuting any employee caught stealing. A good Point of Sale system should balance between carrots and sticks. This article will out line some carrots, while the next in the series will be the sticks. Note: Any additional cost from “carrots” will be more than made up by savings from reduced inventory shrinkage.

• Reward good salespeople by paying commissions. Even a small percentage sends a good message. Your Point of Sale system should be able to easily track and report on commission sales
• People like discounts, and to save yourself from the “five fingered discounts”, set an Employee pricing level for some or all of your inventory. Your POS should help identify the profitability of inventory items, letting you set a variety of pricing levels. You can even expand on this by allowing staff to sell a certain amount of inventory at Employee discounts to friends and family (it does wonders for their ego). Monitor these amounts through your POS
• Move old stock and improve staff morale with the use of SPIFs (Sales Promotion Incentive Fund). A couple of movie tickets or a gift certificate awarded with a little bit of ceremony can go a long way. Any cost is more than made up by having moved stale inventory. Your POS should be able to easily report on specified SPIF-eligible sales • Profit sharing is the quickest way to make all staff feel they have a vested interest in making the company profitable. Think about re-investing the money saved from a successful inventory shrinkage reduction program back in to the company in the way of a profit sharing program. Your POS system should integrate fully with an Accounting backend, so profit can be monitored on an ongoing basis, rather than a month or two after year-end
• Good communication goes a long way to make staff feel they’re part of the company. Use the CRM part of your POS to keep track of employee birthdays and special events. Use the e-mail features to keep in touch with all the staff