in 1996 to 22% today. Headquartered in Bangalore, TNT India has strength of over air freight3500 trained professionals. Today, TNT operates 1530 vehicles and the domestic network has over 7 major hubs in Delhi, Kolkata, Nagpur, Mumbai, air freightBangalore and Chennai with a total of 327840 square feet area. In addition they have 13 depots, 16 Area Oir own clients with full insurance cover and peace of air freightmind. What this means for the client, big or small is a constantly improving service that is provided by freight forwarding companies and air freighttransportation and parcel delivery companies. With respect to those firms, the ones that offer the top services will beat out their competition by attracting the bulk of the customers. As such by having the very best carriers insurance policy, this air freightprovides a first rate service to their clients. Author’s Resource BoxChelsea Black writes on a variety of subjects including that of mills, treadmill under $1000, discount Author RSS Feed Looking for a cheap treadmill? In the current economic climate many people are passing on a gym membership and investing in a home treadmill that the whole family can use. A treadmill can also help save on medical air freightbills as regular exercise is proven to help with everything from weight loss air freightpeople can t afford to spend $2000 on a treadmill. So where can you get a treadmill cheap? Here are 3 ways to save and get a better treadmill for less. #1 Buy Online Oftentimes when you buy online, the seller ships directly from their warehouse. They don t have to pay for a storefront with rent, lighting, sales peopletransportation and freight forwarding topics including carriers insurance and similar types of clienCFO Insider Tools: Flexible Budgets Author : Todd Rammler Submitted : 2010-04-20 01:20:35 Word Count : 544 Popularity: 15 Tags: Author RSS Feed For many years, I ve been a fan of what is known as a Flexible Budget. This is not flexible budgeting in the sense that the government uses No money in the budget? Hey, we re flexible. Spend away! No, a flexible budget is actually a very useful management tool which brings a new level of clarity to budget to actual analysis. In essence, it allows a transparent look at budget to actual results for variable costs generally direct costs by eliminating the sales variance component. If direct costs (Labor, Materials & Freight) are budgeted for on a percentage of sales basis, then we can easily create a Flexible Budget to analyze how well we performed in each class of direct costs. Since we will never hit our budgeted Sales level exactly, the variation in actual Sales vs. budget can cloud our assessment of how we did on the direct cost budget. The larger the Sales variation, the more potential there is to reach an inaccurate conclusion. The flex budget determines What should direct costs be for a given level of sales? As an example, wel create our budget with an assumption that Sales are projected to be $1,000 and Materials costs are 50 of Sales, or $500. At the end of the month, if actual Sales are $1,500 and Materials costs are $550, how did we do? If we look at Materials costs in the traditional Budget vs. Actual report, it looks like an unfavorable variance of (50). But how much of that is due to the Sales variance, and how much is truly a materials variance? Using the Flex budget, we reset the direct costs budget (it flexible) to show ACTUAL Sales x the budgeted PERCENTAGE of Sales. Based on Sales of $1,500 our Materials budget changes to $750 instead of the original $500 Sales were 50 higher than budget, so we should expect to use 50 more materials. Now we see the true materials variance is actually a Favorable $200, as opposed to an Unfavorable $50. The Materials Manager just went from getting fired to getting a bonus. The flex budget really brings clarity to management s performance on variable costs and eliminates the co mingling of sales (volume) variances and usage or efficiency variances. Both reports are useful for different types of analysis. And the Flexible Budget can be an important tool in the analysis toolbox. For more information on using a Flexible Budget in your business, please contact us at Todd Rammler, a.k.a. The Small Business CFO is President of Michigan CFO Associates, a professional firm providing outsourced Chief Financial Officer services to small business owners. He is a Certiahead of their competition by providing thehttp://www.gfsforwarding.com/services-solutions/air-freight/
