It’s Not the Scheme You Run, It’s the Players on the Field (Part II)

Part II: In times of prosperity, businesses like to contemplate and plan for growth. Unfortunately, there is often a lack of promotible employees. In order to realize potential, a company must invest in recruitment, retention and education like never before.

Continue ReadingIt’s Not the Scheme You Run, It’s the Players on the Field (Part II)

Now is the Time to Sharpen the Saw (Part I)

Part 1: Leveraging the current business slowdown for strategic improvements, the focus is on addressing inventory accuracy and surplus management, emphasizing the need for cycle counting programs to enhance accuracy, and providing insights on analyzing and reducing surplus in slow-moving items, urging businesses to make the most of this time for future success.

Continue ReadingNow is the Time to Sharpen the Saw (Part I)

Now is the Time to Sharpen the Saw (Part II)

Part 2: In the conclusion of this series, key considerations for businesses during slowdowns include liquidating dead inventory, implementing perpetual dead stock management, exploring variable compensation for teams, and reviewing energy consumption for cost reduction, highlighting the need for proactive measures in challenging economic times.

Continue ReadingNow is the Time to Sharpen the Saw (Part II)