December 7, 2012
Everyone has a favorite tool (like a Swiss Army knife) that seems to be the first one we reach for when there is something to be fixed. It’s the same way in management! When faced with new challenges and problems, I look for my Pareto Principle to help me decide how to handle the problem. […]
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November 2, 2012
Everyone would agree that maintaining control of the raw materials inventory is important, if not critical, to successful production operations. You can’t produce a product if you have no raw material! Yet I’m amazed at the companies that cringe at the thought of managing their inventory. When they think of inventory control, they have visions […]
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