8.5 ways to improve inventory accuracy
1 - 5S – sort, straighten, shine, standardize and sustain your inventory
• Classify and sort inventoried goods according to their turnover (Pareto or ABC analysis).
• Get rid of all the obsoletes. Sell them, give them away or throw them away! Why wait?
• Create a routine so that poor (dirty and untidiness) conditions are not tolerated.
Continue Reading Add comment March 1st, 2005
A new year, a clean slate and a challenging economy…..what an opportunity!
At some level, we all think we are doing our best for our shareholders, customers, employees and vendors, but will the same old way still work? The world economy continues to change so fast it’s frightening…
Continue Reading Add comment January 1st, 2005
“It’s Not Fair”
• It’s not fair that our competition’s labor costs 10% of ours.
• It’s not fair that our health care costs rise 20% or more each year
• It’s not fair that our raw materials (steel, petroleum products) are sometimes scarce and their costs are rising by double digits…
Continue Reading Add comment November 1st, 2004
“Selling Change”
So… few of your employees really believe the newest operational changes you are suggesting are worth their effort. Well, after nearly thirty years of experience as a change agent I have some hints for effectively managing change that you may find useful…
Continue Reading Add comment January 1st, 2004
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