Four Measurable Objectives
A few weeks of the new year are already behind us. For many dealerships across the country, January marks more than the start of the calendar year. It can also signify the beginning of the fiscal year. Forecasts from last fall now show up as targets on our financial statement. All of the new initiatives, programs and best laid plans we devised to meet those goals should now be in the implementation stage. As exciting as it is to...
Plan the work for 2019 and…
You know the next line which is THEN WORK THE PLAN. It is a proven fact. If you follow the plan you set for yourself, you have a better than average chance of reaching them. Sounds reasonable, does it not? It is reasonable if you focus on the proper plan and have the resources, which include systems, processes and personnel to execute the plan. I guess you would start the planning process assessing your markets, cost of products, cost...
Tips for increasing warehouse productivity
Mobile weighing key to improving efficiencies to meet new consumer buying trends Improving efficiencies in the warehouse is critical to meet current consumer trends, which are being driven by e-commerce and home delivery of groceries, to name a few. Warehouse productivity is affected by the type, size, and variety of materials being moved in the warehouse to meet these demands. While changes to these factors over time may increase or...
RMI makes seminar available on Industrial Steel Storage Racks
During MODEX 2018, held this past April in Atlanta, members of RMI presented a free, on-floor seminar to attendees. Entitled “Considerations for the Planning and Use of Industrial Steel Storage Racks,” the 40-minute session’s slides and audio were recorded for those who were unable to attend, or wish to revisit the information. Via the presentation, potential and current end users and owners of industrial steel storage racks take a...
What is next: The top trends impacting supply chain management in 2019
The ability to manage the four “Ts”—technology, trade, talent, and transportation—will define how well supply chain organizations can meet customer expectations in the coming year DHL Supply Chain, a provider in contract logistics and part of Deutsche Post DHL Group, has shared the top supply chain trends for 2019. While there are a number of emerging technologies that supply chain managers should have on their radar, from blockchain...
Your most important business success metric – Customer Loyalty
Business is besieged with metrics. Return on Investment (ROI), website visits, website return visits, shopping cart abandonment rates, and average customer spend are all important and well used metrics to evaluate the success of a business. As with all business problems, everyone agrees that metrics are vitally important. What no one can agree on is which metrics are the most important. Until now. The most important marketing...
What happened last year? And what’s the goal for the New Year?
It’s interesting to me that at the end of the year, people are always interested in your biggest success, or your biggest failure, in the year that’s ending. They also want to know what you have resolved to do new and better next year. Everyone wants you to write down your goals, your plans, your dreams, or, in the short term, your New Year’s resolutions. All of the above is a bunch of hooey UNLESS you have a better...
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