
Inventory Management Remains Challenging
Every business person who deals with inventory management is involved in a balancing act. Keep too little inventory on hand and you risk losing sales and, on occasion, customers. Keep too much
Bradd C. Hayes is the active editor of this blog.
Every business person who deals with inventory management is involved in a balancing act. Keep too little inventory on hand and you risk losing sales and, on occasion, customers. Keep too much
Traffic congestion is a problem in most metropolitan areas and city planners are wrestling with how to deal with it. Many of them look longingly to the day when autonomous vehicles take
Many a pundit has predicted that companies failing to innovate and/or transform into digital enterprises will end up failing. Their reasoning is simple: The world is changing more rapidly than any other
Amazon recently announced a push to provide its Prime members with one-day rather than two-day free shipping. In a cheeky bit of journalism, Todd Bishop (@toddbishop) and Nat Levy (@NatJLevy) call one-day
Most discussions about crossroads focus on decision-making and choosing a direction to head. For example, author Mary Buchan (@MidLifestyleRN) writes, “Life presents us with moments of decision — crossroads where we either
Change and change management have roiled organizations throughout history. Centuries ago Niccolo Machiavelli, in his classic The Prince, wrote, “There is nothing more difficult to take in hand, more perilous to conduct,
For several years, social commentators have predicted we are transitioning to an experience economy. They insist younger generations are more interested in spending their money on experiences than possessions. Analysts argue the
We’re all familiar with the adage “knowledge is power.” The quote finds its origins in Sir Francis Bacon’s book Meditationes Sacrae, which was published in 1597. Written in Latin, the actual quote
Most people are aware the World Economic Forum declared data a valuable resource like gold. If the analogy is accurate, can an enterprise have too much data? Few people would argue an
Technology is constantly changing and efforts to keep up with those changes can be both head-spinning and costly. Nevertheless, there are some technologies that must be adopted in today’s business environment. One
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