Anyone seeing MASSIVE delays with @FedEx ? Ordered a gift for my 20th anniversary last Monday. So far FedEx sat on in Utah for 2d, then 2d to Indy where it sat for 2d more. Still haven’t received it.
Come join @BruceCarnohan and me for a conversation on in what ways we've shifted our communication during what I'm referring to as "the debacle"
#leadership#communication#supplychain https://t.co/wcCiWPy7Zn
💡 #Manufacturing CFO’s: How much cash is tied up in your #inventory 💡
🤔 How does your manufacturing business compare to your peers 🤔
Do you know if you’re doing well, managing your inventory, or if inventory is getting the better of your cash flow?…https://t.co/U0C3flleNc
“Why isn’t this built right? Didn’t you see my e-mail?”
It’s one thing to send an email, or put a note in an electronic folder, it’s another to get up out of your chair and speak face to face.
It’s the difference between PASSIVE communication and ACTIVE…https://t.co/Y1iV7oYVFG
💡 Having good control of your #manufacturing#inventory requires you to…
...understand what the customer demand is. 🤔
The best #sales people ALWAYS look for a reason to 📞 call their customers 📞
Asking your customers what they plan on buying is a…https://t.co/iIWqzOqqrQ
A shout out of gratitude 🙏🏻 for everyone who joined @NancyValentine9, @Jasonkglr, and me for our small #middlemarket networking event last week.
With all the swirl going on, I think it’s a testament to good people staying connected "in the real world"…https://t.co/dHmNvf0hXc
💥Fix the hole in the boat 💥
Sometimes we get so caught up in trying to catch up, that we don't stop to fix the proverbial "hole in the boat"
You're bailing as fast as the water is coming in. You're barely staying afloat.
Case in point... #manufacturi…https://t.co/5iF8IFwgKJ
#Inventory and #WorkingCapital challenges may feel like you're trying to eat an elephant...
and you don't know where to start...
Well, as the saying goes, when eating elephants, the best way is to go one bite at a time...
Yeah, ok. That's great.
Wh…https://t.co/7vt91lKHk0
Reflecting on the first half of 2020, we have an opportunity take what we’ve learned to set the stage for the back half of the year.
Curious to hear your thoughts... https://t.co/IwdpMuCykK
❓ Do you have watermelon metrics 🍉 in your #manufacturing business ❓
"Watermelon" metrics are “green” 🟢 on the outside and “red” 😡 on the inside.
They are 🍰 "feel good" 🍦 metrics, that do NOT feel that way to your 😡 customers (or your financial…https://t.co/ORQsNQgBJl
🤔 When you look at your results, are you just "checking the box?"🤔
When you check the box, you "look" but you don't DO. 🙈
The numbers are there, but you don't take action. 😴
The opportunity is there, but you don't see it 👀
Often I hear people…https://t.co/WWxk8ppRXW
Do you like repeatability? Your customers and stakeholders do!
❓ Does your business produce repeatable results ❓
If you want to be REPEATABLE, you need PROCESS
To have a process, it must be
1) Definable, you can draw a picture of it
2) Predictabl…https://t.co/ZKzY7cI3DX
Do you want to create order 🙏🏻 out of chaos 💥
❓ Can you predict what your results will be ❓
One way to create order is by being PREDICTABLE, and you need a PROCESS to do that.
To have a process, it must be
1) Definable, you can draw a picture of it…https://t.co/35zZ7wGd6w
Can you tell if you're having a good day 👍🏻, or not-so-good day 😡 in your #manufacturing business?
🙈 Without metrics, you're literally driving blind 🙈
What are your "go-to" metrics, the metrics that matter?
Some common metrics are:
⌚ On-time deliv…https://t.co/LszhoG3PJH
In our third video, @robertschepens and I discuss Optimizing Production in the Ramp Up for #manufacturing businesses.
“We’ve always done it this way” NO longer applies and how your biggest enemy is the status quo.
We discussed the principles for busin…https://t.co/GlkfFlNe03
This Tuesday, June 9th we'll be discussing navigating #manufacturing supply chain challenges and how #inventory ties directly to CASH.
"Cash is King" has become more relevant with the disruptions manufacturing businesses have experienced over the last t…https://t.co/x8FQvbUqx7
Do you have a Go/No-Go phrase? Something that when heard, raises a flag?
For me, the phrase that raises a red flag is:
“That’s the way it’s always been done”
My reaction has evolved over the years…
1) It used to frustrate me that people didn’t see the…https://t.co/yRj5YfTyy8