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Philosophy of Management

You can buy a man’s time,
You can buy a man’s physical presence at a given place;
You can even buy a measured number of skilled muscular motions per hour or day.
But you cannot buy enthusiasm;
You cannot buy initiative;
You cannot buy loyalty;
You cannot buy the devotion of hearts, minds and souls.
You have to earn these things.
Clarence Francis (Chairman of General Mills)
With Consultants in mind, I would add:
Want discretion? Be discreet.
Want generosity? Be generous.
Want new ideas? Have an open mind.
You get what you sow.

Critical Inventory and the chain from supplier to your workstation

I know of no other industry where having inventory on hand is more critical than in health care.
It can literally mean life or death when you don’t have the correct supplies or working equipment at hand in the right place at the right time.
Calculating the minimum re-order points, lead times for delivery and quality measures for supplies is a matter of math. But health care, like all industries, are feeling the squeeze for budget and need to make the most economical decisions for supply management as well. That is why PeopleSoft inventory can calculate replenishment by a number of methods so those items that are the most critical can get higher visibility and priority over others where economic order quantity can best be used.
Let me help you define and deliver an inventory model that makes economic and service level agreement sense.

Think about this the next time there is a pandemic (or a spike in sales or a product recall) and you wonder if you have enough on hand or in the pipeline to meet demand.

Defining Replenishment Options

Supply Chain Management

Wikipedia definition: Supply chain management (SCM) is the oversight of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer. Supply chain management involves coordinating and integrating these flows both within and among companies.  Whether you are supplying goods, services, parts, expertise, hospitality….you have to coordinate all the inputs to match your output for the best possible price.

Supply CHAIN managment…what is your weakest link?

Let’s start the discussion and help improve the bottom line.

Increase in the Bank of Canada interest Rate

There will be rumblings, guesses, and prognostications what an interest rate increase will mean for you, your company and the country over the next few weeks. For some, this will be a good thing (your bank deposit may actually earn enough interest to pay your monthly bank fees, or your purchases from the USA just got cheaper). For some, it will be bad. That new house you were going to buy just went out of reach because you can’t afford the payments now. Others won’t be affected at all because the market they sell to (and buy from) is local so the exchange is inconsequential (farmers market?).

It will be interesting to watch the papers, magazines, and TV to see if media think this is a good thing or not?

By the way, when one writer mentioned that ‘Canadian households and companies are piling up debt faster than any other developed nation in the world, adding $1 trillion since 2011. A dubious honor, to be sure.’ I wonder if he really understood what he was saying? Did he consider that Canada was the best-performing economy of the G7 over the last several years? Does he know HOW we did it?…we financed it. Yes, now is time to pay the piper but at least we are not bankrupt and homeless while we do it.

What higher interest rates mean for real estate, debt, and the economy

 

Laser Focus

PeopleSoft fluid, work centers, and dashboards give your staff (and you) laser focus on what is important in PeopleSoft and removes all the extras that can distract you like 8 flavors of a report when only 2 will do. They give you the status of transactions, accounts, suppliers, customers, and inventory and can give you the top 10 that need attention. Time is money and money can’t buy back time. Don’t let it go to waste. Let’s get those delivered work centers refined and working even more for you and getting you back to work.

work centers