February 2010 Entries
I was reading a post on-line a few days ago about both the President and Congress agreeing that things are improving in our nation’s economy. Jobless numbers finally took a small decline and consumer confidence is up (even just a tiny bit) for the first time in many months. Funny though, ‘Things looking up’ when our national economy is facing what seems to be an insurmountable year-over-year budget deficit just does not seem to make sense. It is like saying, “Gee, my car is really driving much b
by John Nicholas
Todd is a CFO for a mid size foodservice manufacturer. He is frustrated! He just asked his Director of Finance to provide him with a report on the dollars and cents impact of raising the price on one of their SKU’s. He simply wanted to know, based on last year’s sales, what the price increase would mean for their bottom-line. It seemed like a simple request on the surface, but the Director of Finance explained to him, that before she could get the numbers to Todd, she needed
I may be one of the loneliest movie-goers around after I make my confession: I didn't like Avatar.
If you have resumed consciousness after reading that shocking revelation, I'd like to tell you why before you totally write me off as a know-nothing hack.
I didn't like it because I didn't like the story. The artistry and technology were amazing, but the movie was LONG and there was something that irked me for the first two hours that I couldn't quite put my finger. Then at 2 hours and
by Tracy McQuilkin
Deductions are something every manufacturer we work with does differently. It seems no one has found the perfect way to handle deductions that is consistent across all companies.
We recently had a deep dive with a client’s deduction team. Most of the confusion was related to terminology and lack of understanding of what it takes to clear a deduction. Job shadowing was suggested to help with this client.
How do you handle deductions? What makes it so hard with your organization? We'd love to hear your feedback - click here to let us know what is working (or...
Throughout recent history the Foodservice and Trade Spend Management industry, as well as much of corporate America, has used really cool big words to describe trends and philosophies.
From the early eighties, we had Total Quality Management (TQM), a management theory for defect reduction and heightened quality standards. Sun Tzu (that is him on the right), an ancient Chinese military general penned, “The Art of war” and a whole industry of management theorist began translating the logic of