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What is this highly valuable asset? Its own people. Says Morgan Fraud, the author of The Thinking Corporation, “Given that we are all capable of contributing new ideas, the question becomes how do you successfully generate, capture, process and implement ideas?”

The teams focused their efforts on a few of the highest-value S&OP levers in order to review the current planning process, identify gaps in the planning infrastructure and analytically understand demand and supply variability.

With hundreds of medications in the market, Pharm Ltd. needed a proper method to predict and manage their inventory. Using a mean absolute percentage analysis (MAPE), the teams defined appropriate levels for raw materials and finished products by mapping.

Many businesses, large and small, have a huge source of great ideas that can help them improve, innovate, and grow, and yet so many of these companies never think of using this amazing corporate asset. What is this highly valuable asset? Its own people.

The effort vastly improved the company’s planning and execution functions, created and implemented a new stock policy that accounted for specific SKUs and key variables, streamlined the order preparation process and reduced distribution transport times.

That means that you should still be following any shelter-in-place orders in your community. But when you’re venturing out to the grocery store, pharmacy or hospital, it’s wise to wear one.

It’s normal to feel anxiety, worry and grief any time you’re diagnosed with a medical condition – and that’s certainly true if you test positive for COVID-19, or are presumed to be positive.

You’re on a conference call and somehow wandered into the kitchen. Next thing you know you’re eating crackers and dry cereal out of the box. Or maybe you got so caught up.

A new surge of coronavirus cases has spread across the country and while there’s still so much to learn about the virus, how it’s transmitted and its long-term effects, the new wave.