How Do You Tell Good Advice from Bad Advice?

Last month I discussed a “revolutionary” method of inventory management that sounded great in theory. The author promised spectacular results from abandoning age-old concepts and adapting this simple idea. Unfortunately this “simple idea”...

Don’t Believe Everything You Read

I shouldn’t have my blood pressure taken after reading some of the widely distributed business periodicals. I just finished reading a newsletter where the author states that distributors should abandon forecasting future demand of products and merely continue to...