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Jack Kuchta selected by DC Velocity as one of the 2007 Rainmakers

Jack Kuchta, Executive Vice President of Gross & Associates, has been selected by DC Velocity as one of its 2007 Rainmakers. The winners were selected by DC Velocity in conjunction with members of the magazine’s Editorial Advisory Board from candidates nominated by readers and previous year Rainmakers. This award recognizes those who have worked to advance the practice of supply chain management. Jack was one of eight professionals selected for the recognition. The other recipients include members from the academic, operations, consultant and vendor communities.

Congratulations to all the recipients ! Please click the following link to read the full article in DC Velocity:

The Rainmakers

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    #9   Close out the merchandise. In many trade lines there are companies that specialize in buying close-out merchandise. They may resell by mail order, through off price stores or as 'special purchases'in full price stores. Look in trade journals, The Wall Street Journal and local newspapers to find who handles your class of product. Sometimes your present customers may be interested in a one time deal to use as a promotion. Do not overlook your employees as close-out customers. With luck, you may even find another outlet for your regular merchandise. You can use close-outs to sell raw material as well as finished goods.
    #45   Use computer directed putaway. If the inbound material does not require elaborate checking in procedures and a computer can assign empty locations for each pallet, the material can be put away directly into storage eliminating the need for receiving staging space. If the receipt contains less than full unit storage quantities, the computer can locate a partially filled location of the same product and direct the putaway to fill the location.
    #4   Sell to present users. Use your sales or warranty history to find the people who have bought the product. Let them know that you have more available for immediate delivery. Consider telling them that you are discontinuing the product and closing out the remaining inventory. Offer a discount because they are loyal customers. Offer owners of older versions the chance to upgrade at low cost.