Risk is seen by different people in differing lights over a wide spectrum from the risk averse ‘riskophobes’ to the daredevils who are ‘riskophiles’. We also have those who don’t have a strong opinion or view regarding some risk or another who are fair game to risk extremists who attempt to push their views upon the masses and manipulate beliefs. Continue reading
The communication between suppliers or vendors and their customers is often using a mix of specifications and requirements.
Customers set requirements and suppliers offer specifications. When they match, or when a supplier component specifications meet the customer’s requirements, we have the potential for a transaction. Continue reading
Cotton is one of the most valuable crops grown in the U.S., with a harvest value of some US$7 billion yearly. It is cultivated across a crescent of 17 states stretching from Virginia to California and is used in virtually every type of clothing, as well as in medical supplies and home goods such as upholstery. Continue reading
Without a basic grasp of financial concepts at the C-suite (executive) level, small and medium-sized manufacturers (SMMs) may be limited in their ability to compete in an increasingly crowded marketplace. This is why financial literacy is near and dear to my heart. Continue reading
Today, employee wellness and safety remain a top priority for corporations, and having a first-in-class safety management system put in place is not just a nice-to-have, it’s essential. As digital capabilities continue to evolve, modernizing ineffective, slow, and expensive processes with renewed tools is one way to invest in industrial & occupational safety professionals and improve workplace health and safety. Continue reading