Forecasting your MRO stock

Forecasting is rarely anyone’s favorite activity.  In fact most consider it a pain, or possibly a black art.  It is even common for companies to say they do not forecast because it is impossible in their industry (absolutely not true).  When talking about MRO stock these types of attitudes are even more evident than with…

Segmenting your MRO stock

  Are you having trouble controlling your MRO stock?  Have you considered segmenting the stock by control process?  When done effectively, regular stock is controlled quite differently from MRO stock so you need to separate MRO from regular stock in your ERP system.  Once you have done this, you then need to separate the MRO…

10 RULES TO IMPROVE COMMUNICATIONS

10.  Jargon is not communications (neither are acronyms) When communicating with another person always remember that jargon is agreed on shorthand for a particular concept.  Anyone with a different background probably will not know your jargon, or even worse, apply a different meaning. 9.    Be aware of non-verbal cues Over 50% of all communications may…

COMMUNICATIONS: YOUR NUMBER ONE FORECASTING TOOL

What would you say is one of the most important skills that any forecaster can have and yet still be one of the most under-rated skills in almost any position?  That’s right, communications skills.  That is because Forecasting is universally considered a “technical position” which requires technical skills, not a soft skill like communications expertise. …