There will be life after COVID-19. How we approach our fleet decisions now and how we adapt to potential changes will likely make a major difference in future growth or decline. COVID-19 has wreaked havoc in all aspects of our business and personal lives. For many of us, balancing work […]
We know that with globalization and new technology, the role of procurement has changed. Where the concern used to be only about savings, now savings need to be weighed against other issues. Never has that been truer than today when the entire world is facing this expanding COVID-19 crisis. At […]
This is obviously not a time for your sales team to go out and meet new prospects. So how do you communicate what you do effectively? Getting your message out and showcasing your brand effectively is challenging in the best of times. But during the current COVID-19 pandemic, when most […]
The cost of cybercrime is increasing year after year; but the cost needs to be measured in much more than dollars and cents. Each year, Accenture publishes an Annual Cost of Cybercrime Study that combines research gleaned from 16 industries in 11 countries with interviews with more than 2,600 executives […]
Just-in-time (JIT) inventory has been a way for companies to optimize profits for decades. Now we many need to redefine JIT. Toyota is credited with the concept of JIT manufacturing, an inventory manufacturing strategy used to improve profit by only receiving goods as they are needed in the manufacturing process. […]
We live in a digital age ordinarily, but when so many workers (and that includes executives) are sheltering in place, digital becomes an effective and necessary way to communicate. In the beginning of March, I posted a FleetOwner IdeaXchange blog on how companies should optimize their social media presence. That […]
Hopefully, we are all doing our part to help during the COVID-19 crisis. For most of us, that means staying at home and social distancing, but some people and some industries are doing so much more. This statement really became clear to me last week when one of our NationaLease […]
Having a good business is wonderful, but how do you take that business from good to great? It starts with leadership. Right now, we can see how leadership is essential. Change will come, whether you are prepared or not and often comes with great challenges. That is exactly what the […]
It is a disconcerting time in our world right now. The Coronavirus has now affected not only the world’s health, but the financial markets, the supply chain, travel, and more recently, even most people’s daily routines. Cancellations and postponements are happening on a daily basis, leaving many of us wondering […]