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 […]
“Every cloud has a silver lining” as the saying goes. The coronavirus pandemic has cast a dark cloud over just about everything we see and hear today and I don’t wish to trivialize the toll it’s taken on people’s lives including sickness, death, financial distress and widespread fear. These are […]
March 16, 2020 Dear NationaLease Member, I wanted to update you personally on the steps we are taking in response to the coronavirus (COVID-19) outbreak. We are continuously monitoring the current status of the virus and are following all guidance issued by the U.S. Centers for Disease Control (CDC) and […]
If you think digital technology and the internet has replaced the need for human contact when it comes to customer relationships, think again. Here are the five P’s that may make the difference. There is no question that the way we do business, whether as a private consumer or as […]
Exactly one month ago, I posted a blog on this site regarding the disruptive potential of the coronavirus. I had no idea how quickly those concerns would come to pass. When I first posted the blog, “The Bug that Is Impacting Trucking” one month ago, the number of those infected […]