I’m excited to announce a welcome addition to my monthly newsletter family. This month we are introducing Art Koch’s Profit Chain® Market Report (MR). The MR will be presented in a monthly format in conjunction with Deborah Brown, CEO of DDB Advisory Services. This is an opportunity to combine the financial background of Deb and …
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Art Koch’s Profit Chain® Market Report
Volume 1 | Number 1 | July 2021
I’m excited to announce a welcome addition to my monthly newsletter family. This month we are introducing Art Koch’s Profit Chain® Market Report (MR). The MR will be presented in a monthly format in conjunction with Deborah Brown, CEO of DDB Advisory Services. I’ve known Deborah for over fifteen years and trust that her insights will inspire you. Deborah’s prior financial background and handle on the U.S. economy as a bond trader will help guide you as you transform your organization and supply chains during these tumultuous times.
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Art Koch’s Profit Chain®
Series Volume 4 | Number 6 | June 2021
Let us begin our discussion with the fact that disasters are not a surprise and, therefore, can be avoided.
As most of you are aware, I live in South Florida, or more specifically, Miami. It’s a beautiful area with sun-soaked beaches and bodies and a plethora of luxurious cars and boats to keep your lottery dreams alive.
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Recent years have thrown up a series of events that have caused inbound supply disruptions for developed economies dependent on international supply chains. Some of these disruptions have been bigger while others have been smaller, some have been regional and others global, but all have had significant impacts around the world.
Read the article and watch the video.
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Art Koch’s Profit Chain® Series
Volume 4 | Number 5 | May 2021
Shortages -we’re living them every day: stock-outs of our favorite food, the new gadget for the home office, or deficiencies that are impacting our manufacturing processes. Even if they are not directly affecting us, we certainly have heard about them on the news. STOCK-OUTS!!
What’s driving these shortages? As a manufacturer, distributor, or retail store, is there anything we can do about it, or are we just powerless to change the status quo?
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Now that I have your attention. Let me tell you, Inventory Is Evil!
Many businesses are addicted to inventory, and it’s become their drug of choice! Rather than solving the root cause of problems, the answer is, “let’s increase safety stocks.” What do you see when walking through the doors of your manufacturing or warehousing? Do you see stacks of addiction?
Inventory is evil for this reason; it hides problems and delays problem resolution, which costs money!
Are you struggling with rallying the organization on world-class inventory performance? If you want to wean your organization from its inventory addiction and learn how the build a sustainable profit center with increased inventory velocity, spend an exciting hour with Art. You will…
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Unlock the Art of Change™ Series – May 2021
Real Change Requires a Significant Emotional Experience. Here are just a few examples: Major workplace injury. Major social media scandal about the business. The customer wins a major contract that disrupts the business.
These and many other events keep organizations playing defense rather than focusing their efforts on playing to WIN.
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CLAREMONT, CA— Recent disruptions in supply chain operations have highlighted how important it is for manufacturers to plan ahead to not just manage today’s operations, but to also take advantage of big growth opportunities, according to The Society for the Advancement of Consulting® (SAC). To achieve scalability and profitability, businesses will need to effectively handle cashflow, lead times, and customer demand as well as leveraging well-integrated digital systems, innovating, and understanding customer behavior patterns like never before.
… The one thing the COVID-19 pandemic has ingrained in businesses is that market conditions and change now occur at supersonic speed,” says Art Koch, President of Arthur Koch Management Consulting, LLC, based in Miami, FL. “Now that more regions and countries are starting to exit the COVID-19 pandemic, it’s critical that organizations are responsive enough to seize the opportunities of unpredictable market demand.
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Are you addicted to Inventory? I know what you are thinking; I once was addicted to inventory too…and it nearly cost me a great job!
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Three of the biggest myths of inventory: 1) Inventory is an appreciating asset. 2) Minimal inventory designs deliver poor customer service. 3) Inventory velocity improvements are the responsibility of supply chain management. These and many other myths keep enterprises from achieving world-class inventory performance and hinder their ability for an improved total cost of ownership and customer satisfaction and transforming the supply chain into a highly competitive tool.
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