Some business systems are “DRIP — data rich, information poor.” Like the dashboard on your car, the system’s design should provide the essential information that warehouse managers must have in order to know exactly how their operation is performing.
Maybe it was the latest cycle count, the picking errors report, the reorganization of the warehouse, or the procurement staff that brought it to your attention.
We seldom use words like “sexy” or “unsexy” in business magazines. Because of political correctness, we relegate the terms to the tabloids and gossip rags; so I deleted them from the original lead (first paragraph) of this story. Yet profitability and durability (which is “sexy”) fascinate us all, regardless of the adjective. That’s NIBCO.
Almost the entire distribution chain is linked together by technology in every phase imaginable. The larger distribution networks report entire complex shipments arriving at their dock doors with close to 99 percent accuracy rates.
August brings the annual congressional recess to Washington, D.C., a time when staffers swap out their business attire for more casual (and cool) fare and rejoice that their bosses are out of the office and back in their districts and/or states.
When talking about thermostats or controls, Karl Mutchnik, portfolio manager at Tyler, Texas-based Trane, a business of Ingersoll Rand, cited recent growth in the market.