James_A
15 stories by James_A
Applying The Pareto Principle to Cost Management
The Pareto principle is also known as the 80:20 rule. This states that 80 percent of the outcome of...
Facility Maintenance Part 3: The Wrong Spare Part Was Delivered
‘As I walked into the office, there was this aura of happiness the room, and everyone was at his...
The Contribution Margin: A Tool for Decision Making
Many operations decisions in the production or manufacturing industry are based on how the contribution margin of each product...
Extra Inventory: Good or Bad?
In this article, we will explore the various reasons to hold extra inventory. While it is recommended to ensure...
SAFETY WHILE IN TRANSIT
As the year 2022 winds down to a close, and as we prepare for end of year activities, let...
Presenting Your Recommendations
Depending on the complexity of the problem, analyzing a business problem and coming up with sound recommendations is usually...
Ethics Checklist
The focus on business ethics in the workplace is on the increase compared to previous years; clients believe that...
Facility Maintenance: Part 2 continued
In the last article in this series, we started the discussion on some listed facility maintenance strategies. This article...
Debit or Credit?
Yes, which one is it now? This was what I kept asking myself when the T- account was first...
