UK manufacturers are now reporting a slowdown in order intake particularly in Export sales, hindered somewhat by the strong pound and the potential Greek exit of the Euro. Inventory and supplier rationalisation, volatile commodity prices and zero inflation, the list could go on but in short, it is getting tough out there!
There is a subtle difference between being able to “respond” rather than “react” when faced with challenging times. This is often the difference in taking sound business decisions rather than adopting a short term emotive response but it does rely on strong leadership and an agile team approach.
Whilst we at Norbar have no direct control over what happens in the wider economy, we can influence the impact this has on our business when it comes to People, Process, and Performance.
At our recent European Distributor Seminar in Geneva, we discussed at length the “Supply chain value” and the integral links between “Product, Ima ...
Read the rest of entry »