"Yes, I remember you reporting on that study about a year ago. Interesting when companies try to predict the future."
Rob, based on such predictions, they can either increase or decrees the production to meet market requirements. This will avoid dead lock situations like long waiting period from customer and in reverse excess stocks.
"Very good point, MyDesign. I didn't realize other consideration were beginning to trump the all-powerful quarterly results. I did notice that warnings were at al all-time high for the Q1 2014. MarketWatch attributed this to a widespread desire to lower expectations. I wonder if this is a version of de-emphasizing quarterly results."
Thanks Rob, industry and marketing peoples definitely consider all these factors because they don't need a flow in their business strategy.
Very good point, MyDesign. I didn't realize other consideration were beginning to trump the all-powerful quarterly results. I did notice that warnings were at al all-time high for the Q1 2014. MarketWatch attributed this to a widespread desire to lower expectations. I wonder if this is a version of de-emphasizing quarterly results.
"I do appreciate the culture that this company is establishing on looking towards the future. So many other companies today only focus on the upcoming bottom line for the next fiscal quarter that they never look ahead to the mega-trends unfolding down the road. I hope that this company does well with this new strategy."
Greg, this is mainly because the business lines have changed due to the purchasing power and desecration level of customers due to globalization and various other factors. Now businesses are mainly customer centric and hence companies are much focusing to them to know what they exactly needs.
Wal-Mart will hold its second Made in the USA Open Call July 7-8, at its headquarters in Bentonville, Ark. The event will be a repeat effort by the world’s biggest seller of consumer goods to increase the amount of US-made products it sells in Wal-Mart stores, in Sam’s Club members-only wholesale outlets, and on walmart.com.
From design feasibility, to development, to production, having the right information to make good decisions can ultimately keep a product from failing validation. The key is highly focused information that doesn’t come from conventional, statistics-based tests but from accelerated stress testing.
There’s a good chance that a few of the things mentioned here won't fully come to fruition in 2015 but rather much later down the line. However, as Malcolm X once said, "The future belongs to those who prepare for it today."
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