We are attempting to change bankers at the moment. It seems one of our prospective banks is living up to the adage that a banker will only lend you an umbrella when it is sunny.
A CIMA veteran shares his perspective on what the profession holds for those working in industry.
We have been working with Economic Order Quantity and automatic Purchase Order generation for a couple of months now. I thought I would review how things are going.
I have approximately 1000 stores lines - mostly pipes / fittings / switches etc. Total value of stores is about £100k.
Over the years I have been involved in quality management systems to a greater or lesser extent in each job. In my first job, the QA system was actually my responsibility.
One of the things I remember from my training is about the introduction of 'computerisation'. The tendency was for firms installing new software was to look to mimic the previous way of working with a new system. The same routines were followed, but the 'screen' was used instead of paper.
Thought I would cover two topics this time:
Way back in January, I decided to be really organised about my holiday plans. I now work in a small company (for the MD) so couldn't just assume I could take any week off. I knew I should liaise with his plans.
I finally finished the trustees report yesterday, to be added to the annual accounts of the small charity of which I am trustee.
We have now almost launched our EOQ ordering process - just testing the system before we release the brakes and let the computer order it's own stock. I think we will continue to sense check the system for a while.
First - a question about dreams. Does anyone else get dreams where they are driving, and something doesn't work - such as the brakes, or for some reason you can't seem to see.
When I took my CIMA exams (all those years ago) I remember learning lots of theories and methods, the majority of which I have never used. I have yet to need to do an NPV calculation for example.