Thursday, December 18, 2008

Bag Stuffer:

An ad circular placed in a customer's grocery bag during bagging.
They're those little colorful slips of paper that have offers or coupons for savings that you often find in your bags after a day of shopping. These are a great way to promote your business and develop repeat customers.
They are very inexpensive to make and can be easily changed if a new promotion arises.

Queuing Theory:

Queuing theory is the mathematical study of waiting lines. The theory enables mathematical analysis of several related processes, including arriving at the (back of the) queue, waiting in the queue (essentially a storage process), and being served by the server(s) at the front of the queue. The theory permits the derivation and calculation of several performance measures including the average waiting time in the queue or the system, the expected number waiting or receiving service and the probability of encountering the system in certain states, such as empty, full, having an available server or having to wait a certain time to be served.
Here are details of four queuing disciplines:
First in first out
This principle states that customers are served one at a time and that the customer that has been waiting the longest is served first
Last in first out
This principle also serves customers one at a time; however the customer with the shortest waiting time will be served first.
Processor sharing
Customers are served equally. Network capacity is shared between customers and they all effectively experience the same delay.
Priority
Customers with high priority are served first

Monday, December 15, 2008

Expanding one slide into two:

If you can't make text fit properly on one slide without squeezing it in too tightly, split the text into two slides. If the text is in a text placeholder, this is easily done using the Outline toolbar. To display the Outline toolbar, right-click any toolbar and choose Outline.
1. Place the cursor in the Outline tab of the Outline pane (not on the slide) at the end of the last line of text that you want on the first slide.
2. Press Enter.
3. On the Outline toolbar, click Promote until a New Slide icon appears in the Outline pane.
4. Type a title for the new slide.
5. Adjust the rest of the text as needed by clicking Demote or Promote on the Outline toolbar.

Friday, December 5, 2008

Lotus Notes – Take action from your address book:

Instead of composing an email message and then filling in the recipients, or creating a calendar entry and filling in the participants, or using your buddy list to start chat sessions... your Personal Address Book can work as a central "hub" for these activities.

From the Contacts view of your Personal Address Book (directory) you can select a name, or even better multiple names, and then click on either "Write Memo", "Schedule Meeting", or "Chat with Contact".


Notes will create the new document, and fill in the names for you.

Wednesday, December 3, 2008

Pull-Push Strategy:

The business terms push and pull originated in the marketing and advertising world, but are also applicable in the world of electronic content and supply chain management. The push/pull relationship is that between a product or piece of information and who is moving it. A customer "pulls" things towards themselves, while a producer "pushes" things toward customers.
In a "push" system the consumer does not request the product to be developed; it is "pushed" to the end-user by promotion. An example of this is a perfume product. Women do not request to smell a fragrance they never smelled before; it is simply "pushed" to them, through the right advertisement.
• Applied to that portion of the supply chain where demand uncertainty is relatively small
• Production & distribution decisions are based on long term forecasts
• Based on past orders received from retailer’s warehouse (may lead to Bullwhip effect)
• Inability to meet changing demand patterns
• Large and variable production batches
• Unacceptable service levels
• Excessive inventories due to the need for large safety stocks
In a "pull" system the consumer requests the product and "pulls" it through the delivery channel. An example of this is the car manufacturing company Ford Australia. Ford Australia only produces cars when they have been ordered by the customers.
• Applied to that portion of the supply chain where demand uncertainty is high
• Production and distribution are demand driven
• No inventory, response to specific orders
• Point of sale (POS) data comes in handy when shared with supply chain partners
• Decrease in lead time
• Difficult to implement

Tuesday, December 2, 2008

Find or Replace in all sheets of the workbook:

1. From the sheet tab's shortcut menu, select Select All Sheets.

2. Press Ctrl+F to find or Ctrl+H to find and replace. (Note: Ctrl+F works only for a single sheet in Excel 97). In Excel 2002 and 2003, choose Sheet or Workbook from the within dropdown list (see the screenshot below).



Using wild cards in the text search:

Use * as a wild card for any number of characters, either before or after text, for example, searching for *CO will find both Cisco and Telco.

Use ? as a wild card for a single character, for example, searching for R?N will find Ron and Ran but not Rain.

To search for an asterisk, enter ~* in the search box.

Back Order:

Backorder: A distribution term that refers to the status of items on a purchase order in the event that some or the entire inventory required to fulfill the order is insufficient to satisfy demand. This differs from a forward order where stock is available but delivery is postponed for another reason.
Backorder Cost: A cost incurred by a business when it is unable to fill an order and must complete it later. A backorder cost can be discrete, as in the cost to replace a specific piece of inventory, or intangible, such as the effects of poor customer service. Backorder costs are usually computed and displayed on a per-unit basis.
Backorder costs include: costs of expediting, loss of customer goodwill and loss of sales revenues.
Backorder Date: Many vendors and retail businesses run into the problem of having backordered items, when they are waiting for the Manufacturer of a certain product(s) to deliver the expected goods. The manufacturer will give the vendor an expected date as to when the backordered item should be received. This date then becomes the backorder date for that specific item(s).