Heard that PG & gang was too successful in cutting down the inventory. Now it's overshot and starting to have stock out situation. Now panicking and asking plants to load up inventory. Such short term leaders that we have here!
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Saw the recent announcement of removal of default Air shipment has caused a lot of unhappiness to the business folks. The organization now is looking at their own KPI for each functionx instead of whats good for business growth. Running in Silo. Total failure!
Let’s give pg a chance. Just because he looks like the villains in raiders of the lost ark doesn’t mean he can’t pick up the phone and call Kearney to send in additional consultants. Even Dominic.
I totally agree with the person who asks for 10% of WFH employees salary, this makes sense but would never go through, the worker bees are in for a terrible year with cuts all over worldwide plants just because inventory adjustment will take another six months to sort out and by that time, more orders will be lost, EO and PG in particular, should be hounded hourly about the complete gash of a job they are doing, now its all hands to the pumps and brainless process engineers will BS the plants with waste value adjustsments that many process operators know are just pie in the sky,
Yep, happens every time. 3M can either have inventory on the oceans, COGS paying for air freight, or just giving up on sales. One of the three must happen.
This same silly game has going on for a long, long time.
The latest direction now is Air freight control. All default AIT shipments will be cancelled and re approved by SVP/VP individually.
Inventory or COGS- air ship ? Please make up your mind.
Truly short-sightedness. And those area leaders/directors just follow blindly.
Hahahahahahahahahahahahahahahahahahaha!!!!!!!!!!!!!!
Like we all didn't see that coming from a mile away.
Sad but true. I’ve been gone for a couple of years, and some things are now crystal clear in hindsight.
3M is a horrible place to work. It just is.
Leadership at many levels is made up of self-promoting silver-tongued suits selling strategies that are not based in reality or delivering positive long-term operational results.
Experience and capabilities have been discarded in exchange for lower operational costs, a guaranteed long term strategy for loss.
hope this helps BB, someone needs to up their game..When management trims inventory too deeply, it can feel like trying to run a marathon with only one lung: strenuous, frustrating, and risky. Here’s a plan to navigate the situation:
Immediate Damage Control: The first step is to re-evaluate the inventory levels and swiftly order essential materials. Sometimes, discussing expedited deliveries with suppliers can also alleviate the shortage.
Efficient Utilization: With low inventory, optimizing usage is key. Make sure every bit of material is used effectively and wastage is minimized. Engage employees in the process and value their insights; they’re often the ones who see where improvements can be made.
Communication and Transparency: Clear, honest communication with the workforce is vital. Explain the issue, what’s being done to resolve it, and how they play a crucial role in overcoming it. Transparency can help rebuild trust and morale.
Employee Morale: Boosting morale amidst such chaos is tough but not impossible. Recognize and reward employee efforts, even small acknowledgments can go a long way. Consider small perks or flexibility where possible to maintain a positive workplace environment.
Long-Term Strategy: Once the immediate crisis is managed, it’s essential to re-evaluate inventory strategies and policies. Learning from this mistake, ensure that future inventory cuts are calculated and avoid putting the company in a vulnerable position again.
By combining swift action, efficient use of resources, transparent communication, and a focus on morale, it’s possible to navigate these choppy waters and turn the tide in the organization's favor.
These mo--ns would routinely bounce between forced overtime and forced vacation, jerking people around with schedule changes and leading our best operators to go get better jobs elsewhere. Then they layoff a bunch of operators and engineers only to try to hire them back 9 months later. I had never seen anything like it in previous employment or in subsequent jobs. Just total amateur hour. This is not how a grown-up company is run.
very true, what kind of muppets are in charge, we thought it was localized but the inventory problem is worldwide, these clowns are making fortunes in salary and can't do their jobs right.More layoffs to follow as BB gets Titanic ready to sail in 2025