Tom Burton and John Gunderson argue that businesses thrive in volatility by controlling what they can: purchasing programs, pricing strategy, and balance sheet strength. Waste reduction and cost awareness matter more than market conditions.
They're going to be able to even potentially make some hay. And you know, I've got a every time I quote this I've got to quote who I got it from. But you know, John Gunderson was sharing with us when he was on last is you know, there are, there are distributors and manufacturers who are very well run organizations and who purchase well and have very strong pricing programs in place that really understand the ins and outs of their business who are going to do well through all of this or certainly not have the same risks that other have because they're able to take care of, take advantage of strong balance sheets. So this article has some great talk conversation points about, you know, internal variables that you can control, reducing waste, data sources, identifying metrics through data, better managing costs a little better from an awareness standpoint. So I thought this was a nice article from some of the depth of things that covered.
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