Ms. Jeanette Franzel, Board Member of the Public Company Accounting Oversight Board (PCAOB), joined the MAPI Financial Council meeting on November 3 to discuss the focus of the PCAOB and to answer members' most pressing questions about the role of the Board.
At the Chicago meeting, we said farewell to MAPI director Kris Bledowski, who will be picking up responsibility for the operations councils for MAPI and hello to Susan Costlow, who joined MAPI in August and will work with the finance councils (CFO, Financial, and Treasury).
Operations, Supply Chain, Distribution Management, Logistics
A MAPI member is currently reviewing their freight policy for their distributors. Their current policy is unsatisfactory to customers, since it’s complicated, prone to order errors, and often drives the wrong customer behavior. Further, it’s considered uncompetitive in the market.
In the wake of the 1973 Arab oil embargo, Congress enacted a ban on the export of crude oil. The ban on oil exports was largely academic in that the United States was becoming increasingly reliant on crude oil imports.
Imagine yourself a weather forecaster and that next week’s forecast is based partially on weather conditions over the past week. You make your forecast and a week later you find that last week’s data used for your forecast has been revised.
The purpose of this survey was to learn more about how companies interpret the phrase “substantially complete and ready/available for its intended use” and how companies deal with newly constructed buildings.