Cowboy Boots Are Still Handmade

Some makers of high-end cowboy boots still follow traditional boot-making techniques that have been used since the 1800s.

However, high tech does meet handwork in the Lucchese factory, and automated equipment helps fashion creative and consistent designs.


Video Spotlight:  


This post is based on the How It’s Made video in the spotlight, and the Steamboat Pilot article, Western wear icon […]

By |2024-01-07T05:33:43+00:00January 10, 2024|Tags: , , , , , |

Direct-to-Consumer Caskets Disrupt Traditional Business Model

The old saying “there’s nothing certain in life except death and taxes” may still be true, but more options now exist regarding the cost of burying a loved one.

Traditionally in the United States, a family purchases a casket upon the death of their loved one, as part of the arrangements made with a funeral home. Funeral homes provide both tangible products (such as a casket) and intangible services (such as preparing the body for viewing and burial).  The combined total […]

AI Is Revolutionizing Demand Forecasting

Demand forecasting is at the very core of operations management.

In simple terms, a forecast is a projection or prediction about some future point in time based on underlying assumptions. Demand forecasts—what we project customers will want—range from short-term (operational) to long-term (strategic) and help organizations plan for variables such as production capacity, labor, raw materials, packaging, and transportation needs.

The question isn’t whether demand planning is important or essential. The question, rather, is how to have more accurate forecasts so that […]

Restaurant Pricing Tactics

Inflation is hitting restaurants especially hard on the supply side, as they are paying more for ingredients and increased labor costs. From the revenue side, customers impacted by inflationary pressures on food and gasoline are reducing their spending for eating-out.

The combination of increased costs and reduced revenues serves to reduce restaurants’ profit margins.

Restaurants have to seek ways to maintain customer traffic, while still maintaining profit margins. Two techniques gaining popularity are dynamic pricing and barbell pricing.

Dynamic pricing, also referred to as […]

Go to Top