You Can See the Future - Just Ask Those Who Know!

By Dennis Fisher

Did the last economic downturn catch you unaware? How much did that cost you? Did you have too much inventory? Cash flow crunch? Was your bank line too small? Now, how is the recovery going? Is your cash too short? Are prices going up too fast? Can't control the increases?

Join the crowd. Everyone else is doing the same thing. You can do better than that. There is, and has been, a tool to solve these problems all along. It's called the Purchasing Manager's Index or PMI. It comes out in the first few days of every month in most newspapers world wide. Several well known Canadian organizations use it, even Alan Greenspan reads it religiously. So, what is it that a bunch of purchasing managers know that you don't know?

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