A Truck Full of Melons -- Dickeson

Peter Drucker, in earlier writings, emphasized three aspects demanding management concentration: productivity, liquidity and being in business tomorrow. Turning over inventories and receivables is a pivot point of liquidity. Today, proponents of e-commerce are stressing supply-chain management and time compression as enterprise value-added using Internet communication. Once again we are addressing velocity—resource turnover—as a key profitability issue.