Cash is King – Examining the Cash Conversion Cycle
Cash is king — well almost. It is hard to argue with the old adage that ‘cash is king’, but maybe in the fastener manufacturing and distribution industries the phrase would be better coined as ‘cash conversion is king’. As one could imagine, an industry such as fasteners needs to rely heavily on how cash conversion is managed and leveraged to make a company successful.
Optimas Solutions Promotes Harms
Optimas Solutions has promoted chief operating officer Daniel Harms to president, Optimas Americas. He also will be joining the Optimas board of directors. The company also announced that Mike Tuffy, president, Optimas International, will also be joining the Optimas board.
Optimas Appoints New Americas President
The company has promoted COO Daniel Harms to president of Optimas Americas, and he and another executive have joined the company’s board of directors.
Optimas Launches Heavy Duty Truck & Bus Service Center Program
The program meets the continued need of customers for in-demand MRO, PPE and standard parts for truck and bus service centers.
Optimas Solutions Launches Truck and Bus Service Program
Optimas Solutions announced the launch of a Heavy Duty Truck and Bus Service Center Program.
The effort is designed to meet the continued needs of customers for in-demand maintenance, repair and operations (MRO), personal protective equipment (PPE) and standard parts for truck and bus service centers.