Meet Jim Nelson, President and CEO of Parr Instrument Company and one of IMEC’s newest Board members. In a recent virtual interview, Nelson shared insights into his career before and after joining Parr, which has been manufacturing chemical reactors, pressure vessels, calorimeters, combustion vessels, and related equipment for lab use since 1899.

Inventory control practices are one of the best ways a company can stay organized - and is an area that companies in any industry can and should practice to ensure long-term growth. Inventory management refers to the process of ordering, storing, using, and selling a company's inventory. This includes the management of raw materials, components, and finished products, as well as warehousing and processing of such items. 

Last month, I had the opportunity to observe a leadership development training at a manufacturer. The difference between this training compared to others I’ve observed is that this training was facilitated in Spanish.