Friday, 30 August 2013

The Five Types of Judgmental Forecasting

Today we take closer look at the five different types of judgmental forecasting available.

1.     Personal insight
This type of forecast is created by taking an industry expert’s opinion relying solely on their opinion, bias, mood and personal judgment. Although this method is very flexible and widely used, it is unreliable.

2.     Panel consensus
Forecast is formed from taking the opinions of several industry experts through an open panel discussion. Although this method is a bit more reliable since it involves a group of experts but there are still some things to beware of. In some cases, some panels may not work well together due to personality traits. There may be difficulty in getting the panel to discuss openly and combine their different views into a non-bias, non-partial consensus so you should be cautious when you use this method.

3.     Market surveys
Forecast based on data collected from a representative sample of your customers or potential customers through analysis of their views. This tends to get good results but is time consuming and expensive. However, there are still instances when a poorly conducted market survey causes poor results due to failing of accurate customers sample, poorly worded questions, and inaccurate analysis of the data and / or invalid conclusions.

4.     Historical analogy
Forecast based on analyzing the product life cycle and the demands of similar past products with the assumption that it follows similar patterns. It is often difficult to locate recently introduced products that share similar product lifecycle traits and characters.

5.     Delphi method
Forecast based on the results of questionnaires sent to a panel of experts. Usually three to six round of questionnaires are sent out to the experts.  The anonymous aggregated responses are shared after each round to allow them to adjust their answers in subsequent rounds until they are able to reach their final response through consensus. As in most judgmental forecasting, the Delphi method also has it difficulties.  The time required to complete this method is long and finding the right mix of industry experts and keeping them involved throughout the product lifecycle is hard.

Thursday, 29 August 2013

When are Judgmental Forecasts Most likely to be Used

Judgmental Forecasts
There are times in a business when the historical data isn't available:
  • When you are a brand new business starting up
  • When you have decided to introduce new products into your lines
  • When you only have very old historical data that is no longer relevant to today’s market
The lack of historical data causes a lot of problems for forecasting. If you don’t know how the product has performed, the demand or the lead times on a product it becomes increasingly difficult to create any kind of forecast. This is when judgmental forecasting is necessary. Judgmental forecasts are subjective assessments formed from Expert’s opinions. 

These experts may include people such as:
  • Customers
  • Purchasing departments
  • Store keepers
  • Sales
  • Suppliers
  • Trade reviews
  • Government publications
There are several problems with judgmental forecasts so it is unadvisable to use them unless there are no other options available.   Despite that this method of forecasting is not as reliable as forecasting with historical data, they do serve their purposes in inventory management. 


Wednesday, 28 August 2013

What Factors Should be Considered When Choosing a Forecasting Method

There are many different methods to forecasting so there are no one correct answers and you will need to find one that will suit your business requirements.  Yesterday we looked at the three types of methods and established when they should be used but the time constraints of forecasting are not the only factors you have to consider.

In order to make the right choice that will lead to the most successful forecasts you’ll have to take some factors into consideration.

The factors to look at include:
  • If you have historical data that you can study
  • The time covered for the future periods
  • How relevant any historical information is for the future
  • Does demand vary?
  • What the benefits are expected from the forecasts
  • How much time you have available to spend on the forecasting
  • How much money you have to spend on the forecast
  • Cost of errors and the level of accuracy required
  • Product types
All these factors must be used to determine the right course of action to take regarding your forecasting. Before you begin experimenting with methods ensure you’re fully aware of the requirements and worth of your forecasting results.

Tuesday, 27 August 2013

Chit Chat: The Great Gatsby

Guest Post by: John Gower

great gatsby
Based on the book most of us read in high school, the film iteration of The Great Gatsby that debuted in theaters in May of this year certainly made an impact upon audiences around the country. While critical reviews of the movie have been mixed, everyday people have praised the film for its direction, visual effects, and production. While the film certainly has a great deal of entertainment value, with its excellent lead actors and quality production, comparison with the source material leaves much to be desired. If you were wondering why wealthy people—apparently oblivious to the definition of irony—have taken to throwing luxurious Gatsby-themed parties and weddings, you need look no further than the impact of the latest film version of the story.

As anyone who has read the novel knows, The Great Gatsby is a cautionary tale about the American dream that harshly criticizes the extravagance, decadence, and self-indulgence of affluent Americans during the golden age before the Great Depression. Rather than glorifying the lifestyle of Gatsby and his shallow-minded friends, author F. Scott Fitzgerald uses their lavishness and opulence to skewer their sense of morality and decency. The luxury-loving and hedonistic characters who populate The Great Gatsby are, in the final reckoning, incredibly shallow, immoral, and uninteresting. The underlying message of the novel is crystalline clear; those who are morally depraved enough to act as Gatsby and his friends do are morally depraved enough to murder, as they do in the climax of the story in which most of the main characters are senselessly killed. The tragic ending highlights, as did Shakespeare’s greatest works, the moral failings and unfortunate character flaws of the protagonists.

The fact of the matter is that the film iteration of Gatsby is a wonderfully crafted and enjoyable film in its action scenes, romance, and drama, but it completely fails to encapsulate any of the message and tone of its source material. The hypocrisy, selfishness, and moral vacuity that the novel’s characters display are lost in the scenes of the film. Instead, the opposite message is sent; if anything, the extravagant parties showcased in the film beg audiences to adore and imitate them. The costumes, fashions, and choreography of the fabulous dance scenes in The Great Gatsby seem to glorify and idealize the lifestyle of Gatsby and his friends. After all, who wouldn’t want to take part in the type of entertainment Leonardo DiCaprio frolics in? As it turns out, not many.

In the aftermath of the film’s release, a curious new trend has emerged. Rich celebrities from Prince Harry and Kourtney Kardashian to Robert Pattinson and Paul McCartney have thrown opulent Gatsby-style birthday celebrations and awards night galas. News outlets from CNN and the New York Times to the London Evening Standard and E! have offered creative ways to throw your own Gatsby-themed party, kickback, or wedding. The question remains: are all of these people simply ill-informed and oblivious to irony, or are they celebrating what they see as the true morale and message of The Great Gatsby?


John Gower is a writer for NerdWallet, a site that helps you save money by “doing the homework for you.”

The Three Different Approaches to Forecasting

Royale International Group
There are many different methods to consider using before you begin your business forecast.  Look at how the forecasting methods are classified and find one that is most suitable to your company’s objective.  The three forecasting approaches includes:

Long Term Forecasting – This usually refers to the next few years or more since the time required to build a new factory or new facilities will be longer.  If you are trading in a fashion led or fast changing markets, you may not find this type of forecast to be suitable. However, if a brewery wanted to expand they would look at the overall demand of their product over a set time period and decide their budgeting for building the new facilities over a few years.

Medium Term Forecasting – This refers to a time frame of three to twelve months.   Usually to work out how long it will be required to produce or replace products, organise resources, when to purchase new products and lead time it will take to put it into action.

Short Term Forecasting – This usually refers to a short time frame of a few weeks. The main focus for this type of forecasting is used to forecast the ongoing market demands, stock deliveries & movement and warehouse operations. 

In summary, long term forecasts are for long term decisions, medium term are more often used for tactical planning; short term deals with daily inventory control and warehouse operations.

Image attributed to: freedigitalphotos.net Stockimages

Monday, 26 August 2013

The Role of Forecasting in Inventory Management

Royale International Group
For anyone managing a business, forecasting is a continuous effort. They are essential to businesses as they help to determine their future plans. When used well, forecasts can help maintain a good balance between the inventory levels, stock re-ordering lead time and the demand of the products being sold. When mismanaged forecasting can lead to all sorts of problems, not only in the warehouse.
  • Forecasting
  • In order to forecast, managers usually review the following information:
  • Past performance
  • Environment
  • Objectives
  • Alternatives
  • Constraints
With all these invaluable information, the manager comes up with a projected forecast which will help determine what to buy, how much to purchase, when to order, and what not to order. After the orders has been placed, the projected forecasting performance is then later re-examined to see if there were any errors made, what worked and what didn't. This creates the continuous forecasting cycle for management.

Forecasting is vital for most businesses; it’s something that you cannot do without. Use it well to help predict your sales and lead times in a bid for a successful year of trading.

Saturday, 24 August 2013

The Logistics Information Functions


Planning Function
• Stock management
• By product/customer
• By location
• Demand forecasting
• Strategy planning


Coordination Function
• Production scheduling
• Materials requirement planning
• Sales/marketing planning
Database
• External data
• Customer orders
• Inbound shipments
• Internal data
• Production
• Inventory

Customer Service Communication Function
• Customer order status
• Inventory availability
• By product
• By stock location
• Outbound shipment status

Control Function
• Customer service levels
• Vendor performance
• Carrier performance
• System performance

      
 Source: Supply Chains in a Vulnerable, Volatile World. Copyright A.T. Kearney, 2003.

Friday, 23 August 2013

Top Consumer Wine Trends 2013 Part Two

Royale International
Today we are continuing our consumer wine trends for 2013. Read on to see how the markets are changing.

Wine Gets Younger
A new generation of Californian winemakers are producing new blend of grapes varieties such as Petite Syrah, Pinot Grigio and Tempranillo instead of the usual Cabernet Sauvignon, Chardonnay or Merlot. 

More Value for Money
As consumers become more sophisticated wine drinkers they expect better wines and want better quality for less.  This creates a good opportunity for the Portuguese wine market which has both the quality and price quality required by the consumers. 

Champagne Sparkles
The thought of champagne as being an expensive, luxurious, special treat is somewhat changing. While the market for luxurious Moet & Chandon and Perrier Jouet champagne still exist, some indie vineyards had started producing their own grower champagne and bringing more variety to the market at a more cost effective price.

If you supply wines it is important to pay attention to the ways consumers are developing and changing. Stay on top of the game and listen to the audience to increase your sales.

Thursday, 22 August 2013

Top Consumer Wine Trends 2013 Part One

Royale International GroupDo you have oenophilia? Oeonphilia is a love of wine and I think many of us can fall under this category. The United States of America has their fair share of wine lovers as they now make up the largest wine consuming market with over 13% of the wine buying share according to Jon Fredrikson.  The wine trends are changing along with the market, so take a look at six of the trends you need to keep an eye on.

The Search for New Wines
In the past, wine drinkers would often purchase Old World wines mainly made in France and Italy but now the trends are changing. People want to discover new tastes and grapes and they are more likely to try wines from other regions around the world.  Exhibitors from Eastern Europe and Middle East were out in force looking to attract the new market at a recent Wine Expo in New York.

Finger Lake Wines Gains Popularity
In New York, locally sourced wine Finger Lakes are proving to be a hit and a good value when compared to Old World wines. Among 100 different wineries around, the Finger Lakes Rieslings is reported to have great quality, pushing the character of the grape to new levels and the Fox Run Lemberger is starting to take hold in the Finger Lakes.

A Rose for You?
Rose wines used to be considered to be too sweet by some but now the new rose 2.0 is making a comeback with less sugar and dry tastes. It is now possible to really get a good balance of white and red wine all mixed perfectly for a summer day.

Come back tomorrow for three more major wine consumer trends taking place in 2013.

Wednesday, 21 August 2013

Top Wine Trends 2013

Take a look at the significant wine trends that are taking 2013 by storm.

Royale International Group
1.     According to Sotheby’s Wine America & Asia, there has been a shift in buying trends in Asia.  The once popular demand of Chateau Lafite is now replaced with Domaine de la Romanee-Conti.  The American market is also showing signs of increase demand by Latin American wine buyers from Brazil and Mexico.

2.     Moscato has claimed its dominance over the once popular Zinfandel. The source of the rise in popularity for Moscato wines is unsure; however since being mentioned in some popular songs it seems that they have tripled their gains.  Sweet Red wines are also proving to be the sellers these days.

3.     Counterfeiting wines remains to be a problem as long as the demand for rare Bordeaux and Burgundies exist.   A popular wine fraud suspect, Rudy Kurniawan (aka “Dr. Conti”) made international headlines in 2012 and is now behind bars after he sold millions of dollars’ worth of counterfeit wine.

4.     There has been a growth in craft beer consumption and increase of beer sommeliers in restaurants.  The young buyers are attracted to the different flavours of beer and are no longer satisfied with simply having a cool refreshing drink in the summer sun.  The craft beer market may lead to a drop in the current American wine consumption market. 

5.     Wine shipping legislations have caused difficulties when it comes to delivering wine around the world. In the US there are 12 states that still don’t allow the wineries to ship wine and 36 states that refuse to allow wine shops to ship. 

Shipping wine? Talk to us about our courier services, we could help. Email us today at inquiries@roayaleinternational.com.

Image attributed to: FreeDigitalPhotos.com Xedos4

Tuesday, 20 August 2013

Royale International Joins the 8th Annual ORBIS Moonwalker Fundraising Charity Walk

Moonwalker Marathon

Member of the Royale International Group is excited to take part in the annual 8th ORBIS Moonwalkers  fundraising charity walk on Saturday, 09 November 2013. The event is a part of a fundraising drive to help raise awareness and to save preventive blindness around the world. Ms. Zoe Wong will be taking part in the 10 minutes blindfold experience at Pak Shek Kok Promenade and a 20km overnight walk from Shatin to Taipo.  “This will be quite an experience for me and I am eager to take part in such meaningful cause,” said Zoe.

ORBIS Moonwalker Route
ORBIS Moonwalkers Route 2013
The purpose of the walk is to have the participants’ experience the difficulties of sight lost and at the same time raise funds for ORBIS which aims to save and restore preventive blindness around the world. ORBIS is a NGO working in developing countries by providing hands-on training, public health education, improving access to quality eye care, advocacy and partnerships with local health care organizations.  Since 1982, programs has carried out in 90 countries, enhanced the skills of more than 300,000 eye care professionals and provided treatment to more than 18.8 million blind and visually impaired people.

If anyone would like to donate or support Zoe & ORBIS, please click on the sponsor link and donate online via credit card: ORBIS Moonwalker - Donate Now!

Thanks in advance for your support! Remember every penny raised at the Moonwalkers 2013 will help bring their shared sight-saving dream closer.  For more information on the event, please visit: http://www.orbis.org.hk/moonwalkers/  or email them at: info@hk.orbis.org

You can also follow them on Facebook at:  ORBIS Hong Kong 國際奧比斯 - 香港辦事處 

Toy Industry Key Trends 2013

Royale International Group
Each year the toy experts pay attention to the latest trends and products that are taking the toy market by storm. There are always interesting trends to keep an eye on. If you buy right you could see your sales rocket.  Check out the areas to pay attention to, especially when buying stock for the Christmas rush.

Let’s be retro!
People want to go back to the basics and share their childhood toys with the younger generation. Parents and grandparents want to relive their childhood experiences with their love ones. Retro toys such as classics, nostalgia and vintage looking toys are a big seller in 2013. 

I want to be a star!
Television shows often have a huge impact on the toy market. Right now there is a lot of interest in shows that test the skills and the talent of the contestant.  As a result, a new range of toys have been developed to work on natural talents and develop them through play. Musical toys, little chef food themed toys and DIY toys are on the rise due to the popularity of reality shows on pop performances, chefs and fashion.

Let’s not forget the “techie” toys
Discovering innovating ways of playing and make the most of new technologies is big in the toy world. This year you should be looking out for virtual reality toys where the children can be absorbed into a real world environment. Other technology toy trends include 3D toys and augmented reality.

Let’s go, go, go, go…
Compact toys that can be taken in the car, to school and on journeys or to friends housing are a top trend. Having toys that provide many ways to play, multifunction’s and can be transported with ease are popular with kids and their parents who want great value for money and versatility.

I want to build!
Finally the sale of construction sets for all ages, interest and abilities have risen dramatically, with a rise of 20% noted in 2012. Construction toys including LEGO, Megabrands Barbie and others manufacturers are responding fast to this new trend.


Monday, 19 August 2013

Inventory Control Part Six

Last week we have focused on inventory control and today we will give an overview of the main areas of inventory management that we looked at.  This involved three main questions to help determine the timing of the orders being placed, the quantity of the orders and the items that need to be ordered.

To answer each of these questions we established that it was necessary to use demand methods. The first involving independent demand. Independent demand is ideal for forecasting and used when items are sold independently of one another. This is a method most frequently used in retail.

The second method is the dependant method which is more commonly associated with manufacturing when items that relate to each other are frequently ordered at the same time. Forecasting cannot always be used here and therefore it is necessary to find new ways of coordinating the demand with the supply levels.

Please remember to bookmark our blog posts for future reference and if you need help with inventory management or deliveries please contact us directly at: inquiries@royaleinternational.com.

Saturday, 17 August 2013

How logistics impact on ROI

Logistic and ROI
Customer service Sales Revenue Profit Return on Investment
Logistic efficiency Costs
Pipeline management Cash Capital employed
Invoice accuracy Net receivables
Just in time logistics Inventory
Asset deployment and utilization Fixed assets
       Source: Supply Chains in a Vulnerable, Volatile World. Copyright A.T. Kearney, 2003.

Friday, 16 August 2013

Inventory Control Part Five

Today we’ll be looking at the answers to the three main questions we have been addressing this week, which are:
  1. What items need to be kept in stock?
  2. When do we need to place the orders with our suppliers?
  3. How much stock should we order?
There are two methods to getting the answers and they are both centred on the demand.
  • First you can use the independent demand methods. This system assumes that the demand for an item is not related to the demand of any other item in stock.  Using historical trends for the stock a quantative model is formed using the forecasted demand, costs and any other variables that need to be addressed. It is best to create a quantity or periodic review of these demands.
  • The second method is for dependant demands. This in practice relates to many different items that are related to one another.  A factory may demand different components that are related to produce a final item for example.  
The demand for the items can be linked and methods are formulated into areas such as material planning, requirements or just in time.

Thursday, 15 August 2013

Inventory Control Part Four

The question we are answering today regarding inventory control is “How much stock should we order?”
With each order that is placed there are costs associated to it such as delivery and administration.  When large orders are made by the company the costs may be kept to a low level but the values placed on stock levels and inventory can be high. Small orders have higher delivery and orders costs yet the stock level is lower. Therefore inventory managers need to find a comfortable level between these two extremes with t he aim of reducing all the costs.
You can do this by asking three additional questions
  • What should our average stick levels be
  • How often will there be shortages in our stock
  • What service levels do we offer 
By working out the answers to the main three questions you will be able to answer these additional three as once you know how frequent the orders need to be and the size of the orders you will come across your average stock levels, service levels, costs, risk of shortages and more.

Wednesday, 14 August 2013

Inventory Control Part Three

Today we are looking at the question asked by inventory managers “When do we need to place orders with our suppliers?”  

There are three approaches that can be used for this question.
  1. The first one is to perform reviews at set periods to place the variable sized orders at different intervals. The variation in demand can be catered for thanks to the different order sizes. This is a system that is frequently used in retail as stock counts are taken at the end of the day or week and the goods that have been sold can then be replaced.
  2. The second approach involves using a fixed order. The stock levels are monitored continuously and when they reach a determined level a new order of the same amount is placed.  Variations in demand can be tailored for as the order is only based when it’s required.
  3. Finally the third approach is based upon the expected demand of the stock. The time and the quantity of the orders that are placed depend entirely on their demand. The amount of stock meets the demand and is placed only when demand requires it.
The approach you take will depend upon your specific business requirements and the consumers.

Tuesday, 13 August 2013

Inventory Control Part Two

All inventory managers will need to find the answer to the question “What items need to be kept in stock?”  Unnecessary stock costs the company money and therefore it is important to try and keep costs to a minimum and only stock what is absolutely necessary while providing first class service to the consumers.

In order to do this it is essential to look at the following areas:
  • Being able to manage the stock so it remains at reasonable levels
  • Not adding items that aren’t necessary
  • Removing all of the goods that are no longer required to be kept in the inventory
Without managing these three areas the stock can quickly get out of control. This may not pose an immediate problem to large organisations with plenty of space but when storage is limited rational actions are required. It may not be appealing to recognise that old stock has no value left to the company but it needs to be recognised if this is in fact the case.

Costs and benefits of holding stock have to be evaluated. If there are real reasons why older stock is held onto or increased numbers of goods are introduced on top of current levels then there needs to be evidence to prove this.

Monday, 12 August 2013

Inventory Control Part One

Inventory control is a difficult job that requires extreme skills in organisation and management. This week we will be looking at the various approaches to inventory control and helping managers answer some important questions.

Inventory managers have a lot of decisions to make regarding their stock. They need to find out where stock is held, what facilities are used and know about the transport systems and suppliers that they are working with.  That’s not all; they also have to make decisions regarding the information systems, whether to form alliances and more.  All of these decisions concerning stock are essential and they provide the overall context, but sometimes more immediate decision need to be made.

This week we will be focusing on three main questions as this is a very broad subject:
  • What items need to be kept in stock?
  • When do we need to place the orders with our suppliers?
  • How much stock should we order?
Return tomorrow to find answers to these questions and pick up essential tips and skills that every inventory manager needs to fulfil their role within any organisation.

Sunday, 11 August 2013

Chit Chat:The MTR Nightmare on a Monday Morning

Going to work in public transport was never easy, especially in the morning where each and everyone are piling up in and outside trains and stations.  Hong Kong, like every other major city with subways, we have the MTR. A popular means of transport, which let us commune across the famous Victoria Harbor in less than 10 mins.  There are often the questions on how could people "squeeze" into a tiny train and describe this "Tinned Sardine" feeling?  I remember reading an article about the day-to-day MTR experience the other day which on the bright side may also served as a good guide for everyone around the world and make life easier for those who understand what the existing problems are. Let me share with you this article.

Top 10 most annoying things on the MTR!
(Source: HONG KONG HUSTLE, 09 AUG 2013)

http://www.hongkonghustle.com/local-culture/8222/top-10-ten-annoying-things-on-the-mtr-disgusting-hong-kong-subway-mrt-train-sins-etiquette-hk-social-norms/

HK MTR

Saturday, 10 August 2013

How supply chain decisions impact the resource footprint


Design
• The choice of materials for both the product and the packaging
• The physical characteristics of the product
• Focus on opportunities for reuse and recycling
Source
• Location of suppliers can impact differentially on a resource footprint
• Environmental implications of supply source, e.g. ‘food miles’
• Society and ethical issues
Make
• Improve energy efficiency
• Reducing waste, rework and scrap page
• Reduce/ eliminate pollution and emissions
Deliver
• Optimise network configuration
• Minimise transport intensity
• Reconsider transport modes
Return
• Develop ‘reverse logistics’ capabilities
• Manage product end of-life
• Create ‘closed-loop’ supply chains 

Source: Supply Chains in a Vulnerable, Volatile World. Copyright A.T. Kearney, 2003.

Friday, 9 August 2013

Using an Independent Courier Service: Why it's the Best for Business Logistics

Guest Post by: John Gower

When customers or business associates rely on you to send them important documents or items, you want to know they’re going to arrive on time, safely, and in pristine condition.  Your reputation, and that of your business, relies on having the ability to do this. That’s why it’s important to choose a shipping service you can trust.

Choosing an independent courier service is a great way to have your shipping needs handled with confidence. These professionals offer benefits to your company that larger carriers simply cannot, due to the grand-scale of their operations.

Reasons why an independent courier service is best for business logistics include:

Speed
If you have an important document or package to ship, you want it to get there as quickly as possible. Whether the item is of urgent need by the recipient, or not, people always appreciate the thought behind a speedy delivery. An independent courier can often pick up and deliver your item in the same day. It won’t have to go to a large warehouse for sorting and sit and wait for a spot to open up on a delivery truck — it simply goes from your office straight to the addressee.

Security
When you need to send a package containing sensitive data, you want to know it is going directly into the hands of the intended person. Customers feel much more secure placing an order with you when you can guarantee their package will arrive safely, without having to worry it could get lost in transit. An independent courier service will not only get your package there — the messenger is also tasked with getting it there safely. They’ll won’t drop it on a doorstep or hand it to the first person present at the address. These professionals request signatures from recipients, so you can rest easy that the order has been delivered to the correct person.

Tracking
When you send a package, you want to be able to keep track of it until it is delivered. It can be very frustrating to hand an item off to a shipping company and have no idea where it is in transit, or if it was even delivered in the first place. When you ship through an independent courier, this worry does not exist. They update tracking information for your package while it’s in transit and will contact you when it’s delivered, so there is no worrying that an important package hasn’t arrived at its final destination.

Cost
Major carrier services typically base their rates on the distance an item is traveling, not its weight and size. The large scale of their operations makes it difficult to charge based on all the individual characteristics of a package, so they have to standardize fees for efficiency. Conversely, independent courier services are able to take all aspects of your shipment into consideration, before calculating a price. This can save you a great deal of money, especially on local shipments.

Convenience
It’s always frustrating when you need to have a package picked up or delivered during non-standard business hours, when a major carrier doesn’t operate. When you choose an independent courier service, you don’t have to worry about this, as they’re willing to pick up and deliver your packages when it’s best for you. You don’t have to work around their hours — they adjust their schedule to fit yours.

Choosing to work with an independent courier service can save your business a great deal of time and money. Your mind will also be put at ease, as you’ll have the satisfaction of know that your shipment will arrive when it’s supposed to, in a safe and secure manner. Logistically, it just makes sense to choose this delivery method for all of your business needs.

John Gower is a writer for NerdWallet, a site dedicated to helping consumers find the best mortgage rates.

Chit Chat: The Legacy Lives on...


Bruce Lee MuseumThe weekend is just around the corner and if you have nothing planned, why not check out the new Bruce Lee Exhibition? 

For many of you who grew up loving Bruce Lee and are one of Bruce Lee’s fans, we have good news! The Bruce Lee Foundation, the Hong Kong Heritage Museum and Leisure and Cultural Art Dept. came together in collaboration to open the Bruce Lee: KungFu-Life-Art exhibition last month in Sha Tin in honor of his legacy.  

The Bruce Lee Exhibition will show hundreds of original memorabilia, letters, sketches and exclusive interview marking the 40th anniversary of the actor’s death at age 32 in Hong Kong for the next five years. For more information, you can contact the Hong Kong Heritage Museum for more information. 

Exhibition Venue:

Bruce Lee: Kung Fu – Life – Art exhibition
Hong Kong Heritage Museum
1 Man Lam Road
Sha Tin, New Territories

Opening Hours:

The Hong Kong Heritage Museum is open from:
10am to 6pm on weekdays
10am to 7pm on Saturday, Sundays and public holidays.