The Tuchman Advisory Group held an informative and very successful meeting at Medlin-Davis Cleaners in Raleigh, NC. Mack Davis, former owner of Medlin-Davis Cleaners, which was started by his father in 1948 sold half his company to Brett Allen and the other half to David Makepeace. Together they agree on items like advertising, pricing, and logo design. Otherwise, they run their own companies separately. They have a combined total of 12 stores and 6 routes. We visited numerous Medlin-Davis Cleaners locations during our visit. Brother’s Cleaners, a friendly rival gave us a tour of their recently rebuilt state-of–the-art operation. We had lunch at the home of David and Lee Makepeace in the
One of the key elements for all of us to accomplish to insure a successful business is to have effective procurement procedures in place as we conduct our day-to-day business operations. Wikipedia offers this direct definition of procurement “the act of acquiring goods, services, or works from an external service often via a tendering or bid process.” Over the years, Tuchman Advisory Group has invited a variety of experts to share their knowledge of factors that impact our businesses. One of our most popular experts is Mike Glass, who for over 30 years has held positions in procurement for Nvidia, Hewlett-Packard, and Flextronics. I asked Mike to answer a few critical questions relating
