The Bager formula

December 2004
Cabinet Maker;12/17/2004, Issue 5419, p12
Trade Publication
The article presents the interview of managing director of Magnet Inc. Preben Bager. Currently Magnet makes items to stock, rather than order, but Bager wants this to change by the end of 2005 which its parent company Nobia is backing with £5 million of investment. Then all Nobia businesses will make to order. It will bring down the stock but the main reason is the service will be better and we can bettercustomise things to customers' individual needs. The seasonal ftuctuations in orders, peaking in the winter sales and Bank Holidays in Great Britain, has also perplexed Bager.


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