Item Templates
Some people refer to these as the product family setup features. If not careful-you might end up with many items you never use.
The process impacts are huge. The ability to work with your suppliers; higher threats of abuse based on the obvious maturity in your business processes.
Purpose of item templates in Real World stakeholders views
To enable item logic re-use and generic standards to meet the criteria of classification systems consistently.
Using Quantified Measurement Systems
- In volume driven organizations you will see the item described in the item identifier name or Product ID
- Think for a moment about the way you have a dollar bill
- If every-time you put the dollar in your pocket you were unable to see it except in a handful of pennies. Every time you wanted a dollar from your pocket book or wallet a hundred pennies would be the reality for you.
- As a result the many steps and touches become higher threats for defects.
- Measuring and using a percentage has simply taken the dollar and broken it into 100 times the threat.
- You had a single defect in a way you could address
- You know have a hundred that say your okay and no one will address because it's far too complex.
- Think of the way more impacts any person in this analogy
- You have to place each penny into a piggy bank; many times I drop a few.
- You have to count each penny individually; I often get distracted and have to restart again.
- If every penny was to be placed into 100 banks; you would have the same problem with higher effort.
- Often people use this approach without revealing that they could have had a single defect without 100 movements into many piggy banks.
- Many people think this approach makes sense.
Qualified measurement systems
- Design with the abstraction of design patterns; before performing root cause to understand the norms try not to assume that the experts have the ability to see beyond their own work flows
- Especially if they are on the receiving end of the penny scenario.
- Understand the object design patterns;
- Think of a pivot table; large amounts of data can become larger simply by placing data in a certain position.
- Use the pivot table to reduce the many into common patterns.
- The template isn't changing the value in the field of the template change.
- What patterns exist in technology offers?
- Apply high, medium, and low indicators to assign your external
risk reporting assignment in the template of your items.
- Try one per
class based on your SEC reporting.
- One for cost and one for revenue.
- High
- New-High
- aka New Business Models
- aka Competitive Advantage
- aka Higher Resource Skills
- aka Higher risk
- aka not fitting in your current system
- aka intellectual property
- aka high controls
- aka higher touches fewer outside the norm
- Medium
- Advanced - Medium
- aka mature in market with increasing value
- aka harder to ship complete
- aka higher cost
- aka begins to shift to channels in program or a single offer special training.
In closing let's see how this template applied to our items in an offer translates into our highway analogy.
- High - Slow lane on the highway
- Medium - Middle lane on the highway
- Low-fast lane or commuter lane with partners
Any organization anywhere in the world.
