Today I Attended three different meetings. The first was a meeting called, "The 9" which is held at 9am every tuesday and friday. In The 9, the heads of each separate division of the company come together and talk about what their plans are for the week. Also what needs to happen to stay up with their deadlines. The people who attend this meeting are the heads of shipping, recieving, labeling, marketing, sales, the junior president, the COO, and the CEO. Today they talked about needing the shipping department to send out forty pallets of product to petsmart. Also, receiving shippments from Iraq and Iran in mid July, and the new products that are coming in. They were receiving new products such as softgels to send to Rite Aid and Discount DrugMart (DDM). Due to the new product being made, they needed to contact label artist to draw new labels so the product could be allowcated to the companies. An important idea I learned in The 9 was to go out to the stores and check on products, both your own and your competitors. This is because it is very important to know where your product is located on the shelf, it can affect the way it is being sold. Also, to make sure your product is not clumping while sitting on the shelves. Companies need to check on the competitors product to make sure they are staying competitive, in the sense of both price and quantity.

The other two meetings I attended were the accounting meeting and a meeting with a computer information technology company. In the accounting meeting I learned that when you sell to companies, a lot of the time they will not pay in full and will come up wirth reasons why they have deducted from the products value. When this happens the company needs to decide what to do about the money being lost, either to write it off, or to defend their product and try to get the full payment. The other meeting with the I.T company was very interesting. The CFO, Jim Jumpeter, told me when meeting with businesses you may sign with, a lot has to do with your emotional and gut feeling torwards them because if you sign a deal, you are starting a relationship with the company for the next 3-5 years. Make sure you feel confortable with that business.

Hours: 6am-3pm
 
Today, I meant the CEO and President of the company, Steve Snyder. There is no wonder why this man is so successful, and running a $60 million company. From the minute I meant him I could tell he was special. He is very down to earth and an unbelievalbe people person. I could not believe how welcome he made me feel at the company, especially for me to just be an intern. He is a very busy man, and I have talked to many employees, no one has had a single bad comment to say about him. He is well respected by his staff. I can already tell how hard of a worker he is, and he seems to know lierally everything about the company and what is happening on a day to day basis.
He has decided that I will spend each day of the week in a different department of the company.
Monday- Accounting
Tuesday- Opporations/Quality
Wednesday- Purchasing
Thursday- Sales and marketing
Friday- Attending Meetings and Projects

My Hours are: Monday-Thursday 6am-5pm
                      Friday- 6am-3pm

Mr.Snyder told me that one of the main things to know about running a business is that there is a delicate balance between being too far ahead and too far behind.

Hours: 6am-5pm


 
Second dat of work at 21st Century Healthcare. During the second day I meant with the master scheduler, John Horsefield. He took me on a more in depth tour of the company. He showed me how each individual part worked and what that entailed. I also worked a little more with Mr. Jumpeter. He told me that when dealing with transactions of any kind. make sure that they have to go through more than one person before they can be finished. For example, I watched and help a $37,000 transaction go through from our company to a company in Yemen. For this to happen, the CFO had to initiate the transaction. The COO, Scott Jenkins, had to look it over and send it to the CEO, Steve Snyder, who would then finalize the transaction and send it to Yemen. To take security measures even farther-- for the CFO to even start the process he had to use a token code number that changes every thirty seconds, as the password. By taking these types of measures, when making a wire transfer, ensures that employees are not stealing money from the company.


Hours: 6am-5pm
 
During my first day at the company I meant and spent a lot of time with the CFO. His name is Jim Jumpeter. His first question to me was about who I was, and how I came to be sitting where I am today. We talked for a little while about each other and then the rest of the day was a breif tour around the company. He told me three very inportant things to remember. First, the CFO protects the company assets, so he needs to be someone trustworthy. Second, when starting a new business, dont reinvent the wheel. Finally, he said to always inspect dont expect. 

Hours: 6am-5pm