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Financial

Satisfy Customer First, and Cost Cuts Will Follow

Published in CFO Magazine on Nov. 29, 2017 "Think carefully about your real objective. Are you truly interested in cost cuts? For my part, I have yet to hear of a company vision, mission, or strategy that's related to cutting costs. Most likely, there is concern over margins. But [...]

VMI – Supply Chain Collaboration on Steroids

Collaboration is at the center of successful working relationships with your supply chain partners.Supply chain collaboration is in vogue. Customers have figured out that if suppliers have access to more information on what they need and what is important to them that they'll typically do a better job of [...]

Why Financial Acumen is Relevant to Operations

Have you put your organization under review to look for ideas and solutions that may be right in front of you? Take a step back and look for those strategic weapons with an eagle eye at improving performance and your bottom line. As we brainstormed our unique value proposition [...]

Lisa Anderson to Discuss “The Amazon Effect” in April Institute of Management Accountants Technical Meeting

Published in Global Banking & Finance on April 22, 2016 "Amazon is changing the business landscape" explains Lisa Anderson, president of LMA Consulting Group, Inc., which consults large corporations on supply chain management. "Unlimited variety is assumed, same-day service is the norm, and 24/7 accessibility with easy returns and [...]

2020-11-02T23:58:27+00:00April 22, 2016|Categories: Amazon Effect, Financial, In The News, Supply Chain|Tags: , , , |

Metrics Rule!

You can't give attention to work priorities to grow a more profitable business if you aren't collecting data, measuring variables and tracking trends. I refer to one of my core service lines as "Eagle Eye" since I've found that selecting the right priorities to work on is half the [...]

The IT – Business Partnership

Successful companies forge partnerships with their IT departments to create an ERP system that provides data to make good decisions and provide their customers with an exceptional experience.Is IT viewed as a partner to the business? Or a necessary evil? Or something in-between? Successful companies go down the path [...]

The Skills Gap

With an increasingly complex business environment, businesses need to know how to resolve skill gaps in their workplace The skills gap is a rapidly growing issue for manufacturers and distributors. Almost every day that I go into a client, go to a trade association meeting or talk with colleagues, [...]

Communications Rule!

Too busy to communicate? Research reveals that communications skills are lacking in the manufacturing and distribution workers. As much as we know that communication is critical, we often ignore this key area. We are swamped with daily work, getting the month's sales shipped out, learning the latest technical gadget [...]

7 Hot ERP Systems Trends

Stay on top of hot ERP system trends to stay ahead of the competition. Those who make a concerted effort to identify and leverage emerging trends outperform their counterparts. As I want to make sure my clients are at the forefront of this path, I pay attention to emerging [...]

Is On-the-job Training Enough?

On-the-job training is rarely enough! In a survey conducted by my firm, LMA Consulting Group Inc. in conjunction with the APICS-Inland Empire chapter, it was found that on-the-job training is the most frequent methodology used to train workers yet 87% of manufacturers and distributors surveyed are experiencing a skills gap.  What [...]

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