Study Predicts Near-Sourcing Will Increase
Manufacturers considering insourcing to the U.S. and near-sourcing options to Mexico and other closely located countries because of the Amazon effect -- the need for rapid response to customer needs.
Manufacturers considering insourcing to the U.S. and near-sourcing options to Mexico and other closely located countries because of the Amazon effect -- the need for rapid response to customer needs.
I have solved countless challenges with minimal expertise in the particular subject area some thought was required when several experts with the equivalent of "Harvard PhD's" in that subject area couldn't. The MacGyver solution worked.
It is worth considering at least being aware of the power of crowdsourcing. Crowdsourcing can apply to all business and social interactions.
Whether outsourcing, insourcing or near-sourcing or a combination of all three, manufacturers need to reassess their strategies to measure risk and ROI.
While in Japan last week, I had the opportunity to ride the bullet train three times - and, even waited to go back to Tokyo from Mt. Fuji to see it whiz past since you cannot see it in action in Tokyo as a terminal station - simply amazing [...]
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.
If you are already in a product development cycle, take a step back to think about whether you think achieving 30% of total sales within 3 years is feasible.
How can we be innovative and use what we have in new ways to create success?
Increased margins and company growth are easier to reach when process disciplines are emphasized within an organization
Last week, I went on a fascinating tour of the L.A. Times operations. It was quite impressive - and massive. Did you know the L.A. Times has has the largest operation in the U.S.? They print for the Wall Street Journal, USA Today and others in addition to the L.A. Times.