Is Outsourcing Dead?
As the cost advantages for outsourcing dry up more companies are bringing manufacturing back to North America. Re-shoring may increasingly be your best bet for improving customer service levels without going broke.
Operations Strategy
I’ve been thinking a lot about this subject recently as I realized that the 80/20 of what I do for clients can fit into this category.
Got Cash?
You wouldn’t think so from the way companies are hoarding cash; however, in general, they have a stockpile of cash and remain leery to spend it. Last year, there was a 2% decrease in days working capital (DWC), according to CFO Magazine.
Defining the Entrepreneurial Spirit
Achieve an entrepreneurial spirit or be left to slowly wither away in today’s new normal business environment.
Innovation Tips
As innovation is key to succeeding in the “new normal”, I thought a few tips might prove helpful: Create a culture of innovation – it’s not enough to encourage innovation in R&D. Those companies who create a culture of innovation will be those who succeed. Start with the customer [...]
Building an Innovation Culture – What Is Vital?
What is vital to building a culture of innovation? There’s one word – leadership!
US Manufacturers Face Shortage of Skills – How Can That Be?
According to a study released in 2009 by Deloitte, the Manufacturing Institute and Oracle revealed that nearly a third of companies were experiencing a modest to severe shortage.
Made in the USA Gains Momentum
I believe we MUST find a way to be competitive for non-commodity products in the USA
Just-in-Time Remains Justifiable
It seems very common that people get on the bandwagon of some of these philosophies like JIT, and they give up as opposed to understanding that it's not something trendy to do.