According to a recent Deloitte and Forbes Insight study, business leaders identified social media as the 4th largest risk source for the next 3 years. A few years back, social media wouldn’t have even been on the radar! Also, the Harvard Business Review discussed how social media tools can [...]
Published in ThomasNet News on July 10, 2012 Lisa Anderson, founder and president of LMA Consulting Group, Inc. whose firm consults with businesses on strategic operations, supply chain, operations management and other disciplines, nevertheless cautions, "If your business isn't focused around a core competency that relates to government contracts, [...]
One of my colleagues, Vicki Jeter, is exceptional at designing and implementing lean for I.T. – in essence, Lean I.T. is about providing value in the eyes of the customer, driving out non-value added work, and leveraging systems to achieve bottom line results. A few tips I’ve learned from [...]
With the price of fuel rising 30% from January to early June, transportation costs are rising in importance again. According to 80% of the finance chiefs interviewed by the Duke University/ CFO Magazine Global Business Outlook survey, high oil prices are hurting their business. I quickly learned that my [...]
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. Not significant by any means. Interestingly, all [...]
We had an APICS student case study competition last weekend in San Diego. It was the best turnout yet – 12 teams, both undergrad and grad teams. The students were quite impressive in reviewing and resolving the case study. Cal Poly San Luis Obispo won 1st place for the [...]
Logistics has been making a comeback in the Inland Empire in the last 6 months! The port activity is up, employers are beginning to look at projects to improve operations and hiring is on the rise. Earlier this week, I attended Norco College’s Logistics Advisory Committee meeting for their [...]
According to the UCLA Anderson Forecast, it is predicted that California employers will shed another 90,000 jobs this year and job growth will remain slow. Overall, it’s expected to remain around 12%. California is far worse than the national average (which hovers just below 10%); however, there is much [...]
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. Gaps in such skills as problem-solving and communication also were noted in the study. This doesn’t seem to add up vs. [...]
