According to Supply Chain Management World, although social media is playing little role in supply chain strategies in the recent past, it will be of an increasing importance in 2013. Many see opportunities to leverage social media for customer feedback, product innovation and supply disruption. These are 3 vital [...]
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. Also, as my consulting strategy/ accountability partner says, it is an interesting paradox of strategy and execution which sums up what is essential [...]
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 [...]
