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cost reduction

SIOP/ S&OP and Bottom Line Benefits

According to a Hackett group study, the benefits of SIOP (Sales, Inventory & Operations Planning) can be dramatic. First, let's back up to describe SIOP: It is an integrated business process that aligns demand with supply and through which the executive /leadership team continually achieves focus, alignment and synchronization [...]

The Resilient Supply Chain: Does Supplier Negotiation Work?

In today's Amazonian environment, it is quite clear that the customer's experience is #1.  It doesn't matter what issues you have; if you cannot make sure that your product or service is delivered on-time with value-add service at a reasonable price, you will lose the business.   In talking with [...]

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 [...]

Manufacturing is on the Rise

February 4, 2017 There is an air of excitement about the future in manufacturing! Last night, I talked with several executives of manufacturing companies and today I was the chair of the innovation awards at the Manufacturing Council of the Inland Empire (MCIE) Manufacturers' Summit, and it is clear [...]

Strategies to Reduce Operational Cost without Capital Investment

Focus on operational cost reduction strategies to continue growing efficiently while also giving yourself pricing wiggle room.As businesses look to find ways to grow profitably and build efficiencies into the process upfront, maintaining low operational costs remains paramount.  It also provides pricing flexibility as you are able to reduce [...]

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