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inventory management

The Economy – Where are we headed & where to focus?

In the last few weeks, I've participated in three different economic events, talked with trusted advisors and seen what clients are experiencing. From banks to economists to executives, differing views emerge. But, what is the bottom line?

Gaining a Logistics Edge with Inventory Management

Logistics costs have been staggering. According to the 33rd Annual State of Logistics report produced by the Council of Supply Chain Management Professionals by the global consulting firm Kearney and presented by Penske Logistics, U.S. business logistics costs rose by 22.4% last year.

The State of Affairs in Package Shipping

To prepare for a segment on Bloomberg to talk about the state of logistics that will air with their interview of Deutsche Post DHL Group CFO Melanie Kreis (which will air on Chief Future Officer on Oct 5th), I did a deep dive on package shipping and related logistics systems.

The Case for US Manufacturing

Made in the USA! Instead of fiddling around dipping our toes in the water, we should put a full court press on expanding manufacturing in the USA. Why? Let's just consider a few questions: Should we put our eggs in the China basket? Only if you enjoy substantial risk... [...]

Forget About Reducing Inventory; Perhaps You Have the Wrong Supply Chain Strategy

Clients and colleagues have demonstrated a heightened interest in inventory reduction recently; however, they are not yet seeing the full value! Certainly with everyone worried about a potential recession in 2020, they are starting to think about not tying as much cash up in wasted inventory but that is [...]

Is Your Supply Chain Ready for Scalable Growth?

When faced with double digit growth, many businesses are stunted because they haven’t prepared their supply chain for growth. Recently, we worked with a large, complex organization to provide an external assessment of the supply chain organization and how well it was prepared to support scalable growth.  It reminded [...]

Which Business Best Practices Do Top Notch Trusted Advisors See?

Best business practices, this way.... In my ProVisors ODAM (Ontario-hosted Distributors and Manufacturers group – don’t you love the play on words?) meeting this month, we discussed business best practices we’ve seen with our manufacturing and distribution clients. It was a fascinating discussion as our group is diverse and [...]

What is Walmart Doing?

I sat on a panel of experts for Mobility 21's annual conference titled "Speed to Delivery: Good's Movement's High-Tech Future".  It was a fascinating conference and panel discussion as to the amazing amount of technology being discussed to address the future of transportation.  One of the panelists was the Senior [...]

A Tour of Skechers & Jaw Dropping Savings

August 24, 2017 Recently, I went on a tour of Skechers with my ProVisors group.  We had heard so much about the building and related innovations from the developer, Iddo Benzeevi, previously that we were really excited to see it in action.  There are truly jaw dropping savings - [...]

Wisconsin Provides HUGE Incentives to Lure Apple Manufacturer

Wisconsin granted $3 billion in tax incentives to Foxconn to entice them to manufacture in the state of Wisconsin.  This is not only the highest government subsidy ever for a foreign company to locate to the U.S. but it also entices production that goes into the ever-popular Apple iPhone.  [...]

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