Inventory has emerged as a hot topic lately. In today’s Amazon-impacted business environment, customers expect rapid, customized deliveries, the ability to change their mind anytime and easy interactions (placing orders, returns etc.). Since clients are growing, they are also concerned with keeping up with the increasing volume. Thus, they [...]
January 9, 2018 According to an Industry Week article, factories across the globe are showing signs of strain in keeping up with demand. China, Germany, France, Canada, the UK and the US all show that capacity might not be keeping up with supply. In fact, the U.S. reading from [...]
June 6, 2017 According to Industry Week and Moody's Investor Service, there could be a significant upside to robots with the near-term demographic time bomb in Japan and Germany. Certainly, work will need to continue to get done; however, as more and more workers retire, that could become a [...]
Published in RM Magazine on May 1, 2015 Labor practices and related issues can be just as devastating. "It's a public relations risk," said Manufacturing and Supply Chain Expert, Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc. "In fact, it doesn't have to be a labor [...]
The key to success isn't to think about profit but instead to think about profit drivers. What business isn't interested in profit? None I can think of - even non-profit businesses need to be concerned about whether they'll come out "a wash". I find that the key to success [...]
