As manufacturers and distributors emerge from the coronavirus pandemic, they are focused on how to grow revenue and become more efficient and profitable to offset the typically negative impacts of COVID. In the situations where business has grown exponentially in consumer industries such as B2C (e-commerce), home improvement and [...]
We have received quite a few calls lately with the underlying theme of revenue growth and predictability, and it got us thinking: Doesn't every executive want revenue predictability and growth? Certainly the successful ones do! If your revenue is tough to predict from week-to-week, month-to-month and year-to-year, it might [...]
November 23, 2017 My colleague and I led a Kaizen workshop on metrics last week with a process manufacturing client. It is always interesting to brainstorm which metrics are the most relevant in tracking a company's success. They are NOT always the same. Companies are in different industries; they [...]
Time is ticking – do you know your OTIF score? One of my clients forwarded this Business Insider article about Walmart’s supply chain metrics. Walmart is not only requiring an increase in OTIF (on-time-in-full) delivery performance but it also will charge penalties for suppliers that don’t live up to [...]
August 7, 2017 One of my clients forwarded an article about Walmart's supply chain. Walmart is not only requiring an increase in OTIF (on-time-in-full) delivery performance, but it also will charge penalties for suppliers that don't live up to the metric! Creating an efficient supply chain is critical for [...]
Understand what your customers consider to be good quality before investing in unnecessary costs. Even the founder of lean principles, Toyota, can falter on quality; thus, anyone can lose their edge – yet it is cornerstone to business success. People and companies have more choices than ever before. If [...]
Are you mired in data cleanup and not focused on measures that can immediately help you? Stop searching for the “right” data lever and look for measures to track and improve processes. If you have the systems to measure your ideal metric, go for it but don't let it [...]
Since projects lift bottom-line business results, companies depend on these initiatives for growth and profits. Cultivating a strong project team and handing them a clear goal are keys to success. Published in "Project Times" website, October 11, 2016 Click here for original article. Projects are the cornerstone to achieving [...]
With today’s high customer expectations for quick service, 24/7 accessibility and expanded services supply chain managers are increasingly overloaded. Delegation is key to meeting demands and working efficiently. Published in "Project Times" website, March 1, 2016 Click here for original article. In today's Amazon-impacted world, customers have higher expectations [...]
Being able to define your culture in your workplace is the starting point to being able to make positive changes to the beliefs that govern behavior. There is quite a bit of talk on culture in organizations; however, if you were asked to define your culture, could you? I [...]
