Using AI to Improve Business Performance
As business executives contend with heightened supply chain risks and inflationary pressures, artificial intelligence (AI) has emerged as a hot technology that can help to improve business performance.
Sustainable Manufacturing = Uncommon Common Sense
Manufacturers should work to reduce materials, energy consumption, and inefficiencies to improve their carbon footprint and achieve the triple bottom line.
Strategies for Gaining Packaging Efficiencies in Your Supply Chain
Since packaging is typically 10-40% of the retail price of products, there is no doubt it adds up to a relevant factor in product cost and waste.
Efficiency or Resiliency?
According to a McKinsey survey about COVID-19’s impact on operations and the future supply chain, supply chain leaders believe it will be transformed. For example, close to 75% experienced issues in the production, distribution and supplier footprint that will require changes in the future, and a whopping 93% of [...]
Satisfy Customers First, and Cost Cuts Will Follow
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.
Which Planning Method is Best?
I cannot tell you how many disagreements I've seen over the years on the optimal planning method.
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.
Sustainability – who knew that it’s common sense?
These are just a few sustainable ideas. They are largely common sense and do not require significant capital/cash.