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The New NAFTA & What It Means

November 30, 2018 Earlier today, the USMCA (new NAFTA) agreement was signed by the U.S., Canada and Mexico.  It still needs to be ratified by lawmakers but several immediate protections went into effect.  Since I am surrounded by manufacturing and supply chain organizations and professionals in terms of clients, [...]

Will Your Supply Chain Risk Surprise You?

What happens when you have a break in your supply chain? Do you have contingency plans in place to mitigate business interruption?Supply chain risks abound! Just look at the recent bankruptcy of Hanjin. It created havoc in the global supply chain. Ships were virtually stranded on the water. No [...]

Why Looking at Return on Investment (ROI) is So Much Better than Cost

How many times have you heard about managing cost (or saving money) in the past week? I bet quite a few as almost all companies focus significant efforts on cost. In all functions and certainly if you are in or responsible for Operations, a large portion of your responsibility [...]

Why We Shouldn’t Shy Away from Risk

Published January 30, 2015 I always look for trends as I find that the 80/20 of success comes from watching and proactively addressing trends. This week, it has been obvious that if we are NOT willing to take prudent risk, things are likely to go awry. For example, if [...]

2020-10-05T15:15:22+00:00February 11, 2015|Categories: I've Been Thinking|Tags: , , , , , |

Sarbanes Oxley

Meant to protect investors and increase transparency in corporate accounting, implementing the Sarbanes Oxley Act takes some organizational introspection.The 2002 Sarbanes Oxley legislation (new, enhanced standards for all U.S. public companies) was established in response to high-profile financial scandals (Enron etc) in order to protect shareholders and the general [...]

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