Slashing Lead Times to Counter the ‘Amazon Effect’
Must you compromise quality for speed? Reducing lead time will increase customer satisfaction and avoid the Amazon Effect.
Types of Capacity
Businesses with growth ambitions have to gauge the current capacity of every facet of their facility to plan future productivity
How to Be Prepared for GROWTH!
Take stock of where you are and what levels of growth you expect. Undoubtedly, preparation action items will pop to mind.
Manufacturers See Critical Importance of Collaboration
According to a recent KPMG survey on the Global Manufacturing Outlook, executives are thinking about innovation. 81% are altering their business models to to encourage collaboration with customers, suppliers and other partners to "improve the value of their innovation investments". Speed is critical. Thus, a key question is how [...]
Your Customer Comes 1st
No matter what your company objectives, you must understand your customer.
The Value of SIOP
SIOP is not something that you'd implement in a week; however, the basis of SIOP is culture change.
Inventory Velocity
By implementing a SIOP process you’ll be in a better position to leverage your resources for a speedier inventory velocity. Inventory velocity not only accelerates cash flow but it also can contribute to margin improvement. How do we turn inventory faster and keep our money in motion vs. stagnating in the back of our warehouse?
The Value of Simplification and Business Results
I find that the vast majority of my clients get hung up in finding the "perfect solution", in analyzing "one more" set of data and the like.
SIOP Metrics: 5 Key Baseline Measurements
Of all the overlapping metrics available to executives the best ones enhance SIOP (Sales Inventory Operations Planning), also known as S&OP, and offer the most vital information for running a business.
A Planning Mindset
Have you heard of the PDCA model (Plan, Do, Check, Act)?