As a millennial, it’s obvious to see that there is one aspect of modern marketing that can instill fear deep into the hearts of older generations: ‘Social Media.’ As you may already know, Social Media is no longer a hobby, a trend, or a mere pastime. This once-considered downtime activity is now a booming industry—and…
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Have you ever wondered what makes a business contract tick? How do organizations determine what to put in them—and what should stay out? Unless you are exposed to this area of business, you may not be able to recognize the in’s and outs of a binding contract. While the word ‘contract’ may seem daunting, a…
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Inventory management continues to be a contentious issue in organizations due to the costs (storage and holding) often tied to excess or shortages in inventory. Excess inventory is often symptomatic of inherent problems in the manufacturing and/or procurement processes. Shortages, on the other hand, result in missed sales, reduced customer loyalty and the inability to…
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Have you ever wondered why organizations appear to have Change Management programs that are separate from Leadership programs? I have! In my own experience with these programs, I have noticed that change is a constant theme … and Leaders are always in the midst of it in their organization or project. This change that Leaders…
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I heard this expression the other day and I could not help but think how that expression has changed over the years. First and foremost, who pays with cash anymore, and secondly who even carries cash? This world over the last several years has changed so significantly from how we pay for goods and services…
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“70% of profitability can be tied to the performance of an organization’s supply chain”. The statement made by an academic keynote speaker at a recent supply chain conference. A Deloitte survey noted, “79% of companies with high-performing supply chains achieve revenue growth greater than the average within their industries. Conversely, just 8% of businesses with…
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A 40 Year Perspective A lot has changed in manufacturing in the past 40 years. The globalization of manufacturing has moved manufacturing all over the globe. Supply chains have become extended and complex. Planning and executing in manufacturing facilities across multiple global locations has been greatly influenced by the implementation of ERP solutions. ERP systems…
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Why Do Companies See the Std ECC Capacity Planning Reports, You Know CM01,04,05 Etc. and Think, What a Load of Rubbish? Or that they can’t help. There ugly old and should have died with the dinosaurs. There is a general fundamental lack of understanding of Capacity Planning and how its role is core to achieving…
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A day in the life of an off-shore Materials Coordinator Todd Jenkins arrived at the Pearcy Shore Base outside Aberdeen at around 5:30 am. Fifty minutes earlier, having downed the last of his Java deep roast coffee, he said goodbye to his wife of 22 years, Janet. Both were now accustomed to the 28-day rotation…
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This is an old adage that I have believed in when dealing with complex situations. I leverage this as part of a team when we are working with a client, optimizing their Supply Chain. Optimizing is about leveraging existing People, Process and Technology to their fullest capability/ability and to be successful everyone must “play their…
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