Podcast: Jim Gitney with Host David Bookbinder on “Behind the Numbers”

In the spirit of Thanksgiving, I am grateful to Dave Bookbinder for having me on his podcast: “Behind the Numbers” to discuss my book, but more importantly to discuss a simple approach to developing and implementing business strategy, which has yielded great results in dozens of companies over the last 10 years. Even if you have a strategic planning and implementation process (more…)

Continuous Improvement is a fundamental concept in the world of Lean and Agile methodologies. It revolves around the idea of constantly striving for excellence, optimizing processes, and enhancing overall efficiency. In this article, we will explore the core principles of Continuous Improvement, the continuous service improvement process, its components, and how to create an environment of continuous improvement. We will also delve into the importance of adopting a continuous improvement mindset. (more…)

I wanted to let you know that I will be doing a live webinar with Lorman on 11/07/2023 at 1 PM EST. The subject is “Building Effective Procurement and Supply Chains Using Data Analysis”.

Please join us and you can receive ISM CPSM, CPSD or C.P.M. and CPE education credits. If you send a note to info@group50.com, I will send you a discount code. (more…)

As leaders, we all know that good enough doesn’t cut it. But in today’s lean and remote organizations, teams tend to accept “Good Enough”, which checks the box so that they can move on to the next critical issue in the business. It is a potential trap that can lead to mediocrity and subpar performance.  It can create: (more…)

Group50 Consulting is a US based distribution and manufacturing company that specializes in significantly improving performance and profitability across a company’s supply chain. They have a team of experienced consultants with a deep understanding of manufacturing and distribution across many industries. Group50 offers a wide range of consulting services, including:

(more…)

In an increasingly interconnected world, efficient supply chain management has become the backbone of successful businesses. Whether you operate in the realm of manufacturing, retail, or services, optimizing your supply chain is paramount to sustaining a competitive edge.

What is Supply Chain Consulting and What do Supply Chain Consultants do?

Supply chains are generally defined as encompassing all value-added activities that create and sustain a product or service through post sale end of life. Optimizing this complexity often requires subject matter experts that the company doesn’t have on staff. This is where Group50 Supply Chain Consultants step in, providing subject matter experts who have invaluable insights and strategies to enhance supply chain performance. In this comprehensive article, we will delve into Group50’s expertise, focusing on five key aspects: supply chain management, cost reduction, strategies to fix broken supply chains, globality and technologies that can transform your business.

(more…)

Introduction

Strategic planning is an essential process that organizations undertake to define their long-term goals, allocate resources effectively, and adapt to changing environments. As businesses and institutions navigate increasingly complex markets, most companies do not have the requisite skill sets to fully develop and implement a strategic plan.  This article provides a comprehensive guide to strategic planning, the role of strategic planning and management consultants and details their significance, responsibilities, skills required, and the strategic planning and execution process they follow.

(more…)

A well-designed supply chain is the linchpin of success. An effective supply chain isn’t merely a series of processes; it’s a strategic framework that optimizes efficiency, reduces costs, and enhances customer satisfaction. Here are the critical elements that contribute to the creation of a seamless and high-performing supply chain. (more…)

In today’s global marketplace, the efficiency of a company’s supply chain can make all the difference between success and failure. Supply chain consulting has emerged as a vital resource for businesses seeking to streamline their operations, enhance customer satisfaction, and gain a competitive edge. It is critical (more…)

Leaders are always challenged with improving the productivity of their business. Historically, productivity has been thought of as improving the output of people in the organization. But productivity is about realizing more with less:  Fewer people, less overhead cost, less working capital, and various other measures. My view is that the productivity of your business is really measured in terms of $ of revenue/ $ of cost. The higher the number, the better your productivity. Productivity isn’t just about people anymore. It is about people, systems, and processes throughout your business: Back office, supporting functions, sales, marketing, product development, the shop floor and throughout the supply chain. The productivity cycle below is applicable to any business process.

(more…)