Purchasing Best Practices were important to two supply chain optimization projects we recently completed for a University and a $400M manufacturer of consumer products. All companies purchase goods and services and have various organization structures, business processes and technology backbones for handling it. In both projects, these were significantly different from each other. Irrespective …Read MoreThis entry was posted in Continuous Improvement, Manufacturing and Distribution, Supply Chain Optimization, on April 14, 2019
Kaizen is part of a Continuous Improvement strategy where stakeholders (customers, suppliers, employees and contract workers) at every level work together to implement process improvements at the business level and on the shop floor. These improvements may be …Read MoreThis entry was posted in Continuous Improvement, Driving Continuous Improvement Series, on January 29, 2019
Here are some facts to consider when deciding to add the Brown Paper Exercise to a Value Stream Mapping Project:This entry was posted in Continuous Improvement, Driving Continuous Improvement Series, Healthcare, Manufacturing and Distribution, Organizational Development, Strategic Execution, Supply Chain Optimization, on December 20, 2018
In Part V of the series on Driving Continuous Improvement, we discuss the importance of utilizing the right combination of Continuous Improvement tools. Once you have your program aligned with your business strategy and …Read MoreThis entry was posted in Continuous Improvement, Driving Continuous Improvement Series, Manufacturing and Distribution, on May 6, 2018
Many people believe that Continuous Improvement is a culture. It certainly is in the eyes of the Japanese and many others, but is continuous improvement really a culture or something else? …Read MoreThis entry was posted in Continuous Improvement, Driving Continuous Improvement Series, Strategic Execution, on February 20, 2018
Healthcare performance improvement and healthcare performance management are intertwined and require a holistic approach to setting the right targets and accountabilities. The complexity of all the things healthcare teams need to be good at makes this a daunting task when going it alone. Hospitals need to excel in these primary areas: …Read MoreThis entry was posted in Continuous Improvement, Healthcare, on January 15, 2018
This case study describes how a healthcare consulting team of process improvement experts, utilizing Lean Techniques, were able to help a home healthcare provider improve annual profitability by $900K, reduce overtime by 50%, increase productivity by 10% and increase revenue by 3%. …Read MoreThis entry was posted in Case Studies, Continuous Improvement, Healthcare, on December 16, 2017
The Internet of Everything: 8.4 billion and $2 trillion! Those are the estimated number of connected ‘things’ on the internet and the amount spent on these devices and services by the end of 2017, according to a Gartner study. The number of connected things is expected to …Read MoreThis entry was posted in Business Transformation, Continuous Improvement, Cost Takeout, Healthcare, Information Technology, Manufacturing and Distribution, Strategic Execution, on December 14, 2017
In God we trust. All others must bring data
~W. Edwards Deming~
The above quote from W. Edwards Deming, widely considered as the father of quality management, tells the importance of data and its value for making decisions. The need for increased productivity requires that businesses have data-driven insights. Data-driven insights have …Read MoreThis entry was posted in Continuous Improvement, Information Technology, Organizational Development, Talent Management, on December 1, 2017
After Action Review, Post Mortem, Critique… all are terms used to describe an assessment of a project, event or activity after said project is completed. Our experience is that the After Action Review process is an important continuous improvement tool especially for major transformative activities such as the implementation of new digital technologies (software systems, user tools, etc.), …Read MoreThis entry was posted in Continuous Improvement, Organizational Development, on November 28, 2017
- Why Should You Care About Blockchain and IoT?
- Manage Your Business Like You Are Going to Sell It
- The Internet of Things – IoT : Making sense of Its Components
- Digital Supply Chain Technology …… Are you leveraging it to the fullest?
- Case Study in Sales, Inventory, Operations Planning (SIOP) Process Improvement
- Digital Technology as a Strategic Asset
- 12 Purchasing Best Practices
- Group50® Recaps 2018, Announces Addition of Lara Abrams to the Group50 Team
- The Need for Technology Succession Planning
- What is Kaizen ?