- Market Effectiveness: The Customer Journey Map for Manufacturing and Distribution Companies – Direct to Consumer – Bricks & Mortar – Business to Business By: Admin
Market Effectiveness, a term used by Group50® Consulting, defines the business processes associated with serving customers. In every business, managing and optimizing these processes are critical to success. Manufacturing and distribution companies are especially challenged because there are many channels of distribution they must be effective at: Direct to Consumer (D2C), Bricks & Mortar and Business to Business (B2B). This article outlines …Read More
This entry was posted in Manufacturing and Distribution, Market Effectiveness, Product Development, Strategy 5.0, on January 8, 2024 - Building Effective Procurement and Supply Chains Using Data Analysis -Live Webinar with Jim Gitney – By: Admin
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. …Read More
This entry was posted in Manufacturing and Distribution, Supply Chain Hierarchy of Needs, Supply Chain Optimization, Total Cost of Ownership, on October 21, 2023 - Group50® Consulting in Manufacturing and Distribution By: Admin
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:
This entry was posted in Manufacturing and Distribution, on September 26, 2023 - Group50® Supply Chain Consultants: Empowering Businesses through Expertise By: Admin
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.
This entry was posted in Manufacturing and Distribution, Supply Chain Optimization, on September 20, 2023 - Manufacturing – Process Value Stream Case Study By: Jim Gitney
- Identified $4.9M in process improvement savings, a 17% productivity improvement
- Increased throughput between 25 and 100%
- Increased First Pass Yields between 15 and 60%
- Redesigned multiple workstations and processes …Read More
This entry was posted in Case Studies, Continuous Improvement, Manufacturing and Distribution, Value stream mapping, on January 26, 2023 - Supply Chain Strategy – Case Study By: Jim Gitney
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- Identified large growth opportunity in a downward market.
- Market study on how to differentiate in the market through supply chain.
- New business and supply chain strategies.
- Defined strategies for leveraging installed base.
This entry was posted in Case Studies, Manufacturing and Distribution, Strategy 5.0, Supply Chain Hierarchy of Needs, Supply Chain Optimization, on January 24, 2023 -
- Streamlining Operations in Preparation for the FUTURE By: Jim Gitney
Question: Does your company have an opportunity to streamline business processes and staffing?
Answer: Every company has the opportunity to streamline business processes and staffing, regardless of what the economy is doing.
In every business we have worked with over the last 20 years, …Read More
This entry was posted in Cost Takeout, Manufacturing and Distribution, Organizational Development, Value stream mapping, on December 14, 2022 - Objectively Picking The Right Manufacturing Location By: Jim GitneyIs picking the right manufacturing location purely an objective exercise or is it subjective as well? The answer is yes to both. The objective side clearly affects your P&L, while the subjective side effects the risk to your P&L. In choosing the right manufacturing location it is important to do the analysis with 4 key objectives in mind. They are as follows: …Read MoreThis entry was posted in Manufacturing and Distribution, Mexico, Supply Chain Optimization, Total Cost of Ownership, Weekend Thought, on August 11, 2022
- What is the Business Hierarchy of Needs®? By: Jim Gitney
In Group50’s early days, we were working with the model shown in the picture to the left when we were doing strategic planning work. It was simple, to the point and easy to talk about. None of our clients were totally convinced that this image told the entire story. It was missing a lot of information and only told the story of getting prepared to implement a company’s strategy. This graphic didn’t include two key elements: …Read More
This entry was posted in Business Hierarchy of Needs®, Manufacturing and Distribution, Strategy 5.0, on February 26, 2022 - Five Things You Need To Do To Drive Continuous Improvement – Introduction By: Jim Gitney
Change happens. Every business environment requires continuously changing strategies, processes, tools and skills. Implementing a Continuous Improvement program is one way a company can harness their response to change and create competitive advantage. As companies launch Continuous Improvement programs, they need to have a plan. Effective programs require the following 5 elements leading to successful and sustainable …Read More
This entry was posted in Business Hierarchy of Needs®, Business Transformation, Continuous Improvement, Driving Continuous Improvement Series, Global Initiatives, Manufacturing and Distribution, Organizational Development, Strategy 5.0, Supply Chain Optimization, Value stream mapping, on February 19, 2022
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