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

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:

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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.

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1. Identified $4.9M in process improvement savings, a 17% productivity improvement
2. Increased throughput between 25 and 100%
3. Increased First Pass Yields between 15 and 60%
4. Redesigned multiple workstations and processes …Read More

1. 1. Identified large growth opportunity in a downward market.
   2. Market study on how to differentiate in the market through supply chain.
   3. New business and supply chain strategies.
   4. Defined strategies for leveraging installed base.

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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

Is 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 More

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

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

At Group50®, we have brought back to life an old form of Value Stream Mapping called the Brown Paper Exercise. Long before computers were invented, the only way to do Value Stream Mapping was on paper.  Utilizing paper allows you to be produce maps that are not limited to the size of a computer monitor or projection screen. It is interactive, fun and can be done via a hybrid model of in-person and virtual. 

Group50’s Brown Paper Exercise is an important tool that we use every day in process reengineering. It is part of our Value Stream Mapping process.  It provides an engaging, non-threatening way for …Read More