Supply Chain Strategy – Case Study
This entry was posted in Case Studies, Manufacturing and Distribution, Strategy 5.0, Supply Chain Hierarchy of Needs, Supply Chain Optimization, Value stream mapping, on January 24, 2023
- 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.
What are the 5 Phases of Lean Deployment?
Lean Deployment is the implementation of a prescribed set of Lean Principles throughout a business and the engagement of all stakeholders (employees, vendors, temps, contract workers, 3rd party providers and customers) in that deployment. Lean Principles are a set of guidelines and best practices for optimizing the efficiency and effectiveness of processes in business and manufacturing. …Read MoreThis entry was posted in Continuous Improvement, Strategy 5.0, Supply Chain Optimization, Value stream mapping, on January 16, 2023
Objectively Picking The Right Manufacturing Location
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 MoreThis entry was posted in Manufacturing and Distribution, Mexico, Supply Chain Optimization, Total Cost of Ownership, Weekend Thought, on August 11, 2022
Using the Supply Chain Hierarchy of Needs ™ to Plan Next Steps
The economy is troubling everyone again. It is unclear how deep the recession is going to be, but it is obvious that demand is declining and many of our clients are continuing to see supply chain issues. I expect to see another lead and lag between demand and supply over the next 8-12 months, so here we go again.
You and your team are probably trying …Read MoreThis entry was posted in Business Hierarchy of Needs®, Business Transformation, Organizational Development, Strategy 5.0, Supply Chain Hierarchy of Needs, Supply Chain Optimization, on August 11, 2022
Supply Chain Hierarchy of Needs™
Supply chains are the heart and arteries that drive a company’s strategic success. From raw materials through the full life cycle of the product or service, lean supply chains have constantly changing requirements and have been significantly challenged with the frequency of massive disruptions. The Supply Chain Hierarchy of Needs™ provides a framework for …Read MoreThis entry was posted in Business Hierarchy of Needs®, Strategy 5.0, Supply Chain Hierarchy of Needs, Supply Chain Optimization, on August 9, 2022
8 Things You Need for Recession Planning – Making the Right Choices Now
Whether we want to call this a recession or just unfortunate circumstances, I think that we can all agree that business is being disrupted yet again by external factors beyond management’s control. Interest rates are up, sales are down and inflation is above 8%. Amazon, Tesla, Wells Fargo, Coinbase, Salesforce, Meta and Netflix are a few of the more well-known companies announcing layoffs. Financial indicators …Read MoreThis entry was posted in Cost Takeout, Global Initiatives, Strategic Planning 5.0, Supply Chain Optimization, on July 8, 2022
Cost Takeout as a Strategy
There is a significant difference between Cost Reduction and Cost Takeout. All companies should have cost reduction as part of their business strategies. It only makes good sense. At one time or another, just about every C-suite and boardroom has had the discussion regarding Cost Takeout as a Strategy. Continuous Improvement and Lean Business concepts tell us that there are always ways to take out cost and those tools do a good job of reducing cost gradually. Cost takeout as a strategy is a completely different approach. The first thing is to make sure that everyone is clear on what a cost takeout strategy really is. Let’s start with what it isn’t.
It is not: …Read MoreThis entry was posted in Business Transformation, Cost Takeout, Information Technology, Strategy 5.0, Supply Chain Optimization, on March 2, 2022
Five Things You Need To Do To Drive Continuous Improvement – Introduction
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 MoreThis 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
What is a “ Brown Paper Exercise “ and What is its’ Value?
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 as part of our Value Stream Mapping process. It provides an engaging, non threatening way for …Read MoreThis entry was posted in Business Hierarchy of Needs®, Continuous Improvement, Healthcare, Manufacturing and Distribution, Organizational Development, Strategy 5.0, Supply Chain Optimization, Value stream mapping, on February 16, 2022
Industry 5.0 – IoT and Blockchain – An Application Case Study – Flight Safety Parts
A lot has happened since the creation of blockchain in 2009, including the great hype of 2014-2017, when hundreds of books were written and blockchain was continuously in the news – At that point, more of a fantasy than a practical business reality. Over the last few years, blockchain systems have matured and are going mainstream with companies now accepting cryptocurrencies for payments, issuing fungible tokens for digital assets, and notable companies such as Maersk, IBM, Walmart, and others having implemented blockchain in their supply chains. Just as the internet was in its infancy in the late 90’s, …Read MoreThis entry was posted in Blockchain IoT, Business Transformation, Case Studies, Information Technology, Manufacturing and Distribution, Strategic Execution 5.0 ™, Strategic Planning 5.0, Strategy 5.0, Supply Chain Optimization, on January 28, 2022
Strategy Realized – The Business Hierarchy of Needs
- Strategy and Its Implementation Presentation – International Association of Strategic Planners
- Manage Self – Lead Others Podcast with Nina Sunday and Jim Gitney
- Podcast: Applying the Business Hierarchy of Needs® to Increase Employee Engagement with Jim Gitney
- Podcast: How to avoid common mistakes with your business strategy, with author Jim Gitney
- The Engagement Dilemma with the Post Pandemic Workforce
- Implementing Strategy in a Post Pandemic Environment
- Turning Strategy Into Results Podcast with Jim Gitney and Diane Helbig
- Engage Employees on One Most Important Goal
- Case Study: Application of the Business Hierarchy of Needs® to Strategic Planning
- Manufacturing – Process Value Stream Case Study