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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 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 -
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 More
This 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 -
Leveraging the Paycheck Protection Act – Team Based Process Re-engineering
In the next few weeks, companies with under 500 employees will start receiving payments from the Paycheck Protection Act and all companies will continue to make important decisions on how to structure themselves to deal with the current downturn and prepare themselves for the future (Here is one view of the future …Read More
This entry was posted in Business Transformation, Cost Takeout, Manufacturing and Distribution, Organizational Development, Strategy 5.0, Supply Chain Optimization, Value stream mapping, on April 13, 2020 -
The Impact of Value Stream Mapping: Organizations and Processes
The most successful way to look at unneeded business processes and their costs to the business is through a Value Stream Mapping (VSM) project. VSM provides a clear view of how various business processes are related to each other and assesses the need for those processes and how efficient they really are.
This entry was posted in Business Hierarchy of Needs, Continuous Improvement, Manufacturing and Distribution, Organizational Development, Strategy 5.0, Supply Chain Optimization, Value stream mapping, on March 4, 2020 -
Case Study in Sales, Inventory, Operations Planning (SIOP) Process Improvement
Situation Analysis
A $400M per year consumer products company was experiencing problems with their Sales, Inventory, Operations Planning ( SIOP or S&OP ) process. Lead times for product were excessive and the supply chain wasn’t responsive enough to serve the needs of its markets. Inventory had swelled 25% to over $70M. This was due to their business processes not being able to …Read More
This entry was posted in Case Studies, Manufacturing and Distribution, Supply Chain Optimization, Value stream mapping, on May 6, 2019 -
12 Purchasing Best Practices
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 More
This entry was posted in Continuous Improvement, Manufacturing and Distribution, Supply Chain Optimization, Value stream mapping, on April 14, 2019 -
Group50® Recaps 2018, Announces Addition of Lara Abrams to the Group50 Team
February 11, 2019 – (Upland, CA) – Group50, a privately-held, full-service supply chain consultancy founded in 2004 is pleased to recap its 2018 results and announce the addition of Lara Abrams to its team of executives. …Read More
This entry was posted in News, Value stream mapping, on February 11, 2019 -
The Need for Technology Succession Planning
Most organizations do Leadership Succession Planning at some level of effectiveness. Very little has been written about the need for incorporating technology succession planning and while technology leadership is part of the standard succession planning model, little is done about succession planning and skills development for subject matter experts, their supporting teams and successive upgrades and new technologies. Teams …Read More
This entry was posted in Business Transformation, Information Technology, Organizational Development, Strategy 5.0, Supply Chain Optimization, Talent Management, Value stream mapping, on February 10, 2019 -
What is Kaizen ?
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 More
This entry was posted in Continuous Improvement, Value stream mapping, on January 29, 2019 -
Increasing Enterprise Value by Mitigating Multiple Risk
I was recently asked by an executive about how he should manage the division he just took over as its president. I told him to “Manage it like you are going to sell it – Optimize enterprise value and mitigate multiple risk”. The executive gave a strange look and asked why that mattered.
Many leaders think that their only measure of success is the P&L–the amount of operating profit the company generated. Those who believe that are missing …Read More
This entry was posted in Business Transformation, Strategy 5.0, Value stream mapping, on June 6, 2018
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