Most leadership teams believe they have a pretty good handle on how well the company is doing from a cost and productivity standpoint. They probably do know the people side fairly well being that it is relatively easy to measure: $Revenue/$ of labor cost or $Revenue/person is a standard measure, while time standards for all sorts of activities are very common.
Attempting to understand how efficient their business processes are is Continue reading Leveraging Technology for Your Next Wave of Productivity
Many have long considered Continuous Improvement activities mostly relevant to manufacturing and related operational functions.
However, continuing competitiveness and growth in market share is built upon a steady, progressive march forward in all areas of a business. And since a company’s Market Effectiveness activities and functions (shown below) are the most market-oriented and customer-intimate parts of a business, effective Continuous Improvement efforts are Continue reading Continuous Improvement and Its Impact on Market Effectiveness
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 affects the risk to your P&L.
Continue reading Objectively Picking The Right Manufacturing Location