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 Continue reading Case Study in Sales, Inventory, Operations Planning (SIOP) Process Improvement
Here are some facts to consider when deciding to add the Brown Paper Exercise to a Value Stream Mapping Project:
Continue reading What is a “ Brown Paper Exercise “ and What is its’ Value?
In an earlier blog we saw that a well-crafted IT transformation strategy (a.k.a. cost takeout strategy) is so much more than a once and done cost reduction exercise. A cost takeout strategy orchestrates Continue reading IT Transformation For A Leaner, More Nimble Business
Cost Takeout has been heard at one time or another in every C-Suite and boardroom. The primary objective of every leadership team is to take out cost. We live in a world where everything can be done at lower cost. With that in mind, how does a leadership team develop a cost takeout strategy? The first thing is to make sure everyone is clear on what a cost takeout strategy really is. Let’s start with what it isn’t.
It is not: Continue reading Cost Takeout as a Strategy
Everyone has been through “Cost Savings Programs” and “Cost Reduction Programs”, but what is the Organizational impact of a true Cost Takeout process?
Key descriptors for cost reduction programs include total Continue reading Change Management in a Cost Takeout Environment