“The world is a supply chain, every company has one and its backbone is technology.”
We just finished supply chain optimization projects for two middle market CPG companies. In one of the projects, we created programs that will reduce inventory by $15M and annual operating costs by $2.5M (You can read the case study here). (more…)
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. (more…)
An earlier blog talked about the building blocks for aligning and integrating IT with the business. As IT becomes increasingly intertwined with the core operations of the company it’s time to take a fresh look at traditional middle market approaches to IT related Business Continuity (BC) and Disaster Recovery (DR). (more…)
Successful enterprises across the globe have leveraged on the vast experience, in-depth knowledge and understanding of a strategic planning consultant that is capable of working with senior leadership on strategic execution: been there, done that. This effort is a cornerstone of gaining competitive advantage and thriving in highly competitive marketplaces. An effective strategic execution program facilitated by an experience strategic planning consultant helps (more…)
Every company is faced with some type of restructuring activity during its history. The restructuring process is painful and often unsuccessful. There are two basic types of restructuring: financial and operational. Financial restructurings are often a result of poor operational performance and the reality that the management team has not responded quickly enough to changing business dynamics. In this case, a wall to wall cost takeout is called for. Often, the need to restructure is a gut reaction by senior management in response to perceived weaknesses in the business. This article focuses on operational restructuring and the process for planning and successfully implementing it.
You would think that in today’s world, effective supplier management programs are well defined and utilized throughout every company. The sad fact is that we have worked with middle market companies up to $500M in annual revenues who don’t have an effective supplier management program. The smaller the company, the worse it gets despite the fact that supplier management is one of the 7 critical business processes that every company must master in order to achieve long term success. Many organizations have (more…)
Unhappy with your current DC? Expanding to a new region?Whatever your reason for wanting to open a new warehouse or distribution center, you know that the decision can’t be taken lightly… and 3PL providers don’t make it easy to do side-by-side comparisons of their services and prices. There is more to developing an analysis of the options than (more…)
Working capital, cash flow and operating profits are primary measures of senior leadership performance. Companies audit their financials every year to validate compliance and performance, but typically don’t have an audit plan for critical business processes that impact these performance measures and the customer’s perception of performance.
There are 7 critical business processes that every company must (more…)
