The Internet of Everything ( IoE ) is a concept that everyone in leadership needs to understand and appreciate. It needs to be a strategic discussion in the board room and in the C-Suite. Its impact, while seemingly obvious is not! Technology Continue reading The Internet of Everything ( IoE ) in Manufacturing
The Internet of Everything: 8.4 billion and $2 trillion! Those are the estimated number of connected ‘things’ on the internet and the amount spent on these devices and services by the end of 2017, according to a Gartner study. The number of connected things is expected to Continue reading Four steps to the Internet of Everything ( IoE )
Mexico’s legal system is a result of the 1910 revolution and the subsequent promulgation of its Federal Constitution on February 5, 1917. Although historically influenced by the legal systems of Spain, France, and the United States, Mexico has been able to structure and maintain a distinct legal system that incorporates truly unique Mexican components. Mexico’s legal system is a civil law system but not as it exists in other civil law countries.
Patterned after the United States, Continue reading Doing Business in Mexico: Mexico’s Legal System
In an article I wrote about writing your company’s chapter on 2016, I asked if your view was optimistic or pessimistic. The first couple of weeks of 2016 should have reigned in all of the optimists, unless you are one of the lucky few who have a business that is absolutely bullet proof, or you have completely forgotten what an economic downturn is like.It is already here. All of the companies and countries whose fortunes are tied to oil have cut back their capital spending by as much as 80%. In the United States alone, that amounts to over $90 billion in reduced spending in 2015 and the worst isn’t over. Middle Eastern companies have reduced their spending by similar amounts. Not included in that is Continue reading Preparing for an Economic Downturn
As one of the fastest growing distribution companies in the USA, this case study provides insight on how Cascade can be used to streamline multiple business processes and engage their people in the implementation of their strategies.
“Cascade delivers everything we need in a strategy tool, right through to individual performance management. The pricing was many times more competitive than any other system we assessed.”
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.
Yankee Hall of Fame catcher Yogi Berra once said, “If you don’t know where you’re going, you’ll wind up somewhere else.” A business interpretation: strategy needs to guide your efforts and your company’s Strategic Execution™– how effectively you implement your strategy — distinguishes whether you’ll win or be an also-ran. One of the ways effective businesses stay on course is understanding in detail where they have been, what successes they have had in execution and where they have come up short. All too often companies Continue reading What Does Yogi Berra Know About Strategic Execution?
EL PASO, Texas, April 28, 2014 /NEWS – The Tecma Group of companies recently recorded a podcast with the Los Angeles-based CEO of Group 50 Consulting, Jim Gitney, regarding the growing interest in the global manufacturing trends of total cost of ownership and nearshoring. During the approximately thirty minute session, Gitney explains how the industrial site selection process is no longer an exercise in chasing low manufacturing wages around the globe in order to determine which country, or countries to produce goods in. He asserts Continue reading Tecma Talk Podcast Focuses on Total Cost of Ownership and Other Global Manufacturing Trends
Recently, we have completed some work for a client on the “total cost of ownership differences” in 89 countries. Our results indicated that Mexico is more cost effective than China is in many industries. Surprising results? Learn more in this TECMA podcast on Mexico vs. China manufacturing with Jim Gitney, the CEO of Group50.
If you prefer reading a transcript of the interview, you can Continue reading Cost effective Manufacturing: Mexico vs. China
The Tecma Group of companies recently recorded a podcast with the Los Angeles-based president and CEO of Group 50 consulting, Jim Gitney, regarding current global manufacturing trends, such as Total Cost of Ownership, the growing interest in the concepts of “total cost of ownership” and “nearshoring.”
During the approximately thirty minute session, Gitney, explains how Continue reading Total Cost of Ownership For Manufacturing and Distribution