1. Identified $4.9M in process improvement savings, a 17% productivity improvement
2. Increased throughput between 25 and 100%
3. Increased First Pass Yields between 15 and 60%
4. Redesigned multiple workstations and processes (more…)

Lean Supply Chains, while still important are not robust enough to meet the needs of today’s global supply chain requirements. Jim Gitney, the CEO of Group50 Consulting, discusses new requirements and methods for Lean Supply Chain Management and introduces the Supply Chain Hierarchy of Needs ™ as a guide to implementing Lean and Agile supply chain (more…)

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 effects the risk to your P&L. In choosing the right manufacturing location it is important to do the analysis with 4 key objectives in mind. They are as follows: (more…)

The implications of Industry 5.0 and the Internet of Everything ( IoE ) are not fully understood by leadership teams.  How to get there is a larger challenge.  It needs to be a strategic discussion in the board room and in the C-Suite.  Its impact, while seemingly obvious is not! Technology (more…)

In managing your way through 2020 it is imperative that you and your leadership team carefully plan the balance of the year. In this video presentation by Jim Gitney, the CEO of Group50 Consulting, who has been through 7 economic cycles during his career talks about a 3-phase approach to the balance of 2020.  (more…)

Over the last 2 years, the hype around blockchain has cooled down significantly and IoT continues to penetrate everything we do. Our use case research has found over 400 significant business implementations in just about every industry and it is expected that the 12 billion IoT devices in 2020 will grow to 25 billion by 2025. The World Economic Form believes that Blockchain and IoT has the potential to reduce cost in global GDP by $3-5 trillion over the next 6 years. I believe that number is understated.

 So, why should you care? (more…)

Group50’s CEO, Jim Gitney, was recently asked by an executive about how he should manage the division he just took over as its president.  Jim told him “Manage it like you are going to sell it – maximize value creation”.   The executive gave a strange look and asked why that mattered. (more…)

The phrase “Internet of Things (IoT)” or “Internet of Everything (IoE)” and its application to manufacturing and distribution does not bring to mind a concrete set of images or business approach to most senior executives.  In fact, the opposite is true, (more…)

• Reduce working capital by approximately $15M
• Lower yearly costs by nearly $2.5M
• Reduce lead times from forecast to delivery to 70-110 days putting them in the top quartile of their customer’s vendors.

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The Washington Post published an article about the outbreak of E. coli in lettuce on April 20^th that stated: “Although the exact source hasn’t been identified, federal health officials have said information indicates that the contaminated lettuce was grown in (more…)