Would you go on a trip to see the world without planning your flights, where you were going to stay, and what sites you were going to visit? For most, the answer to this question is obvious. In business strategic plans are comparable to a trip itinerary. Yet many companies from small to large do …
Why Strategic Planning Should Not Just Be An Annual Exercise Read More »
Do you ask this question? Many companies, small and large, do ask themselves this question and in my opinion, many times end up with the wrong answer. An ERP system is a tool used to enable your business to meet your own internal process needs as well as satisfy your customers’ requirements. When making your …
Do I need a big ERP system or will a smaller one do? Read More »
When given the directive to implement Lean Manufacturing, many businesses simply don’t know where to start. Small businesses, in particular, find themselves in this quandary. Let me try to answer this perplexing question in this blog. Firstly, if you are a small business and are borderline profitable, you need to focus on actions that will …
Lean Manufacturing is an oft used term in today’s global business world. It came out of the “Toyota Production System” and evolved from there. However, it is my view that this is now an outdated term for a process that we should describe as Operation Optimization. I believe that the “lean tools” are just that, …
Low-cost country sourcing is another oft used term in the global business world for outsourcing product to China, India, Africa, Mexico, or other countries. To determine if it is really a good decision for your business to source in low-cost countries, there should be many considerations beforehand. Something to consider would be the amount of …
Is Low-Cost Country Sourcing Right for Your Business Read More »
