Maintaining quality and brand image in a supply chain can pose a business risk if you’re a manufacturer. You have authorized dealers whose core operations you don’t fully control. In addition, you may also use brand ambassadors who help promote your company. Therefore a supply chain contract or sponsorship agreement would be best in such instances.
Continue reading “6 Essential Provisions in a Supply Chain Contract!”Category: Business Process Optimization
Introducing Lean In Retail … Start in the Backroom!
The Retail company I had just joined was undergoing a massive transformation. Fundamentally the new merchandising strategy was to curate a dramatically different set of products from that which was carried historically, but in addition to what was carried historically. What did this mean for the backroom in every store?
This meant that an enormous number of the business processes had to be transformed to support the new product set because management of the new merchandise required much different capabilities in all aspects of running a retail company. Not only did this transformation require new capabilities but it also required improvements to productivity and efficiency throughout the company. And overall this meant a need for cultural change.
I decided that I would introduce Lean process improvement techniques to this company.
Continue reading “Introducing Lean In Retail … Start in the Backroom!”Supply Chain Optimization Techniques to Achieve Your ECommerce Goals!
Supply chains are central to optimal eCommerce results. The supply chain includes everything from ordering raw materials from suppliers to ensuring products are delivered to consumers in the best condition. Needless to say, any issues in these intricate processes and lack of Supply Chain optimization leads to customer dissatisfaction and a poor reputation.
Supply chains are an intricate collection of processes. Issues in one portion of the chain will disrupt every downstream process. As a business owner, optimizing your supply chain for efficiency will reduce these issues and help you build strong customer and vendor relationships.
In short, if building a robust eCommerce business is your goal, you must optimize your supply chain.
Here are 3 ways to achieve Supply Chain optimization.
Continue reading “Supply Chain Optimization Techniques to Achieve Your ECommerce Goals!”From Click to Ship in 4 Minutes! Ultimate Principles for World Class Fulfillment!
The capability we had in E-Commerce order fulfillment was rather basic. We had employees manually pushing carts up and down standard warehouse racking aisles picking goods off of shelves. And when they had completed an order or a set of orders they would then push the entire cart back to a centralized order packing station.
As a Supply Chain Services company we needed a dramatically better capability if we were wanted to have customers trust their growing E-Commerce business with us. Pushing carts around a warehouse is both inefficient and lacks innovation.
We had to go back to the drawing board. But in doing so we would end up with a World Class solution!
Continue reading “From Click to Ship in 4 Minutes! Ultimate Principles for World Class Fulfillment!”How Near-Field Communication Technology Improves Your Business Performance!
Near-field communication technology (NFC) is an increasingly popular solution offering wireless connectivity, enabling seamless communication and data exchange between NFC-enabled tags or devices.
It’s a type of radio communication that allows for two-way interactions, wherein one device transmits an electromagnetic field to another nearby.
Continue reading “How Near-Field Communication Technology Improves Your Business Performance!”Make Your Manufacturing Business More Efficient!
Is your manufacturing business not operating to the levels you’re expecting? Are you looking for ways to increase your returns and profits? The secret lies with one dictionary word; efficiency.
Efficiency will ensure that you’ll achieve high production figures while minimizing costs. As a manufacturing company, how will you ensure you attain efficiency?
This post will discuss tips you can adopt to attain manufacturing business efficiency. Continue reading to learn more.
Continue reading “Make Your Manufacturing Business More Efficient!”Common Photocopier Problems and How to Fix Them!
There is no doubt regarding the obvious necessity of a photocopier – you just cannot do without them! Buying a photocopy machine is a big job, like it rightfully should be! As a heavily used, busy machine, it can sometimes encounter a few recurrent common photocopier problems that might take it a tad difficult.
However, the good news is, most of them can be easily resolved, sometimes in minutes, and some you can steer clear of with the help of regular maintenance. Servicing is a mandate if you want a perfectly, well-oiled machine that does its work efficiently.
It will be wise to remember that a photocopier is almost constantly in use, hence is heavily stressed and can do with all the help it can muster for seamless functioning.
Continue reading “Common Photocopier Problems and How to Fix Them!”10 Aspects Companies Should Consider to Enter European & UK Markets Successfully!
Do you have a business in America and are satisfied with its regional growth? If yes, what are your next steps? Have you considered exploring and entering the European & UK markets now and expanding your services further?
Europe and the United Kingdom have an attractive market with lots of growth potential. However, you will also require the best and most accredited translation service providers to get it right. This is why, as a US company, you should consider some of these essential factors before entering most European regions.
Continue reading “10 Aspects Companies Should Consider to Enter European & UK Markets Successfully!”The Importance of Reducing Business Waste and Its Environmental Impact!
As the world continues to grapple with the effects of climate change, businesses have an important role to play in reducing their environmental footprint. One of the key ways to do this is by reducing business waste. From paper to plastic to food waste, businesses generate a staggering amount of waste every year.
Not only does this have a negative impact on the environment, but it can also be a drain on resources, profits, and reputation. Going green is more than just a buzzword today; it’s a necessary step for businesses if they want to remain competitive and sustainable in the long term.
In this article, we’ll explore the importance of reducing business waste and its environmental impact, as well as provide practical tips for businesses looking to go green.
Continue reading “The Importance of Reducing Business Waste and Its Environmental Impact!”Discover the Crucial Significance of Project Management: Top 6 Reasons Unveiled!
From small-scale initiatives to large-scale endeavors, project management provides a structured framework that allows organizations to achieve their goals efficiently and effectively. Therefore, getting a pmp course is a great way to gain a competitive edge in today’s job market.
This article will explore the crucial significance of project management and why it is essential for businesses.
Continue reading “Discover the Crucial Significance of Project Management: Top 6 Reasons Unveiled!”5 Career Paths You Can Pursue with a Business Analytics Degree!
In today’s ever-changing and dynamic corporate landscape, businesses heavily rely on information to foster expansion, streamline processes, and gain an edge over competitors. Therefore, there is a significant surge in demand for skilled professionals well-versed in the realm of business analytics, hence, creating many financially rewarding job prospects.
As per the Bureau of Labor Statistics (BLS), the employment of professionals specializing in management analysis, including business analysts, is anticipated to witness an impressive growth rate of 11 percent between 2021 and 2031.
This notable growth is primarily attributed to organizations’ escalating requirements to enhance efficiency and increase profitability through data-centric decision-making.
Continue reading “5 Career Paths You Can Pursue with a Business Analytics Degree!”Future of Energy for Manufacturing!
Today manufacturers must continually look for waste reduction, process improvement and supply chain efficiency to meet competitive pressures and their customers’ cost reduction requirements for the future of energy. Programs such as Lean have become a popular means to develop a culture of simplification and constant improvement.
Although Lean principles provide an excellent basis for managing energy costs, such costs are often left out of an efficiency drive…
Why is that?
Continue reading “Future of Energy for Manufacturing!”The Supply Chain Detective™ and the Mystery of the S&OP Phantoms!
The company had no formal S&OP (Sales and Operations Planning), or SIOP (Sales, Inventory and Operations Planning) process. The ability to forecast or track performance was sporadic and haphazard.
The CEO had mandated the implementation of a new S&OP process. An expert in S&OP implementation and operation had been hired to get this process in place.
But month after month the progress in getting a S&OP process in place was reported as either slow or stalled. Yet everyone on the Executive team voiced their support for S&OP. Still nothing happened.
What was really going on? What phantom was getting in the way of forward progress on getting S&OP in place?
This was another case for The Supply Chain Detective™.
Continue reading “The Supply Chain Detective™ and the Mystery of the S&OP Phantoms!”To Infinity and Beyond! Ultimate Principles for Creating a World Class Team!
The Supply Chain team was generally viewed as lacking in skill and capability by those outside the organization. Customers and other internal functions viewed Supply Chain as a dysfunctional organization as evidenced by the poor Supply Chain performance metrics. And external benchmarking placed our Supply Chain last amongst our competitors. Going to infinity and beyond was a tall task to say the least.
Inside the Supply Chain organization there were a lot of very smart people. But there was no trust, teamwork or synergy. The culture was one more of complacency than of trend setting. And there was a lack of inspired leadership.
Something had to change!
Continue reading “To Infinity and Beyond! Ultimate Principles for Creating a World Class Team!”Use Technology to Simply These 7 Business Aspects!
In today’s fast-paced business environment, technology is no longer just a luxury; it’s a necessity. Leveraging the right tools and platforms can streamline your operations, enhance productivity, and provide a competitive edge.
Here are seven business aspects that technology can help simplify:
Continue reading “Use Technology to Simply These 7 Business Aspects!”