Business Process Optimization Archives - Page 6 of 12

How to Establish Your Company in a New Area!

What Does Expansion Mean for Your Changing Business?

One of the challenges of running a successful business is to keep it growing. A stagnant business is a dying business. You need to keep at the cutting edge of innovation, which means constantly looking for new ways to grow and improve your business.

For example, it might be a good idea to establish a branch of your company in a new area. This opens up another box of complications and challenges to overcome, but it’s often worth it.

But why is expanding to a new area such a good idea, and how can you ensure success for your company?

4 Areas to Target When Streamlining Your Operations!

5 Ways to Boost Productivity!

Trying to figure out where your business could improve isn’t always as easy as you would think. Being firmly locked into your own perspective makes it unclear which aspects are thriving and where you need to be streamlining your operations through reworking them.

You can remedy this by incorporating the voices heard via customer feedback, or looking at your business analytics, but while these might be able to identify specific weak spots, they might not as clearly illuminate areas that need streamlining.

Best Ways to Optimize Factory Floor Operations!

Manufacturing Toolbox for Next Level Productivity

Factory floor operations are diverse and vary hugely in size. Most factories have unique outputs that take an idea, make it, and get it out to consumers. It is on the factory floor where several operations take place to ensure the efficient production of goods.

Many people work on the factory floor, and there are many steps on any given production line; this being so, a high level of efficiency is needed in order to ensure that the production line runs smoothly. Managers are always looking for ways to optimize operations, prevent delays, and ensure their staff are well trained.

This blog will give those in charge of factory floor operations some tips to maximize their workflow, help reduce waste, and improve efficiency.

Struggling with Process Ownership? Is it a Failure to Communicate?

Never Automate a Bad Process!

Does your business struggle with process ownership? Are your process improvements not “sticking”? The failure of an organization to have in place well-functioning process owners is a common occurrence these days.

The root causes (if anyone cares to do a full postmortem) are numerous. We’ve heard it all before; “the organizational structure won’t allow for it”, “incentives are misaligned”, “leaders don’t understand what it takes to be a process owner” etc. I’m sure we can all relate to some or all of these statements.

How to Improve Your Supply Chain Efficiency!

Valuable Ways to Improve Supply Chain Efficiency!

With the current rate of inflation in the UK rising exponentially, conserving time and resources is more important than ever before. Whether you’re only just starting out in your industry or you’ve been working in your industry for years, it’s always useful to know how to improve, refine, and enhance your supply chain efficiency to better serve your business.

How to Streamline Logistics!

Featuring Our Top 16 Articles on Freight and Logistics!

Looking to streamline logistics? This is something that many organizations are looking to do right now, especially those that have experienced supply chain issues.

Supply chains have been heavily disrupted ever since the pandemic, and this is creating many difficult challenges for businesses. Fortunately, there are a few steps that you can take to streamline logistics that should facilitate the smooth flow of goods and materials and increase efficiency. You might also find that some of these steps help to lower your costs too.

Interested?

Keep reading to discover how you can streamline logistics for your business.

Inventory Turnover Breakthrough … Go Back To The Basics!

Do You Want Inventory Turnover Breakthrough? Define and Manage The Levers!

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I had accepted a career changing challenge … how to change the company’s Inventory Turnover performance from being perennially worst in the Industry to being one of the best. And I had to do it all within 1 year!

I had seen many very smart people tackle this problem over the years. Yet they all seemed to come up short. Sure they improved some aspect of Inventory levels or turnover but in aggregate these all seemed to amount to incremental, step function changes. We needed game changing results! We needed a game changing approach! And we needed it now!

Integrating ERP with TMS and WMS in Logistics!

7 Key Phases of an ERP Implementation!

An ERP (Enterprise Resource Planning) system is the central element of almost every business today. Sometimes referred to as the “Accounting ERP”, these systems are necessary and integrating ERP is often even mandated by law, no matter how large or small the business is.

However, the ERP functionality is rarely enough to cover all the aspects of a full-fledged transportation management business. That is why logistics companies often look for some additional solutions with broader functionality.

In this article we talk about the integration of the ERP software in logistics and custom integrating it with the transportation management systems (TMS).

Key Areas Where Your Business Could Use Professional Help!

5 Reasons to Choose Professional QA Staffing Services!

Every business is doing their very best to tighten their belts right now. It has become impossible to ignore the headlines about the rising cost of living, the supply chain issues, and the unpredictable markets without professional help.

Even as the British government announces plans to help consumers and business through these difficult times, it would be deeply unwise to simply assume that everything is going to be fine.

If you own a business, you are going to be worrying about how you can continue to grow without spending any more than you absolutely have to.

Shiny New Technology or Back to the Basics? What is Your Strategy?

Imagining the Supply Chain of the Future!

We hear about all of this cool and exciting new technology every day. Blockchain, Artificial Intelligence, Drones and Autonomous Vehicles, Virtual Reality and Augmented Reality, Big Data and more.

As such it’s easy to become enamoured with the prospects of implementing these brand new technologies in your company.

But for many companies they are struggling each and every day just to get the basics right. Ensuring deliveries are on time, making sure purchase orders are placed, changed, and acknowledged, keeping track of and reducing inventory levels, managing forecasts and forecast accuracy, and training and retaining resources are just a few of the basics that companies are working vigilantly to address every hour of every day.

Given pressures to reduce costs, improve productivity, increase competitiveness and increase asset velocity what should your strategic focus be?

Shiny new technology or boring old basics?

Cutting Edge Technologies to Enhance the Scalability of Your Business!

What is a Digital Transformation?

In the fast-paced and highly competitive commercial landscape of today, the harsh reality is that your enterprise needs to scale up rapidly if it is to sustain itself in the long term. However, with expansion comes a host of new challenges for your company.

With data management, cyber security, and change management issues to contend with, achieving your organizational goals is reliant upon your resourcefulness and ability to leverage the right solutions to overcome the hurdles of modern business.

In this article, we will discuss three technologies that can provide those solutions, and explore how they can empower your business to achieve greater scalability.

Never Automate a Bad Process!

A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain!

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When I was presenting the latest Supply Chain Strategic Plan the CEO said to me, “We’ve already spent millions on Supply Chain! Every process should be working like clockwork. Why do you need more money?”

It was true, to a degree. While I had only recently joined the company it was true that the company was investing over $10 million to upgrade and automate their Distribution Center operations.

My predecessor had spearheaded this investment. The current Distribution Center operations were unable to handle the growth, the change in product mix, and the dynamics associated with rapid fulfillment and online shopping.

But there were some fatal flaws which were at the core of their investment plan. Most significantly they failed to optimize the process first.

As a result they were spending millions of dollars automating a bad process.

How to Avoid Supply Chain Bottlenecks!

Breaking your Supply Chain Traffic Jam!

It’s easy to visualize your supply chain as a river, flowing from one point to another. Along the way, it can branch out into various tributaries and meet various bottlenecks — but like running water, any item in the supply chain will find its way to its destination eventually.

Yet just as a dam can hold back the flow and slow it down, your processes can be encumbered by bottlenecks.

There are many reasons why a bottleneck may develop in your logistics, but the effects it can have are all negative. If left unaddressed, they can cause delays, hurt productivity and waste resources.

None of these is good for your business’s bottom line, which means it’s crucial to know what causes them and how to address them.

The B2B Services That You Need!

A Complete Guide to Business Process Outsourcing!

B2B services are incredibly important to your business if you want it to thrive, and finding the best of these as soon as you can ensures that you always have another business to rely on when you need it.

As a business owner, you understand the importance of finding reliable and efficient solutions to help your company grow. That’s where B2B solutions come in. Whether you need marketing services, IT support, or financial advice, B2B services offer tailored solutions to meet your specific business needs. By partnering with these expert providers, you can focus on what you do best while leaving the rest to professionals.

As such, here are some of the B2B services that you may need to start using and why you should use them.

Maximizing Field Facility Efficiency: Strategies for Optimization!

What Gets Measured Is What Gets Done!

Efficiency matters. In competitive, fast-paced industries like yours, even small improvements to facility operations can have an outsized impact on the bottom line. More output with lower costs—that is the promise of optimization.

Getting there requires marshalling resources, talent, and technology in service of greater productivity and sustainability across field locations. When approached strategically and holistically, optimization efforts compound over time to yield a formidable competitive edge.

This article provides ideas and recommended practices to maximize the efficiency of your field facility. Read on for the insight.