Operations Payoff

Rick's Blog - your source for news and insights into Operations and Supply Chain Management.

One of the benefits of key performance measures (KPMs) is that they help you and your team focus on results rather than activities, and prevent … Continue reading

I subscribe to the theory of, “Only the paranoid survive.” Put forth by former Intel CEO Andrew Grove in his 1996 book, Only the Paranoid … Continue reading

Recently a company asked for my help in solving a mystery. Their revenue was growing but their profitability had declined over the past couple of … Continue reading

Over the years I’ve helped many clients develop and implement innovative operations and supply chain strategy. One thing seems to make all the difference in … Continue reading

Recently I had the opportunity to fish for rainbow trout for three days on the Grande Ronde River in northeastern Oregon. The Grande Ronde, a … Continue reading

Many companies begin performance improvement initiatives with 5S, a Lean tool that involves workplace organization. 5S reduces clutter in offices, warehouses and manufacturing floors and … Continue reading

Last year I sent out a Growth Accelerator newsletter about why it’s essential to keep growing your business, especially when things are going well: I … Continue reading

Recently on a morning show on TV the commentator brought up the dangers of texting and driving and mentioned that he often tells his children … Continue reading

I was talking to a friend who is a retired senior partner in a very successful advertising agency. We were discussing what drives profit and … Continue reading

As supply chains become more global and the focus increases on JIT to boost speed and profitability, risk management becomes a key topic for supply … Continue reading