Operations Payoff

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

Often considered to be the domain of the CFO, cash flow can be impacted by more than just finance and accounting. Sales, operations, supply chain … Continue reading

One of the keystones of Lean (back when it was called World Class Manufacturing) was The Customer Defines Quality. Simply put, if you want to … Continue reading

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

Most companies measure their progress in numbers – revenue growth, profit growth, EBITDA, shipped on time, market share and so on, but actually, some of … Continue reading

Consolidating the supplier base can result in dramatic cost reduction. In Rick’s Materials Management Manifesto, the sixth element is, Too Many Suppliers Spoil the Soup. … Continue reading

Many companies start Continuous Improvement initiatives with 5S, workplace organization. This reduces clutter in offices, warehouses and manufacturing floors and creates quick, visible improvements to … Continue reading

How do you respond when there is a sudden, unexpected shift in either your customer base or supplier base? Recently Prime Minister May of Great … Continue reading

Earlier this week I sent out a Growth Accelerator newsletter about why it’s essential to keep evolving and growing your business, especially when things are … Continue reading

Recently I was fishing with a friend who is CFO of a significant ski industry company. He mentioned he’d been looking at their retail operations … Continue reading

A buyer’s primary job is to buy, right? Many companies require that buyers or purchasers simply execute purchase orders; assemble, issue and score RFQs; and … Continue reading