Operations Payoff

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

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

A good banker has your best interests at heart and can be a key advisor to your business. Not only do commercial lenders provide lines … Continue reading

Who in the organization drives the cash-to-cash cycle? Most company managers assume the CFO is managing cash, so they don’t think much about it. But … Continue reading

I recall a conversation I had with a CEO client about the fact that his company had more inventory than it needed. He looked at … Continue reading

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

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

I’m currently working with a client on a profit improvement project. I asked the following questions: How much overtime is worked in production? How much … Continue reading

Jack Welch once said the best measure of productivity is units of input per unit of output. Some companies will have $18 of revenue per … Continue reading

To raise profits, many companies turn to across the board price increases. They analyze the business’s performance, decide that profits aren’t high enough, and then … Continue reading

To raise profits, many companies turn to across-the-board price increases. They analyze the business’s performance, decide that profits aren’t high enough, and then implement a … Continue reading