Operations Payoff

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

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

One of the four Dimensions of Executive Thought involves the use of human resources. Executives should consider whether they have the right people doing the … Continue reading

To dramatically increase a company’s value, you can’t just think outside the box, you have to destroy the box. Many executives have (intentionally or not) … 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

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

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

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