Operations Payoff

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

Most people think of good processes leading to increased profitability, reducing waste, improving service levels and more, but did you ever consider that great processes … Continue reading

Companies spend a lot of time looking for good people. Don’t ignore the ones that are already on the team…you may lose them before you … 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

Teams are a key element of continuous improvement. A team is a group of people linked in a common purpose. This is different from a … Continue reading

Alaska Communications (ACS) dramatically cut warehouse costs and increased service to its construction contractor customers by having the contractors actually run the company’s warehouses. ACS … Continue reading

The ROT (return on time) is often much greater than the ROI (return on investment) when it comes to hiring and improvement initiatives. Many companies … Continue reading

Well-managed capacity is the engine for growth and profit improvement, and it’s often much higher than executives think. Many growing companies can increase their capacity … Continue reading

According to an article in Industry Week, The Boston Consulting Group estimates that use of robots will increase by 10% a year in the top … Continue reading

The US reliance on offshore supply is growing faster than the move toward reshoring. A recent article in the Wall Street Journal suggests, based on … Continue reading

There’s a political debate going on over whether an increase in the minimum wage will improve the incomes of lower wage families. Politicos want to raise … Continue reading