We are seeing business just beginning to ramp up. As said in our eBook, Future-Proofing Manufacturing & Supply Chain Post COVID-19, this is not an on/off switch. We should turn the dial carefully (as quickly as possible while accounting for the end-to-end supply chain). Every situation is different. Yet, [...]
Inventory has emerged as a hot topic lately. In today’s Amazon-impacted business environment, customers expect rapid, customized deliveries, the ability to change their mind anytime and easy interactions.
As we toured several e-commerce facilities such as UPS and Amazon, it became obvious that the sheer volume during peak season presents a huge dilemma. For example, UPS goes from 250-300 containers per night to 450 during peak season. Now that is quite a surge! Amazon has similar surges and stated facts such as 68 million orders on Cyber Monday.
In thinking about the answer to the question, "What if you sell more?", most sales people would cheer. Most accountants would add up the additional revenue and profit. And, often, the Operations resources would be glad the leaders are in a good mood. But does anyone know if we are set up to successfully handle the increased sales if they occur?
When we look back over the last 13 years of consulting with closely-held building products manufacturers to medium, private-equity backed food and beverage firms to large aerospace corporations, every single client has one goal in common – achieving scalable, profitable growth. It sounds somewhat easy but is far from simple in reality.
Keep innovation and future disruptors top of mind.
In the last week, not only have there been several articles about the positive strides manufacturing is making but it also has come up in several presentations we've attended such as the economic forecast. Here is a compilation of just a few of the HOT topics and trends.
Factories across the globe are showing signs of strain in keeping up with demand. China, Germany, France, Canada, the UK and the US all show that capacity might not be keeping up with supply.
Growth is a hot topic. Regardless of your industry, if your company isn't growing, it is dying.
