Why Financial Acumen is Relevant to Operations
Finding Efficiency
Published in Global Trade Magazine on Dec. 14th, 2015 Identifying best practices for company types and cultures is key, according to Lisa Anderson, say Lisa Anderson, President of LMA Consulting Group, Claremont, CA. "Collaboration with customers and suppliers is typically a best practice that can help reduce inventory levels," [...]
Benchmarking for Success
You won’t know what heights your company can reach until you figure out where you stand among industry peers. How do you know whether you are reaching your company's potential? Is $2 million dollars profit good? Well, it sounds good..... However, the key is really in comparison to what [...]
Keys to Plant Management Success
To succeed in today's environment, it is no longer desirable to have a world class operation focused on providing a value add while maximizing resources; it is a requirement. Today's global business climate is becoming more competitive. It is tough to stand out in the crowd, and it is [...]
Supply Chain Fundamentals Accelerate Performance
I just finished speaking at 6 Packed Supply Chain Conference in Dallas, Texas, and it was obvious that supply chain fundamentals remain in style. I presented on two topics – “Best Practices of Inventory Management” and “Leveraging Social Networks to Improve Operations”. There was standing room only for “Best [...]