Taming the Cost Dragon
(October 07, 2019)

(Sustainable Cost Reduction in good times and bad times)

In his book, “The Goal,” Shigeo Shingo emphasized cost reduction as one of the three primary goals of the firm. The other two ar... Read more

6 Trade-offs CEOs face in Managing their Supply Chain
(September 16, 2019)

With the ever-present challenge of sustaining revenue growth, making the supply chain more effective and efficient is always an opportunity to deliver business objectives. Managers, however, sometimes fall into the trap o... Read more

3 Ways to Manage Product Returns
(September 09, 2019)

Product returns are products sent back from customers for a number of reasons such as:

  • Defective/damaged goods
  • Off-season/expired merchandise
  • Excess quantity versus orderedRead more

    How to Deal with Inaccurate Forecasts
    (September 02, 2019)

    Many organizations that have implemented Enterprise Resource Planning (ERP) find themselves today wanting for supply chain improvements. While ERP may have enhanced integration among functions, Demand Forecasting, a key d... Read more

    Beyond Awarding Business based on the Lowest Price
    (July 22, 2019)

    "It is unwise to pay too much; but it is worse to pay too little. When you pay too much, you lose a little money --- that is all. When you pay too little, you sometimes lose everything, because the thing you bought was... Read more

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