Lance Latham is an executive with expertise in Operations Management and Process Improvement. Regardless of company size or business arena, Lance consistently demonstrated that the same management methods that raise output quality, increase productivity and efficiency, and drive down operational costs in one environment are equally effective when applied in another. He’s a developed a […]
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Operational Excellence is an element of organizational leadership that stresses the application of a variety of principles, systems, and tools toward the sustainable improvement of key performance metrics. Much of this management philosophy is based on earlier continuous improvement methodologies, such as Gemba Walk, Lean Manufacturing, and Kaizen. The focus of Operational Excellence goes beyond […]
UPDATE: This article will no longer be updated. All updates are now being made directly to our Business Toolkits section. Due to the rapid growth of our documents library, we have developed a less manual way of organizing our documents. We have organized documents into Business Toolkits, where each toolkit is focused on a specific business project […]
When reviewing your operational performance, grade yourself on how your business rates in the following best practice areas: 1. Receiving Does the receiving clerk keep a receiving log, indicating dock activity for each shipment by date? This log can prove valuable for reference purposes by purchasing, accounting, and in filing claims with carriers and suppliers. […]
Process documents are a necessary part of employee training. They help your entry-level employees learn how to get from A to B in your workflow system, and introduce them to your task and software basics. For any type of complex procedure or management systems, process documents are a must. However, this doesn’t mean they’re always […]
The speed and efficiency with which your supply chain moves can make or break your company. Inefficiencies add up, costing money unnecessarily. In today’s cutthroat business environment, with consumers focused on value and speed, only the most efficient companies thrive. Many companies find that working with a third party logistics (3PL) provider helps them operate […]
Business Continuity Planning (BCP), sometimes also called Business Continuity and Resiliency Planning (BCRP), helps a company continue operations under adverse conditions, such as a disaster striking and shutting down the company’s headquarters. It does this by identifying the core underlying processes of the organization that directly affect its bottom line and finding alternate or back-up […]
The first two decades of the 21st century has brought upon all of us an array of very perplexed issues and problems which are, by their own nature, very difficult to manage and resolve to any level of satisfaction: Continuing world financial crises; New technical and scientific developments; Starvation of over 1 billion people across […]
What is a QR code? The textbook definition of a QR Code is a two-dimensional bar code created by Japanese corporation Denso-Wave in 1994. The “QR” is derived from “Quick Response.” A type of Matrix or Two Dimensional bar-code. Rather than use a linear or laser type reader you use an imager –like the camera […]
According to Wikipedia, “A chief content officer (CCO) is a corporate executive responsible for the digital media creation and multi-channel publication of the organization’s content (text, video, audio, animation, etc.) and is generally the highest ranking creative member of the organization. The Chief Content Officer is responsible for developing the organization’s content strategy, choosing content […]
So you have started to set up your own business. You know what you want to supply. You know who you want to supply it to. Great. Now, how the heck do you do it without burning wads of (hard to come across) cash? Supply chain and efficient business go hand in hand and have […]
Project management is not easy. Keeping track of deadlines, status, risks, issues, and competing priorities is not piece of cake. There are hundreds of articles and management gurus out there with tips and advice on effective project management. However, few (that I have seen) provide tools to put the ideas they provide into action. While […]
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