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Supply Chain Management: Building Process Efficiency with Your Supplier

In order to achieve success with your outsourced manufactured goods, there must be cohesiveness between the manufacturer, Supplier, and the product developer, Customer.  This would require a recognized leader with an ability to understand the challenges representing both entities. In an ideal setting, the Project Manager (PM) would have a place at the table with […]

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Introduction to Strategy Development and Strategy Execution

Note from the Editor: This article is an excerpt from the presentation, Introduction To Strategy Development and Strategy Execution, which is available as a complimentary download.  This is a 54-slide PowerPoint presentation introducing 12 business frameworks on Strategy Development and Strategy Execution.  The full presentation is also available for preview below in this article.  For each […]

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“I’m Sure It Was Here Yesterday!” – Problems with Inventory Counts

Maybe it was the latest cycle count, the picking errors report, the reorganization of the warehouse, or the procurement staff that brought it to your attention. But you’ve got less of what you thought you had and more of what you didn’t think you had. Drives the purchasing people crazy. The first thing you do? […]

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Got the Cart before the Horse? A Discussion on Using Bar-code Technology

Remember the movie Gerry Maguire? Tom Cruise says to Rene Zellweger: “You complete me.” Well the same can be said for bar-code technology. The technology, when coupled with a credible infrastructure, makes magic.  Technology was meant to be a tool, a tool to help us make a real difference. A tool to make good things […]

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consultants

The Ultimate Reference Guide for Consultants

The majority of documents available on Flevy are produced by seasoned consultants and consulting firms. Many of these documents were produced FOR consultants, as well. Below, we have listed a number of must-have references for anyone working in management consulting–and, in particular, those who run their own boutique firms. They are roughly grouped into common […]

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Effectively Controlling Your Business’s Costs? 5 Frameworks on Cost Management

Managing and reducing costs is a critical for any organization’s survival. It’s a prerequisite for staying competitive. Below are 5 frameworks used by management consulting firms specializing in Cost Management. They cover initiatives that range from department-specific to enterprise-wide. Cost Reduction Opportunities (across Value Chain) https://flevy.com/browse/business-document/cost-reduction-204 This document identifies 45 cost reduction initiatives across the […]

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4 Must-have Process Improvement Frameworks

Process improvement is a critical part of improving operations in any organization–and in any function. By identifying those processes that are in most need of improvement, we can significantly increase the speed at which a company operates and greatly reduce its costs. Inefficient operations is a condition that affects all size companies–though, in particular, larger […]

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13 Modules to Maximize Performance Improvement and Cost Reduction

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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Achieve Operational Excellence – Gemba, Lean, Kaizen

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 […]

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Recommended Documents by Business Topic

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 […]

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Does Your Warehouse Make the Grade?

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. […]

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10 Errors That Ruin Process Documents

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 […]

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Complimentary Business Training Guides


Many companies develop robust strategies, but struggle with operationalizing their strategies into implementable steps. This presentation from flevy introduces 12 powerful business frameworks spanning both Strategy Development and Strategy Execution. [Learn more]   The BPM Digital Transformation Toolkit is a compilation of 3 whitepapers teaching you how to leverage Business Process Management (BPM) to drive Digital Transformation within your organization. [Learn more]
We've developed a very comprehensive collection of Strategy & Transformation PowerPoint templates for you to use in your own business presentations, spanning topics from Growth Strategy to Brand Development to Innovation to Customer Experience to Strategic Management. [Learn more]   We have compiled a collection of 10 Lean Six Sigma templates (Excel) and Operational Excellence guides (PowerPoint) by a multitude of LSS experts. These tools cover topics including 8 Disciplines (8D), 5 Why's, 7 Wastes, Value Stream Mapping (VSM), and DMAIC. [Learn more]
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The Flevy Business Blog (http://flevy.com/blog) is a leading source of information on business strategies, business theories, and business stories. Most articles have been contributed for management consultants and industry executives with over 20 years of experience. If you would like to contribute an article, please email our editor David Tang at [email protected].

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