Recent Blog Posts
- Duke University & CFO Global Outlook Survey Suggests Optimism - According to CFO, Duke University and CFO Global Business Outlook Survey suggests strong optimism! In fact, the survey’s optimism index for the quarter jumped to 69 (on a 100-point scale) which is the highest level in 14 years. This is also significantly higher than the long-run average of 60. Businesses are optimistic. 61% plan to increase their payrolls
- Do You Know What Is Important in Selecting the Right System? - ERP systems often fail to live up to their promise — even in the best of circumstances. It is a tough environment — software suppliers are consolidating, the smaller ones can disappear or get gobbled up in a moment’s notice, good resources are hard to find, and the list goes on. Yet there is no
- 5S Plus 2 - Many folks are familiar with the lean principle of 5S where the bottom line is: “Everything has a place and everything is in its place.” These steps originated in Japan as part of the journey towards a visual workplace. Translated they are Sort, Set in Order, Shine, Standardize and Sustain. A quick explanation of these would be: 1. Get rid of what you don’t need and keep what you do 2. Now you know what you have so organize it 3. Clean and inspect it so it works when you need it 4. Evaluate and improve, stay consistent where it makes sense to 5. Keep it up because it works. 5S is a proven methodology of creating and maintaining an efficient and effective work space. Over the years, we have evolved, the world has changed and we follow a continuous improvement way of life. In regards to 5S, we’ve added two more…
- Professionalism - In a recent strategy meeting of our local APICS chapter, we stated our primary Mission as: “We Develop Professionals”. APICS is an international professional society that has become a recognized source for education and certification of Supply Chain and Operations Management professionals. As a chapter, we hold “professional development meetings”, provide “professional” training courses, seminars, and workshops, and offer “professional support” for our student chapter. Often we hear people say “he or she is a real professional”, but what does that really mean?
- Manufacturers Upbeat but Worry About Skills Gap - According to Industry Week, the Fed’s survey of the economy expressed optimism; however, it also noted that labor markets are tightening. Since I’m also embarking on refreshing my 2013 Skills Gap research report, thus far, I’ve noted the same concerns for high-skilled positions. I hear far less conversation about lower-skilled positions when it comes to availability