Tag Archive: data

Warehousing Strategies for Success

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The Amazon Effect is creating elevated levels of stress in the warehousing and distribution world. The key question is how to provide immediate deliveries, customized service, easy returns, and more for a reduced cost – a very good question indeed! A few considerations to ponder:  Storage capacity -What is your storage capacity?  How does that compare with your requirements?  And how can you maximize what you can store in your warehouse? Flow – Are you running in circles around your warehouse to support your customers?  Similar to a manufacturing environment, flow can be an essential ingredient to warehousing success –…
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Buried in Data. Dig Your Way Out & Leverage for Success

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90% of the world’s data has been created in the last two years. Mind boggling!  Of course, we are getting buried in data and aren’t sure how to dig our way out and leverage for success. If you just think about your first few hours after waking up in the morning, you’ve received millions of messages and data:  1) News reports from the radio. 2) Text messages and emails on your phone. 3) Most likely you’ve driven by billboard messages on your way to work.  4) The TV might have been on in the background while getting ready for work.…
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The Internet of Things is Trending in Supply Chain

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Internet of Things (IoT) is trending in supply chain circles. A buzz has started. According to a recent article on Kinaxis, IoT has nearly taken hold of every aspect of our lives. Can you believe there will be over 6 billion connected devices by next year? And that number is projected to increase to 20 billion by 2020. Watch out! A key question is whether we are ready for the stream of data coming from these devices and how we’ll handle it (and leverage it) in supply chain planning processes. For example, just think of the power of a simple Amazon…
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Data, Data, Data

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“Data, data, data” seems to be the hot topic for manufacturers and distributors, similarly to “location, location, location” in real estate success. What is going on? As technologies have come a long way from the “old” days, we have massive amounts of data. I heard this statistic last week – 1 gigabyte cost $1 million in 1980 whereas it costs 1 cent today. Clearly, data is affordable and accessible. Now what do we do with it? Here are some options my best clients have been researching: Dashboards: Get the “right” ERP system for your needs and display key metrics on a dashboard.…
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Why Care About Systems Transactions?

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As mundane as system transactions seem, I continually find that whether or not they are deemed a priority can make the difference between a successful operation or not. The bottom line is that my clients who make sure they design the optimal process, document the systems transaction steps and ensure the timely and accurate execution of transactions succeed.   If you think of it like building a house, system transactions are part of the foundation. If you have an unstable foundation, no matter how much money you put into your house, it will be unsteady. Unfortunately, I’ve seen this occur…
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The Power of BI (Business Intelligence)

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In today’s Amazon-impacted world, if you cannot make rapid yet effective decisions, you’ll be left in the dust. It is no longer acceptable to wait for IT to write a report in order to make a decision. Executives must have the “right” information at their fingertips to guide their companies to success. Does your company have this capability? I find that it is often called BI (business intelligence). Sometimes it is called dashboard reporting. Certainly those executives who have access to a dashboard with graphics and capabilities to slice and dice information in order to make decisions have an edge.…
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How Organization Can Be Your Secret to Success

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I’ve always been organized. My mom said that my 5th grade teacher who also owned a business and was in politics said I was the most organized person she had known – adults included. This was a high compliment coming from her. I don’t really remember much about that but I know it has been one of the key skills that led to my career success. I’ve noticed that some of the most successful people I’ve known credit organization as playing a pivotal role in their success.  Why does organization play a big role in success? Let’s consider a few…
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