What is Project Management? Project Management Institute (PMI) defines project management as “the application of knowledge, skills, tools and techniques to project activities to meet the project requirements.” In business, an example of a project might be something like implementing new software that streamlines processes for employees, expanding distribution to a new market, designing and building a new website that …
3 Benefits to Outsourcing Your Project Management
Project managers are found in every type of organization and industry, and the demand for good project management skills are increasing in demand worldwide. This is because the right project manager will ensure your business plans run smoothly and help you meet your objectives. Project managers are goal-driven individuals who enjoy the challenge of driving results, working well under pressure …
5 Signs Your Supply Chain Management Needs an Upgrade
Supply chain management is not just an integral part of your business, it’s also essential to your company’s success. It boosts customer service by keeping your customers satisfied, as they know they can count on your business to meet their needs in a timely, cost-effective matter. Additionally, supply chain management can reduce your operating costs and budget, and it can …
How Interim Management Can Save Money
When you lose an upper-level employee, everything from production timelines to your company stock price can be affected. In fact, research has shown that replacing a well-educated CEO can cost up to 213% of their annual salary, partly because of training new employees, paying overtime and lost productivity. However, hiring an interim manager can help you to negate these expenses …
Getting the Most out of an Interim Manager
After your manufacturing facility has recognized the needs for an interim manager – whether because you’re facing some sort of business crisis or you need to take ample time to find the perfect replacement to fill a key leadership role – the first step is obviously obtaining the right person for the interim job. How to Attract the Perfect Interim …
3 Cost-Saving Supply Chain Management Solutions
If your manufacturing facility is looking to maximize customer value and remain as competitive as possible in the industry, active supply chain management is a must. Effective supply chain management keeps supply chains running as efficiently as possible. Product development, sourcing, production and logistics, not to mention the information systems needed to coordination these processes, are all part of active …
The Ultimate Guide to Hiring an Interim CEO
The chief executive officer (CEO) is the highest ranking executive in a corporation or organization. While the responsibilities of the job vary depending on the mission and goals of each particular manufacturing company, in general, a CEO handles all the major corporate decisions, from creation, planning, implementation and integration of all strategies. Typically, the CEO must report to the Board …
A Manufacturing Management Consultant’s Best Advice for Increasing Profits
There’s no doubt that the manufacturing industry is competitive. In fact, Fortune magazine predicted that by the year 2020 the United States will surpass China as the number one country for manufacturing, making our country the most competitive manufacturing economy in the world. Today, success in the manufacturing industry lies in utilizing advanced technologies, the availability of proper materials and …
Three Key Traits of a Successful Manufacturing Consultant
When it comes to the manufacturing industry, not all companies are created equal. More often than not, the profitability of a facility lies within the leadership team, and generating large profits in a manufacturing venture depends on the traits of the team and key employees. When choosing a manufacturing management consultant to help with operational improvement and increase profitability, it’s …
The Ultimate Guide to Hiring an Interim Manager
What is an Interim Manager? An interim manager is a highly-experienced, strategic executive who can provide the skills and expertise your business needs to solve an issue at hand. This issue could be an impending crisis of some sort, such as the resignation of a member of your c-suite, or it could be that you need objective, outside assistance with …