Tag Archive for 'Purchasing'

Improving Supply Chain Performance – Reducing Purchasing Costs Through Better Planning Disciplines

Whether a business is a manufacturing and distribution company or it is a dentist’s office, these businesses all have common supply chain problems associated with …

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Posted in Blog Post, Growing Businesses, Mergers and Acquisitions, Restructuring Businesses and Struggling Businesses

Strategic Outsourcing – How to Make Outsourcing a Business Strength

In recent years, many businesses have decided to reduce the cost of their operations by outsourcing some or all of the manufacturing of their products …

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Posted in Blog Post, Growing Businesses, Restructuring Businesses and Struggling Businesses

Business Turnaround Basics – Understanding the Real Cost of Factory Overhead

In today’s businesses, manufacturing overhead is often a major portion of product costs. There are two elements to overhead – variable and fixed costs. In …

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Posted in Blog Post, Restructuring Businesses and Struggling Businesses

Business Turnaround Basics – Understanding the Real Cost of Your Materials and Components

In the previous article on June 1, 2009, we explored the large negative impact that poor product and service costing can create. As I stated …

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Posted in Blog Post, Restructuring Businesses and Struggling Businesses

Retail Product Manufacturing Business

The Challenge: This was a $25M machining and assembly division that was experiencing high operating losses, providing poor customer service and suffering market share loss. …

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Posted in Case Study, Case Study - Restructuring Businesses, Restructuring Businesses and Struggling Businesses