Post COVID-19 World: How Supply Chains are Evolving iandouglass | July 21, 2020 In this post-COVID-19 world, organizations must redefine their goals, strategies, organizational structures and business processes in order to stay alive. From footprint and layout to social distancing process flow optimization, businesses must re-evaluate their current processes and adapt if they want to survive the effects of this pandemic.
How Lean Six Sigma Can Help Fight the Coronavirus Pandemic iandouglass | July 17, 2020 At the very crux of the lean sigma strategy is to be able to cope with crises, both small and large. COVID-19 is certainly a large crisis where many businesses are learning as they go. But if you have a Lean Six Sigma Process under your belt, you will find you can weather any storm.
Path Back to Profitability During COVID-19 Focused on Inventory Management iandouglass | July 15, 2020 In times of black swan events like COVID-19, it’s vital to gain a clear understanding of risk so your organization is better positioned to establish the right plan in the face of uncertainty. Supply chain consulting can help, as the focus of your business is likely on how to protect your employees, understand the risks to your business, and manage supply chain disruptions.
Management Framework for Companies to Assess Ability to Grow iandouglass | July 14, 2020 Amid the economic turmoil that has been brought about by the coronavirus pandemic, going concern is a big topic for companies, particularly as it relates to audits and accounting. Your company needs to evaluate whether the downturn of the economy from this pandemic has impacted its ability to continue as a going concern.