People have been making maps for thousands of years. Of their local environment, important routes and own property. From the Babylonian clay tablets, to the GPS system in your car, we’ve continually been busy with working out where we are, and planning how to get where we want to go. Sadly though, if you want to take your business over the border, a map of roads, rivers and territorial borders isn’t going to be enough to ensure a successful journey.
To offer your customers the standard of service you need to be successful, you need to be on top of every order at every point in the chain. Use of an integrated ERP system will offer you the standardization and streamlining you need to minimize problems, and fix any that still arise as quickly as possible.
When companies begin working with work breakdown structures, they can struggle to pin down the appropriate level of detail required for an effective overview. Some find they become so bogged down in details that effectively executing the work becomes impossible, while others leave the plans at too high a level for them to be of any practical value.
Compliance is normally thought of in terms of working in line with relevant legislation, usually in the region of financial accounting and reporting. However, compliance is also highly relevant for the internal organization. That means that when it comes to internal compliance, it’s important to have the right people involved, particularly in process design, and to ensure that strong internal communication is organized around any changes taking place or security risks involved.
Legislation and regulation are in almost continual movement, affected by initiatives from VAT changes to SEPA. They often relate to financial administration, but certain industries are also heavily affected by regulations in other areas of their business. Retailers and suppliers often then make additional mutual agreements as to how rules can be best implemented to streamline the supply chain. Given the significance of proper rule application, how can businesses ensure they stay fully in-line and up to date?
Across the board, from manufacturing to retail, companies seem to have a significant issue – controlling quality and service level across the full breadth of their product assortments. Put quite simply, many businesses are letting their portfolio get out of hand.
Billability, or billable utilization, measures the percentage of worked project hours which are billed to the customer (and conversely the percentage that could not be billed). But why is it important?
In today’s global market space, speed is now the key differentiator. When labour costs are high and quality is a must, short lead times become the key to remaining competitive.
We all wait. At the station, at the doctor, in the supermarket. It’s a fact of life. But why do we do it actually? Is all that waiting really necessary?
As in most industries, competition in professional service provision has intensified over the last decade. Staying ahead of that competition is now a major challenge, achieving growth a swim against the tide. Readily available advice includes ‘create an alternative’, ‘think differently’, and ‘stay unique’! Sounds good, but how do you actually go about doing that? Here are my six tips to flesh out those bones…