Friday, 26 August 2022

Increase your productivity and flexibility by hiring lean manufacturing consultants

 

Manufacturing companies used to rely on buying large quantities of supplies for better prices. The procedure involved purchasing materials in bulk at a discount and storing them until they were required. However, a lot of businesses have abandoned the idea of bulk ordering. Due to significant sums of money involved in inventory, they have switched to lean supply chain practices.

 

How Group50® helps in lean supply chain management?

 

Group50®'s lean supply chain management aims to increase productivity by removing extra or useless parts from a process. Supply chain consulting and lean manufacturing consulting are Group50®'s primary specialties. That sequence of events begins with raw materials and ends with a finished good in the hands of the customers. Engaging a consulting firm that can support the journey from beginning to end is essential for businesses starting a Lean Manufacturing journey. 

 

At Group50®, they have subject matter experts who are familiar with analyzing, creating, and applying supply chain and lean manufacturing programs. They know the change management procedures necessary for long-lasting implementation. Manufacturing, distribution, and supply chains are examples of lean organizations, business processes, and functions with low waste and high responsiveness.

 

 

Advantages of working with Group50®experts:

 

  • The lean manufacturing consultants collaborate with clients to put new knowledge and techniques into practice so that client teams can carry on independently after the project is finished.

 

  • A thorough understanding of the business is provided that gives management a better understanding of the main issues the company is facing

 

  • Businesses benefit from scalable, long-term solutions that concentrate on cobotics, technology, processes, and people convergence.

 

Tools used by Group50® to implement lean supply chain

 

To implement lean manufacturing, it is necessary to use the right tools and methodologies for locating the waste within a business that will produce the highest return on investment by addressing operational and strategic gaps. Group50® employs lean supply chain management tools like Value Stream Mapping, Financial Modeling, Spaghetti Diagrams, Work Flow Analysis, Supply Chain Modeling, Six Sigma Tools, and techniques like the DMAIC process to find and eliminate unnecessary work.

 

Following the completion of the recommendations, the lean manufacturing consultants collaborate closely with their clients to redesign the business processes, work cells, plant layouts, supply chains, distribution processes, and techniques, as well as the digital and IT systems that support the end-to-end set of activities from the receipt of raw materials to the delivery of finished goods to the customer. They also ensure that the organization can proceed after their work is finished. Professionals in the supply chain can use a playbook created by Group50® to determine the actions that will yield the highest and fastest ROI.

 

Need a lean supply chain expert?

 

It would help if you looked to alternative options for your supply chains as the global economy transitions from a single origin manufacturing and supply to a more carefully thought-out and designed supply chain. Group50®’s lean manufacturing consultants are global experts in lean supply chain management. The consultants will assist you in navigating the difficulties of international supply chains. For a lean supply chain management assessment and to learn how to reduce waste while maximizing the value and financial performance significantly of your supply chain, please call Group50 at (909) 949-9083.

 

 

 

 

 

 

 

 

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Wednesday, 3 August 2022

Supply Chain Management Consulting For Resilient, Future-Ready Supply Chains That Positively Impact Businesses

 The journey from the supplier to global consumers is often complex and beset with numerous possibilities of value to escape due to mistakes, missed opportunities, and inefficiencies of the supply chain. So, it’s not surprising that most companies have supply chains that underperform, typically leaving up to 10% in gross margin gains unrealized. As such, you need a supply that is resilient and responsive to complex consumer demands to succeed.


Supply chain technology landscape is evolving rapidly, and managing so much change while keeping costs in check can feel daunting.  It’s here that the expertise of a supply chain consulting firm, such as Group50, can make your supply chain efficient with the right mix of planning, specialized tools, and technical expertise.


Companies need to be effective at designing products and defining services, and delivering those products and services to the consumers. And this needs to be done at a lower cost. Group50 supply chain management consulting by focusing on the key elements of supply, such as strategic objectives, market value drivers, business life cycle, and vendor participant and commitments, the total cost of ownership, etc.  Group50’s supply chain consultants have managed supply chains of all sizes, ranging from $20 million to $ 4 billion. With an understanding of the overarching strategy, the supply chain consulting firm works to redefine your end-to-end supply chain and operations.  


Supply chain networks that orchestrate change  

Supply chain consulting engagements at Group50 are led by seasoned industry, process and subject matter experts who have a rich knowledge base in supply chain best practices, and supply chain market intelligence capabilities. Group50’s supply chain consultants help companies to optimize their supply chain through a range of consulting engagements. It has helped companies to reimagine, build and operate supply chain networks that orchestrate change, and positively impact businesses. The consultants have helped companies manage the complexity of their supply chains, and transform them into future-ready supply chain networks.


Providing the highest and most immediate ROI

Group50 supply chain management consulting has developed a supply chain playbook that can be used by supply chain professionals to identify the activities that provide the highest and the most immediate ROI to the clients. The supply chain consultants provide strategic sourcing services, and have designed and implemented optimized supply chains in many industries. The first step begins by understanding how well the supply chain is doing. This is done by conducting a supply chain effectiveness assessment and distribution assessment. From there, the supply chain consultants work with the senior leadership team to develop an optimization roadmap, and implement a continuous improvement (CI) program that generates 5% to 10% cost improvements, reduced working capital requirements, and reduced lead times year over year.


Strategy-driven processes with end-to-end visibility

Leveraging its experience and knowledge of best practices, Group50 supply chain management consulting firm has been able to successfully implement projects across supply chain modeling, product and vendor rationalization, distribution system, cost reduction programs, Kanban, vendor scorecards, and a lot more. No matter where your company falls on the supply chain maturity curve, Group50 can help you become a leader with its strategy-infused, integrated process, and end-to-end view that looks for value across every link in the client’s value chain.