This infographic by the Aberdeen Group and the TBM Consulting Group outlines the top business pressures facing sales and operations planning and integrated business planning (S&OP/INP) process. S&OP/IBP Users have superior customer service, cash-to-cash cycle, and forecast accuracy, driven by the effective measurement of their process and strategic actions. These improvements move them from predicting results toward a prescriptive approach, allowing them to manage their costs while growing their top line. View the full infographic and read the report on this topic below!
Read More →Executive Interviews and Visioning: Launching the Business Case for Change
One of the first steps in beginning an ERP project and launching the business case for change is to determine why change is necessary. Through our on-site meetings with this client, we were able to identify a few key areas that would be improved upon by a modern enterprise application system. In the article below, you will be able to identify key areas in a business that would benefit from a modern enterprise application system including: Customer Focus; Business Processes; Organizational Change Management Strategy (OCM); Revenues; Data Cleansing and Storing; and Automation. Ultra Consultants’ goal is to determine how an ERP system would add value to a business after assessing the needs of the business beforehand. For more information, please read the full article below!
Read More →Industry Insights: Interview with Dr. Steve Levine, Dassault Systèmes
At Generis’ American Medical Device Summit 2016, we sat down with Dr. Steve Levine, Senior Director of Product Strategy and Executive Director of the Living Heart Project at Dassault Systèmes and discussed scientific innovation initiatives such as the Living Heart Project, realistic simulation, and technology’s role in the industry. Check out the full video below!
Read More →Get in Position to Make the Right Calls in 2017
One of the responsibilities of operational leaders is to select and reinforce the company’s key performance measures. Establishing and tracking these KPIs is akin to being in the right position. These measures must mirror leadership’s view of what success looks like. This article by TBM explains how to set your KPIs while ensuring that your metrics provide a clear understanding of the current health for your business, are aligned with both past and emerging customer expectations, and reflect the mantra “good is never good enough.” According to TBM, unless you establish the right KPIs, you are unable to make the best calls for your business in 2017. Read the full article below:
Read More →The TBM Management System
The TBM Management System is a disciplined, systematic approach that helps organizations achieve their strategic objectives through enterprise-wide alignment and cross-functional problem-solving. The system leverages monthly, weekly, daily, and hourly monitoring to increase employee engagement and provide real-time feedback and corrective actions. As markets grow more competitive and business pressures increase, executives are facing a significant new challenge: how to improve performance, sustain their progress and successfully realize their strategic goals, often with little or no additional resources to support their efforts. Find out more about how the TBM Management System has been implemented in several organizations to date, creating improved visibility of strategic objectives and empowering employees to think and act on their own in order to achieve them. Read more in the full white paper below:
Read More →WCOM (World Class Operations Management): Why You Need More Than Lean
This book deals with World Class Operations Management (WCOM), detailing its principles, methods and organization, and the results that this approach can bring about. Utilizing real-world case studies illustrated by companies that have adopted this model (interviews with Saint-Gobain, L’Oréal, Tetra Pak, Bemis, and Bel Executives), it describes common patterns drawn from decades of hands-on experience, so as to present a theoretical approach together with the concrete application of its principles. WCOM, adopted by several multinational companies, is one of the more innovative management practises, as it integrates the best Continuous Improvement approaches (Lean, Total Productive Management, World Class Manufacturing) as well as the most innovative approaches in human dynamics like Change Leadership, Performance Behavior, Shingo Model, to name a few. Every book’s chapter has been authored by an expert in these different fields, thus revealing the synergy among the different practices, which is one of the distinguishing and successful aspects of WCOM. Maximising reader insights into the successful implementation of such an approach, and explaining not only its potentialities, but also its implementation dynamics, the critical points and the ways it can be integrated into different situations, this book is also about how to create a culture of excellence that is sustainable over a long period of time and delivers consistent (or ever-improving) results. Check out the Efeso Consulting book below:
Read More →The Five Best Practices of Inventory Leaders
Inventory optimization strategies and practices are known to vary throughout different organizations and even divisions. This is why the people managing inventory have to effectively provide superior service levels at a low cost to serve. This article will focus on an overview of the leading practices that TBM Consulting Group has helped clients implement. Also, included is a 10-Minute Inventory Performance Assessment so that you can discover a more detailed analysis of your inventory planning, scheduling, and control processes. View the full article below:
Read More →The Future of Medical Device Manufacturing
The medical device manufacturing world can be a competitive space, and it can be difficult to stay afloat among other competitors. In this executive brief by Copley Consulting, you will find out more about key initiatives that will allow you to maintain a strong, competitive position in this space. With next-generation ERP systems that include the newest analytics and tools for collaboration, you can meet Baby Boomer demand while controlling costs. Key highlights include: Improving agility; Fostering collaboration; Keeping up with changing demands; Lowering costs and reducing lead times; and Gaining a competitive edge. Find out more about these key themes and ERP systems in the full brief below:
Read More →Presentation: Metal Powder, Aerostructures, and Additive Manufacturing
Additive manufacturing, also known as 3D printing, is the process of synthesizing a three-dimensional object. The object is created using sequential layers of material, formed under computer control. Additive manufacturing is really the process of the future, as it can be used across industries. The Hoeganaes Corporation is on the forefront of innovation when it comes to additive manufacturing, as Hoeganaes has created AncorAM, a new family of products focused on high-tech materials for additive manufacturing. Hoeganaes is also: The world’s largest manufacturer of sintered components and a leading producer of metal powder. A leading tier one supplier of Aerostructures and engine products and systems to the global aerospace industry. The leading tier one supplier of automotive driven systems and solutions to the world’s leading vehicle manufacturers. A leading supplier of powder managements products and solutions for agriculture, construction, mining, and industrial equipment. See the full presentation below for more information about the Hoeganaes Corporation and these manufacturing processes.
Read More →Effective supplier management for medical device manufacturers
This informative article speaks about four key ways to build better relationships with your suppliers: Whether you are a startup medical device manufacturer or a Fortune 1000 corporation, establishing and preserving progressive relationships with your suppliers is critical to your success. Not only are you managing your inventory levels to make sure that you always have the right components in stock to meet orders, but at the same time you’re managing compliance regulations and customer satisfaction. Your relationship with your suppliers is a crucial part of how you manage these challenges. It’s time to start building better relationships so that you can establish trust and over time, the supplier will begin investing more to ensure your success. Find out more below!
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