increase - good and bad

Increase: the good and the bad

…it goes without saying right now. There is a definite increase in people’s vigilance. Survival is key.

So today we have two articles to share with you; both about increase. As promised, the good, the bad, and the ugly.

The Good

What does an international company do when they find that “there (are) gaps in how content (is) being stored and shared across the company”? The company in this article, Panova, moved to an ERP system that allowed them to utilize systems and platforms already in place.

Now employees easily access data that used to be in divergent locations. “Managers noted impressive gains in productivity, improved user experience for employees, enhanced file access and a reduced paper trail for the company as a whole.”

The immediate result from system integration? Panova accrued an increase of 400% in productivity gains.

We saw improved efficiency, more opportunities for future process improvements and, most importantly, a significant increase in productivity among our employees and their workflows. ~ Ehren Dimitry, president and CEO of Panova.

(read complete article here)

And now The Bad

Yes, it is on everyone’s mind…the coronavirus pandemic has industry scrambling.

In an article today from Logistics Management, we quickly learn how challenged supply is as consumers rapidly stock up on goods. Empty shelves in major supply chain stores is normal. And the same is found in the local corner store.

And as author Rosemary Coates warns, “This is just the beginning.”

Small and medium size companies rely on China for manufacturing. They didn’t, and still don’t, have the resources to research and find other sources for manufacturing and supply.

Finding new suppliers, qualifying them, and scheduling production is no easy task.

Being resourceful is key to success. As Tony Robbins is quoted as saying, “It’s not the lack of resources, it’s your lack of resourcefulness that stops you.”

Coates warns that not factories in China are running about 25% normal—and delivery costs are increasing as the shipping industry continues to get hit.

(read complete article here)

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