India poised for a new age

I just returned from Kronos’ first customer conference in Mumbai. It’s an exciting time for the Kronos India team as they now have over 100 customers locally. During the week Narendra Modi took office as the new Prime Minister. The media and citizens have an optimistic vibe. Modi’s messages include increased transparency, eliminating nepotism and … Continue reading India poised for a new age

Adding more labor can be beneficial to your bottom line

It’s been about eight years since I stepped into the manufacturing vertical in Kronos and I’m excited to announce that Kronos has asked me to take what I’ve learned here and apply it to a new initiative. This is a project to demonstrate that labor is not just a cost and compliance burden, but rather … Continue reading Adding more labor can be beneficial to your bottom line

Those office workers have it made

How frustrating to walk off the production floor after a grueling variance meeting and see office workers surfing the web or standing around having a cup of coffee. Even worse, urgent engineering change or variance requests disappear into the ether unless they are constantly expedited. How about customers waiting for weeks to obtain an answer … Continue reading Those office workers have it made

Turning the soft term “employee engagement” into hard operational results

Last week I was in London where I participated in Works Management's “The Great Productivity Debate” which was hosted by WM editor Max Gosney. Max began the event with some statistics from the Office of National Statistics that rated the UK as having low productivity compared to other European nations as well as the US. … Continue reading Turning the soft term “employee engagement” into hard operational results

R&D Tax Credits, are you getting your fair share?

In today’s WSJ CFO’s Journal it noted that this quarter’s corporate earnings were lifted in some cases by 10% due to the extension of the R&D Tax credit. This was based on the accumulation of last year’s entire credit, which still averages to 2.5% a quarter of earnings growth. For Boeing taking advantage of this … Continue reading R&D Tax Credits, are you getting your fair share?

The CEO’s Balancing Act

Most of us have one ultimate goal in our work. For those with a Lean bent, it might be to increase customer value. For Operations it could be to achieve the perfect order or in Payroll, deliver the perfect paycheck. The CEO however, has the objective of achieving two goals. The first is success in … Continue reading The CEO’s Balancing Act

Outsourcing isn’t about low labor costs anymore

Outsourcing has traditionally been the province of Purchasing and Operations. Focused on lowering costs, these departments would generally look to a small number of low wage countries. There are two dynamics that are causing production locations decisions to change: Increasing labor costs are making outsourcing for lower labor costs less attractive. Secondly, politicians are increasingly … Continue reading Outsourcing isn’t about low labor costs anymore

Competitive Manufacturing in the UK

I was in the UK last week and had an opportunity to participate in a production tour of a local manufacturer. This company produces consumer goods for yard care and is a great example of a manufacturer that sees the extremes of variability in their business. Imagine if your company received five percent of its … Continue reading Competitive Manufacturing in the UK