How to Optimize Your Maintenance Spare Parts Inventory | Business Performance Improvement
Want to optimize your spare parts inventory? Download the FREE list of barriers to an optimized maintenance spare parts inventory at: http://www.strategydriven.com/maintenance-inventory-optimization/
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How to Optimize Your Maintenance Spare Parts Inventory explores the challenges causing inflated parts inventories, high expediting costs, and unnecessary warehouse spoilage and obsolescence.
Economic demands place increasing pressure on executives and managers to reduce costs while maintaining high levels of operational safety and reliability. For Work Management and Supply Chain leaders, areas of potential savings lie with:
- optimizing inventory levels while reducing associated carrying costs,
- minimizing or eliminating expediting costs, and
- eliminating losses incurred as parts become obsolete in the warehouse
… while providing the highest level of parts availability.
While every company’s circumstances are unique, StrategyDriven Advisors observe significant avoidable expenses incurred because of work management – supply chain program misalignments, including:
- inventory reductions of 10 – 25 percent
- near elimination of expediting costs
- significant reductions in warehouse spoilage and obsolescence
For more information regarding the barriers to optimizing your parts inventory, download the FREE list of barriers to an optimized maintenance spare parts inventory at: http://www.strategydriven.com/maintenance-inventory-optimization/. This document presents the sixteen most commonly occurring work management – supply chain program barriers StrategyDriven Advisors have identified when helping clients optimize their inventories. We believe these barriers represent an excellent starting point to evaluate the sufficiency of your company’s maintenance spare parts inventories.
Should you need assistance in determining whether or not your maintenance inventory is optimized, StrategyDriven’s Advisors stand ready to assist you. Please contact us at +1 (678) 313-0150 or ContactUs@StrategyDriven.com.
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The StrategyDriven Personal Business Advisor: Affordable Management Consulting
Want to improve your bottom line results? Access dozens of FREE how-to business management guides at: http://www.strategydriven.com/product/strategydriven-personal-business-advisor-self-guided/
Call or text now for a FREE consultation: +1 (678) 313-0150. Prefer email: ContactUs@StrategyDriven.com
StrategyDriven Personal Business Advisor Program provides easy, affordable, and timely access to seasoned business executives, leading edge analytical tools, and time tested methods. No longer does the competitive advantage lie with those having the deepest pockets.
StrategyDriven’s Personal Business Advisor Program makes top tier consulting services available to business leaders at all companies regardless of budget. By empowering clients to tailor each engagement to meet their specific project needs – no more, no less – and employing modern communications technologies, StrategyDriven eliminates the barriers preventing small and midsized company leaders from accessing high-end consulting services.
Few small and midsized business leaders realize the benefits of engaging top-tier consultants to assist with complex data analyses or provide specialty knowledge to their projects. Many avoid using these resources because of the time and expense involved. Others spend hours reading how-to books or taking continuing education courses to develop solutions.
“It’s understandable why the business leaders who would benefit most from top tier advisory services can’t or don’t access them,” explains Nathan Ives, StrategyDriven’s President and Chief Executive Officer. “The current consulting model is expensive and time consuming; often involving fixed duration contracts that include unwanted resources. StrategyDriven’s Personal Business Advisor Program reduces the expense, time, and hassle of engaging knowledgeable experts to support development and execution of important business initiatives.”
The StrategyDriven Personal Business Advisor Program simplifies the engagement process to deliver top tier consulting services without the expense or time of traditional firms. Prior to each engagement, a client:
1. Selects an Advisor possessing the experience, education, and training needed and who is someone the client can relate to and trust.
2. Identifies the Support Needed, No More, No Less… providing periodic, focused advice from true experts to meet your specific needs.
3. Selects the Tools Wanted from an expansive library of proven analytical tools, all fully developed and ready to use, accessible online 24 / 7 / 365.
4. Determines How the Advisor Is to Engage using modern communications technologies whenever possible thereby eliminating expensive travel and the need for office space.
5. Chooses the Engagement Duration without being locked into a long-term consulting contract. Easily cancel at any time.
In addition to one-on-one consultations, Personal Business Advisor clients gain access to StrategyDriven’s online business strategy and tactical execution advice library.
StrategyDriven Personal Business Advisor clients include executives and senior managers of small and midsized companies as well as managers of some of the world’s largest businesses. Complete information regarding the StrategyDriven Personal Business Advisor Program is available at: http://www.strategydriven.com/sdpba.
To request a FREE consultation, call us at: +1 (678) 313-0150 or visit us at: http://www.strategydriven.com/request-a-free-consultation/
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What is Diversity and Inclusion? | Business Consulting in Orlando
Want to improve your bottom line results? Learn how at: http://www.strategydriven.com/strategydriven-diversity-inclusion-forum/
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This StrategyDriven video examines the the definition of diversity and inclusion by providing a conceptual definition of diversity and inclusion, illustrating what diversity and inclusion looks like in action, highlighting what diversity and inclusion is not, and describing some of the many benefits diverse and inclusive organizations realize over those not sharing these values.
"Diversity and inclusion exists when members of an organization act in a manner that recognizes and respects individual similarities and differences such that employees feel they and their work are valued and meaningfully contribute to the mission of the organization." - StrategyDriven Contributors
Remaining relevant in today's hyper-competitive business environment requires the full engagement of an organization's workforce and the retention of highly talented employees. To accomplish this, leaders must capture the passion and commitment of subordinates by providing them with work that has a meaningful impactful on others and is quantifiablely measurable and rewarded; all while connecting with them on a personal level. Similarly, individuals need to connect with their peers in a way that makes them feel their contributions meaningfully add to the team and the organization's overall success. Simply put, individuals seek to be valuable to and valued by their organizations; limited only by their abilities and desires. Without this sense of value and connectedness, a job becomes nothing more than the means to a paycheck, productivity declines toward that which is required to maintain employment, and attrition rises as employees seek more fulfilling work; all at great cost to the organization.
Increasing workforce diversification challenges all members of an organization attempting to satisfy the individual value proposition. Differences in age, race, gender, religion, and sexual orientation to name but only a few, influence what makes individuals feel valued. Studies have shown the degree to which an individual feels valued by his/her superiors and peers in large part defines his/her work engagement and the subsequent value offered to the organization. Thus, the challenge is a circular one best solved by fostering an organizational culture that respects and embraces diversity and inclusion.
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Employee Engagement: Untapped bottom line potential | Business Performance Improvement
Want to improve your bottom line results? Learn how at: http://www.strategydriven.com/strategydriven-employee-engagement-center-excellence/
Call or text now for a FREE consultation: +1 (678) 313-0150. Prefer email: ContactUs@StrategyDriven.com
Employee Engagement: Untapped bottom line potential explores the principle components of employee engagement, mechanisms for achieving it, and quantifiable benefits realized over those not so well engaged.
True employee engagement occurs when individuals apply the full measure of their creative energy and talent to performing work that wholly supports achievement of the organization's goals. And while perfect engagement is not achievable, our experience and the Gallup Organization's research reveal that a clear, forward-looking strategy aligned with the organization's vision, values, and mission goals and translatable to the day-to-day activities of all organization members combined with inspiring leadership is absolutely essential to maximizing employee engagement.
The StrategyDriven Employee Engagement Center of Excellence provides the actionable tools and techniques executives and managers can use to improve their employees' level of engagement, thereby increasing productivity and profitability.
Visit us at: http://www.strategydriven.com/strategydriven-employee-engagement-center-excellence/
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Framework for Aligning an Organization | Business Consultants in Orlando
Want to improve your bottom line results? Learn how at: http://www.strategydriven.com/about/
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Framework for Aligning an Organization explores the mechanisms needed to create an programmatic framework focusing all employees on the achievement of the organization's mission goals as well as the benefits these organizations realize over competing firms not so well aligned.
We believe creation of a clear, forward-looking strategy, translatable to the day-to-day activities of all organization members, is critical to realizing success in today's fast paced market environment. Not only does a compelling, well executed strategy align individuals to a common purpose, it ensures that purpose best serves the company's mission.
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What makes an organization StrategyDriven?
Want to improve your bottom line results? Learn how at: http://www.strategydriven.com/about/the-strategydriven-organization/
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This StrategyDriven video examines the qualities and characteristics of a StrategyDriven organization as well as the benefits these organizations realize over competing firms not so well aligned.
The StrategyDriven organization is aligned to and accountable for a strong vision, inspiring values, and quantifiable mission goals. This commitment to excellence permeates the entire organization from the C-suite to the shop floor; enabling the StrategyDriven organization to outperform those others not so committed. StrategyDriven is therefore dedicated to providing executives and managers with the planning and execution tools they need to enhance their organization's alignment and accountability so to achieve superior results. But don't believe us... believe the numbers.
Research performed by Gallup shows that organizations with world-class employee engagement are 18 percent more productive and 12 percent more profitable than industry competitors with bottom quartile performance! In fact, top decile companies realize 3.9 times the Earnings per Share (EPS) growth rate compared with low engagement performers within their industry.
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