For the first time, “supply chain” has entered our collective vocabulary. Lots of people are discussing supply chain disruptions not just in boardrooms but also in their living rooms. While the global disruptions in supply chains are not pleasant or convenient, they may be a blessing in disguise, as they give us the vocabulary to
How To Identify and Address Supply Chain Issues in 2022 Read More »
A business owners understandably want to leverage every possible advantage over their competitors. Often, this means leveraging cash to make investments in a sales team, product innovation, or a new marketing plan. For businesses that carry inventory, they know that a significant amount of investment must be made to keep products on hand. That is
Inventory Management: The On-Hand Sweet Spot Read More »
Throwing out half of a palette of expired lettuce is often part of the job when managing a small to medium-sized manufacturer, and it may not seem like a big deal. The costs of spoilage can add up, though. In fact, inventory spoilage accounts for over $35 billion in costs to small businesses every year.
Inventory Spoilage for Food Manufacturers Read More »
Food manufacturers have had a challenging 2020. With pandemic shopping being all of the rage, one would think the food business is booming. However, there have been two trends that have worked together to tamp down many food manufacturers – I work as an outsourced CFO for multiple clients in the food manufacturing and retail
The Current State of Food Manufacturing and Three To-Dos for 2021 Read More »
