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Operations

Five Steps to a Successful ERP System

➡ BEGIN BY FORGING AN INTERNAL CONSENSUS among key constituencies in your company about what you are trying to achieve. One key question is how much of your system can be offsite in the cloud versus on-premises. You don’t want to change technical specifications after you launch. That can lead to cost overruns and delays, known as ERP “bloat.” ➡ ...

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What CEOs Can Learn From 2014’s Holiday Shipping Success

One of the last major business successes of 2014 was how America’s biggest parcel shippers, UPS and FedEx, returned to form and made sure nearly all of their express packages were delivered across the United States by Christmas, after failing miserably at that task the year before.

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How Plunging Oil Prices Are Affecting Your Business

Plummeting oil and gas prices are great news for business, but don’t assume your company is automatically reaping the benefits. Other than spending less, there may be additional ways your company can maximize these shifts.

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Soldiers to Software Engineers: How One Company Transitioned Heroes Into Corporate America

It’s truly astonishing that many of our most accomplished military veterans will return home to face one more battle: That of successfully transitioning into the civilian workforce. According to the Labor Department, the current unemployment rate for veterans is 6 percent, and 650,000 are jobless.

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2014 “Leadership in American Manufacturing” Award

On Day One of the 2014 Smart Manufacturing Summit, May 20th in Peoria, Ill., Chief Executive’s CEO Marshall Cooper presented Doug Oberhelman, CEO of Caterpillar, with the 2014 Leadership in American Manufacturing Award.

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Five Rules for How CEOs Can Redefine Winning with Strategic Suppliers

The University of Tennessee set out to research some of the world’s most successful strategic partnerships—including those at P&G, McDonald’s and Microsoft—to see how and why these relationships added value. The research identified five principles that CEOs everywhere can use to transform supplier relationships.

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Facing the Seven Biggest Challenges in Manufacturing

It’s no secret that American manufacturing has faced a number of significant obstacles. People say the industry is known for low wages, subpar working condition, and continual quality control issues, none of which help attract new workers — but are those actually the biggest challenges facing manufacturing right now?

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Inexpensive natural gas will boost manufacturing growth in the U.S.

A new report by the U.S. Conference of Mayors details the impact the energy sector has had on manufacturing in the nation’s metropolitan areas since 2010, and shows how the new availability of inexpensive natural gas has ignited manufacturing industries and chemicals. Manufacturing CEOs are at the sharp end of the spear in reviving the country’s economic fortune.

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