2022 Oct; Trust Me, I’m an Engineer
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How ERP Can Help in Lean Implementation
News reports over the last several months continue to paint a gloomy picture for today’s economy. Rising material and labor costs, weak consumer spending, and the collapsing housing market are hammering businesses nationwide. Many are looking for ways to re-engineer themselves in order to compensate for flattening growth. To survive, one must do more with the resources they…
On the Origin of Specie
While the function of money is obvious, it’s origins are anything but. The known use of money dates back millions of years. Various currencies have evolved over this time, from electrum coins in Turkey to paper in China and Cocoa in Central America. But how did these agreements of currency come about? Experts state that…
7 charts show Southern California’s warehouse crunch
Easing the chokepoint is a “balancing act” of labor, warehouse space and goods movement… As shipping containers clog the ports of Los Angeles and Long Beach, many importers are running into similar problems: There isn’t enough warehouse space to store incoming freight. This lack of capacity prevents many containers from advancing through an already congested supply chain….
Process Mapping with Flowcharts
A flowchart is an outline or schematic drawing of the process your team is trying to measure or improve. It can also be a picture of an ideal process that you would like to use. Process mapping with flowcharts can help people: Agree on the steps of a process and the order in which they occur See…
Government Workers of the World Unite!
Public-sector unions or government workers across the world have enjoyed a cushy deal for the past few decades. However, since the onset of the global debt crisis, the tables may be turning. Governments across the world (and particularly in the first world countries such as America, Canada and the United Kingdom) are being pressured to…
RPT-INSIGHT-How Pfizer has shifted U.S. profits overseas for years
Pfizer and Allergan are in talks to create the world’s biggest drug company by market value. The problem with this scenario? Pfizer’s take over of Allergan have faced a political backlash in the United States over fears that the deal would lead to the company shifting its headquarters and taxable profits to Ireland. But a Reuters…