A Return to Capacity Planning: Staying Ahead in the Manufacturing Industry
For many manufacturing companies, capacity planning may seem like a relic of the past. However, geopolitical tensions, tariffs, a renewed focus on onshoring and heightened M&A activity are bringing capacity planning back to the forefront. Our point of view: These trends underscore an urgent need to revive capacity planning processes for operational efficiency and competitiveness. […]
Low-Code Applications Yield High Value, Big Change in Less Time
The big picture: Deploying enterprise technology systems and tools often is cumbersome and hampered by complex configurations, lengthy implementations, extensive testing and big dollar budgets. Low-code applications can alleviate these challenges by enabling stakeholders outside of the IT group to quickly design, launch and iterate on their own applications. The shift? This represents an evolutionary […]
Future-proofing business: How strategic and sustainable sourcing are converging to shape success
The big picture: Sustainable sourcing practices are converging with strategic sourcing to become a fundamental component of business strategy. Between the lines: New and emerging regulatory requirements have intensified focus on a wider range of sourcing and supplier performance metrics. Reliability and resilience KPIs should be rounded out with metrics around diversity, social performance, human […]
Leveraging Procurement for a Competitive Advantage in Private Equity
The big picture: Robust procurement and supply chain management play a strategic role as pivotal drivers of value creation and operational excellence. Why it matters: A strategic procurement can help firms unlock value and drive performance improvements to achieve the most value out of the supply base at the lowest total cost of ownership. How […]
Flash Report — NIST Releases Version 2.0 of Its Cybersecurity Framework (CSF): What This Means for Your Organization
What you should know: On February 26, 2024, The National Institute of Standards and Technology (NIST) released version 2.0 of its updated and widely used Cybersecurity Framework (CSF). NIST CSF 2.0 expands to include governance and supply chains, offering comprehensive cybersecurity guidance for all organizations. Why it matters: The update is important for organizations of […]
Integrated Business Planning: Navigating Volatility, Creating Resiliency
The big picture: Challenging market conditions and volatility are driving the need for organizations to have greater resiliency, agility and flexibility to maximize profit while reducing risk. Between the lines: FP&A, profitability, reporting and analysis, strategic planning, enhanced data analytics and process improvement are top areas where CFOs are seeking to improve capabilities, according to […]
