Car manufacturers rolling ventilators off the line. Breweries pumping out hand sanitizer. Laundry and uniform businesses outfitting healthcare workers with PPE. If there’s anything I’ve learned tracking companies through their COVID-19 pivots, it’s this: success means being agile. (more…)
Over the last few months, the movement towards favoring local Australian made goods has gained momentum. The ‘shop local’ movement started to gain momentum throughout the drought and bushfire season and has continued to be driven by COVID-19, which revealed the vulnerability of the country’s supply chain and dependence on global manufactured goods. As a result, Australians have become wary of foreign-made products and [...]
Manufacturers and distributors across Asia have needed to remain resilient despite operating in intensely pressured times. The YOY in Q1 saw a 0.5% contraction – contributed by declines in the electronics and chemical industries despite expansions in biomedical manufacturing and precision engineering industries. The Singapore Purchasing Managers’ Index (PMI), an indicator that measures how much purchasing (or materials) local manufacturers are engaging in, saw a [...]
COVID-19 caused manufacturers to quickly enact their business continuity plans – and has stretched company leaders to innovate and revise these plans in unprecedented ways to meet the many challenges of the pandemic. Now, as COVID-19 restrictions ease, manufacturers can turn to their next steps for achieving strategic growth. (more…)
The COVID-19 pandemic of 2020 has provided the circumstances that have everyone thinking about business models, modes of operation, workplace practices, processes, and policies. Processes are the key to managing and changing an organization. Recent experience as a volunteer for an NPO made me not only appreciate how processes are key to managing and changing teams, but also how to process re-engineering must become [...]
Oh wait, is that really how much time has passed since our transition into the new normal. Days seem to be flowing into each other. Is it Monday or Friday? Thanks, technology, for keeping it real… like knowing what day it is! This whole COVID-19 thing has really thrown us (actually several) curveballs of note. Take WFH for instance. The reality was quite different to the dream. Generally speaking, the biggest obstacle was to get yourself into a disciplined routine working away from the office. (more…)
Now that we’re slowly “coming out” of lockdown, what is the Brave New World we find ourselves in? Will lockdown-learning fuel change or will we soldier on wearing a blindfold instead of a face mask. What changes will last and what opportunities will we grasp? People interaction – the pros and the cons (more…)
There’s a saying “Old ways won’t open new doors.” It’s now fairly obvious that the relaxation of the Coronavirus/COVID-19 lockdown (aka stay at home) will only be gradual, in most countries. Whatever the “new normal” is going to be, it’s going to be very different to what we were used to. How will manufacturers and distributors adapt to these revolutionary changes? (more…)
Manufacturers and distributors are operating in intensely pressured times as a result of COVID-19. According to a survey conducted by the National Association of Manufacturers (NAM), 78.3% of manufacturers anticipate a financial impact, while 53.1% anticipate a change in operations. (more…)
I’ve been observing friends and colleague’s behavior during the COVID-19 social distancing and one of the things that I and many of my friends are doing is Spring-cleaning our homes, our e-mails, and our laptops. So it struck me, why not “Spring-clean” our SYSPRO data and systems? (more…)
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