These are all symptoms of bad business practices. Check all that sound familiar:
| Inventory keeps going up, and no one knows what’s in there anyway. | |
| The company is still experiencing stock outs. | |
| The plant runs at full capacity, no matter what. |
|
| The IT department and budget are growing, but you can’t get basic reports. | |
| Bootleg systems are rampant. | |
| Electronic processes are more complicated than the paper
ones. |
|
| Layoffs and cost cutting have disrupted business and hurt morale. | |
| People spend more time tracking costs than doing real work. | |
| It takes all sorts of procedures, forms, approvals, to get anything
done. |
|
| Too many vendors; it's gotten impossible to manage. | |
| Vendor delivery and product quality are going down. | |
| Vendor systems are not compatible. |
|
| Customer returns and complaints are up. | |
| Competition is chipping away at your market share. | |
| Price cutting seems like the only way to compete. |
|
| Your company is not developing many new products. | |
| New product introductions haven’t been very successful. | |
| Haven’t entered any new markets in recent years. |
Tally up your checkmarks!
| 15–18 | OUCH! | You’re in a world of troubles—How are you going to start to get out of this mess? |
| 11–14 | Shaky | You are one step away from disaster—How are you going to turn it around? |
| 8–11 | So-So | You’re at the tipping point—Will you change and thrive or stay the same and start the decline? |
| 4–7 | Good | You’re in pretty good shape now—Can you afford to continue doing things the same way? |
| 0–3 | Excellent | You’re ahead of the pack—Will you be able to stay there? |
You are not alone. All companies develop bad habits over time. Complicated business processes sap your company of valuable resources: time, effort and money. Worse, you are becoming less competitive by squandering those valuable resources.
All this complexity is costing you money in:
| Wasted time | $$$ |
| Rejects, late orders, and rework | $$$$ |
| Customers’ and vendors’ frustration | $$$$$ |
Start working with Pierian today:
- Clean up those processes.
- Lower your costs and increase your productivity within weeks.
- Invest all that saved time, effort, and money—make your company more competitive.
Call +1-212-366-5380
Email adams@pierian.net