Seeking FDA De Novo Classification for Innovative Medical Devices

  • Posted by altemir
  • On 04/23/2019
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Medical device manufacturers that develop novel new products may face a challenge when seeking FDA regulatory compliance   If a new device represents a significant innovation, then it may not be seen as substantially equivalent to any pre-existing products.  Creating a groundbreaking new technology is great, except when it comes to assessing its potential risk […]
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ERP Optimization as a Pathway to a Future System Upgrade

  • Posted by altemir
  • On 02/08/2019
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Many manufacturers and distributors reach a point where they wonder whether they should invest in a new ERP system or simply improve the utilization of their current system.  We present a practical strategy to facilitate this decision. Businesses that have undergone a management change or have reached an inflection point in their growth may be […]
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Trivia Question: Should You Reschedule Production Whenever Machines Go Down or Workers Call in Sick?

  • Posted by altemir
  • On 01/13/2019
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We examine the circumstances under which production rescheduling can either be helpful or hurtful in driving on-time performance.  The answer may surprise you. I suspect that the majority of manufacturing and production control managers believe that their ERP shop floor calendars should ideally be updated whenever unplanned events occur in order to keep the production […]
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Poor Inventory Accuracy and How to Effectively Correct it

  • Posted by altemir
  • On 01/04/2019
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Poor inventory accuracy can wreak havoc on operations and financial accounting.  Organizations often make up for inaccurate inventory by purchasing or manufacturing more stock than is necessary.  The implications of ineffective inventory management practices can include low customer order fill rates, backorders, long lead times, work stoppages, underutilized labor, frequent wall-to-wall physical inventory counting, inaccurate […]
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Dallas, Texas ERP Consultant

  • Posted by altemir
  • On 11/08/2018
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ERP Consultant - Dallas, Texas Altemir Consulting is a Dallas ERP consultant that specializes in manufacturing supply chain businesses.  We provide Dallas manufacturing ERP consultant services including: System selection System implementation ERP optimization, particularly in the areas of inventory control, production scheduling, and shop floor control We believe in instituting system and process improvements that address […]
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How to Employ a Manufacturing Operations Consultant Without Adversely Affecting Cash Flow

  • Posted by altemir
  • On 11/08/2018
  • 0 Comments
Many manufacturers don't realize how they can employ an operations consultant without negatively affecting cash flow or valuation  Most small to medium size businesses would benefit from the additional management bandwidth and boots on the ground that an experienced operations consultant can provide.  This is particularly true when the ownership is preparing for a future […]
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Preparing Your Manufacturing Business for Sale

  • Posted by altemir
  • On 10/29/2018
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Improve your profitability and maximize your valuation   A recent study showed that 75% of business owners regretted selling their business 12 months after closing.  This metric addresses the deep regret owners experience when thinking about what they could have done better when selling their business. There are two factors that typically drive the value […]
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So You Want to Sell Your Business for a Higher Multiple …

  • Posted by altemir
  • On 10/24/2018
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We examine one of the principal quantitative factors that potential acquirers use to value small to medium businesses   There are many factors that a potential acquirer will consider when valuing a business for sale.  However, the most common valuation method used for small to medium businesses is to apply a multiple to the adjusted […]
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Why Having One Production Schedule is Not Enough

  • Posted by altemir
  • On 08/28/2018
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If you’re running ERP or APS scheduling, then you must know that one production schedule will probably not meet all your business needs   If you’re running ERP or APS scheduling, then you must know that one production schedule will probably not meet all your business needs.  You can test this assertion by selecting which […]
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Maintaining Inventory Based on Number of Days On-Hand is Probably Missing the Boat

  • Posted by altemir
  • On 08/08/2018
  • 0 Comments
There are More Cost Effective Ways to Optimize Target Inventory Levels   The single most effective way to ensure the availability of stock items is to maintain sufficient on-hand quantities without breaking the bank.  But how do you walk that fine line between having too much inventory and having too little? Whether we’re talking about […]
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