Articles

COVID-19 Quick-Response FDA Compliance for Medical Device Manufacturers

  • On 03/31/2020
Here's what manufacturers redirecting their efforts towards COVID-19 countermeasures need to know. The Food and Drug Administration (FDA) has taken measures to provide medical device manufacturers developing countermeasures against COVID-19 with a fast-track option for obtaining FDA authorization and liability immunity. (This article is intended only for educational purposes, not to provide legal or business […]
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Don’t Let COVID-19 Travel Restrictions Ruin Your Continuous Improvement Initiatives

  • On 03/31/2020
There are a number of continuous improvement areas that can be effectively addressed remotely without the need for travel   Whether mandated or voluntary, reduced travel during the COVID-19 pandemic doesn't mean you can't develop and implement continuous improvements using remote teams.  On the bright side, the current standdown for some businesses means that more […]
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Demand Forecasting: How Not to Do It

  • On 12/30/2019
Many manufacturers and distributors encounter common pitfalls when formulating their demand forecasts and operational planning   The old adage is that forecasts are always wrong.  Since no one can see into the future, this is certainly true.  However, we can observe how our forecasts are wrong over time and optimize them accordingly in a way […]
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M&A Spotlight: Buy-Side Due Diligence for Manufacturing Fixer Uppers

  • On 12/06/2019
With a fixer upper, the need to understand the target company’s prospects for realistically making tangible operating improvements takes on a special significance   While buy-side due diligence can and should be comprehensive and multi-disciplinary, operational due diligence takes on a special significance when contemplating the acquisition of a manufacturing fixer upper.  A finance-oriented view […]
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Do Your Underperforming Suppliers Need an Intervention?

  • On 11/29/2019
There are practical steps you can take to improve critical suppliers' delivery performance   Let me be blunt:  Sometimes it takes two to tango when it comes to maintaining the health and performance of your supply chain.  This is particularly true for larger companies that have smaller suppliers who can be dramatically affected by the […]
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