Canada’s immigration-driven population growth has fueled total GDP increases, but GDP per capita remains stagnant or declining. This divergence stems from the fact that while more workers expand the economy’s…
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North American companies are losing an estimated $1.8 trillion every year due to inefficient supply chains—nearly 8% of the region’s total GDP. That’s not just a staggering number; it’s a…
Boosting Productivity: Optimizing Resource Utilization In today’s fast-paced world, improving productivity is essential for maintaining competitiveness. Effective resource management plays a crucial role in achieving this goal. Converting inputs into…
President-elect Donald Trump’s announcement of a 25% tariff on all products imported from Canada is cause for concern and introspection as its are expected to be significant. Economic and Supply…
Kaizen, a Japanese term meaning “change for good,” embodies the philosophy of continuous improvement through incremental changes and taking a step-by-step approach. It includes the development of management training systems…
Continuing from our previous discussion on the importance of distinguishing between the supply chain and value chain, let’s explore how Value Stream Mapping (VSM) can be an effective tool for…
In the current volatile business landscape, created by the COVID-19 pandemic, it’s crucial for organizations to have a focused approach to improving productivity and using their resource effectively.
The lockdown levels to help deal with the Covid-19 pandemic have mostly had negative impacts on the South African small and medium sized businesses. Business owners state that the lockdown…
In the quest for sustainable and profitable business, individuals have to make continuous incremental improvements. The aim is to reduce or eliminate all types of waste and mistakes. We understand…
The Kaizen journey for continuous advancement is made up of incremental improvements every day. It acknowledges that mistakes happen and things go wrong. Individuals should learn from these experiences to…
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