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The 3 Crucial Steps to Fast, Efficient Operational Due Diligence
In Part 1 of this two-part series, we examined just how important it is to every level of your business to ensure your operational due diligence is done as quickly and efficiently as possible. But the question remains: How do you speed up the operational due diligence process and reap the benefits of informed decision-making,…
Read MoreThe Importance of Streamlined Operational Due Diligence
It’s a common yet unfortunate situation: private equity investors spot a promising manufacturing business for acquisition. Initially, the numbers look good, and growth prospects seem feasible. Ideally, they would have enough time for thorough research. But reality isn’t perfect. So, they take a leap of faith and go ahead with the acquisition, hoping for good…
Read MoreNavigating High Interest Rates: Strategies that Actually Work
Interest rates have always had a profound impact on the manufacturing sector. As an economic inevitability, their rise can take businesses by surprise, triggering a series of responses to mitigate the effects. While I’m not an economist, throughout my decades in the industry I’ve noticed several trends in the industry as businesses grapple with these…
Read MoreWhat to Do about Your Supply Chain Problems
In recent years, supply chain resiliency has become a critical focus for businesses across industries. At CBS we were seeing supply chain challenges well before the COVID disruption of 2020. In fact, many of our clients in Aerospace were experiencing significant shortages in castings, bearings, and several other basic components required to support end item…
Read MoreTis the Season for Strategic deployment
The year has barely started and new challenges are already bringing a fresh wave of uncertainty. The truth is simple: it is critical to your success to finish strong and implement the strategic change that will position you for growth in the next 12 months. So to help you in your efforts, here’s a quick…
Read MoreVisual Management Control Systems & the Power of Keeping Score
Back in my days as a site lead in manufacturing, I had an operator who made a common problem all too clear to me. At the end of the shift, I asked him how his day had gone. “It was a great day,” he said. “Well, that’s good,” I said, then asked him what made…
Read MoreA Symphony of Success: Linking KPIs to Strategy in Manufacturing
As a strategic planning expert, I’ve seen firsthand how the right KPIs can help manufacturing companies achieve their goals. When KPIs are aligned with strategy, they can provide a clear roadmap for success. They can also help to identify areas for improvement and track progress over time. The Symphony of Strategy and Metrics I like…
Read MoreA Strategic Approach to Maximizing Machine Reliability
We’ve all been there before. The manufacturing floor is humming along, hitting deadlines, reaching quotas–all according to plan. And then… A machine goes down. All the progress your team has been making suddenly hits a wall. And the problems spiral out from there. It’s a simple fact of manufacturing production: machinery reliability is a crucial…
Read MoreA Fresh Approach to Optimizing Supply Chain Efficiency
If the COVID-19 epidemic taught the manufacturing industry anything, it was the significance of an efficient and streamlined supply chain. When supply chain issues arise, businesses often tend to solely focus on external factors and fail to recognize the potential for improvement within their own internal processes. Let’s take a look at the importance of…
Read More5 Things to Look for in a Consultant for Due Diligence
Imagine this scenario: your private equity firm identifies a promising acquisition target. The company appears well-run, with a stellar reputation and potential for operational improvement. Eager to seize the opportunity, your firm moves forward without in-depth operational due diligence. However, once the deal is sealed, unforeseen challenges emerge—working capital issues, quality challenges, operational vulnerabilities, or…
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