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Supply chain segmentation refers to a process where suppliers and customers are segmented into groups depending upon certain factors. Such segmentation allows supply chain management the ability to allocate resources appropriately to meet the needs of different supply chain segments. Supply chain segmentation is not new. In the 1980’s, Peter Kraljic developed a two-by-two matrix...

Generally, expert appraisers value businesses by considering three different methodologies: The Market Approach The Asset Approach The Income Approach The market approach-the rarest form-generally observes comparable sales in the market. The asset approach gains preference when a business voids ongoing concern-meaning the business is too new to support an asset-backed or income-based valuation, no longer...

Largely created by the Covid-19 pandemic, present-day shifts in organizational trends accentuates how different leadership styles impact the effectiveness of your efforts. While several different leadership styles exist in today’s world, the most effective one directly depends on you and your team culture. Becoming a good leader requires a great deal of time, patience, and...

In today’s complex environment, organizational problem-solving methods demand regular improvement based thinking to move towards a long term goal.  “Kaizen”, a Japanese word, translates as “change for better” and refers to the activities used to continuously improve business processes. Furthermore, a kaizen event is a short term business improvement process aimed to resolve problems in...

With high stake first impressions determining an entrepreneur’s ability to secure investment, we are often asked by business leaders how to best present to investors and effectively respond to their questions. The most common concern is creating fear and rattling even the most confident entrepreneurs- getting a question they don’t have the answer to. They...

Largely misidentified as an admittance of incapability, the word counsel regrettably turns away even the most strayed individuals. At MCDA CCG, INC., we have helped a growing number of businesses overcome their greatest challenges and streamline even the most complex procedures, but misconceptions surrounding business consulting discourages some from reaching for a helping hand. Unfortunately,...

With complex system implementation creating room for additional error, failed implementations are all too common. Troubled implementations commonly run way over budget, behind schedule, and/or fail to deliver expected business benefits. If you have experience-or are currently experiencing-a failed implementation, you know how devastating it can be for an organization. The aftermath of this type...

Without a doubt, companies embracing the future of technology stay ahead of the game upon the implementation of a successful ERP System. The key word here being successful. While it is in the best interest of many companies to pivot-or continue to pivot- their operations to optimize efficiency in their workplace, doing so comes at...

  Often relying on manual spreadsheets or a consortium of software, many small and medium sized manufacturers currently experience relentless strain dealing with low operating margins, slow order-to-cash cycles, delayed payments from customers, increased overhead costs- and the COVID-19 pandemic to further enhance problems. Many of these manufacturers have been operating with minimal staff while...

What is a Change Management Plan? A change management plan is the outline that informs the use of tools and processes for managing the people side of change. The importance of change management stems from the fact that your employees (or end users) determine the success of your project. Some key aspects of an effective...