Cornerstone Consulting Blog

Managing Inventory Flow

Mar 20, 2019 11:09:00 AM / by Bill Currence posted in Manufacturing

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Controlling the flow of materials through your operation is key to maintaining a healthy bottom line. Your business is much like a bucket (inventory) with one faucet flowing in (raw materials) and another faucet flowing out (finished product) to customers. You want to control both faucets as much as possible to ensure your bucket never overflows or runs dry.

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What's The Value of Building Your Operation’s Neural Network?

Mar 8, 2019 4:42:00 PM / by George McAfee

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Is your organization paralyzed? Have you lost connection with vital senses? Are you being surprised at the end of month by higher costs and lower margins? Perhaps your operation’s neural network is missing or not populated with the appropriate information.

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Are You Fat, FIT, Frail, or Finished?

Feb 21, 2019 4:19:00 PM / by Bill Currence posted in Management Services

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In many ways, your company is a living, breathing organism. Think of your product as the food that keeps your company going. This means that the key to being financially healthy is to have the appropriate amount of product at all times.

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How to Manage Your Material Flow

Feb 4, 2019 5:42:00 AM / by Bill Currence posted in Manufacturing

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Every business wants to be known for meeting customer needs because reliable companies foster loyal and happy clients. So, how do you keep your customers sufficiently supplied and happy? It’s all about right-sizing for maximum FITness.

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Making the Most of Your Business’ Time

Jan 17, 2019 2:54:00 PM / by George McAfee posted in Management Services, Manufacturing

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Time is the most valuable resource in any operation. Why? Because it’s the only one that cannot be recovered once it’s consumed; it is the only true independent variable in life. Time cannot be managed or controlled, only wasted, so structuring work in a way that makes the most of the time available to your business is key in maximizing your efficiency and minimizing cost. 

fit manufacturing infographic

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Make Sure You're Paying the Right Price for an Acquisition

Jan 2, 2019 1:06:00 PM / by Chris Ostrander posted in Management Services, Consulting Services

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Buying or selling a business can be scary.  The key to success in buying another company is knowing the value that company will bring to your existing portfolio and paying a price to maximize that value.  This is not a simple task, by any means.  There are many factors to consider when determining the price you should pay for an acquisition; be sure to cover all the bases and conduct a thorough valuation of the company you’re considering before making an offer. 

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Finding a Firm that is the Right FIT

Dec 16, 2018 7:26:00 PM / by Bill Currence posted in Consulting Services

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When you reach out to a consulting firm, chances are you know you need help. You’ll probably have a lot of questions, including how much the service will cost and what exactly you’d be paying for. So, how do you decide which firm will do the best job for you without breaking the bank?

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How Can Cornerstone Help You?

Dec 6, 2018 1:42:00 PM / by Bill Currence posted in Manufacturing

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Working with Cornerstone—The Basics of a Partnership

Nov 20, 2018 3:30:00 PM / by Bill Currence posted in Insider

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If you’ve never worked with a consulting firm before, you may not know what to expect. The prospect of bringing somebody in to help may be daunting, but just like any other partnership, working with a consulting firm is all about building a mutually beneficial relationship. Cornerstone Consulting Organization (CCO) believes that open lines of communication are essential to a successful partnership, and it starts with the basics.

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Interdependency: Why We Need Each Other

Nov 4, 2018 6:47:00 PM / by Bill Currence posted in Consulting Services

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“No man is an island.” English poet John Donne addressed the basic human need to be a part of a community to thrive. Even before the Industrial Revolution, people recognized that everybody has a role to play and that collaboration is key to a functional society. This established interdependence extends to many aspects of our lives, primarily in the workplace, where three types of interdependence have emerged.

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