A Border Adjustment Tax (BAT) in any proposed new United States tax code has the potential to create significant winners and losers in a rapidly-changing domestic manufacturing market. Its proponents claim that the border adjustment tax will help rebuild US manufacturing--and hopefully the jobs that go with it--by creating pricing incentives to build products in (and export from) the US rather than import them.
How can a manufacturing business get the most out of a Border Adjustment Tax, and who will the biggest winners be?
Integrated mine planning consumes tremendous amounts of organizational resources and management attention. Yet the resulting plans often fail to provide complete confidence that the ore body is being extracted optimally.
By creating a Mine Plan Radar for your operation you will have a clear, visual representation of the alternatives in front of you, allowing you to simplify a complex reality and provide confidence in your operational plans and allocation of capital.
When you help businesses to solve their operations challenges for a living, you experience all the highs and lows of organizational problem solving culture. For a sampling of the lows, check out our playful tongue-in-cheek infographic below. To learn more about finding the simple, elegant solutions hidden within your operations, join one of our Stop Guessing Workshops.
When we’re brought into an organization to help it solve a hard problem, we’re often introduced to the situation like this: “Oh, the solution to this one is easy: we just need to build a whole new second well — or plant — or warehouse.” Then comes the next part of that statement: “And good luck getting capital approval for that.” The translation, to us, is that the people we’re talking to already know this problem can’t be solved, and so we’re either going to have to live with it, or throw a lot of money at it.
Some years ago I worked on a big problem in a food manufacturing plant. Fifty heat exchanger units, used to heat and sterilize a liquid food product, were prone to leaking through a mechanical seal that allowed them to rotate...
As consultants, we once helped a manufacturing plant director discover how we could save $20 million from his costs in the coming year. His response? “I don’t want $20 million. I only need $3 million to meet my objectives. Why would I contribute more than that?”...
You have probably found yourself in this meeting before - the emergency, all-hands-on-deck sit in scheduled to solve the new, big problem. It could be about people, customers, sales, a technical or quality issue--it doesn’t matter. Your group spends the first 10 minutes excitedly proposing solutions to the problem. These solutions are great, creative ideas that have sprung to mind.
The term ‘benchmark’ originates from surveyors marking a stone to act as a consistent reference point for where to place their equipment with each visit to a site. In life and work we now use benchmarks all the time as consistent reference points to measure performance against...
Earlier this year, Justin Trudeau and the federal Liberal government announced their intention to implement a Canada wide Carbon tax in the coming years, to the tune of $50/tonne at its peak. The reaction to this announcement was mixed, with recognizable names on either side of the debate.
“There’s no such thing as a stupid question”. You have probably heard that sentence before, maybe from a teacher or professor, encouraging you to raise your hand and participate in class. The concept of asking “stupid questions” doesn’t always resonate outside of the classroom.