Prime Advantage Blog

Try This Trick When Solving a Problem

Posted by Joe Ptak on Jul 13, 2017 3:22:00 PM

There are an infinite number of ways to attack a problem. Granted, some techniques are significantly better than others -- rebooting your frozen computer is probably a better idea than a series of right-handed jabs to the screen, though both are technically attempts at solving the issue. That said, the solutions we come up with will inevitably always be drawn from our experiences and what we think we know. So the true challenge is to tap into the depths of our brains to pull out the best of what’s floating around in there.

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Topics: Talent and Leadership

5 Tips For Retaining Your Best Employees

Posted by Guest Contributor on Jul 6, 2017 2:50:00 PM

Prime Advantage has invited industry experts to share insights on achieving manufacturing and business success. In this post, freelance writer and marketing consultant, Lisa Michaels, discusses what companies have to do to keep their best talent.

As a business owner or manager, you may be well aware of how vital your employees are to the success of your business. Your best employees are responsible for increased product sales, customer satisfaction and other critical elements of success within your organization. If you want to promote the long-term health of your company, you need to focus your attention on improving employee retention.

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Topics: Talent and Leadership

5 Benefits of Cloud Computing for Your Business

Posted by Guest Contributor on Jun 29, 2017 2:30:00 PM

Prime Advantage has invited industry experts to share insights on achieving manufacturing and business success. In this post, freelance writer and marketing consultant, Lisa Michaels, discusses how companies are profiting by incorporating cloud computing.

Businesses used to be limited in their computing power because of hard-drive constraints. One computer had to be managed by the business with constant upgrades to keep up with an expanding customer base. With cloud-based computing, an entire world opened up to businesses of all sizes.

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Topics: Analytics and Technology

How Companies Are Reducing Healthcare Costs

Posted by Mike McDonald on Jun 27, 2017 12:15:00 PM

With the costs of healthcare continuing to surge, and as legislators in Washington continue to be at odds with each other on what solutions will stop to bleeding, it’s clear that it’s time for businesses to be proactive in corralling their own spending. One of the most effective ways many are finding relief is through the Prime Advantage Healthcare Program. This package creatively integrates comprehensive insurance, wellness benefits, and an online platform for cost reduction results never quite seen before. Check out the infographic below to learn about this seamless program and contact us today if you’re interested in saving on what has become such a debilitating expense for so many companies.

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5 Ways to Improve Order Picking Productivity

Posted by Guest Contributor on Jun 23, 2017 8:15:00 AM

Prime Advantage has invited industry experts to share insights on achieving manufacturing and business success. In this post, Tim Neroni, President and Managing Partner at KMH Systems, Inc., discusses methods to create a more efficient order selection process.

Everyone from your temp workers, full time operators, managers, directors, all the way up to VPs, need the ability to communicate where they see ways to improve your bottom line. Beyond running diagnostics or shifting your warehouse design around, sometimes it can be helpful to have an open and honest discussion with everyone on your staff. Your employees will not only tell you about problems that you may not know exist, but may solve them just as quick and often in the same meeting.

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Topics: Talent and Leadership

How Artificial Intelligence is Empowering Procurement

Posted by Alison Chebuhar on Jun 21, 2017 10:40:00 AM

As the role of purchasing continues to expand and time becomes more scarce, it’s good to know that help is on the way. Though artificial intelligence isn’t “help” in the traditional sense, its capabilities for strengthening procurement aren’t either. The benefits of AI are much more significant. And if your firm delays in embracing AI, it will be giving the competition who makes it a priority a leg-up. Any company looking to perform true strategic sourcing will need AI’s assistance in tackling the challenging and nuanced task.

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Topics: Industry News, Procurement

4 Best Practices to Generate Company Buy-In

Posted by Guest Contributor on Jun 13, 2017 9:15:00 AM

Prime Advantage has invited industry experts to share insights on achieving manufacturing and businesssuccess. In this post, Steven Nghe of Kloeckner Metals discusses the steps to getting your company on board with your goals and ideas.

In business, there’s long been the concept of A, B, and C players. The A players are the powerhouse members of the team. They’re attracted to challenges, they complete projects above expectation, and they innovate. Meanwhile, B players are accurate, reliable, and consistent; and C players coast. The term was popularized by Jack Welch, CEO of Generic Electric, who had a policy of forced ranking employees and “letting go” of the bottom 10% each business unit.

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Topics: Supplier and Member Best Practices, Talent and Leadership

Procurement’s Growing Need to Crowdsource

Posted by Dan Grant on Jun 8, 2017 9:15:00 AM

None of us is as strong as all of us. And that’s true for all walks of life -- whether you’re playing tug of war, donating to a charity, or trying to come up with a creative solution. The more bodies and -- more importantly -- the more minds you can string together will exponentially increase your chances of reaching your goal. And the world of procurement is seeing this more than ever as it is crowd sourcing to help uncover innovations and solutions to help solve its growing needs. As job responsibilities continue to pile up, even the most elite buyers cannot keep up with every trend, best practice, and new regulation. They’re seeking out “the crowd” and becoming much wiser because of it.

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Topics: Procurement

Technology Trends Driving The Future of Manufacturing

Posted by Guest Contributor on Jun 6, 2017 2:00:00 PM

Prime Advantage has invited industry experts to share insights on achieving manufacturing and business success. In this post, tech enthusiast and freelance writer, Heather Redding, discusses the technologies changing the face of manufacturing.

Like all industries, the world of manufacturing is in the midst of a technological revolution. Traditional industries are being reshaped by technical innovation and things are getting more competitive and faster moving than ever. It's important for businesses to understand the latest technology trends and use this knowledge to bring new products to market and improve processes. In addition to products being improved and costs lowered, the customer experience is being enhanced through customization and speed. Here are some technology trends that are driving the future of manufacturing.

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Topics: Manufacturing, Industry News

5 Supply Chain Risk Myths That Will Cost You a Fortune

Posted by Joe Ptak on May 31, 2017 4:10:00 PM

The moon landing never happened. Lightning never strikes the same place twice. Pigeons blow up if you feed them uncooked rice. As you can see, unsupported, and at times ridiculous, myths are all around us. The world of supply chain management is no different according to Bill DeMartino, General Manager of North America at riskmethods. This was driven home during a recent webinar for Prime Advantage Members entitled, “Five Common Misconceptions in Supply Chain Risk Management.”

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Topics: Supply Chain

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