Group50 Consulting

Manufacturing seeks to produce as many goods as the market will buy at the lowest possible cost. Machines and robotic automation are essential for this to be achieved. There are two types of...

Mergers and acquisitions (M&A) are partnerships between two or more businesses. In a merger, two or more companies that are on equal terms join forces to create a new enterprise. In an acquisition, a...

Lean manufacturing is a production method that aims to reduce waste while increasing efficiency in the manufacturing process. Waste is defined as everything that fails to provide value to customers...

Strategic planning is typically done keeping mid- and long-term goals, their implementation, and evaluating the impact on organizational objectives. This is an ongoing process wherein an organization...

In today’s rapidly evolving business landscape, organizations face increasing pressure to adapt, innovate, and execute strategies effectively. Many companies struggle with aligning their teams...

Embracing digital transformation was the one thing that businesses learned during the pandemic. This meant that small and medium-sized enterprises (SMEs) like yours could make use of new technology to...

A supply chain is a systematic procedure that involves businesses, people, tasks, and resources to transport goods from a supplier to a buyer or end user. Supply chain management (SCM) controls all...

Although supply chains have existed for years, companies of late have begun to pay attention to them as a value addition to their operations. Earlier, supply chains were focused on the availability...

Lean manufacturing is a production philosophy and methodology aimed at reducing waste, improving efficiency, and maximizing value for the customer. It focuses on creating more value with fewer...

Continuous improvement (CI), also known as Kaizen, is the process of making small incremental changes that add up to significant results. It consists of 3Es – Efficiency, Effectiveness, and Execution...

What is an organization An organization is a collection of people who join together to achieve some common goals and objectives. Also commonly referred to as a a company, institution, association...

In today’s dynamic and competitive business environment, organizations face the challenge of constantly evolving to meet both internal and external demands. This evolution often requires strategic...

Strategic planning is vital for an organization as it establishes sequences for the realization of the stated future vision of an organization. It bridges the gap from overall direction to specific...

IntroductionIn a rapidly evolving global marketplace, supply chains have become more than just operational frameworks; they are now strategic drivers of business success. Companies across industries...

Strategic planning is a critical element for any business looking to succeed in an ever-changing marketplace. Whether you are an emerging business or an established organization, the right strategic...