Bicycling, and Planning Software??

What do long bicycle rides have in common with new planning software?  Maybe not much except they are two things I’ve been spending a lot of time on lately.

I completed my first cycling century (100 miles) at the end of last month. It took a lot of dedicated training time to get ready for it.  I’ve also been busy the past several months helping clients investigate new software for supply and demand planning and MRP.  It takes a lot of work to find a good fit.

When you commit to an endurance sport like a cycling century or a marathon it is important to count the cost and prepare well before you start.  If you don’t prepare adequately, you probably won’t be able to finish. Likewise, if you do not prepare well for your software selection, you may find yourself with a tool that does not get you over the metaphorical finish line of getting your planners out of Excel spreadsheets for planning.

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Refining Project Scope to Make the Best Use of Capital

Allocation of capital can be critical to the long-term success of your company. How can you know you are doing the best projects when your company your capital expenditure (capex) is limited?

A recent report from Credit Suisse indicates that the capex of large U.S. companies dropped last year. The top 1,500 listed US companies allocated only 6.1% of revenues to capex. However, a company that spends capital wisely has a tremendous opportunity to build value.

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