2024 Maze

2024 Maze

Kormac Insights

January 31, 2024

2024 Maze
Feeling a little lost in 2024?

Feeling a little lost in 2024? 🤔 Businessweek captured the sentiment perfectly on their recent cover. While 2023’s anticipated recession never arrived, geopolitical uncertainty poses continued challenges to forecasting, planning, and execution. That’s why Kormac is committed to helping our client partners cultivate resilience.

To increase operational and supply chain resilience, we often assist clients with:
• Establishing comprehensive SIOP to provide early warning signals and management levers for adjusting course
• Rationalizing global footprint to improve manufacturing and distribution efficiency
• Right-sizing inventory to ensure high levels of service while delivering working capital efficiency

In short, Kormac helps clients extend foresight, improve execution, and minimize risk in any business climate.

Related insights:

• Avoid the caution trap: Research has corroborated Teddy Roosevelt’s adage, “In any moment of decision, the best thing you can do is the right thing, the next best thing is the wrong thing, and the worst thing you can do is nothing.”

• Uncertainty can be a liberating force: It need not be paralyzing, especially given the opportunities to embrace new possibilities and cultivate organizational flexibility and agility.