5 Ways Business Improvement Process (BIP) Services Can Help Your Business


“Business Improvement Process services can help your company streamline operations and increase its bottom line.  In a highly functional business, everyone – from the janitor to the CEO – work towards common goals.”  – Bob Wallace, President – WIH Resource Group

The purpose of a business improvement process (BIP) strategy is to evaluate and develop processes within a business that boost productivity and maximize profits. Many small to medium-sized businesses often regard them as an unnecessary expense, reserved only for the big corporations; however, every company—regardless of size or turnover—could benefit from making a formal assessment of their operations every once in a while.

If you’re thinking about investing in a process improvement strategy, but aren’t sure whether or not you can afford it, the following benefits may sway you in the right direction.

1 – Identifies Common Problem Areas

No business is perfect. Even Apple, the most valuable brand in the world, could make improvements. Having said that, there’s a reason why they’re at the top of their game: because they’re constantly refining their business model. Tech giants like Apple, Tesla and Microsoft spend phenomenal amounts of money on identifying and rectifying problems in order to streamline their operation. While the costs may seem great, an ounce of prevention is worth a pound of a cure.

2 – Improves the Customer Experience

Contrary to popular belief the customer is not always right; however, they always think they’re right. Improving customer experience starts by studying their wants and needs, and then delivering a competitive advantage. Behind every genuine complaint is a broken business process. While polite customer service staff can help, they aren’t always a solution. Sometimes you need to look deeper in order to improve your company’s front-of-house.

3 – Reduces Response Time

When people pay for goods or services they not only expect to get their money’s worth, but also a delivery in a timely fashion. A satisfied customer will come back to you again and again. In fact, most businesses generate around 80 percent of their revenue from repeat business. If you aren’t seeing similar results, something could be wrong. By removing non-value-added tasks and re-structuring your organization, you could dramatically reduce response times without hindering quality. This will give you a major advantage over your competitors.

4 – Improves Asset Productivity

Assets are acquired for one reason only: to produce profits. Whether it’s staff, equipment, facilities, technology or any other form of intellectual property, few managers will measure how well these assets are performing. Process improvement methods for businesses will help you quantify this data in layman’s terms, showcasing what’s working, and most importantly, what’s not working. This information can then be used to implement beneficial changes.

5 – Drives Everyone Towards Common Goals

It’s surprising how many businesses start trading without knowing what they’re actually working towards. In a highly functional business, everybody – from the janitor to the CEO – will work towards common goals. You must define your mission statement in order to succeed. Part of process improvement is about identifying goals and ensuring everybody works towards them,.

At the very heart of it, good business isn’t just about profit margins, it’s also about providing a safe, secure and happy environment for your staff. If you’re eager to make improvements that work for everybody, devising a process improvement strategy could be the fastest and most effective way of generating results.

CLICK HERE to check out WIH Resource Group’s Operational Performance Assessment (OPA) Services to help improve your business operations and financials.

Source: WIH Resource Group

WIH Resource Group’s team of expert witness litigation support professionals have a track record of success. Whether you’re facing a valuation dispute, damage assessment, contract claim, employee matter, safety incident, personal injury, landfill gas issue, or other pending legal action, our experts are ready to assist you.

For more information, visit our website by CLICKING HERE and contact us today to see how we can best serve you by phone at 480.241.9994 or by e-mail at admin@wihrg.com

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ABOUT WIH RESOURCE GROUP

Celebrating a decade in business, WIH Resource Group is a global provider of professional technical and management support services to a broad range of markets, including waste management, recycling, financials, transportation, M&A due diligence and support, alternative fuel fleet conversions, facilities, environmental, energy for private sector business and government clients.

WIH Resource Group is a leader in all of the key markets that it serves. WIH Resource Group provides a blend of global reach, local knowledge, innovation and technical excellence in delivering solutions that create, enhance and sustain the world’s built, natural and social environments.  WIH Resource Group serves clients in more than 175 key markets internationally.

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More information on WIH Resource Group and its services can be found at www.wihrg.com.

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ABOUT WIH RESOURCE GROUP

Celebrating a decade in business, WIH Resource Group is a global provider of professional technical and management support services to a broad range of markets, including waste management, recycling, financials, transportation, M&A due diligence and support, alternative fuel fleet conversions, facilities, environmental, energy for private sector business and government clients.

WIH Resource Group is a leader in all of the key markets that it serves. WIH Resource Group provides a blend of global reach, local knowledge, innovation and technical excellence in delivering solutions that create, enhance and sustain the world’s built, natural and social environments.  WIH Resource Group serves clients in more than 175 key markets internationally.

More information on WIH Resource Group and its services can be found at www.wihrg.com.

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Largest Companies by Revenue in Each State 2015: MAP


You may have seen the Largest Companies by Revenue map put together in June of last year, well we’re back with an updated version using Hoover’s 2015 data.  Last year’s map created so much buzz and insightful conversation that we deemed it essential to find out how it’s changed over the past year.  Using Hoover’s, a D&B Company, we searched through each state’s list of companies to find which had the largest revenue in the last fiscal year.  It was interesting to see how each company’s revenues have changed over the year (for better or worse) and to see if a new largest company had emerged.

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At first glance, you may ask, “Where are Apple and Microsoft?”  Yes, these are huge companies but this map is specifically looking at total revenue from the last fiscal year.  If we look at California with Apple vs. Chevron, there is a large discrepancy between market value and total revenues.  Apple’s market value as of March 31, 2015 was $724 billion while Chevron’s was only (and we use “only” lightly) $197 billion.  In terms of revenue, Chevron comes out on top with $203 billion in the last fiscal year while Apple had revenues of $182 billion.

Please note: We used Hoover’s company database as our source, not the most recent Fortune 500 list.  Location and state are based on the corporate headquarters of that company, no branches or foreign offices.  Lastly, we decided not to include any subsidiaries or government entities for the sake of staying consistent.

State 2014 Company 2014 Revenue (Billion) 2015 Company 2015 Revenue (Billion) Headquarters
AL Regions Bank $5.89 Regions Bank $5.40 Birmingham AL
AK Alaska Permanent Fund Corporation $4.44 GCI Inc. $0.91 Anchorage AK
AZ Avnet Inc. $25.45 Avnet Inc. $27.49 Phoenix AZ
AR Wal-Mart Stores $476.29 Wal-Mart Stores $485.65 Bentonville AR
CA Chevron Corporation $228.84 Chevron Corporation $211.97 Sam Ramon CA
CO Arrow Electronics Inc. $21.35 Arrow Electronics Inc. $22.78 Inverness CO
CT General Electric $146.04 General Electric $148.58 Fairfield CT
DE E.I du Pont de Nemours and Company $36.14 E.I du Pont de Nemours and Company $36.04 Wilmington DE
FL World Fuel Services $41.56 World Fuel Services $43.38 Miami FL
GA Home Depot International Inc. $85.53 Home Depot International Inc. $85.90 Atlanta GA
HI Hawaiian Electric Industries Inc. $3.23 Hawaiian Electric Industries Inc. $3.23 Honolulu HI
ID Micro Technology Inc. $9.07 Albertson’s LLC. $23.56 Boise ID
IL Archer Daniels Midland $89.80 The Boeing Company $90.76 Chicago IL
IN WellPoint $71.02 Anthem Inc. $73.87 Indianapolis IN
IA Transamerica Life Insurance Company $19.04 Transamerica Life Insurance Company $23.34 Cedar Rapids IA
KS Sprint Communications Inc. $34.56 Koch Industries $115.00 Wichita KS
KY Humana Inc. $42.31 Humana Inc. $48.50 Louisville KY
LA CenturyLink Inc. $18.09 CenturyLink Inc. $18.03 Monroe LA
ME Hannaford Bros. Co. $3.98 Hannaford Bros. Co. $4.41 Scarborough ME
MD Lockheed Martin $45.35 Lockheed Martin $45.60 Bethesda MD
MA Liberty Mutual Holding Company Inc. $38.50 Liberty Mutual Holding Company Inc. $36.94 Boston MA
MI General Motors $155.42 General Motors $155.92 Detroit MI
MN Cargill Inc. $136.65 UnitedHealth Group $130.47 Minnetonka MN
MS Sanderson Farms Inc. $2.68 Koch Foods Incorporated $2.80 Flowood MS
MO Express Scripts Holding $104.09 Express Scripts Holding $100.88 St. Louis MO
MT Stillwater Mining Company $1.03 Stillwater Mining Company $0.94 Billings MT
NE Berkshire Hathaway $182.15 Berkshire Hathaway $194.67 Omaha NE
NV Las Vegas Sands Corp. $13.76 Las Vegas Sands Corp. $14.58 Paradise NV
NH Sprague Resources LP $4.60 C&S Wholesale Grocers Inc. $21.70 Keene NH
NJ Johnson & Johnson $71.31 Johnson & Johnson $74.33 New Brunswick NJ
NM Presbyterian Healthcare Services $4.60 Presbyterian Healthcare Services $2.05 Albuquerque NM
NY Verizon Communications $120.55 Verizon Communications $127.07 New York NY
NC Bank of America $101.69 Bank of America $95.18 Charlotte NC
ND MDU Resources Group Inc. $4.46 MDU Resources Group Inc. $4.67 Bismarck ND
OH Cardinal Health $101.09 The Kroger Co. $108.46 Cincinnati OH
OK Love’s Travel Stops & Country Stores Inc. $26.09 Love’s Travel Stops & Country Stores Inc. $26.09 Oklahoma City OK
OR Nike Inc. $25.31 Nike Inc. $27.79 Beaverton OR
PA AmeriSourceBergen $87.95 AmeriSourceBergen $119.56 Chesterbrook PA
RI CVS Caremark $126.76 CVS Caremark $139.36 Woonsocket RI
SC Sonoco Products Company $4.48 Sonoco Products Company $5.01 Hartsville SC
SD Sanford Health $3.10 Poet LLC. $6.00 Sioux Falls SD
TN FedEx Corporation $44.28 FedEx Corporation $45.46 Memphis TN
TX Exxon Mobil $438.25 Exxon Mobil $411.93 Irving TX
UT Huntsman Corporation $11.07 Huntsman Corporation $11.57 Salt Lake City UT
VT Keurig Green Mountain Inc. $4.35 Keurig Green Mountain Inc. $4.70 Waterbury VT
VA Freddie Mac $81.22 The Long & Foster Companies Inc. $42.70 Chantilly VA
WA CostCo Wholesale $105.15 CostCo Wholesale $112.64 Issaquah WA
WV West Virginia University Hospitals Inc. $1.38 Mylan Pharmaceuticals Inc. $1.24 Morgantown WV
WI Johnson Controls Inc. $42.73 Johnson Controls Inc. $42.82 Milwaukee WI
WY Cloud Peak Energy Inc. $1.39 Cloud Peak Energy Inc. $1.39 Gillette WY

Sources: Hoover’s Inc. A D&B Company, Fortune, Broadview Networks

Published by: WIH Resource Group, Inc.

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ABOUT THE FOUNDER of WIH RESOURCE GROUP
Bob Wallace, MBA is the Founder and a Principal of WIH Resource Group, Inc. and has over 27 years of experience in waste and recycling collections programs management, transportation / logistics operations, alternative fuels (CNG, LPG, RNG, LNG & biodiesel), Fleet Management, Operational Performance Assessments (OPAs), Waste-by-Rail programs, recycling / solid waste operations, transfer stations, landfills, planning and development. Mr. Wallace has extensive experience in working with clients in both the private and public sectors. Prior to WIH Resource Group, Mr. Wallace served as the Director of Transportation & Logistics for Waste Management, the largest provider of waste management and recycling services in North America. He can be reached at bwallace@wihresourcegroup.com or 480.241.9994. For more information visit http://www.wihrg.com

Contact WIH Resource Group
For more information, Visit our website by CLICKING HERE and contact us today to see how we can best serve you by phone at 480.241.9994 or by e-mail at admin@wihrg.com

WIH Resource Group’s Diversified Client-Specific Services include:

  • Waste Management Consulting
  • Recycling Programs Optimization
  • Alternative Fuels for Truck Fleets
  • Research & Polling – Customer Satisfaction Surveys
  • Landfill Operations Consulting
  • Business and Assets Appraisals & Valuations
  • Collection, Processing, Transfer & Disposal Procurement
  • M&A Due Diligence
  • Waste to Energy & New Technology Evaluation Environmental Services
  • Expert Testimony/Litigation Support
  • Facility Planning & Design
  • Finance and Economic Analysis
  • Mergers, Acquisitions and Divestitures
  • Operations & Performance Assessment (OPAs)
  • Planning – Solid Waste, Recycling and Program
  • Program Management & Capital Project Planning
  • Rates, Financial Analyses & Appraisals
  • Rates and Regulatory Support
  • Recycling Program Design
  • Renewables / Clean Energy Technology

Click here to request more information about these services & WIH Resource Group

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ABOUT WIH RESOURCE GROUP
WIH Resource Group is a global leader and provider of comprehensive waste management consulting, recycling, transportation / logistical and business solutions, specializing in, among other services, waste management operational performance assessments, financial analysis. transportation / logistics, alternative fuel solutions, solid waste planning, waste and recycling market studies, business development, business valuations, due diligence and Mergers and Acquistions (M&A) transactional support and environmental services.

WIH Resource Group’s experience includes the oversight of operations, maintenance, finance, human resources, business development, sales, safety and environmental compliance while maintaining responsibility for multi-million dollar publicly and privately held assets including: a variety of collection operations, Sub-title D and hazardous and Class II landfills, transfer stations, intermodal facilities, recycling centers, buyback centers, material recovery facilities, vehicle and container maintenance operations, call centers and payment processing operations.

Based in Phoenix, Arizona, the company serves both private companies and public sector Agency clients throughout North America and internationally.  To learn more about WIH Resource Group, Inc. visit http://www.wihrg.com .

For Additional information on WIH Resource Group, Inc. contact:
Bob Wallace, Principal & VP of Client Solutions
WIH Resource Group – Waste Management, Recycling and Logistical Solutions
Email: admin@wihrg.com Phone: 480-241-9994

Website: http://www.wihrg.com
Daily News Blog: http://www.wihresourcegroup.wordpress.com
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WIH Resource Group’s White Paper on Compressed Natural Gas (CNG) Fuel Use in Refuse Collection Vehicles Industry is Available for Purchasing:   The entire 65-plus page report and Appendices: $299.00 US Funds – Visa and Mastercard Accepted.

CLICK HERE to Order Your Copy today!

Phone: 480.241.9994 ~ E-mail: admin@wihrg.com

Should you have any questions about this news or general questions about our diversified services, please contact Bob Wallace, Principal & VP of Client Solutions at WIH Resource Group and Waste Savings, Inc. at admin@wihrg.com

Feel free to visit our websites for additional information on our services at: http://www.wihrg.com and our daily blog at https://wihresourcegroup.wordpress.com

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About Invigorated Solutions

Passionate about life, learning, love and sharing their experiences of life, Bob & Tracy Wallace enjoy sharing their invigorated (energizing) solutions / advice and useful life tips for living life to the fullest on their popular life development blog, “Invigorated Solutions”.  Click HERE to visit our website for more valuable information.

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