Supply Chain Shaman
MAY 3, 2015
When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions. Tracking Progress.
SCMDOJO
FEBRUARY 19, 2024
Over the years, various methodologies have emerged to address this need, including lean manufacturing, Six Sigma, and the integration of both known as Lean Six Sigma (LSS). In this blog, we’ll delve into the integrated Lean Six Sigma approach, exploring its benefits, deployment models, moreover the implications for SMEs.
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Supply Chain Shaman
MAY 1, 2014
As hospitals adopted consignment planning programs, inventory progress slowed. The turns are the lowest of any industry, and despite investments in technologies and processes, inventory turns have only improved 3%, and Cash-T0-Cash (C2C) cycles have declined 4%. I dusted off a 2002 presentation from P&G to share with the audience.
Elementum
MAY 26, 2022
Some of the most successful firms have hung on for too long with failed philosophies and prioritization models — like Lean, and Just-in-Time provisioning. From 2002 to 2013, the cost of manufacturing in China increased almost 500%, making China significantly more expensive than places like India.
6 River Systems
MAY 8, 2020
” However, as we saw in China after SARS in 2002, it’s possible that ‘normal’ won’t quite look like what we’re used to. But have we taken too radical a view when it comes to inventory levels? Trying to “lean out” our supply chains has been the mantra for ages. We strive to reduce working capital.
Supply Chain Shaman
JANUARY 28, 2015
We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC). First Phase: 2002-2006. What suppliers need help with cost (LEAN, labor, freight,…)? We are also working on Sales and Inventory Operations Planning (S&IOP).
Logility
NOVEMBER 18, 2021
This is driving companies of all sizes to lean on technology to measure their emissions and identify opportunities for improvement. delivers affordable, easy-to-use supply chain planning solutions designed to increase forecast accuracy, improve customer service and reduce inventory to maximize profits and lower costs.
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