The Logistics & Supply Chain Management Society
AUGUST 19, 2022
This article was originally written and published for DHL in January 2020 and focused on the trade wars and how to leverage opportunities for tariff reductions. Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources.
Supply Chain Opz
JANUARY 29, 2020
Therefore, the challenge to establish the ranking method is to find a more economical data source and the unbiased metrics. Books We Recommend - Purchasing Book - Six Sigma Books - Operations Management Book - Inventory Control Book - Lean Books - International Business Book Last review and update: January 30, 2020
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Unleashed
OCTOBER 4, 2021
Since 2004 Samsung has also been using the Lean Six Sigma method, which is a management technique aiming at sustained improvement of manufacturing processes through statistical & financial analysis. The five key steps of Lean Six Sigma are define, measure, analyse, improve and control – usually referred to as DMAIC.
SCMDOJO
JUNE 21, 2023
It involves outsourcing the entire supply chain function to a third-party provider who manages everything from sourcing raw materials to delivering finished products to customers. According to a paper by Len Prokopets and Ramin Tabibzadeh from Archstone Consulting , initial sourcing transactions can yield a 5% savings.
Elementum
JUNE 22, 2022
Lean Manufacturing may be the best known of these broad “cost-only” process management philosophies, but other common methodologies like Just-in-Time, Kaizen, and Six Sigma similarly endorse a “ cut at any cost” mindset. Single Sourcing: A Dangerous Way To Save Let’s take an example like single-sourcing. Dual sourcing?
Requis
NOVEMBER 18, 2020
Thanks to my background in finance and Six Sigma, I can start by asking what the baseline is, what is the agreed measurement of the baseline, and then we work towards improvement, and quantify again. 2020 is supply chain’s year. As a sourcing manager for Cummins she managed $165M in annual spend.
SCMDOJO
MAY 18, 2023
It is now feasible to hire demand planners or sourcing managers who can be located anywhere, eliminating the need to be close to the organization’s office space. In fact, UpCounsel was recognized as part of the prestigious Marketplace 100 list by a16z in 2020.
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