The Network Effect

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Do Lean and Six Sigma have a place in tomorrow’s supply chain?

The Network Effect

Before I answer the title question, let’s have a quick refresher on what exactly Lean and Six Sigma are. Lean , on the other hand, analyzes process flow and related outputs, including waste. Lean is all about introducing Straight Through Processing coupled with flexibility where required across processes. Edwards Deming.

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What’s the biggest cause of poor performance in every supply chain?

The Network Effect

Included in this evolution will be simultaneous efforts focused on organizational change, process reengineering, and lean/six sigma program management. The fifth stage is where the concept of variation become very important. Variation is most likely the biggest cause for poor performance in any supply chain.

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How Today’s E-commerce Requires the Evolution to NEXT

The Network Effect

Omnichannel logistics is a multichannel approach to network planning, combined distribution centers/fulfillment centers/returns centers/liquidation centers and lean facilities planning.

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Cross Purposes: Does demand planning belong with merchandising or supply chain?

The Network Effect

Therefore he/she has a tendency to “keep the forecast lean” to avoid carryover inventory after a promotion or selling season. Therefore he/she has a tendency to make optimistic projections and bias the forecast upward, knowing that a higher forecast will buy more inventory, thereby (theoretically) reducing the likelihood of lost sales.

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Can Technology Predict the Presidential Election?

The Network Effect

For today’s always connected voters, we really need to get visibility into their “micro moments” to understand evolving intent and leanings. It is no longer sufficient to select a random sample, conduct a poll, assess the margin of error and then make a prediction. Take a look at […]. appeared first on The Network Effect.

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Why a network model makes sense for today’s automotive suppliers

The Network Effect

Strategies around lean replenishment and logistics must be deployed to accomplish performance goals, many of which may be required to remain in good standing. Automotive Subsystem and Tier 1 customers are requiring that their Tier 2 Suppliers generate process innovation around lean manufacturing and logistics.

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What’s new in the automotive supply chain? (Hint: Inventory Replenishment Policies)

The Network Effect

In fact under today’s prevailing strategies around Lean, many companies are implementing technologies that will allow them to move from push to pull. Truckload optimization is simpler under this technique, but a price is paid in excess and obsolete inventory.