article thumbnail

Supplier Risk Management Considerations for the Coronavirus Outbreak

ivalua

Even more concerning is that the death toll has spread outside of mainland China and ships outside of ports in Hong Kong and Japan are being quarantined. . This will impact manufacturers and retailers who rely on these products and labor, the logistics haulers expecting to transport the material, and ultimately the end consumers. .

article thumbnail

Coronavirus Highlights Fragility of Global Supply Networks

Jaggaer

Since the outbreak of SARS in 2003, the last major epidemic to hit China, the country has become even more important as a source of key components and materials as well as finished consumer goods. China ’ s economy has grown in leaps and bounds from roughly 4% of world GDP in 2003 to 1 6% today. Telecommunications equipment.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Lean Six Sigma for SMEs: A Path to Continuous Improvement

SCMDOJO

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.

article thumbnail

Supply Chain Disruptions Are New Opportunities – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

Unlike SARS in 2003, the Covid-19 pandemic has spawned an unprecedented Global health pandemic. In a highly globalised and integrated world economy, China plays a pre-eminent role as a manufacturing heavyweight – the factory of the world representing 17%-20% of world GDP.

article thumbnail

Can Auto Industry Hero Carlos Ghosn Reboot Troubled Mitsubishi Motors?

Elementum

The test affected 157,000 eK Wagon and eK Space cars, and 468,000 Dayz and Dayz Roox Nissan cars, which were manufactured for Nissan. Nissan will also utilize Mitsubishi’s expertise in the kei car and pickup truck segments in Japan. The company’s shares then dropped 15% in Tokyo – their biggest fall in almost 12 years.

article thumbnail

Industry 3.X and TPM deciphered

KEPLER Consulting

The JIPM (Japan Institute for Plant Maintenance) has defined in 1989 the eight pillars of the TPM management approach : Autonomous management and maintenance of equipment. All these technologies combined to other technologies such as additive manufacturing, for example 3D printing, selective laser sintering, cobotic, AGV, etc.,