SCMDOJO
FEBRUARY 19, 2024
– Six Sigma can design and implement a company-wide and highly structured education and training regimen – No Six Sigma project will be approved unless the team determines the savings generated from it, hence focus on bottom-line savings. – Six Sigma creates a link between tactical actions and strategic focus.
The Logistics & Supply Chain Management Society
JUNE 30, 2022
Sourcing, manufacturing and consumption models will continue to evolve and the supply chain industry is positioned as a strategic partner to support companies in rationalising future decisions. Today, a dominance of production and sourcing is considered far-sourcing, driven by attractive labour rates in Asia.
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Herlitz Inventory Management
JULY 7, 2021
source: tradingeconomics.com. We encourage all our customers to schedule a refresher on Forward Buying training, and for anyone else who is interested to give us a call to learn more. source: thebalance.com. Have we lost the knowledge of how to be profitable during periods of high inflation? Fed raised rates. LTCM crisis.
Enterra Insights
MAY 4, 2020
From the outset, key lessons related to knowing the supply chain were at the forefront — not just the final link but key sources of supply related to materials, having contingency plans for interruption of supply, and understanding the capabilities and vulnerabilities of critical elements within the value chain.”[4]. ”[4]. .”[5]
Arena Solutions
MARCH 1, 2024
You are managing your suppliers, that is your vendors, and/or manufacturers, right off the components, and items inside of Arena, product data, you’ll have your supplier information, and you’ll manage both the supplier and the sourcing of those parts. The training plans will also set off automatic training notifications in the training world.
Supply Chain Opz
JULY 7, 2013
Both business people and supply chain professionals are trained to focus on the customers needs. Each customer in US or EU might already control the source of raw materials, ask you to provide dedicated production lines, nominate 3pl companies and air/sea carriers. 1) Adapt Supply Chain to Customers Needs.
Material Handling & Logistics
OCTOBER 26, 2018
Jim Shephard, president, Shephard’s Industrial Training Systems. ? SCOTT: Obviously tariffs, if implemented for the long-term, will impact global supply chain strategies—sourcing, nearshoring versus offshoring, etc. They developed a consistent method to train employees, then they assigned key individuals as mentors.
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