Remove 2006 Remove 2007 Remove Inventory Remove Sourcing
article thumbnail

Lean Six Sigma for SMEs: A Path to Continuous Improvement

SCMDOJO

– Operational improvements (reduction of lead time, increase in productivity, and reduction in work-in-process inventory, etc.). While Lean focuses on eliminating waste and optimizing processes to achieve seamless workflow, Six Sigma targets reducing variation and improving quality through data-driven analysis and statistical tools.

article thumbnail

Measuring Up?

Supply Chain Shaman

To help, in this post, we provide you with some insights for the period of 2006-2015. In our analysis, only one out of ten companies successfully improves operating margins and inventory turns at the same time. The analysis is for two time periods: 2006-2015 and 2009-2015. The period of 2007-2008 was the great recession.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How Can We Heal the Global Supply Chain?

Supply Chain Shaman

In my work tonight, I carefully studied 2006-2015 financial results to select the Supply Chains to Admire winners. Higher percentage of growth than the industry average for the period of 2006-2015. Greater margin performance than the industry average for the peer group for the period of 2006-2015. Inventory Turns.

article thumbnail

Inflation is Back Up – Are you Ready?

Herlitz Inventory Management

Growing up with a father who developed inventory management software for a living spawned some interesting conversations around the dinner table. source: tradingeconomics.com. It hasn’t been lost here at Herlitz Inventory Management! source: thebalance.com. appeared first on Herlitz Inventory Management.

article thumbnail

VTech: A Story of a Supply Chain Leader

Supply Chain Shaman

I followed his journey during the period of 2006-2011, and wanted to check in with him to gain his insights on the selection of VTech as a finalist in the Supply Chains to Admire research. Inventory Turns. Better performance in inventory turns than the peer group average for the period studied. Operating Margin. About VTech.

article thumbnail

Will the Downturn Signal an Upturn?

Supply Chain Shaman

Vendor Managed Inventory processes–once hailed as the panacea of demand sensing–largely operate in isolation within sales organizations (of the thirty-three organizations that we interviewed last year, no market leader has connected these demand signals). I remember December 2007 like yesterday. They are not. Reflection.

article thumbnail

Ecommerce Venture Capital Trends: Which VCs & Seed Investors are Investing in Ecommerce?

ShipBob

It was the world’s largest VC firm in 2007 with over $20 million in assets during the year. Founded in 2006, this firm is slightly newer in comparison to others. Product sourcing. Product sourcing is the process of purchasing or creating products that you can sell. Greycroft Partners.

Trends 105