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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). 2007) According to Abramowich (2008) leading Six Sigma companies no longer just talk about quality or cost reduction. Hoerl, R.W.,

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Measuring Up?

Supply Chain Shaman

The average manufacturing company’s supply chain organization is 15 years old. To help, in this post, we provide you with some insights for the period of 2006-2015. Each year at Supply Chain Insights , we study the progress of public companies in manufacturing, retail and distribution sectors. A Look at History.

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How Can We Heal the Global Supply Chain?

Supply Chain Shaman

The traditional manufacturing job defined the middle class. Each time, I turn on the channel, manufacturing jobs frame the global debate. Ironically, as global manufacturing jobs decrease, there is a need for talent for the global supply chain. Higher percentage of growth than the industry average for the period of 2006-2015.

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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. Orbit Chart of VTech for the Period of 2006-2015 at the Intersection of Operating Margin and Inventory Turns . I remember September 2007 very well.

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Collaboration? When It Comes to Cash-to-Cash, We Don’t Know How to Walk the Talk

Supply Chain Shaman

Note the elongation of the cash-to-cash cycle in the chemical industry of 38 additional days when comparing the 2014-2019 averages to the pre-recession period of 2004-2006. All industries operate today with more inventory than in the pre-recessionary period of 2004-2007. It is worse in some industries. The average is twenty-five days.

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Sharing Tribal Knowledge

Enterra Insights

After learning he had terminal pancreatic cancer in 2006, he delivered an upbeat 2007 talk titled “ The Last Lecture: Really Achieving Your Childhood Dreams ,” which became a popular YouTube video. He adds, “The average amount of reused knowledge in manufacturing remains low, reportedly about 30%.

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10 Books Logistics And Supply Chain Experts Need To Read

Freightos

I threw in a healthy dose of interesting (globalization, shipping trends and the business of logistics), a dash of history (the evolution of longitude), a sprinkle of next generation manufacturing (lean manufacturing) and some great company success stories (FedEx, Walmart. Ever hear of Lean Manufacturing? Got some suggestions?