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Lean Six Sigma for SMEs: A Path to Continuous Improvement

SCMDOJO

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. – Six Sigma creates a link between tactical actions and strategic focus. – Lastly, Not applicable to all industries.

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Uh-Oh! Insights On How P&G Failed And What This Means For You

Supply Chain Shaman

Shown in Figure 2, we track the results for the period from 2006-to 2021. My failure was three-fold: In this analysis, I never benchmarked companies to the industry averages. The analysis was too short-term. My analysis only considered three-year averages. My analysis never embraced the concepts of the effective frontier.

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The S&OP Technology Quadry

Supply Chain Shaman

This is the same list I discussed in my research in 2006. As a result, an analysis like the Gartner Magic Quadrant, becomes an exercise to discuss the types of beans in minestrone soup. Industry Analysis. Quantitative Survey Analysis on User Satisfaction. I find LinkedIn to be a great source to get data.

S&OP 252
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Measuring Up?

Supply Chain Shaman

” The journey for value requires a clear definition and analysis of what is possible. To help, in this post, we provide you with some insights for the period of 2006-2015. The analysis needs to be measured through an evaluation of year-over-year improvements. The analysis takes us about six months to complete.

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Q&A on the Supply Chains to Admire

Supply Chain Shaman

Here we share the answers to the questions that we get the most often about this research: What is the source of data? We placed them in the industry that they were the most like, e.g., the primary source of revenue. What did you learn in the analysis? How did you select the final list of fifteen companies ?

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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. In the analysis, we study 33 industry peer groups across more than three hundred public companies. The performance factors evaluated in the analysis are: Growth. Operating Margin. Inventory Turns.

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The Coffee Pot Conversation That Will Not Happen

Supply Chain Shaman

He also believed that supply chain leaders could easily select top-performing supply chains and designed the AMR Top 25 Supply Chain (now the Gartner Top 25 analysis) to be 25% of the score. I advocated a study, an analysis of market value. As the architect of the Top 25 methodology, he strongly wanted peer rankings. I disagreed.

Gartner 197