Operations and Supply Chain Management
AUGUST 24, 2020
One landmark in the lean revolution for retailers was Walmart ’s decision in 2006 to thin out inventory by $6.5 The sputtering supply chains are putting a new spotlight on the just-in-time strategy born in the hyperefficient Japanese automotive industry that became a religion for many American executives.
Supply Chain Shaman
OCTOBER 29, 2020
Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Inventory. My takeaway?
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
SCMDOJO
FEBRUARY 19, 2024
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.
Supply Chain Shaman
JUNE 15, 2018
My caution is not so fast… 95% of companies are not making progress at the intersection of growth, operating margin, inventory turns and asset strategies. Here I show orbit chart comparisons at the intersection of operating margin and inventory turns for the period of 2006-2017. This is especially true for the Titans.
Supply Chain Opz
JANUARY 29, 2020
Books We Recommend - Purchasing Book - Six Sigma Books - Operations Management Book - Inventory Control Book - Lean Books - International Business Book Last review and update: January 30, 2020 Obsolete and out-of-print books are not included. Editor's decision is used to finalize the list of the best books. - References - Moed, H.
Supply Chain Shaman
JANUARY 28, 2015
In our work on the Supply Chains to Admire report , we tracked the progress of manufacturing, retailing and distribution companies for the period of 2006 to 2013 and 2009-2013. We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC).
Supply Chain Shaman
MARCH 18, 2018
The concept of the Effective Frontier is that best in class companies align functional metrics to balance growth, cost, inventory and Return on Invested Capital (ROIC) performance while balancing customer service metrics. The cash-to-cash definition is: Cash-to-cash= Days of Receivables+ Days of Inventory-Days of Payables.
Expert insights. Personalized for you.
52 
Let's personalize your content