Remove 2006 Remove Inventory Remove Lean Remove Sourcing
article thumbnail

The Fight of the Titans

Supply Chain Shaman

The field of supply chain management–combining source, make and deliver–into a common process started in 1982. 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. Consistent data is not available prior to 2006.)

article thumbnail

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). In this blog, we’ll delve into the integrated Lean Six Sigma approach, exploring its benefits, deployment models, moreover the implications for SMEs.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Why Financial Reengineering Does Not Equal Supply Chain Improvement

Supply Chain Shaman

Financial reengineering focuses on the optimization of short-term results that are usually based on a functional analysis of source, make, or deliver. Few consultants understand the interrelationships between source, make and deliver. The cash-to-cash definition is: Cash-to-cash= Days of Receivables+ Days of Inventory-Days of Payables.

article thumbnail

7 Best Supply Chain Books of All Time

Supply Chain Opz

Therefore, the challenge to establish the ranking method is to find a more economical data source and the unbiased metrics. 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

article thumbnail

Stories of Supply Chain Leadership: An Interview with Joan Motsinger of Seagate

Supply Chain Shaman

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).

article thumbnail

Chain of Custody: The source of control in global supply chains? – IoT Beyond the Buzz

Global Trade Management

The European Union and the World Customs Organization, for example, have rejected the Safe Port Act of 2006 with the impossible requirement of 100% scanning of all containers. But the best technology is useless if it is not supported by a lean, well-defined process, which is at the end strengthened by a powerful structure around it.

article thumbnail

Lean Manufacturing White Paper: A Holistic Approach to Lean

Supply Chain Digest

Inventory Management/Optimizat. Lean Manufacturing/Supply Chai. Lean Logistics. Content Being Accessed: Lean Manufacturing White Paper: A Holistic Approach to Lean. Supply Chain Digest is the industry’s premier interactive knowledge source, providing timely, relevant, in-context information.