SCMDOJO
FEBRUARY 19, 2024
Understanding Lean and Six Sigma Lean and Six Sigma are two powerful methodologies aimed at enhancing organizational efficiency and quality. – Operational improvements (reduction of lead time, increase in productivity, and reduction in work-in-process inventory, etc.). – Comparatively simple deployment tools.
Supply Chain Shaman
DECEMBER 10, 2018
It was a strategy day in 2006. In 2006, Clorox was adding businesses through acquisition, expanding globally in both existing and new markets, moving into new distribution channels, and adding customers who required different route-to-market models. I remember the first discussion with Mark and Dave.
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Supply Chain View from the Field
AUGUST 28, 2013
Historically, businesses have used one of two extremes for inventory management: push-based or pull-based. Push-based inventory management uses demand forecast to manage inventory and replenish from the supply base. Add variability due to customer demand, product and component quality, lead time, etc.
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
AUGUST 11, 2014
We believe that a supply chain leader is defined by both the level of performance on the Effective Frontier (balance of growth, Return on Invested Capital, Profitability and Inventory Turns) and driving supply chain improvement. During the period of 2006-2012, Campbell Soup Company outperformed its peer group on the Supply Chain Index.
GlobalTranz
MARCH 1, 2018
In 2003, Walmart announced that all of its suppliers would need to have Radio frequency identification (RFID) tags on all pallets and cases by 2006. Instantaneous inventory cycling reduces delays and speeds SCM. For many reasons, that transformation did not happen and RFID was put on the industry’s back-burner.
Supply Chain Shaman
MARCH 18, 2018
Financial Reengineering is the radical redesign of business processes and organizational structure in order to achieve significant improvements in performance, such as productivity, cost reduction, cycle time, and quality. The cash-to-cash definition is: Cash-to-cash= Days of Receivables+ Days of Inventory-Days of Payables.
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