Remove 2006 Remove Inventory Remove Quality Remove Sourcing
article thumbnail

RFID in the Supply Chain: Fizzling Technology or the Future of Effective SCM?

GlobalTranz

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. According to Atlas RFID, Active RFID tags require a power source, and therefore can initiate communication with a reader (beacon). RFID Tags Are Resurging in the Supply Chain.

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).

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 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. Few consultants understand the interrelationships between source, make and deliver. Sounds good? Think again.

article thumbnail

Lean Six Sigma for SMEs: A Path to Continuous Improvement

SCMDOJO

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.

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. Or, by monitoring shipments while in transit & knowing transportation conditions organizations can better verify the quality of incoming components.

article thumbnail

Nasty Gal: When a Disrupter Isn’t Disruptive Enough

FLEXE

Founded by 32-year-old Sophia Amoruso in 2006, Nasty Gal’s rise and fall happened in less than a decade. With gumption, she did what any entrepreneurial, then-22-year-old would do: turn to social media to promote her inventory and fledgling business. To match demand, she began approaching labels to bolster inventory.

article thumbnail

6 Tips for Creating Private Label Products for Amazon FBA

EMERGE App

They’ve come into their own in the past decade when Amazon started “Fulfilled by Amazon” back in 2006. Here, I’ll cover private label products first and how you should go about sourcing for suppliers. Pro Tip #2: Source Your Product Sensibly. Going to the Source.