article thumbnail

Supply Chain Leadership Driving Industry 4.0 & Resilience During Crisis – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Machine learning and big data analytics augments critical roles in supply chain efficiency, problem solving and cost saving. Data acquisition and filtering and scenario analysis are time consuming practices in supply chain. The philosophy of lean, triggers us to look for the “Ideal Way”. Efficiency and cost management.

article thumbnail

Reflections, Thank-you(s) and Rethinking the Future

Supply Chain Shaman

As growth slowed post 2007 recession, companies fought back. As I talk to innovators like Lean DNA, Orchestr8, and Retail Velocity, I keep hearing about the virtues of Microsoft BI and Azure for Software as a Service applications. World Trade Intensity and Annual Growth. –the focus in the front office was for agility.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Managerial Practice Will Need to Catch up with the Emergence of Real-time Supply Chains

NC State SCRC

Many of the concepts around “lean production systems” have emphasized flow and visibility. Real-time data is enabled by the emergence of cloud computing and mobile devices, which creates “big data” technology platforms that process higher volumes of internal and external data from multiple sources.

article thumbnail

Building Outside-In Processes

Supply Chain Shaman

For example, in the recession of 2007, DuPont missed the downturn in the market. Help drive a cross-functional understanding of demand latency as waste through lean programs. So, what are the market signals to model to forecast demand at the cadence of the market? How can you build market-driven forecasting processes?

article thumbnail

50 Online Resources for Aspiring Supply Chain Scholars

Supply Chain Opz

Compare logistics infrastructure using Logistics Performance Index World Bank has produced Logistics Performance Index (LPI) report since 2007 to aid policy makers to benchmark logistics infrastructure in their countries. Studying about lean manufacturing and can't find free VSM software? Resource: Commodity Flow Survey 7.

article thumbnail

[INFOGRAPHIC] Public Perception of & A Brief Timeline of Moments from the American Manufacturing Industry

GlobalTranz

1930s : Lean Manufacturing. These concepts become widely adopted in the 1990s as Lean Manufacturing. 2007: The first iPhone is released By Apple. It cost $850 and was only offered in black. . 1913: 1st Moving Assembly Line. Ford installs the first moving assembly line. 1942: Jet Engines Developed.