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Lean Six Sigma for SMEs: A Path to Continuous Improvement

SCMDOJO

Adapted from Ehrlich (2002); Stamatis (2002); George (2003); Bendell (2006); Bhuiyan et.al, (2006); Andersson et.al, (2006); Arnheiter and Maleyeff (2005); Nonthaleerak (2005); Kumar (2007); Magnusson et.al, (2003) Read more on Top 15 Lean Six Sigma Books to Level Up Your Continuous Improvement Efforts & Strategy on our website SCMDOJO!

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Avoiding Dead-end Streets As We Build the Future of Supply Chain Planning

Supply Chain Shaman

“ The end (as of a street) without an exit or a position, situation, or course of action that leads to nothing further.” Seasoned supply chain professionals used the mental model from the recession of 2007 as a guidepost.) Let me start with what I think are “dead-end streets.” ” Miriam Webster.

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Help Supply Chain Planners Be More Successful In These Uncertain Times

Supply Chain Shaman

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

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VTech: A Story of a Supply Chain Leader

Supply Chain Shaman

VTech drove significant improvement in operating margin through the recession of 2007-2009 and then drove improvement in both inventory margin and operating margin for the period of 2010-2012 with some regression in the period of 2013-2015. Over the course of the year, we decreased inventory by 75% by improving the base demand processes.

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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. Acquire this new skill from Wharton as below, Resource: Business Analytics Course by Wharton 44.

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British Steel: gauging the supply chain impact

Taulia

The company was acquired by Indian conglomerate Tata in 2007, but in 2016 Tata sold the struggling business to private equity group Greybull Capital for £1. One company facing major challenges is Network Rail, which sources as much as 95% of its rails from British Steel. What’s happened? The company subsequently went into liquidation.

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Will inflation rage the longest in the UK?

Taulia

Post-Ukraine energy prices are, of course, a key factor, with the UK a significant net importer of energy, and they no doubt played a role in sustaining inflation throughout 2022. New challenges It will be interesting to see if the other challenges listed by the financial decision-makers we surveyed overtake inflation over the course of 2023.

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