Remove 2007 Remove Innovation Remove Inventory Remove Manufacturing
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When We Don’t Have Answers, We Need to Work Quickly To Build Them

Supply Chain Shaman

To drive progressive change, I think that we need to rethink supply chain basics and unlearn from the past while driving process innovation. Let’s Start With a Discussion on Inventory. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. The end result? The reason?

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How We Stubbed Our Toe in The Evolution of S&OP

Supply Chain Shaman

Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Mistake #3. The order represents true demand.

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When We Don’t Have Answers, We Need to Work Quickly To Build Them

Supply Chain Shaman

To drive progressive change, I think that we need to rethink supply chain basics and unlearn from the past while driving process innovation. Let’s Start With a Discussion on Inventory. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. The end result? The reason?

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When We Don’t Have Answers, We Need to Work Quickly To Build Them

Supply Chain Shaman

To drive progressive change, I think that we need to rethink supply chain basics and unlearn from the past while driving process innovation. Let’s Start With a Discussion on Inventory. When we look at table 1, we see burgeoning inventories in some industries and extreme shortages in others. The end result? The reason?

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Lifting The Gray Curtain

Supply Chain Shaman

In our research, we find that 72% of planners primarily depend on Excel and desktop analysis despite the rollout of advanced platforms for planning in 92% of manufacturers with greater than 5B$ in revenue. We started the pandemic with twenty-one more days of inventory than we had in 2007. The question is, “Why?”

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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). – Operational improvements (reduction of lead time, increase in productivity, and reduction in work-in-process inventory, etc.).

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Digital Twins in the Supply Chain

Enterra Insights

He explains, “For the last few years, the term Digital Twin has been at the top of the buzzword list for manufacturers and industrial companies, often meaning different things in different production environments. This has provided managers with a powerful tool to successfully anticipate outcomes — both positive and negative.”[5]