Remove 2019 Remove Lean Remove Manufacturing Procurement Remove Transportation
article thumbnail

Supply Chain Leaders Rearranging Deck Chairs? Yes, I Think So.

Supply Chain Shaman

Conversely, the value of a firm will never be created by improving the functional metrics of Purchase Price Variance, Overall Equipment Efficiency (OEE), lowest cost of transportation, or cash-to-cash efficiency. Almost all quality improvement comes via simplification of design, manufacturing… layout, processes, and procedures.

article thumbnail

Autoliv’s Supply Chain Risk Management Journey

Logistics Viewpoints

This global, Tier 1 manufacturer is headquartered in Stockholm and had revenues of over $8 billion last year. in turn, is a boutique procurement consultancy. Professionals from procurement, compliance, logistics, sustainability, information-security and several other internal stakeholder all use the solution for different reasons.

Insiders

Sign Up for our Newsletter

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

article thumbnail

5 Ways to Optimize Your Supply Chain for 2019 Trade Tensions

Stord

With the threat of more trade tensions on the horizon in 2019, shippers should optimize their supply chains now to minimize disruption. Read on for a brief overview of how trade tensions affected supply chains last year and a list of ways that you can use to prepare for potential disruption in 2019.

article thumbnail

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

The Logistics & Supply Chain Management Society

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. The philosophy of lean, triggers us to look for the “Ideal Way”. Arguably, it is criticised that acting too lean can cause breakdowns in crisis. fashion, automotive, spare parts, airlines). Customer Centricity.

article thumbnail

Grocery Shopping and Inflation, Part One: Impact on Grocers

Enterra Insights

Department of Agriculture (USDA) reported, “The food-at-home (grocery store or supermarket food purchases) CPI increased 1.1 ”[3] He notes, “Grocery prices stagnated from 2015 through 2019, but have increased during the pandemic. ”[1] His prediction proved accurate. In November, the U.S. from the year prior.”

article thumbnail

Collaboration? When It Comes to Cash-to-Cash, We Don’t Know How to Walk the Talk

Supply Chain Shaman

Note the elongation of the cash-to-cash cycle in the chemical industry of 38 additional days when comparing the 2014-2019 averages to the pre-recession period of 2004-2006. While touted as a digital procurement provider, it took the Company nine days to onboard me as a vendor, and two weeks to process a Purchase Order.

article thumbnail

Unpacking Supply Chain Traceability: A Comprehensive Guide

RFgen

Raw Material Tracking Traceability from the raw materials stage through the consumer tracking stage enables lean manufacturing and gains in productivity. This involves collecting data on the source of each material, including the country of origin, the supplier, and the conditions under which it was produced.