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Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process

GlobalTranz

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

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6 Manufacturing Trends You Need to Know

Arena Solutions

alone, colleges and universities awarded 83,263 bachelor’s degrees in engineering in 2012, a 37% increase over the 60,605 degrees conferred in 2002. Metrics monitoring Real-time data can be accessed globally using cloud computing. Breaking it down In the U.S. 3 What’s the allure?

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Will Arrogance Stunt your Growth?

Supply Chain Shaman

At this conference, we are excited to share three detailed analyses of corporate performance over the last decade: Performance on the Supply Chain Effective Frontier. Which supply chain metrics correlate to market capitalization by Morningstar sector? Which companies have made year-over-year improvements? Supply Chain Resiliency.

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What I Have Learned Teaching Courses on Market-Driven Value Networks

Supply Chain Shaman

When this happens, there is greater balance between metric trade-offs and resiliency in year-over-year improvements in corporate performance. We know that companies are busy, and that it is hard to go to conferences and keep track of all the changes in the technologies. Process needs to follow strategy. What is old is new again.

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Examples of How Supplier Quality Management System Implementations Pay Off

GlobalTranz

The first post in this series broke down what is supplier quality management and the steps to evaluate suppliers and the second post gave you insight into the metrics to look out for by 6 major industries. A unique way I used to improve Supplier Quality Management (SQM) is by The Supplier Day Conference.

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Seeing Beyond the Firewall

Supply Chain Shaman

The company is a B2B Supply Chain Operating Network supporting the automotive and aerospace industries. In our research, discrete industries–aerospace, automotive, hi-tech, and semiconductor– rate themselves as performing better, being more proactive, and having greater alignment. My time on the European continent is busy.

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How Machine Learning Is Redefining Supply Chain Management

IQMS

Source: Machine Learning – A Giant Leap for Supply Chain Forecasting, Material Handling and Logistics Conference (PDF, 28 pp., Also, machine learning is leading to more accurate measures of Overall Equipment Effectiveness (OEE), a key metric many manufacturers and supply chain operations rely on. no opt-in).