Remove Belgium Remove Inventory Remove Metrics Remove Strategy
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5 Ways Businesses Are Uncovering Success With AI In Manufacturing

ToolsGroup

That’s why companies in the manufacturing sector are shifting from reactive to data-driven maintenance strategies. Optimize spare part inventories. As competition increases, companies worldwide focus on delivering quality products through lean manufacturing strategies. Increase overall equipment effectiveness (OEE).

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Where Would We Be Without All of the BullS&%T?

Supply Chain Shaman

It seldom snows in Belgium: the city sits in anticipation. Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. Last week, in a call with a major strategy consultant, I was asked a question about control towers.

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Where Would We Be Without All of the BullS&%T?

Supply Chain Shaman

It seldom snows in Belgium: the city sits in anticipation. Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. Last week, a major strategy consultant asked a question about control towers. I cannot sleep.

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Demand-Driven Transformation at Shell

Supply Chain Shaman

Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. They saw a steady drop in inventory and reduced working capital by about 50% over the period of 2011-2015. Impact of Demand Sensing on Inventory Levels. The reason? The implementation was very successful.

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How Can We Heal the Global Supply Chain?

Supply Chain Shaman

In the last six months, in my travels, I have presented to supply chain teams in China, Belgium, France, Germany, Peru, Mexico, Netherlands, South Africa, Singapore, and the United Kingdom. The winners drive improvement while posting financial results in the Supply Chain Metrics That Matter ahead of the peer group. Inventory Turns.

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Supply Chain Roundtable Series: Optimising the Manufacturing Supply Chain

Unleashed

” Tackling bottlenecks: Hacks, strategies, and advice To fix your manufacturing supply chain, you need the right systems, strategies, and resources in place. So we implemented an inventory management system for them. That reduces the amount of inventory space, handling, and logistics on individual small orders.”

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KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

Inventory stock turns in Days. For this reason, KPIs are essential for any business improvement strategy. Inventory management. Inventory levels. A KPI is a metric… but not just any metric. A KPI is a metric focused on a KEY element of business, departmental, or team performance. Warehousing.

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