Unleashed
MARCH 24, 2024
Many manufacturers use lean methods to cut costs and improve efficiencies in their business. But ‘lean’ is a very broad concept and the ways that manufacturers ‘go lean’ vary considerably. Here we look at the most common tools and techniques used to bring the advantages of lean into the modern manufacturing workplace.
synchrono
OCTOBER 16, 2017
Is enthusiasm for Big Data wavering? They also predicted that 80 to 100% of manufacturers will have implemented IIoT applications by then and already be reaping the benefits of data-driven insights into their operations. In this post, I’ll cover the three ways you can use Big Data to improve operational performance. #1
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Supply Chain Trend
MAY 14, 2017
In the last decade or two we’ve seen JIT (Just in Time), TQM (Total Quality Management), 6 Sigma, S&OP (Sales & Operations Planning), Lean, Agile, Demand-Driven Supply Chains…to name just a few. Big data has been one of the concepts to dominate the supply-chain scene for a while. INDUSTRY SPECIFICS.
Supply Chain Movement
JULY 11, 2014
On 12 May 2014 IMD organized a one-day open event in Lausanne that analyzed big data and its impact on value chains. Several experts with different backgrounds shared their views on the latest trends at the intersection of big data and value chains. When did big data start being part of our life?
Enterra Insights
DECEMBER 1, 2020
Alex Toma ( @alexbreakline ), a digital marketing specialist, writes, “Data has always been fundamental to the success of digital.”[1] 1] Most business leaders understand that so-called “big data” is an asset for their company’s operations. The World Economic Forum has declared big data an asset class like gold or oil.
The Logistics & Supply Chain Management Society
JULY 20, 2020
Machine learning and big data analytics augments critical roles in supply chain efficiency, problem solving and cost saving. Data acquisition and filtering and scenario analysis are time consuming practices in supply chain. The philosophy of lean, triggers us to look for the “Ideal Way”. Efficiency and cost management.
GlobalTranz
AUGUST 31, 2018
The emergence of cloud-based platforms and Big Data increases forecast accuracy, eliminates unnecessary stock, and achieves truly optimized slotting designs. Big Data can analyze picking performance and identify best practices to increase performance, effectively reducing the amount of on-hand inventory needed at any given time.
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