Enterra Insights

APRIL 21, 2021

Analysts from the Boston Consulting Group (BCG) explain the first three revolutions were driven by steam, electricity, and automation. They include: Inventory Optimization. Eswara writes, “Inventory management in the supply chain is a key area where OEMs can leverage AI to achieve efficiencies in the supply chain network.

Analytics Software 130

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Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Short cycles require buffer inventories and short lead times.

Supply and Demand 150

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synchrono

DECEMBER 18, 2017

With eKanban implementations, this can be any number of problems including excess materials on hand, slow inventory turns, too much scrap and more. If you’re not using a manual Kanban system, map the current inventory replenishment process.) For example, they were literally logging 7 miles a year to track down inventory!

Inventory Reduction 104

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DELMIA Quintiq

SEPTEMBER 17, 2019

Especially if you have to do this exercise 50 times. . The Boston Consulting Group conducted some interesting research to test the strategy of applying a Lean approach to a Digital Manufacturing strategy. If this kind of thinking sounds familiar, it should! The Results are In.

Waste Reduction 120

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Enterra Insights

JULY 15, 2020

They engage themselves in alternative futures exercises. A decade ago Boston Consulting Group (BCG) analysts Luc de Brabandere and Alan Iny asserted, “The ‘what if?’ Wright concludes, “With AI, supply chain professionals can optimize orders based on factors like inventory reallocation and prioritization.

Supply Chain Planning Software 100

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6 River Systems

JUNE 29, 2020

Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns. ’ “For example, supply chain leaders and their teams can conduct a scenario planning exercise and develop action plans. But have we taken too radical a view when it comes to inventory levels?

Supply Chain Planning Software 116

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Talking Logistics

APRIL 7, 2015

First, being able to manage inventory much more efficiently because it all can be seen, down to the individual SKU-level. The net result of a more reliable, predictable supply chain relates directly to the ability to reduce safety stock and overall inventory. Two significant benefits stem from this. There are no real shortcuts.

Supply Chain Design Software 100

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