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Hans Willems, Boston Scientific: “We’ve now evolved into a solutions provider”

Supply Chain Movement

A Boston Scientific medical device is used somewhere in the world every two seconds, but the company is much more than a medical device manufacturer. The firm’s lean engineers and supply chain engineers help hospitals not only with inventory management and logistics but also with process improvements in catheterisation labs, for example.

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

The Logistics & Supply Chain Management Society

This boosts revenues and optimises inventory. This can be applied to inventory management, fleet and order tracking, ID badging. 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. In a crisis economic factors are critical.

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A Q&A with Stanley Black & Decker and Boston University on Inventory Optimization

Logility

Inventory optimization (IO) has become an increasingly important topic of late as companies try to balance inventory (amount, location, etc.) associate professor of operations management, Boston University, on the role of a company’s inventory in developing a sustainable competitive advantage.

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Global Supply Chains — A Source of Strength

Enterra Insights

Quick delivery, lean operations and a widely distributed footprint have been the top priorities. The varied goods in the containers illustrate the far-flung nature of modern supply chains and show how transportation problems on one side of the world can affect the production of goods and store inventories thousands of miles away.”[5]

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Take a Lean Approach to Digital Manufacturing to Double Productivity

DELMIA Quintiq

If this describes your scenario, then I would suggest you consider applying a Lean approach to your Digital Manufacturing strategy – you might be surprised at the results you can achieve! . Now might be a good time to expand your Lean program to see how it might be applied as part of your digital manufacturing strategy.

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Let the Design Begin…

Supply Chain Shaman

They came to Boston to tell us the story of Llamasoft. It could no longer be just about inventory levels. This analysis needed to be completed monthly and fed to newer forms of inventory optimization technologies. As I listened, I began to reflect. Reflections. I remember the first time that I met the founders, Don and Toby.

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10 Ideas for More Efficient & Productive Warehouse Operations

GlobalTranz

Boston Consulting Group research shows 1.2 Implement Lean Manufacturing. Most manufacturing facilities are trending toward 5S/lean manufacturing as part of their efforts to improve manufacturing processes, enabling quicker, more efficient production and lowering overall costs. by the year 2025. Evaluate Storage Equipment.