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. In the late 1970s, Boston Scientific’s initial success was built on guide catheters and balloon catheters for coronary artery treatments.

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.) For one, more than 60% of the attendees responded they perform “less than optimal” inventory optimization.

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31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

Cerasis

Many off-shore manufacturers have returned to the U.S., And, according to a Boston Consulting Group (BCG) study, 54% of companies with above one billion in revenues are now considering reshoring. 70% of manufacturers indicate that volatile energy costs are a major concern.

The Next Great Disruption Coming to Supply Chains

Kinaxis

I watched a TED Talk video by Philip Evans, from Boston Consulting Group and shuddered to think that all our traditional fulfillment and inventory models can be drastically transformed by the “consumer”. 3PL’s, Contract Manufacturing, Suppliers, Logistics providers….

Supply Chain Movement 20 – Trends & Consulting

Supply Chain Movement

12 | Profile Hans Willems, Vice President Supply Chain Europe, Boston Scientific. 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. Manufacturers find themselves at a crossroads.

Four Strategies To Deploy As Supply Chain Hits Main Street

Supply Chain Shaman

Meanwhile, turbulence is the norm for manufacturing supply chains. As I sign into the front desk-after-front desk at manufacturers, and open the signature book, I notice a large number of system integrators diligently working on the implementation of traditional enterprise technologies.

10 Ways IoT Can Improve Supply Chains

IQMS

By 2020, Discrete Manufacturing, Transportation & Logistics and Utilities industries are projected to spend $40B each on IoT platforms, systems, and services. Improving track-and-trace reduces the need for buffer stock by providing real-time visibility of inventory levels and shipments.

Guest Blog: Real-world Advice for Getting Started on eKanban

synchrono

Through this guest blog series, I’d like to share some of my experiences implementing supplier quality and Lean manufacturing initiatives by focusing on eKanban systems. reduced inventory waste and carrying costs and more) asking people to change the way they work is also real.

10 Ideas for More Efficient & Productive Warehouse Operations

Cerasis

Boston Consulting Group research shows 1.2 million robots are expected to be deployed across manufacturing facilities in the U.S. Not only can robotic automation help manufacturers achieve greater warehouse productivity, but it can also drive significant cost savings as compared to employing workers. Implement Lean Manufacturing. Automated storage and retrieval systems can, for example, increase picking accuracy while yielding better inventory control.

Epitaph

Supply Chain Shaman

They were born from well-intentioned, bright professors from great schools – Boston College, Carnegie Mellon, and Massachusetts Institute of Technology (MIT )– in operations research. It was called multi-enterprise inventory optimization. In the beginning, the inventory management solutions of LogicTools , Optiant and SmartOps pushed to take operations research to a new level through supply chain optimization. Inventory is now the primary supply chain buffer.

ToolsGroup Names David Barton General Manager of North America

ToolsGroup

BOSTON (May 13, 2019) – ToolsGroup, a global leader in supply chain planning software, announced today that David Barton has joined ToolsGroup as the new general manager of North America. Barton will work from ToolsGroup’s Boston headquarters. “I’m

Why CPG Demand Forecasting Has Hit a Ceiling

ToolsGroup

Boston Consulting Group talks about how the “endless aisles” of the internet and omni-channel sales increase product assortment. They don’t know how to segregate, forecast or inventory these “extreme error” items. Leverage Inventory More Effectively.

5 Key Trends Driving Supply Chain Innovation

Talking Logistics

With enhancements in manufacturing and product development, it’s increasingly hard to distinguish product capabilities as a customer. 2 Real-time Network Inventory Control and Planning. Too often we think about inventory in a linear way. Will they share inventory?

Trends 189

Wholesale Distribution: Any Way You Want It?

Logility

The groups on my most listened to playlists include Boston, REO, Rush, Kansas, Styx, Van Halen, Eagles, Foreigner and The Police, just to name a few. Wholesalers occupy a difficult supply chain position between retailers and manufacturers who both face their own set of challenges.

Sales and Operations Planning Summit

Logility

Last week I attended the Sales and Operations Planning Summit in Boston. Attendance was impressive with more than 150 operations, supply chain, manufacturing and finance professionals from a wide range of industries.

Boston 130

[e-Book] The Essential Guide to Inbound Freight Management

Cerasis

Depending on the industry and size of the company, a business can spend more than 40% of its annual freight budget on inbound shipping, according to the Aberdeen Group, a research firm in Boston. How Big Is the Problem Of Inbound Freight Management? Inbound freight management is receiving a lot of attention as businesses continue to look for ways to manage shipping costs. If you’re looking to save costs on shipping, take a look at inbound shipping.

Guest Blog Part 2: Start Your eKanban Implementation with Value-stream Mapping and Engaging Your Suppliers

synchrono

Through this guest blog series, my intent is to share some of my experiences implementing supplier quality and Lean manufacturing initiatives by focusing on eKanban systems. If you’re not using a manual Kanban system, map the current inventory replenishment process.) by Jim Shore.

Will the Downturn Signal an Upturn?

Supply Chain Shaman

Vendor Managed Inventory processes–once hailed as the panacea of demand sensing–largely operate in isolation within sales organizations (of the thirty-three organizations that we interviewed last year, no market leader has connected these demand signals). Volatility.

Defining Supply Chain Excellence: One Column at a Time

Supply Chain Shaman

Instead, what I observed when I looked at the data, was that most companies that I had worked with (in my role as an industry analyst, I had worked with over 300) were going backwards on margin and inventory turns. “Lora in your own way, you are helping. You tell it straight.

Let the Design Begin…

Supply Chain Shaman

They came to Boston to tell us the story of Llamasoft. With the purchase of i2 by JDA, and Logictools by IBM, manufacturing companies serious about network design started looking for a company, with a well-established community, that was more serious about network design.

Why Companies Need a Supplier Relationship Management Strategy

Cerasis

In May, 2014 Raytheon gathered a group of its largest suppliers in Boston, MA to discuss the launch of the company’s Supplier Advisory Council. Because of this, businesses are finding it challenging to forecast demand and therefore they risk escalating inventory costs or stock outs.

Supply Chain 4.0: The Supply Chain of the Future

Enterra Insights

“Although the world of industry and manufacturing is in the midst of a digital revolution,” they write, “the supply chain sphere is lagging behind. ” The staff at Manufacturing & Logistics IT agree with Asthana about the objectives of digital transformation; but, they go on to note successful digital transformation can do even more. 3D Printing and On Demand, Additive Manufacturing. Industry 4.0,

Boston 100

Logistics, Data, and Cognitive Computing

Enterra Insights

Boston Consulting Group (BCG) analysts assert, “Logistics networks have never been more complex. It tracks not only transportation and handling but also warehousing and inventory working-capital costs, specifically by end customer. Jim O’Donnell ( @jimodonnelltt ) notes, “The availability of inexpensive sensors and internet of things connectivity has made supply chain visibility easier for manufacturers in the past few years.

Data 100

This Week in Logistics News (April 11-15, 2016)

Talking Logistics

Today marks the three-year anniversary of the Boston Marathon bombings, a sad and scary day, especially those of us living in the Boston area.

ToolsGroup to Showcase Service-Driven Supply Chain Planning at Gartner Supply Chain Executive Conference 2019

ToolsGroup

American Tire Distributors (ATD) to Highlight How It Worked with ToolsGroup to Tackle Forecasting and Inventory Challenges with S&OP. Our customers consistently see service levels increase while inventory, cost, and waste go down.”

Next-Gen Supply Chain Management

Talking Logistics

Then, and only then, as a category manager or merchant buyer, will a supply chain professional and his or her internal customers be able to get a comprehensive picture of the inventory of the products they are responsible for, including what’s on the shipper’s dock, at the consolidator, on the ocean vessel or stack train or truck, in the DC and on the store shelf.

How to Learn About Supply Chain Research From Around the World in a Few Hours

Supply Chain @ MIT

A research project is examining how a food packaging manufacturer can smooth out the demand from one of its largest customers in the region by leveraging supply chain collaboration. An apparel company aims to evaluate the effect on inventory levels of postponing a manufacturing operation.

No Easter Bunny?

Supply Chain Shaman

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.

Outsourcing: The Good, the Bad, and the Ugly – Lessons from Nortel Networks

NC State SCRC

You didn’t have to add designers, and they leveraged the fact that they designed phones for other people, could do it quicker, and would leverage that, and would get their money back through manufacturing in a low cost environment.

Your Guide to Multichannel Selling

Unleashed

For example, a manufacturer who is selling to a few wholesalers would have sent out a catalogue to them. The wholesalers would then have to call the manufacturer and order over the phone, or via email. For example, a manufacturer might sell through the traditional methods of catalogues.

Drugmakers Face Puerto Rico Factory Challenges with Shattered Infrastructure

Material Handling & Logistics

Tax breaks and incentives made Puerto Rico the Caribbean’s economic powerhouse two decades ago, helping attract dozens of drug and device makers that built state-of-the-art manufacturing facilities. Boston Scientific Inc.,

The Future Is Now for Logistics

Material Handling & Logistics

Whether the cause is e-commerce growth, the tight labor market, or changing distribution models, inventories and carrying costs are rising. To move goods closer to end customers, companies are adding safety stocks, expanding overflow capacity and increasing inventories.

Yes, I am a Zealot. I Still Believe. Do You?

Supply Chain Shaman

Most companies have made their own organizations more efficient (ROA), but they have not reduced inventories and they have pushed costs back in the supply chain on suppliers that are less able to bear them. Look at the gyrations of Boston Scientific and Eli Lilly for the same period of time.

Seasoned Leadership in Action™! An Interview with Skip Boothby!

Supply Chain Game Changer

After a career as CEO, COO, President and Division Head of leading supply chain, manufacturing support, and after-market service organizations, he helps companies assess what they have, determine what they need, and decide what to do. Subscribe Here! Email Address.

Five Tips on Sourcing Products From China

EMERGE App

This underscores the importance of China being the world’s manufacturing hub in the past decade, and most likely for the next few decades. And it’s not just an immense and low-cost labour force that has given Chinese manufacturers a competitive advantage. Introduction.