Supply Chain Shaman
MARCH 21, 2024
Some are focused on project implementation; others are attempting to improve supply chain talent by defining career paths, training, and skill development, while others serve in an audit capacity. Lack of aligned metrics. Education and leadership. The top reasons were: Distant and self-serving. Lack of executive buy-in.
Supply Chain Shaman
DECEMBER 28, 2020
As error increases, there is a need for additional capacity. It takes more capacity as demand error increases.). Educate all of the Georges of the world by getting good at modeling and build asset and inventory strategies based on both bias and error. The answer? ” Start by defining the words forecast and bias.
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Supply Chain Shaman
MAY 1, 2023
Groups are attempting to align product mix and define capacity requirements. Educate on the importance of designing flows and aligning metrics. Move from functional metrics to a balanced scorecard. .: with a focus on and outside of lead time. Focus all functions on a clear definition strategy and align outcomes.
GlobalTranz
JUNE 4, 2015
In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Medical Devices.
Logility
JANUARY 26, 2024
However, this year promises a significant paradigm shift where traditional performance metrics are replaced by technology-driven frameworks, as recent breakthroughs with Generative AI in supply chains have demonstrated. A significant challenge lies in the need for leaders to be educated on effectively leveraging AI.
Supply Chain Shaman
SEPTEMBER 13, 2021
Expect the longer unloading times at ports to reduce fleet capacity by 10-20%, increase lead time by 20-30%, and double the ocean transport cost. As more and more parents stay home to wrestle with the issues of daycare and education, expect more and more manufacturing disruption. Labor Shortages. Set up meetings with major suppliers.
The Logistics & Supply Chain Management Society
MAY 28, 2022
While there has been some easing of capacity constraints, many of these issues are likely to continue well into the second half of the year. Educate Your Staff and Suppliers. A lack of education is often responsible for the slow adoption of sustainable practices, so creating internal training programs is essential.
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