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Multi-echelon Inventory Optimization and Lean/Six Sigma

Supply Chain Action Blog

The exponential increases in computing power along with advances in software have enabled the use of optimization in an ever-widening array of business decisions. The Importance of Six Sigma. Six sigma pursues reduced variability in processes. Crucial Tradeoffs for Manufacturers. How Lean Thinking Helps.

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Multi-echelon Inventory Optimization and Lean/Six Sigma

Supply Chain Action Blog

The exponential increases in computing power along with advances in software have enabled the use of optimization in an ever-widening array of business decisions. Seiri (Sort) – sorting, i.e., proper arrangement of all items, storage, equipment, tools, inventory and traffic. The Importance of Six Sigma.

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25 Lean Manufacturing Tools – 5S, Six Sigma & Beyond

Unleashed

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.

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Raw Material Inventory Management: Manufacturer’s Guide

Unleashed

Every manufacturer knows the importance of raw materials – without them, there’s no final product. Raw material inventory management oversees the procurement, handling, and storage of raw materials. It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. Let’s dive in.

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Supply Chain as a Service (SCaaS): A Golden Opportunity for the Supply Chain Industry

SCMDOJO

SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. SCaaS will guide companies to achieve strategic value by improving Manufacturing as a Service, Fulfillment as a Service, and Warehousing as a Service. Let’s delve into this emerging concept.

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Fueling Success: Career in Supply Chain Guide

SCMDOJO

We enable them by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Eight core competencies stand out, encompassing crucial aspects of SCM.

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Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

In this article, we’ll delve into the benefits and challenges of this powerful tool, and discuss the architecture that’s necessary to successfully integrate it into your business. Cognitive analytics: Cognitive analytics is a powerful tool that relies on artificial intelligence and machine learning to process vast amounts of data.