Education Manufacturing Metrics Waste Reduction 
Supply Chain Shaman
MAY 1, 2023
In contrast, those who outperformed were better at strategy and aligned with outcomes. Instead, the starting point, as shown in Figure 1, should start with a clear understanding of business strategy. The operating strategy–a major part of the supply chain strategy–flows from the business strategy.
Unleashed
MAY 7, 2024
Sustainable manufacturing is about product creation that doesn’t deplete natural resources or harm the environment. Implementing sustainable practices in your manufacturing operations not only protects valuable resources but can lead to financial savings and increased brand reputation. What is sustainable manufacturing?
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RFgen
FEBRUARY 15, 2023
Strategy is a critical aspect of supply chain management. By managing processes like planning, sourcing, production, and delivery, companies can reduce costs, safeguard against undue risk, and pivot quickly when faced with the unexpected. Creating a new supply chain strategy can be complicated, if not daunting. Don’t worry.
Supply Chain Shaman
OCTOBER 29, 2020
Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Instead, the focus is on reducing the costs of finance by eliminating labor costs through Business Process Reengineering (BPOS) and elongating payables. Want to talk about waste?
Supply Chain Shaman
JULY 30, 2022
However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. My question is, “Why?” ” I am a fan of the fiv e why methodolog y to understand the root cause of an issue.
Logility
JUNE 2, 2023
Yet, despite its significance, demand forecasting continues to be a thorny issue for many businesses, particularly manufacturers. In essence, it evaluates the effectiveness of your demand forecasting strategy, assessing how your customer demand predictions match reality. Why is Demand Forecasting Accuracy Important?
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.
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