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Beyond Cost Optimization: Building Resilient Supply Chains in an Unstable Trade Environment

Logistics Viewpoints

For years, supply chains were engineered to be lean. Reducing cost was the primary objective, and most operational decisionsfrom sourcing to fulfillmentreflected that mindset. Lean models alone are no longer sufficient. But todays global environment is more unstable than it was a decade ago.

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Developing Agile Procurement Strategies: Thriving Amid Global Trade Disruptions

Logistics Viewpoints

Companies leaning heavily on global sourcing? manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. Consequently, when shortages emerged, they had already secured alternative sources, thereby averting a significant disruption to production.

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ZF’s Transition from Lean to Supply Chain Resilience

Logistics Viewpoints

The Transition from Lean to Resilience. No industry has been more committed to lean practices than the auto industry. One example is the demanding practice of delivering components to an OEM factory just-in-time, just-in-sequence. Lean cuts inventory out of the supply chain.

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Decentralizing Supply Chains: How Regional Models Drive Resilience and Flexibility

Logistics Viewpoints

Companies that previously prioritized cost-cutting and centralized sourcing quickly found themselves exposed to serious production and distribution risks. In response, many organizations have shifted toward decentralized and regionalized supply chain models, distributing production and sourcing across multiple regions.

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How Cummins Power Generation Used Lean Six Sigma to Achieve Significant Transportation Savings

Talking Logistics

This often requires a major shift in thinking – from the top down – and for many, implementing a formal process improvement methodology such as Lean Six Sigma (LSS). Lean Six Sigma is about not simply accepting the old way of doing things, but asking “Why do I do that?” A Real World Example – Cummins Power Generation.

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The Evolution of Operational Excellence: AI, Data Science, and Lean Practices

USC Consulting Group

However, artificial intelligence (AI) and data science now augment traditional practices, leading to innovations in Lean manufacturing. Lean manufacturing remains foundational to operational excellence. By embracing these methodologies, businesses can achieve long-term growth and get ahead of the competition.

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7 Tips For Building Supply Chain Resiliency

GlobalTranz

By contrast, supply chains that are too lean may not have enough flexibility and redundancy to survive unscathed. A resilient supply chain incorporates alternative sources, carriers, routes, and other characteristics so that it can flex in response to a situation. Build organizational resiliency to support your supply chain strategy.