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Embracing the Supply Chain as A Complex Non-linear System

Supply Chain Shaman

This weekend, I edited the Supply Chains to Admire report. The report was scheduled to publish in the summer of 2023, but life got in the way. The full report publishes this week. I laugh that writing the report is like a root canal. With surgery, I just never got to the report finished. Writing it takes weeks.

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How To Jump

Supply Chain Shaman

Can we build collaborative platforms for role-based discussions across commercial (sales and marketing) and operations (manufacturing, logistics, and purchasing) teams? Through work with Georgia Tech, the supply chain team can affect 70% of market capitalization in the food, chemical, and pharmaceutical industries. in inventory value.

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5 Reasons Why You Need to Stick with Lean Manufacturing Principles

USC Consulting Group

One of the most successful and widely utilized in the manufacturing sector is just-in-time inventory. Although not exclusive to manufacturers, lean manufacturing — as it’s more commonly known — is designed to improve process efficiencies by minimizing waste and maximizing output, producing just enough volume to sell quickly.

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2024 Supply Chain Economic Update

American Global Logistics

Key Economic Indicator #1: Gross Domestic Product (GDP) The Bureau of Economic Analysis (BEA) reported that the annual US GDP rate increased in December 2023. December’s Consumer Price Index (CPI) The BEA reported the CPI increased 0.3 Based on a survey of economists, the WSJ reported expectations of recession had dropped markedly.

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31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

GlobalTranz

Many off-shore manufacturers have returned to the U.S., Those changes, along with high costs of transporting materials and finished goods to and from overseas locations, make the value of reshoring likely to become a compelling financial reality for many manufacturers. Engineering isn’t disconnected from manufacturing.

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My Lessons in Interviewing Supply Chains to Admire Award Winners

Supply Chain Shaman

To help, we analyze business results each year to understand which companies outperform on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) over the past ten years. They used the work built together in 2004-2009 to build a course with Georgia Tech for executive training.)

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The Importance of Customer Experience

OptiProERP

Analysts are joining in: A Walker study reported that customer experience will overtake price and product as the key brand differentiator by the end of 2020. Source: PwC Report, Experience is Everything: Get it Right. The shop floor has become the focus for enterprises hoping to extend extraordinary customer service. Customer Story.