Remove Inventory Remove Lean Remove Sourcing
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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. AI also helps with scenario modeling.

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Walmart and the New Supply Chain Reality: AI, Automation, and Resilience

Logistics Viewpoints

Just-in-time (JIT) inventory models, lean supplier networks, and offshore manufacturing reduced expenses but left companies exposed to disruptions. The COVID-19 pandemic and ongoing geopolitical shifts demonstrated the risks of relying on single-source suppliers and minimal inventory buffers.

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Reducing Inventory Waste Through On-Demand Production

SCMDOJO

Excess inventory weighs down supply chains. This lean model doesn’t sacrifice speed, but instead thrives on it. The Hidden Costs of Traditional Inventory Models Traditional inventory models were built for predictability. It ties up capital, wastes storage space, and risks product obsolescence.

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Leading Inventory Attack Teams with Richard Lebovitz

The Logistics of Logistics

Richard Lebovitz and Joe Lynch discuss leading inventory attack teams. Richard is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. About Richard Lebovitz Richard Lebovitz is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. acquired by SAP).

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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. Lean cuts inventory out of the supply chain. But when things go wrong, lean can lead to large losses in sales because there are no just-in-case inventory buffers.

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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. Strategic moves like bulk buying, closer supplier partnerships, and syncing procurement with supply chain planning can tighten inventory, cut waste, and free up cash.

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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. Organizations can employ AI for real-time data analysis to support Lean initiatives.