Remove Inventory Remove Magazine Remove Manufacturing Procurement Remove Metrics
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Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains

The Logistics & Supply Chain Management Society

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

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How to Sustain a Lean Culture in Manufacturing & Supply Chain

GlobalTranz

Entering these team projects in a magazine, or Lean contest is a motivator to boost teamwork and ensure that MDI is effective every day. These metrics would, of course, be aligned and are updated every hour. Next, you would have management supporting this effort during their daily Gemba walk, reviewing these hourly metrics.

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Why Have We Not Reduced Inventory?

Supply Chain Shaman

” CFO of a major manufacturer. This year supply chain leaders will celebrate thirty years of progress in supply chain management; but we have not made progress on one of the funamentals: inventory management. Have the early adopters of inventory optimization seen a reduction in inventory on their balance sheets?”

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Megatrends Shaping Supply Chain Innovation

The Logistics & Supply Chain Management Society

With uncertainty a guarantee in the year ahead, leaders are realising the need to adopt applications that will improve visibility into demand and inventory, as well as tools that can help them model and simulate “what if?” Do you know where the manufacturing facilities of your suppliers (and their suppliers) are physically located?

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E-commerce and the Digital Path to Purchase

Enterra Insights

Retailers have always been curious about the paths consumers take when they decide something needs to be purchased. When the Internet and World Wide Web introduced consumers to online shopping (aka e-commerce), the path to purchase became much more complex. Today the digital path to purchase is growing in importance. ”[2].

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Driving Sustainable Growth Through Supply Chain Resilience

The Logistics & Supply Chain Management Society

Brand loyalty is no longer the driver for consumer purchasing decisions. People simply want to purchase products from businesses which provide a more transparent and streamlined service, and who deliver on their customer promise, even if it means inflated prices to obtain it. LogiSYM Supply Chain Magazine – April 2022.

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The End of a Fairy Tale. Part 2.

Supply Chain Shaman

Year after year, well intentioned people toiled against improving metrics that reduced, not improved, the effectiveness of the supply chain. The example that I give in the first post is the focus of manufacturing strategies to drive strong results to improve Return on Assets (ROA) that have actually caused a deterioration in operating margin.