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Changing Mental Models

Supply Chain Shaman

I also had the opportunity to speak at the GHX conference and facilitate a leadership workshop on the required changes for implantable devices. Here are some of the quotes from the workshop I led yesterday that helped me to better understand the industry: “A process born out of chaos is chaos. Generalize procurement of materials.

Modeling 239
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Podcast: Rob Handfield on Suppliers, Data, Tech, and Talent

Requis

He is the Bank of America Distinguished Professor of Operations and Supply Chain Management at NC State University, and is a prolific author of articles and books, most recently The LIVING Supply Chain (co-authored with Tom Linton). On every screen there were moving graphical visualizations of material inventory.

Data 52
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4 Ways To Improve Procurement For Increased Customer Satisfaction

Slimstock

Procurement tasks traditionally include ordering, sourcing, and contracting. As international supply chain executive Sara Ireton indicates in Industry Week , it’s important to recognize “the success of one partner helps the success of the other.” Improve Inventory Insights.

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Supply Chain Isn’t for the Faint of Heart

Elementum

According to reports, 57% of US companies experienced an average of 2x longer lead times for components sourced from their tier-1 suppliers in China. These unprecedented backups came from two sources. As a result, inventories rapidly evaporated causing companies to place massive orders in an effort to resupply.