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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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No Easter Bunny?

Supply Chain Shaman

Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Unable to power additional year-over-year improvements at the intersection of cost and inventory, companies struggle. Short cycles require buffer inventories and short lead times. source Moody’s). Let me explain.

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The Virtual Twin Experience: How to Use it for Maximum Benefit

DELMIA Quintiq

This could mean reducing fuel consumption, machine CO 2 emissions, or transitioning their energy to hybrid, electric or hydrogen sources. This can enable you to simulate and optimize physical space and line layouts, workshop operations, and robot operations. Supply Chain Instability. Cut product development lead time in half.

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23 logistics professionals share the #1 way to reduce logistics costs

6 River Systems

According to the 30th Annual State of Logistics Report by the Council of Supply Chain Management Professionals (CSCMP), companies spent $1.64 trillion on logistics and transportation services in the United States in 2018, an increase of 11.4% We follow a stringent procedure to organize inventory in our warehouses.