SCMDOJO

FEBRUARY 19, 2024

Over the years, various methodologies have emerged to address this need, including lean manufacturing, Six Sigma, and the integration of both known as Lean Six Sigma (LSS). Figure-c: Evolution of Lean Six Sigma (source: Snee, R.D. – Six Sigma creates a link between tactical actions and strategic focus. . Hoerl, R.W.,

Six Sigma 79

Six Sigma Optimal Sourcing Continuous Improvement Agile and Lean Supply Chain 79

Unleashed

JULY 25, 2021

Let’s look at how smart food businesses can reduce their waste – and how the right food manufacturing software helps them do it. How can food and beverage manufacturers reduce their waste? The following five strategies can help food and beverage manufacturers to manage and reduce their food waste: 1. What is waste valorisation?

Waste Reduction 98

Waste Reduction Food Inventory Reduction Material Savings 98

Supply Chain Matters

SEPTEMBER 8, 2022

Our prior full edition of this column was published on July 14 and featured news related to global battery manufacturer Panasonic and warehouse services start-up Flexe. Procurement sourcing and tail spend solutions provider Fairmarkit announced the completion of a $35.6 Expands C-Suite Amid Increased Technology Demand.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chain Planning 52

Provenance

AUGUST 13, 2018

The clean energy technology sector achieved considerable growth with China’s low REE prices and advances in manufacturing technology , growth that some associated with low environmental and social sustainability standards. This is referred to as chain of custody. The reasons for the lack of global sustainability standards are manifold.

Modeling Software 56

Modeling Software Supply Chain Design Software Demand Planning Software Supply Chain Network Software 56

Unleashed

APRIL 15, 2020

Net realisable value (NRV) is the expected selling price of inventory goods after taking into account selling costs and manufacturing costs. Imagine you are a toothpaste maker, sourcing raw materials from overseas. Retailers in Japan have come up with a very popular lucky dip concept. Changes in your output. Host giveaways.

Inventory Reduction 89

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 89

Supply Chain Opz

NOVEMBER 25, 2014

Background Lean concepts originated in the 1950’s in Japan, and developed and matured in Toyota factories over several decades. manufacturing in the 1990’s. A3 refers to a European paper size that is roughly equivalent to an American 11-inch by 17-inch tabloid-sized paper.

Agile and Lean Supply Chain 113

Agile and Lean Supply Chain Lean Supply Chain Design Software Supply Chain Software 113

Bristlecone

MARCH 31, 2020

The financial crisis of 2007-08 was referred to as a black swan event because it caused catastrophic damage to the global economy and triggered widespread disruption to people’s lives. Learn More: SAP S/4HANA in the Manufacturing Industry. By: Sunil Pandit, Director, Global Practices, Bristlecone.

Modeling 52

Modeling Supply Chain Planning Software Optimal Sourcing Supply Chain Software 52

Arkieva

APRIL 1, 2016

We have outsourced big chunks of manufacturing but are stuck with inflexible supply contracts. We are exposed to tier-2 risks but are unaware and only discover it after the Japan earthquakes or the Thailand floods. Sourcing in low cost countries could lower cost but increases inventories and inventory risk (write-offs).

Supply Chain Planning Software 60

Supply Chain Planning Software Purchasing Skills Supply Chain Optimization Modeling 60

Talking Logistics

APRIL 15, 2015

Source: Adelante SCM based on World Bank LPI data. Germany through Japan are the Top 10, Cuba through Somalia are the Bottom 9, with other countries shown for reference. Source: World Bank. Back in 2001, my friend and logistics expert Art Van Bodegraven traveled to Cuba as part of a logistics delegation.

Cuba 100

Cuba Logistics Network Optimization Software Logistics Somalia 100

Unleashed

APRIL 3, 2020

Net realisable value (NRV) is the expected selling price of inventory goods after taking into account selling costs and manufacturing costs. Imagine you are a toothpaste maker, sourcing raw materials from overseas. Retailers in Japan have come up with a very popular lucky dip concept. Changes in your output. Host giveaways.

Inventory Reduction 52

Inventory Reduction Inventory Purchasing Skills Cost Reduction Strategies 52

NC State SCRC

JUNE 22, 2023

Do we have a crystal ball, and a system to produce a dashboard of every unit crossing a border where we pay a duty, and how much we are paying different countries like Japan, Malaysia, Vietnam or any of the hundreds of different countries we do business in today with suppliers or distributors? This is all very real.

Global 40

Global Price Reduction Inventory Reduction Cambodia 40

Supply Chain Network

JANUARY 26, 2012

Little did we know that 2011 would bring earthquakes in New Zealand, a tsunami in Japan and record floods in Thailand which, looking back made 2010 look like a cake walk. IDC (Worldwide manufacturing supply chain 2012 top 10 predictions) agrees, saying “Risk Management will mature as a focus area for supply chain segmentation”.

Predictive Analytics Software 124

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Supply Chain Software 124

Precoro

JUNE 21, 2023

One essential component of the financial cycle is Accounts Payable (AP), which refers to the amounts owed by an entity to its suppliers, vendors , and creditors for goods and services received. Saving and organizing documents and records for AP transactions, such as purchase orders , receipts, vendor invoices, and payment records.

Procurement Analytics 98

Procurement Analytics Expense Reduction Procurement Solutions Guidelines 98

Logistics Viewpoints

JULY 16, 2021

Much like the Olympics were pushed off for a year due to the Covid-19 pandemic, so too was the 2020 UEFA European Football Championship, commonly referred to as UEFA Euro 2020 or simply Euro 2020. FedEx’s autonomous delivery bot, Roxo, arrives in Japan. Amazon patents trucks that unleash and direct fleets of delivery drones.

Logistics Network Optimization Software 38

Logistics Network Optimization Software Logistics Italy Manufacturing Procurement 38

Talking Logistics

DECEMBER 16, 2016

“If you have a tsunami and part of your supply chain is knocked out, as happened a few years ago, you have better info about where parts are,” he said, referring to the earthquake and subsequent tsunami that struck Japan in 2011. companies that move manufacturing operations overseas? Will he impose tariffs on imports from U.S.

Predictive Analytics Software 50

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 50

EcoVadis

APRIL 7, 2017

The granting of patents by the United States Patent and Trademark Office (PTO) is often referred to as an indicator for cutting edge innovation and efficient R&D investment among companies. Source: CEPGI. Additionally, every type of green technology patent tracked by the CEPGI has seen steady increases in numbers since 2002.

Waste Reduction 49

Waste Reduction Sustainability Sourcing Strategies Cost Reduction Strategies 49

KEPLER Consulting

APRIL 9, 2018

The JIPM (Japan Institute for Plant Maintenance) has defined in 1989 the eight pillars of the TPM management approach : Autonomous management and maintenance of equipment. The term “big data” refers to large, technically complex data sets for typical data analysis and processing applications. Sources : Boud, A.

Analytics Software 40

Analytics Software Predictive Analytics Software Modeling Software Supply Chain Network Software 40