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How Can You Improve Value in Your Supply Chain?

Supply Chain Shaman

For example, if I improve the cost structure in transportation, procurement, manufacturing and sales independently, what decision support framework decides the right trade-offs? The data outcome is open source and can be used to improve project outcomes. You are right. This is not a new project. How Do You Drive Value?

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Reflection: The Journey to be Market Driven

Supply Chain Shaman

Here I share snippets of their plans: Unlearnings In the class, I ask each student to keep an “Unlearning Journal” to record their unlearnings. I think that the CEO of General Mills needs an unlearning journal. The range of bullwhip from the order to planned orders for manufacturing was 2.5-4.0. What is unlearning?

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Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

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Best-Cost vs. Least-Cost Sourcing

Talking Logistics

The “reshoring” of manufacturing operations from China and elsewhere to the United States continues to make headlines. A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. One is the thought process around best-cost sourcing versus least-cost sourcing.

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From Buzzword to Business Driver: How RFID is Fueling AI in Manufacturing

QAD

This is the year that AI stops being just a buzzword and begins to evolve into an operational imperative for manufacturers, retail and supply chain companies. Like any engine, it cant run without fuel, and not just any type of energy source is going to cut it. Think of AI as a high-performance engine.

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Foxconn’s Announced Manufacturing Focused Large Language Model

Supply Chain Matters

Global based contract manufacturing services provider Foxconn announced this week the availability of an Advanced AI based large language model aimed at improving manufacturing and supply chain management services. These reports indicate that that the model is based on Metas Llama 3.1 All rights reserved.

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Ranking Journals: Academic Journal Guide 2021 (“ABS List”)

SCM Research

The influential Chartered Association of Business Scholars has just published its Academic Journal Guide 2021. I have looked at the ranks for 15 major OSCM journals. Once again, only the following OSCM journals were classified in category 4*: Journal of Operations Management , Management Science and Operations Research.

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