Logistics Viewpoints
APRIL 10, 2025
For years, supply chains were engineered to be lean. Reducing cost was the primary objective, and most operational decisionsfrom sourcing to fulfillmentreflected that mindset. Lean models alone are no longer sufficient. But todays global environment is more unstable than it was a decade ago. AI also helps with scenario modeling.
Logistics Viewpoints
OCTOBER 31, 2022
The Transition from Lean to Resilience. No industry has been more committed to lean practices than the auto industry. Lean cuts inventory out of the supply chain. But when things go wrong, lean can lead to large losses in sales because there are no just-in-case inventory buffers.
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Logistics Viewpoints
OCTOBER 21, 2024
As a result, hospital chains largely lacked competence in sourcing. Sometimes they’ll lean in, and have a discussion, and it usually resolves itself.” In many healthcare systems, the costs of these supplies and services were not closely examined. The costs were passed down the line to patients and insurers.
Logistics Viewpoints
MARCH 6, 2025
Companies leaning heavily on global sourcing? manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. Consequently, when shortages emerged, they had already secured alternative sources, thereby averting a significant disruption to production. For example, U.S.-based
Logistics Viewpoints
MARCH 19, 2025
Just-in-time (JIT) inventory models, lean supplier networks, and offshore manufacturing reduced expenses but left companies exposed to disruptions. The COVID-19 pandemic and ongoing geopolitical shifts demonstrated the risks of relying on single-source suppliers and minimal inventory buffers. Resilience is now taking precedence.
ivalua
FEBRUARY 10, 2023
One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. S2P: Where to Start Ivalua provides a comprehensive set of integrated solutions that span the entire Source-to-Pay lifecycle.
USC Consulting Group
JUNE 3, 2025
However, artificial intelligence (AI) and data science now augment traditional practices, leading to innovations in Lean manufacturing. Lean manufacturing remains foundational to operational excellence. Organizations can employ AI for real-time data analysis to support Lean initiatives.
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