Your supply chain is costing you money – Reason #9: Relentless pursuit of one metric at the expense of other metrics.
DECEMBER 3, 2014
Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #3 Not having end-to-end supply chain visibility. Reason #4 Making key decisions by modelling the supply chain in Excel. Reason #5 Not having a supply chain risk management process. Reason #7 Making decisions based on bad data (supply chain data accuracy). CQI, TQM, Six-Sigma, Lean, etc.