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Manufacturers Should Focus on This Most Critical Component for Manufacturing Operations Excellence

GlobalTranz

We conclude this two part series about manufacturing operations excellence by consultant Chuck Intrieri, by outlaying why manufacturers should focus on a critical component that will help sustain manufacturing operations excellence for years to come. What is Driving Sustainable Manufacturing Operations Excellence? Work centers?

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Supply Chain’s Next Decade of Dealing With the Unknown

MIT Supply Chain

The inaugural post appeared on March 4, 2014, and was about the rising status of the supply chain profession. Some events and trends driving the supply chain’s standing back in 2014 remain just as influential in 2023. Decisive phase But some of the 2014 challenges we still witness today have become more urgent.

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Is the Package Under your Tree?

Supply Chain Shaman

In 2014, ecommerce strategies grew in importance. At that time, manufacturers talked about customer-centric supply chains, but were afraid to aggressively adopt ecommerce strategies. Get Good at Having a Real-time Perpetual Inventory Signal. Foundational for ecommerce is a real-time perpetual inventory (PI) signal.

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16 Cost Reduction Strategies in Inventory Management

Unleashed

It may also be useful to use KPIs for your most important suppliers – for example KPIs for goods and services are delivered, whether they are on time, and whether they meet quality expectations. Using this strategy improves efficiencies in product delivery, frees up capital and reduces warehousing costs.

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Walmart: 3 Keys to Successful Supply Chain Management any Business Can Follow

GlobalTranz

However, one thing that should come to mind is the prowess of the retail giant’s supply chain excellence. ” It adds: “We believe a business should strive for not just the lowest prices, but the lowest true cost for all. ” The Key’s To Walmart’s Supply Chain Management Excellence over the Year. .”

Gartner 120
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Collaboration? When It Comes to Cash-to-Cash, We Don’t Know How to Walk the Talk

Supply Chain Shaman

Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. In times of uncertainty, cash is king. In times of growth, when companies are funding inventory builds, cash is needed. Here I share perspective on cash-to-cash abuse. Let me explain. I am troubled.

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8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. Conversely, just 8% of businesses with less capable supply chains report above-average growth. Supply Chain and Business Success By the Numbers. Supply Chain Strategy.