This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Amul formed a strategic partnership with the Michigan Milk Producers Association (MMPA) to facilitate its US product launch. Direct Procurement : Milk is collected directly from farmers at the village level. This empowers them to have a stake in the business and share profits. through net-enabled kiosks in the villages.
Jason is a professor of supply chain at Michigan State University, which is ranked as one of the top supply chain schools in the world. Withrow Endowed Emerging Scholar at Michigan State University’s Eli Broad College of Business. About Michigan State University, Department of Supply Chain Management. Inventory management.
Jason is a professor of supply chain at Michigan State University, which is ranked as one of the top supply chain schools in the world. Withrow Endowed Emerging Scholar at Michigan State University’s Eli Broad College of Business. About Michigan State University, Department of Supply Chain Management. About Jason Miller.
Recently I had the opportunity to go to Llamasoft headquarters in Ann Arbor, Michigan to play the game they have programmed for Supply Chain Insights around supply chain strategies and inside-out versus outside-in processes, SCI IMPACT! For the high cost materials, we were more careful with our inventory levels. Results Example.
Updated: February 4, 2025 According to Michigan State University , demand planning is a supply chain management process of forecasting, or predicting, the demand for products to ensure they can be delivered and satisfy customers. These forecasts are essential for planning inventory levels, production schedules, and resource allocation.
It should include inventory strategies, IT recovery, and communication frameworks. Everyonefrom procurement to customer serviceshould know their role during a crisis. The same is true if you are based in Florida, Delaware, Michigan, or anywhere else. Internal coordination is also central to a well-working strategy.
Chuck Intrieri is a: Certified Value Engineer (VE), Certified Purchasing Manager (CPM), Certified Production and Inventory Control Manager (CPIM), and is Lean Certified all of which attests to his deep understanding of operations and logistics beyond the confines of the purchasing function.
Managing inventory effectively is a constant challenge for businesses. Misunderstandings about the dynamics of inventory fluctuations, like the bullwhip effect, can exacerbate these challenges. Misunderstandings about the dynamics of inventory fluctuations, like the bullwhip effect, can exacerbate these challenges.
Back in the mid 1990’s when I first entered the Supply Chain field as a freshly minted MBA from the Eli Broad Graduate School of Management at Michigan State University, I was full of “state of the art” knowledge from visionary teachers like Don Bowersox, David Closs, Steven Melnyk and others.
Robinson Director of Research and Market Intelligence: The truck driver shortage is top of mind for many as supply chain disruptions continue, port backlogs persist, and the gap between inventory supply and sales demand widens. Our relationships with research firms and universities like Michigan State, combined with C.H.
While omni-channel by its nature is an enterprise-wide operation, 53 percent of survey respondents are still managing their transportation operations by location or division, ignoring the opportunities for centralized consolidation, routing and procurement that can cut costs and improve service.
But with a global TMS on a SaaS platform, you can connect your procurement relationships with suppliers and the costs all the way through your network and your customers – and then tie that data back to a single platform to get real business intelligence with a global perspective. What does it mean to finance? What does it mean to operations?
An excerpt from our book “The Procurement Value Proposition” got a nice section of CSCMP’s Supply Chain Quarterly edition this week. As a young assistant professor at Michigan State University, I was part of a group called the Global Procurement Benchmarking Initiative, led by Professor Robert Monczka.
Today, as the founder and managing partner of USM Supply Chain Consultants she has put her expertise in supply chain, procurement, finance and project management to work to help her clients achieve greater profitability. In the end-to-end supply chain there’s procurement, logistics, operations, and warehousing.
He began to develop a vision for tearing down the functional silos that separated production, marketing, distribution, sales, and finance to generate a step-function reduction in inventory and a simultaneous improvement in customer service. I first introduced the concept of supply chains to a group of executives at Michigan State in 1998.
Traverse City, Michigan based provider Starboard provides an innovative and interactive digital twin of a physical supply chain network leveraging gaming technology to allow users to explore what-if supply chain and business scenarios. The Logility team apparently shared in that perception and initiated conversations with Starboard.
Last Friday the labor union elected to target the Ford Motor assembly plant in Chicago that assembles the Ford Explorer SUV , and a General Motors final assembly plant in Lansing Michigan that assembles the Chevrolet Traverse SUV. Both facilities included an added 7,000 workers.
As a young assistant professor at Michigan State University in 1992, I was part of a group called the Global Procurement Benchmarking Initiative. All the while, they claim to be driving “world class procurement” or “world class logistics” practices, implying that these practices are the best of the best.
Because here in Michigan, in the Northern United States, we had one more winter storm. The three areas are: Value Chain Management Inventory Management Capacity Management. Value chain management is the process of monitoring and managing all the components that comprise manufacturing, procurement, production, and distribution.
Online marketing enthusiast and an inventory and supply chain optimization devotee, David covers both ends of the supply chain at his Supply Chain Inventory & Supply Chain Optimization blog. Lynch is GM at Michigan logistics provider, Rock Solid Business Solutions. milesahead. Online Marketing Manager, INFORM GmbH.
I was a young buck assistant professor at Michigan State University’s Eli Broad Graduate School of Management at the time, working with Bob Monczka… Steve spoke several times at the Executive Program held at MSU, and did a great job as I recall…). Steve described his experience this afternoon over pizza and sodas in Detroit.
As expected, with the existence of this industry’s just-in-time inventory replenishment planning, the implications of the work stoppages are cascading across individual automaker’s supply networks. He has further been a former faculty member at the University of Michigan.
Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns. If you haven’t developed any KPIs or monitoring processes, start thinking through what measures define success or failure, and how Procurement can go about confirming a supplier stays on track.
Meanwhile, salespeople for suppliers were trying to work around procurement. On every screen there were moving graphical visualizations of material inventory. Tom had literally put his inventory on these control towers, and it was all updating in real time. For example, there are around 200 startups for procurement analytics.
Jason is a professor of supply chain at Michigan State University, which is ranked as one of the top supply chain schools in the world. Summary: Market Insights In this podcast, Jason Miller, a professor at Michigan State University, shares his expertise on the current state of the supply chain and logistics industry. and Dortha J.
[Linton] co-authored The Living Supply Chain , which argues that “Speeding up the supply chain is at the root of everything that is good: improved revenue, reduced working capital, higher profitability, and less obsolete inventory. This will require re-designing the processes used to manage these sales-procurement relationships.
As we pen this posting on mid-afternoon Friday, the UAW ’s newest targets are reported to be a Ford Motor assembly plant in Chicago that assembles the Ford Explorer SUV , and a General Motors final assembly plant in Lansing Michigan that assembles the Chevrolet Traverse SUV. Both facilities involve an added 7,000 workers.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content