The concept of “Lean,” which is essentially a team-based approach to continuous improvement focused on eliminating non-value added activities or “waste” from the viewpoint of the customer, has been ...
There has been a decades-old challenge in the supply chain industry that organizations could have either an agile supply chain or a lean supply chain, but they couldn’t have both at the same time. The ...
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There’s been a long-held concept that a supply chain could be agile or lean, but not both. In last month’s article, we explored how with the right digital transformation, there is no reason why a ...
Every business is unique. For most, simply adopting a single, prescribed approach is a risky move. In the case of Six Sigma, it can be especially tempting to, seeing the success of major companies ...
Logistics is often a candidate for outsourcing in a company as it may not be one of its “core competencies.” In many cases, a third party logistics provider or 3PL is used. As you may already know, a ...
The world is investing heavily in supply chain resilience. Re-shoring or near-shoring factories, “just-in-case” inventories, and qualifying alternative suppliers are among the most common ways that ...
LONDON--(BUSINESS WIRE)--SpendEdge, a leading provider of procurement market intelligence solutions, has announced the completion of their latest article on why are SCM professionals rooting for agile ...
The intersection of AI and real-time data, in concert with the industrial IoT, will continue to provide a more holistic view and control over the supply chain, and with any luck will help prevent ...