Tag: supply chain

Digital Supply Chain Platforms – Extending Information, Intelligence and Business Automation to Drive Value

The drive to compete in the Digital Economy has accelerated organizations from strategy development to investing in project deployments in the last couple of years.  Areas of investment run the gamut, but a large share are focused on digitizing global supply chains.  Projects are being enabled by new digital technology platforms (not unlike Uber, Netflix,…
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A Short Guide on Service Level Metrics and Service Level Planning

Large amounts of behavior variability exist from the time a customer issues a purchase order to the time the supplier’s truck arrives to the customer and the customer inspects the goods to ensure they received what was ordered and there are no damages.  For an enterprise to continually improve, it must measure key metrics during…
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Block chain – the Newest Technology in Supply Chain Part 2

As mentioned in a previous post, block chain is a distributed digital ledger that is anonymous and secure. The type of security block chain brings to businesses is appealing since it can cut costs and cut out middle men.  Block chain as the digital ledger can help companies keep track of price, date, location, quality…
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How Lean Six Sigma can be Beneficial to your Supply Chain

In our previous post we went over the basics of Six Sigma and Lean Manufacturing. In this post we will discuss how these principles can assist with your supply chain. Businesses had been using each principle separately to enhance their business, but another way of increasing your supply chain flow is to combine the two…
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The Basics of Lean Manufacturing and Six Sigma

Lean manufacturing and six sigma are not new concepts to business practices. In fact, lean manufacturing was implemented by Toyota back in the 80’s after they had studied the difference between U.S and European manufactures. From their studies, lean manufacturing was born and the way of focusing on eliminating waste and lead time was created.…
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