Articles
Lean Supply Chain
Going Straight to the Sourcing
Strategic sourcing, which consultants popularized in the late 1980s/early 1990s, is a supply chain management approach that formalizes the way organizations gather and use information to leverage consolidated purchasing power and find the best values in the marketplace. Strategic sourcing involves developing supply channels at the lowest total cost, as opposed to the lowest purchase […]
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Store Delivery Keeps Retailers in the Game
Multi-channel retail and fulfillment is typically based on the assumption that customers choose a main way to connect, whether physical stores or a website. Many retailers manage each channel separately with different teams, budgets, processes, tools, reporting structures, and revenue goals. In multi-channel retail and fulfillment, stores have their own stock and sell directly to […]
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Don’t Let Your Office Go to Waste
When analyzing your supply chain for efficiency improvements, it can be easy to ignore administrative activities. But office activities can constitute approximately 50 percent of the order-to-shipment lead time, and about 60 to 80 percent of all cost pertaining to meeting your customers’ needs. Many companies treat office activities in the supply chain and elsewhere […]
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Internet of Things to Come
The Internet of Things (IoT) allows users to collect and make data visible at key points, improving customer satisfaction and optimizing supply chain responsiveness. It can also offer greater differentiation and innovation, leading to a competitive advantage. IoT is widely discussed, but what does it refer to and how does it relate to the lean […]
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Peak Season Planning: A Year-Round Venture
It’s never too early to start planning for peak season supply chain capacity. To meet customer demand at a reasonable cost, it is best to plan ahead as much as possible with a lean, flexible supply chain. Many retailers do an inordinate volume of business—some as high as 70 percent—from Black Friday until the end […]
Read MoreSometimes It’s Better Not to Be So Pushy
Supply chain processes fall into one of two categories: pull systems, where a company initiates execution in response to a customer order (reactive) and push systems, where execution is initiated in anticipation of customer orders (speculative). The boundary that separates push processes from pull processes is one measure of a supply chain’s “lean-ness”—the farther upstream […]
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Golf Ball Maker Hits Supply Chain Sweet Spot
Sporting goods manufacturer Acushnet took a swing at a demand-driven replenishment process for finished goods and met peak season demand to a tee.
Read MoreGlobal Supply Chain Risk: Don’t Wait, Mitigate
Having a global supply chain risk management strategy in place can not only increase value to your customers but also reduce your costs and increase performance. Companies globalize supply chain management to increase competitive advantage, add value to the customer, and reduce costs through global sourcing. But global supply chains also increase risks from considerations […]
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Stay Competitive with a Flexible TMS
Lean principles, when used in conjunction with a transportation management system (TMS), can deliver lower transportation costs, reduced inventory levels, and progress toward business goals. New technology is emerging to further improve the efficiency of transportation systems. You must manage and properly control—with complete visibility and great communication between partners—the transportation systems that connect your […]
Read MoreManufacturing is Returning to the United States
In 2016, leading technology brands collectively announced billions of dollars in investments in US manufacturing, creating hundreds of thousands of jobs and supporting reshoring. But manufacturing today is not the same as when it left: Gone are many of the large steel mills, auto plants and computer factories and in their place a greater volume […]
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