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 ...
The supply chain industry is at a crossroads. Once upon a time, when most products and components were in abundance, a lean supply chain was a miracle of efficiency. Lean principles were used in every ...
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 ...
The value chain, created by Michael Porter, is a business management concept that includes nine activities that work together to provide value to customers. When a company implements a value chain, it ...
Tom Kelly, instructor of supply chain at Western Michigan University, shares his experience on the benefits of Lean Six Sigma certification courses, which the Haworth College of Business will begin ...
Lean and just-in-time (JIT) strategies are still vital to supply chains. Lean management practices JIT strategies may have taken a beating in recent years, but only because companies relied too ...
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 ...
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 ...
In the constantly evolving world of supply chain management, the executive quest for new knowledge, qualifications and skills never really ends. With new challenges, opportunities and technologies ...
Because lean manufacturing reduces waste and increases the efficiency of your production line, it has an impact on other parts of the business. Converting to the new system requires adjustments within ...
Supply chain management (SCM) refers to the planning and coordination of activities involved in sourcing materials, producing goods, and managing logistics across a supply network. SCM involves ...
Through the Center for Supply Chain Excellence, the Richard A. Chaifetz School of Business at Saint Louis University offers executive education programs that provide every member of the supply chain ...