Cut-throat competition in industries has driven companies to find ways to reduce costs while increasing efficiency. To accomplish this, most companies have skillfully endeavored to streamline Sales, Operations Planning, Forecasting, Inventory Management, and Logistics. One area that has still not grabbed industry’s attention is out-bound Supply Chain Management–from packaging to final delivery. Companies generally neglect […]
Tag Archives | supply chain
Digital Transformation has propelled technologies and innovation in Logistics. Artificial Intelligence is taking charge of a number of repetitive logistics tasks. Organizations are benefiting from Automation in streamlining their cumbersome processes and cutting down delivery times. Automation is profoundly affecting the way Logistics are handled. It is disrupting the entire Logistics Supply Chain, not just […]
Technological advancement has come a long way. Artificial Intelligence is taking charge of a number of repetitive logistics tasks. Organizations are benefiting from Automation in streamlining their cumbersome processes and cutting down delivery times. Automation is profoundly affecting the way Logistics are handled. It is disrupting the entire Logistics Supply Chain, not just the warehousing, […]
Companies looking to improve efficiency and reduce costs can gain significant ground in the Supply Chain Management function by incorporating Lean Management and Six Sigma techniques. Reason this area has gone under the radar is that companies do not consider Supply Chain to be their core competency. Not only Warehousing but Transportation also has almost […]
Shortage of labor, intensified demand from e-tailers (online retailers), and technological disruption is forcing organizations in the Logistics and Warehousing industry to embrace technology, particularly Automation. An investment in automating the picking, packing, sorting, storing, and shipping items can yield high returns for organizations. Warehouses that will sort out the dynamics of e-commerce, select the […]
Supply chain management across industries is being revolutionized at a rapid pace by technology. By implementing technology systems, supply chain organizations aspire to eliminate waste, meet customers’ needs at reasonable costs, and ensure profitability. Enterprise Resource Planning systems facilitate in processing unstructured data at an aggregated level. However, at workflow or micro level the data […]
Factory Audits are often conducted by companies to confirm whether the supplier is delivering the supplied goods per agreed-upon terms and standards (e.g. quality, safety, ethical, environmental, etc.). This has become an important undertaking for companies to continually ensure that it consistently meets it’s quality and performance standards. In a time where there is global […]
Supply Chain Management is getting more and more complex. The pressure on the Supply Chain information to be made public is also increasing day by day. With the popularity and widespread use of social media, it has become more and more difficult for organizations to hide information pertaining to supply chain practices, employees’ treatment, suppliers’ […]
Supply Chains often get disrupted by calamities that are beyond human control. Natural disasters, such as tsunamis and floods, in the last decade have drastically affected major businesses—from automobiles to technology, to travel, to shipments—and exposed critical weaknesses in Supply Chain mechanisms around the globe. And, now, we are living through a global disruption of […]
The Value Chain concept, first described by Dr. Michael Porter in 1985, is a series of actions that a firm—in a specific industry—accomplishes to produce a valuable product or service for the market. The value chain notion visualizes the process view of an organization, perceiving a manufacturing or service organization as a system comprised of […]
There is no question that the Retail industry has been experiencing disruptive change. Traditional retailers can no longer survive in a Digital Age dominated by e-commerce. Even a traditional physical stores having an e-commerce presence is not enough, with the rapid growth of Mobile and Social Media. As technologies and accessibility continue to improve, the 21st […]
Popular Documents on Flevy
- 4 Effective Ways to Manage Resources More Efficiently
All workplaces are an integration of numerous departments working together as one to ensure the business runs smoothly. Almost every sector is reliant on o...
- Are You Familiar with the ADKAR Change Management Model?
Not many people have heard about the ADKAR MODEL! Developed by Jeff Hiatt—the Founder of Prosci (a Change Management research and advisory)—the ADKAR Ch...
- We’re in the Post-COVID World: Has Your Workforce Been Digitized?
We can call it the Digital Age, the Age of Automation, or the Post-COVID World, it doesn't matter. All trends point to the same outcome -- Workforce Digiti...
- Eliminate Non-Value Added Activities in Your Organization
Recession or boom, companies need to sharpen their competitive edge by applying Lean Management principles to cost reduction—that is, the elimination of no...
- Continuous Improvement 101: The Deming Cycle (PDCA)
"Continuous Improvement" is a term management consulting firms love using. It's also a driving principle behind Lean Management. So, how can we achieve...
- The 12 Areas of Post-merger Integration (PMI): Your Guide to Starting PMI the Right Way
Post-merger Integration is a highly complex process. It requires swift action as well as running the core business activities simultaneously. There is no o...
- The Dexterity of the Competing Values Framework (CVF): Organizational Design, Leadership, Culture, & More
The Competing Values Framework (CVF), developed by Robert Quinn and Jon Rohrbaugh in the 1980s, is a management theory that was developed initially from re...
- Follow These 13 Lean Principles to Eliminate Waste in the Warehouse
In managing and improving the operations of your warehouse, consider Lean initiatives to eliminate all waste and bring value to your customers beyond their...
- 14 Principles of Lean Toyota Production System (TPS)
Editor's Note: Charles Intrieri is a consultant with over 25 years of experience in Operational Excellence, Supply Chain & Logistics, and Metrics-driven Ma...
- Strategic Management Done Right: Set up a Strategic Management Office (SMO)
Most organizations struggle with Strategy execution. In fact, numerous studies from top consulting firms (including McKinsey, Bain, BCG) and Harvard Busine...