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Boeing: The Turning Point(s)

The Lean Thinker

Of course, a high stock price enriches those people who already own shares, and makes options and stock grants more valuable, but they didn’t get into that either. These study missions were quite eye-opening for the participants. Soon after these study missions someone decided, “Everyone in management needs to hear this.”

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A Guide to Supply Chain Key Performance Indicators (KPIs)

Logistics Bureau

Of course, the big challenge in this type of external benchmarking is obtaining the necessary data, since many companies are wary of sharing performance data with potential competitors. Of course, its also possible to add further tiers for even more granularity, but again, the more levels you have, the more complex your KPI solution.

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7 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

Most companies begin with the best intentions to achieve successful and sustainable supply chain cost management, but somehow seem to lose momentum, only to see costs increase again in short order. The only option was to try to reduce levels of inventory, which, up to that point, had been kept very high to support a nine-week order cycle.

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3 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

Most companies start out with the best intentions to achieve successful and sustainable supply chain cost management, but somehow seem to lose momentum, only to see costs increase again in fairly short order. Retail activity is extremely seasonal, with the majority of sales made between March and July. Reduce cost to serve. plants to four.

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TWI: Is it Time to Rethink Job Relations?

The Lean Thinker

In addition, there are companies that are “training the trainer” to deliver the course precisely – which is good – and coaching them not to deviate from the words in the manual. The challenge, of course, is that nobody owns this material. Now… reality is more subtle than this, of course.

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Editor’s Choice: How an OMS Provides a Competitive Advantage

Logistics Viewpoints

Despite becoming commonplace in commerce in recent years, companies have yet to unlock the full competitive advantage an Order Management System (OMS) can bring to their operations. It is making use of inventory that is the easiest/fastest to get to the customer, no matter through which channel the order was placed.

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What to Expect in 2019: MIT Business Experts Weigh In

Material Handling and Logistics

And most studies show that by allowing automation to do the repetitive, low-valued-added task, people are able to move toward innovation and problem-solving. Easier funding is, of course, important to business leaders, as is a modernized proxy system. Human Capital Management. Technology will continue to transform how we work.