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Ethical Considerations in Supply Chain Compliance

Logistics Viewpoints

For example, integrating renewable energy into supply chains can reduce environmental footprints while enhancing brand equity, demonstrating a commitment to sustainable operations. Key transparency initiatives include: Supply Chain Mapping: Using digital tools to trace the journey of products from raw materials to finished goods.

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What the New Administration Could Mean for Your Business

WorkWave

Made in America Tax Implications A proposed 15% tax rate for American-made products, coupled with tariffs on imported goods, could increase production costs. For example, if an employee works 40 hours at regular pay plus 10 hours of overtime, they will not pay federal income tax on those overtime hours.

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Toyota Kata: What If There Is No Takt Time?

The Lean Thinker

Steve’s proposal was a Current / Target condition template that includes more than the “blank generic version” but doesn’t focus so much on the cadence and timing: From Steve Medlin’s KataCon presentation. In other words, takt time is the required rate of production. are an example of this.

Capacity 360
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Context. The Key to Unlocking the Power of Your Supply Chain Data Strategy

Logistics Viewpoints

Planners need the right information at the right time, presented with the proper context, to make meaningful decisions. Is there an impact on service levels or product line? For example, a warehouse inventory discrepancy may only matter if it affects high-priority orders or strategic customers. Who needs to act, and when?

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Boston University’s Sourcing Transformation

Logistics Viewpoints

For example, he wanted a better way to manage tail spend. At a quarterly meeting of the Institute of Supply Management, Kevin Frechette, the founder and CEO of Fair Market, gave a presentation on tail spend management. Tail spend refers to low-volume transactions around a particular product.

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How Blockchain Technology Powers the Foundation of Digital Product Passports

Logistics Viewpoints

One promising application that is emerging in the Supply Chain and Sustainability space is Digital Product Passports (DPPs). Blockchain can serve as the backbone for tracking and managing product information throughout its entire lifecycle. Driven by regulations and a thirst for data transparency.

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Boeing: The Turning Point(s)

The Lean Thinker

Nor did they talk about executive bonuses or using excess cash for stock buybacks to raise the price of outstanding stock rather than investing that money into developing new aircraft; improving existing products or processes; or distributing that profit as dividends to the shareholders. I hired into Boeing in July of 1989.