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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. Continuous improvement as a way of life.

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The History of Fleet Route Optimisation in Logistics

Logistics Bureau

So thats the route were taking in this article (no pun intended), we’ll be exploring the evolution of fleet route optimisation from a time-consuming pen-and-paper exercise to a high-tech process that, in some cases, can be completed in minutes. But first, what is route optimisation?

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Know Your Supply Chain KPIs – Procurement

Logistics Bureau

Whether you’re planning to benchmark your supply chain or simply trying to improve how you measure its performance, it makes sense to know a little about the most commonly used KPIs for each supply chain component. 7 Procurement KPIs You Should be Using. Supplier Lead Time. Cost per Purchase Order and Cost per Invoice.

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Editor’s Choice: 8 Supply Chain Planning Challenges Retailers Will Face In 2022 And Tips To Overcome Them

Logistics Viewpoints

Insufficient materials to meet customer demand. The ongoing chip crisis since last year affecting 100+ industries is the best example: supply couldn’t meet the increased demand, which led to rising prices and shortages in computers, cars, and pretty much any other electronics product with chips. To read the full article, click HERE.

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6 challenges facing medical device manufacturers and how ERP analytics can provide a cure

SYSPRO Smarter ERP

The following are six key challenges faced by medical device manufacturers and how ERP analytics can transform operations—from regulatory compliance to supply chain optimization. ERP analytics enable the reporting and tracking of variances and defects, providing valuable insights to improve the design process.

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Key challenges and solutions for the fabricated metals industry

SYSPRO Smarter ERP

The fabricated metals industry operates with a low margin in a highly competitive market and material availability, production schedules and workforce skills must align to meet customer expectations. Challenge: Meeting unique customer requirements. The technique for performing the tasks requires extensive skills and training.

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Build a Digital Playbook Beyond Scenarios to Thrive in Uncertainty

Logistics Viewpoints

Today’s supply chains are fraught with uncertainties across demand and supply yet are tasked with adding incremental value to their organizations while also meeting commercial, working capital and sustainability goals. The goal goes beyond minimizing losses to optimize operations in a way that drives profitability even during turbulent times.