Procurement Insights
NOVEMBER 26, 2023
EDITOR’S NOTE: This post was originally published in the Procurement Insights blog on December 3rd, 2007 – almost 16 years ago. The catastrophic results included mass layoffs and the significant write-down of excess inventory, costing the company millions of dollars.) So, why am I reposting it today?
SCMDOJO
FEBRUARY 19, 2024
– Operational improvements (reduction of lead time, increase in productivity, and reduction in work-in-process inventory, etc.). Past, Present, and Future of Lean Six Sigma: Snee and Hoerl (2007) recommended many companies have focused on lean or Six Sigma, but rarely on both, as their improvement approach. Hoerl, R.W.,
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Procurement Insights
MARCH 19, 2023
” In July 2007, I wrote the article “ Public Sector Procurement and the Walmart Effect. link] In August 2022, I wrote, “ In Excess: How Target and Walmart are struggling with more inventory than they can sell. Newton’s third law states, “for every action, there is an equal or greater reaction.”
Procurement Insights
NOVEMBER 17, 2023
The July 20, 2007, Wall Street Journal published an article titled, “A Key Strategy of Japan’s Car Makers Backfires,” which begins: For want of a piston ring costing $1.50, nearly 70 percent of Japan’s auto production has been temporarily paralyzed this week.
EazyStock
MARCH 14, 2023
Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention. What the last recession taught us An article from McKinsey & Company (2022) analyzed the performance of about 40 publicly traded distribution companies during the 2007-2009 recession.
Procurement Insights
DECEMBER 26, 2023
For anyone following this blog since its first post in May 2007, this will sound like a “broken record” – the key to successful digital transformation is to use an agent-based versus equation-based model. strand commonality also includes factors such as the time-of-day (TOD) orders are placed impact on commodity types.”
SCMDOJO
SEPTEMBER 4, 2023
LSPs generally endow tremendous inventory management and warehousing solutions, conveyance of orders and international logistics. They can save corporate capital on expenses and give customers much speedier services due to their connections and incentives (Li, 2007). Disadvantages of 3PLs Yet, 3PLs have several drawbacks as well.
Expert insights. Personalized for you.
72 
Let's personalize your content