Just months after snarled supply chains led to widespread inventory shortages, the proverbial pendulum has decidedly shifted to the other side. Now, companies have a different problem. They have ...
According to Jeffery Liker’s book, The Toyota Way, it’s estimated that most business processes are 90% waste and 10% value-added work. Value-added activities in a process are considered those that ...
Many of those in supply chain management learned early on the principles of just-in-time (JIT) manufacturing. Inspired by the work of Taiichi Ohno at Toyota Motor Co., the JIT revolution tightly ...
Semiconductor manufacturing represents one of the most technically demanding sectors in modern industry, where production planning and supply chain management are imperative for ensuring efficiency, ...
I recently read an article that drove me crazy. In discussing “work-in-process” it talked about “pull systems” and how they are essential to lean success. It also discussed that pull systems are ...
Supply Chain Management is how business gets done. Supply chain management spans all movement and storage of raw materials, work-in-process inventory, and finished goods from point-of-origin to ...
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