Tag Archives: Supply Chain Improvement

Retaining Supply Chain Expertise

institutional knowledge
The biggest challenge organizations face is retaining expertise and organizational knowledge.  This may be hard to fathom, but in the 29 years I have been helping supply chain and business organizations make better decisions, it is surprising how often the groups re-visit the same decisions over again.  Key roles are turning over more quickly, and …
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The Impact of 5G Networks on the Digital Supply Chain

5G networks are the next generation of mobile internet connectivity, offering faster speeds and more reliable connections on smartphones and other devices than ever before. 5G will help power a huge rise in Internet of Things technology (extension of Internet connectivity into physical devices and everyday objects), providing the infrastructure needed to carry huge amounts …
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Effects of Highly Seasonal Demand on a Supply Chain

Seasonal Demand Product
I was in the grocery store the day after Easter – a shopping cart caught my eye. It was all the leftover goodies discounted to $1.00 from $5.99. These items had not suddenly gone bad – they were just cookies and candies shaped like rabbits and Easter Eggs. This cart of items started me thinking …
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Reinforcement Learning

machine learning
I recently went to a talk on Reinforcement Learning (RL) in my local .Net development group.   I found the topic fascinating.  For those not familiar with Reinforcement learning; it is a type of unsupervised machine learning where the algorithm uses real-world feedback over time to learn what to do.   Instead of providing a set of …
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Identifying Which Customers Not to Serve!

Many companies don’t yet optimize their Total Delivered Cost (TDC) in their Supply Chain. Total Delivered Cost is the real measure of how much money it takes for a company to manufacture and deliver a product.  TDC gives you more accurate information than COGS, by giving you more details, and is based on the actual flow …
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What Supply Chain Hell Looks Like

There’s no doubt that the Sales and Marketing side of a business can often seem like the ‘sexy’ side of the operation.  Just picture a new car showroom with all of those shiny, glitzy vehicles just waiting for a test drive.  But the supply chain that put those gleaming new cars in the showroom initially …
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Perseverance, Seasoned with Flexibility Builds a Better Supply Chain

Perseverance, seasoned with flexibility builds a better supply chain.
The Business of improving a Supply Chain is a similar experience to digging a French drain. My 1730 New England farmhouse sits a bit downhill from my driveway, and when it rains hard, or for long periods, the water will follow the slope from this watershed and make its way into my cellar. I have …
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Tardigrades can survive anything…. Can your Supply Chain?

survive
Tardigrades, which are often called water bears, are nearly microscopic. Although they are usually water dwelling creatures, they can be found in Antarctic ice, ocean depths of 14,000 feet and in the Himalayas at a height of 20,000 ft. They can survive just about anywhere, including outer space. Fossils of tardigrades have been found in …
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