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Lean Supply Chain Management – 2022 and Beyond – Supply Chain Hierarchy of Needs ™
Lean Supply Chains, while still important are not robust enough to meet the needs of today’s global supply chain requirements. Jim Gitney, the CEO of Group50 Consulting, discusses new requirements and methods for Lean Supply Chain Management and introduces the Supply Chain Hierarchy of Needs ™ as a guide to implementing Lean and Agile supply chain (more…)
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Objectively Picking The Right Manufacturing Location
Is picking the right manufacturing location purely an objective exercise or is it subjective as well? The answer is yes to both. The objective side clearly affects your P&L, while the subjective side effects the risk to your P&L. In choosing the right manufacturing location it is important to do the analysis with 4 key objectives in mind. They are as follows: (more…)
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Using the Supply Chain Hierarchy of Needs ™ to Plan Next Steps
The economy is troubling everyone again. It is unclear how deep the recession is going to be, but it is obvious that demand is declining and many of our clients are continuing to see supply chain issues. I expect to see another lead and lag between demand and supply over the next 8-12 months, so here we go again.
You and your team are probably trying (more…)
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Supply Chain Hierarchy of Needs™
Supply chains are the heart and arteries that drive a company’s strategic success. From raw materials through the full life cycle of the product or service, lean supply chains have constantly changing requirements and have been significantly challenged with the frequency of massive disruptions. The Supply Chain Hierarchy of Needs™ provides a framework for (more…)
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