The concept of “Lean,” which is essentially a team-based approach to continuous improvement focused on eliminating non-value added activities or “waste” from the viewpoint of the customer, has been ...

The supply chain industry is at a crossroads. Once upon a time, when most products and components were in abundance, a lean supply chain was a miracle of efficiency. Lean principles were used in every ...

In the “Benefits of Lean Accounting in a Lean Manufacturing Company,” author Dan Anthony discusses the major differences between traditional and lean accounting, starting with a quote from Taiichi ...

Understanding the value of lean logistics is important — but knowing how and where to eliminate waste and trim down costs is the true benchmark of successful supply chain management. Lean thinking has ...

Forbes contributors publish independent expert analyses and insights. I cover the impact of AI and Machine Learning on the supply chain. There’s been a long-held concept that a supply chain could be ...

Editor’s Note: Every year, 40 or so students in the MIT Center for Transportation & Logistics' (MIT CTL) Master of Supply Chain Management (SCM) program complete one-year thesis research projects. The ...

For most electronic supply chain managers, inventory is anecessary evil. Even manufacturers running lean supply chains must holdinventory to make up for imperfect demand forecasts. When demand grows, ...

In a webinar hosted by Becker’s Healthcare on Sept. 25, Ned Turner, senior vice president of perioperative supply management consulting at Mundelein, Ill.-based Medline, discussed common challenges in ...

In terms that I know this audience will understand, what we’ve done is created a lean supply chain, if you will, for Electronic News, Electronic Business and EDN’s online content. Now you can get ...

Welcome to the world of ergonomics, logistics and retailing. Ergonomics can play a vital role in supporting materials management and the retail aspect of the business world. Ergonomics allows an ...

What is Supply Chain Management? Supply chain management (SCM) is the strategic orchestration of activities that encompass the planning, sourcing, manufacturing, distribution and customer service ...

Through the Center for Supply Chain Excellence, the Richard A. Chaifetz School of Business at Saint Louis University offers executive education programs that provide every member of the supply chain ...