Lean manufacturing is here to stay, and original equipment manufacturers (OEMs) that want to keep up with the competition will need to stay on top of the many tools and methods, such as value stream mapping, to keep their factories running efficiently and smoothly.
Without proper supply chain management strategies in place, any other efforts to enhance production efficiency and product quality will be significantly hampered.
When original equipment manufacturers (OEMs) leverage the right supply chain management software, they can reap a slew of benefits. But choosing the perfect system can sometimes seem a monumental task.
In this episode of our supply inefficiency series, we want to talk about the costs associated with errors.
Today, we're going to discuss the many ways freight costs can add up.
In this episode, we will look at carrying costs.
In this video, we want to talk about hidden labor costs that could be costing you money.
As the U.S. manufacturing sector continues to expand economically, the growth is making waves across the nation and changing the face of the manufacturing supply chain.
Lowering cost is always at the top of every production department's list, but many manufacturers just shop for the lowest price and completely miss the bigger cost-saving opportunity.
Many different external factors can threaten the supply chain both globally and locally. While it can be difficult to predict when the next political fiasco or natural disaster will strike, looking to recent issues can provide insight into what sorts of incidents manufacturers can prepare to face.