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Lean Six Sigma for SMEs: A Path to Continuous Improvement

SCMDOJO

Over the years, various methodologies have emerged to address this need, including lean manufacturing, Six Sigma, and the integration of both known as Lean Six Sigma (LSS). In this blog, we’ll delve into the integrated Lean Six Sigma approach, exploring its benefits, deployment models, moreover the implications for SMEs.

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Can Blockchain Unblock Supply Chain?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. What Supply Chain Management problem does this solve? The biggest problem in the transitional supply chain is lack of open and trustworthy information availability across the supply chain caused by multiple issues – trust, technology and legacy practices being the top ones.

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316: Plug In and Go Faster, with TraceGains

Let's Talk Supply Chain

Founded in 2008, TraceGains connects people and information so teams can work smarter. As a global technology company, they provide networked innovation, quality, and compliance solutions to consumer brands that want to reduce supply chain risk, innovate faster, speed up business processes, and take control of data.

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Top Tips for Successful Sourcing From Overseas Suppliers in 2024

Una

Meanwhile, trade wars and rising tensions have led to what the Financial Times has described as a “great reshuffling” of global supply chains, with US FDI (foreign direct investment) in China falling from a peak of $20.9bn in 2008 to an 18-year low of $8.2bn in 2022. You want to keep your suppliers honest.”

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The Procurement Economy in 2019: Bracing Yourself for the Future

Jaggaer

As we’ve explored in our last two blog posts, economists are predicting a decline in global economic growth due to policy and trade issues both in the United States and the European Union , bringing an increased risk to supply chains and procurement organizations.

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Top Mobile Banking Trends to Watch!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. It is needed to ensure the efficiency of the cost of ownership of the technological landscape of financial services. IBC Bank, in Texas, released its iPhone app back in 2008. You lean your smartphone, tablet or smartwatch against the payment terminal — the payment has passed.

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When is it Time to Invest in Procurement Technology?

Jaggaer

The financial meltdown of 2008 provided a further impulse. Whichever way you look at it, most SME (small to medium enterprises) and large companies alike have found managing supply chains and their spend very difficult compared to how it was just a few months ago. Resiliency and Agility is the Name of the Game.