article thumbnail

Transforming The Theory Of Constraints To The Agent-Based Development And Implementation Model For Today’s AI

Procurement Insights

Supply Chain Management: Streamlining supplier performance to meet demand. Project Management: Optimizing resource allocation to avoid bottlenecks in project timelines. Common Applications of TOC in Different Industries Manufacturing: Improving production flow by identifying machine bottlenecks.

article thumbnail

Supplier Performance Management – The Ultimate Guide

SCMDOJO

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). Supplier evaluation is situational.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Lean Six Sigma for SMEs: A Path to Continuous Improvement

SCMDOJO

2007) According to Abramowich (2008) leading Six Sigma companies no longer just talk about quality or cost reduction. Figure-d: A New Lean Six Sigma (source: Abramowich, 2008) Deployment Models Various deployment models have been proposed to guide organizations in implementing Lean Six Sigma effectively. Hoerl, R.W., 38-39 Achanga, P.,

article thumbnail

Melissa Drew on Fast Talk, AI, and Closing the Gender Gap in Supply Chain

Let's Talk Supply Chain

Melissa has a Project Manager Professional (IT) Master’s Certificate from The George Washington University and a Masters in Management Information Systems from Auburn University. I’ve consulted several cloud procurement & supply chain application providers (2008-2012) and influenced their product roadmaps.

article thumbnail

Why & How Much Should Be Spent On Procurement Intelligence & Analytics Services?

Empowering CPO

As per 2008 study by Corporate Executive Board, 12% of total marketing budget goes towards market research. Right kind of data and research along with solid number crunching abilities are very crucial for successful execution of any strategic sourcing process and ongoing category management. 1% for B2B and 0.9%

article thumbnail

7 Best Supply Chain Books of All Time

Supply Chain Opz

Obsolete and out-of-print books are not included. Editor's decision is used to finalize the list of the best books. - The links below are #paid links. The assumption behind this is that college students will buy textbooks anyway so there is no need to have a copy in the library. References - Moed, H. Citation analysis in research evaluation (Vol.

article thumbnail

Change Management: Real-World Strategies and Examples 

Pipefy

Key actions in this initiative included certifying appropriate team members in change management methodologies and building change capabilities into existing workflows. The UVA also encouraged project managers to serve as change managers for their respective projects.