What does a LeanDNA implementation look like from an IT team’s perspective? LeanDNA has a lot of upside for inventory reduction and shortage management, but many people are wary of the process of launching new supply chain software. We sat down with Jason Irvan, Director of Information Technology at Graco Supply Company, in our newest case study for a first-hand look into how easy a LeanDNA implementation can be. Continue Reading “Case Study: An Interview With Graco Supply Company’s Director of IT”
2017 was a big year for manufacturing! From adding an average of 16,000 jobs each month to continuing the years-long trend of increasing output and productivity, the US manufacturing industry saw a lot of good.
Here at LeanDNA, we had a great year too! We made major improvements to the way manufacturers leverage collaborative analytics to reduce inventory, manage shortages, and execute their lean projects. For example, we created more automated ways that our system’s AI-based Inventory Actions highlight opportunities for inventory reduction, and brought to light new ways for sites within the same company to collaborate on global inventory initiatives. But what’s next for the world of manufacturing as a whole?
Here are 5 predictions for what we expect to see in 2018: Continue Reading “Lean Manufacturing Predictions for 2018”
“Data tools would be great– but for us it’s garbage in, garbage out.”
“We can’t start fixing this problem because it will unearth 100 others!”
Have you heard this before? With the amount of data manufacturers juggle, it’s no wonder so many face the same dilemma: missing and inaccurate data… on a massive scale!
Data can be an overwhelming issue, but it’s time to stop saying “our data isn’t great.” LeanDNA’s built-in data cleansing process helps manufacturers evaluate and fix their data. Over our time working with manufacturers, we’ve discovered 13 common data points where bad data runs rampant. Here’s what you should understand and check if undertaking data cleansing in your own system. Continue Reading “Got Bad Supply Chain Data? Here’s What you Need to Know for Data Cleansing”
Your buyers do not have enough hours in the day. From managing shortages to finding inventory reduction opportunities, good time management is crucial. When dealing with thousands of parts and dozens of suppliers, your team needs a way to prioritize the items with the greatest overall impact on inventory cost. That’s where ABC analysis comes in. Continue Reading “Helping Your Buyers Understand the ABCs of ABC Analysis”
If you’re a supply chain leader that depends on ERP every day, you’re definitely familiar with ERP’s shortcomings. When it comes to managing all your supply chain data, providing alerts for inventory and shortage issues, driving standard work, and creating reports, ERP’s “features” are definitely limited. ERP systems are a critical part of your business, but they lack the tactical execution tools that are needed for today’s complex supply chain.
Occasionally, we hear companies ask “How is LeanDNA different than ERP?” Or, “Doesn’t my ERP already perform all the analytics my supply chain needs?” At first glance, they can seem similar. Here are the areas where ERPs need a little help – and how leveraging LeanDNA to fill the gaps results in substantial savings: Continue Reading “How Can You Unlock Your ERP?”
There are some terms and phrases we all hear regularly in lean manufacturing. You really could write an entire dictionary to explain and interpret all the lingo! But there are some phrases in the factory that might make you turn your head for the wrong reasons. If you aim to follow supply chain best practices at work, here are three phrases you should eliminate from your vocabulary: Continue Reading “Supply Chain Best Practices: 3 Phrases to Stop Using at Work”
ERP systems require expensive, complex, and routine maintenance to keep their systems running efficiently. They are central to your day-to-day activities, but can become absolute nightmares without a simple and structured process for routine data updates. That’s why Lean Manufacturers introduced Plan for Every Part (PFEP).
PFEP optimizes the policies that define how to procure each part. PFEP enables supply chain leaders to glean a 360-degree view of their inventory and procurement policies to make sure each inventory dollar is maximized. Unfortunately, this PFEP “tune-up” often uses very time-consuming and manual Excel analysis that limits the frequency of optimization. Weeks become months become years. New technology based on Lean Supply Chain best practices is revolutionizing the way PFEP can be used on a daily basis to drive game-changing results in factory performance.
This post will help you set the groundwork for how and why to start using the PFEP methodology. The real end goal of PFEP is to balance your entire supply chain by having as little inventory as possible with minimal shortages. Better yet, you’ll learn how to equip your team so they’re better skilled, automate and accelerate your processes, and avoid deploying expensive consultants. Continue Reading “PFEP (Plan For Every Part) Helps You Optimize Your Entire Supply Chain”
What are today’s shareholders in aerospace and defense (A&D) manufacturing expecting from company leadership? Deloitte recently analyzed letters to shareholders from the top 20 A&D companies and discovered a few core management themes to drive sustained growth.
There are two standout themes worth exploring:
- Achieving long-term operational performance through better working capital management, process improvement, and program transformation
- Supporting continued business growth by investing in new technologies
Data analytics is entering a new frontier as teams disperse around the globe. New analytics technologies enable organizations to read deeper into the story behind their data. But more often than not, teams miss out on the benefits of new technology because they rely on tried-and-true methods to solve the problems of the future. One of those bad habits is turning to one-way analytics — inputting your data into spreadsheets to be emailed from user to user, one at a time to avoid multiple copies of the same document. The hope is that someone can glean useful information before relaying it back through the chain. Continue Reading “The Trouble With One-Way Analytics? Your Data is Useless Without Collaboration”
Suppliers are your friends! Depending on your role in your organization, they may be your most important friends. A supply chain can become highly streamlined or remain stagnant based on relationship with your vendors. With less-than-perfect supplier communication, incorrect parts are shipped, dates are missed resulting in shortages for your business, and targets are missed. Not to mention all that stress, on both sides! If your supplier relationships are a bit bumpy at times, don’t worry — a little preparation and communication can go a long way. Here are 5 tips for improving communication with your suppliers and reaping the results. Continue Reading “5 Ways To Strengthen Your Communication With A Supplier”