MRP, ERP, APS, ToC, Lean, WMS, DRP, SCEM, DDMRP . . . There are lots of tools (software, primarily) and improvement approaches to choose from today, and they each have their place. But not all tools and approaches work together … Continued
It’s hard to imagine a manufacturing business that doesn’t have full-time Internet access, a local network and most likely at least a few sensors or devices connected to that network. Larger plants have hundreds or even thousands of sensors and devices feeding data through the local network. Simply put, that’s the Industrial Internet.
Two of the largest and most successful companies in the world achieved and maintain their success by mastering the supply chain. Wal-Mart took logistics to new heights, bringing big city, low prices and convenience to rural areas. Apple dominates its chosen markets through innovation but also benefits greatly from a single-minded focus on operational excellence.