It's great to have accurate supply-chain data within a given department. But companies must be able to communicate and collaborate across discrete business functions, as well as with outside suppliers. Sanjay Ravi, worldwide managing director of high tech & electronics industry at Microsoft, shows how it can be done.
The maker of vitamins, cosmetics and nutritional items breaks down silos and sets up strict criteria to stop costly and unnecessary changes in product characteristics.
Lean is a popular concept with many manufacturers, but it hasn't been widely applied in a coherent fashion that leads to bottom-line benefits. Tony Gorski, chief executive officer of DemandPoint, has some ideas on how companies can rethink their approach to the subject.