Supply Chain Optimization
The Supply Chain Optimization service provides a coaching and mentoring partnership between DVIRC’s subject matter experts and participating manufacturers to address and eliminate barriers to effective supply chains.
Manufacturers deal with supply chain challenges daily. From the identification of new suppliers and materials through distribution to customers; manufacturers must remain strategic in their quest to increase visibility and mitigate risk. By assessing situations and implementing strategic solutions through collaboration with suppliers and customers, companies will develop a better understanding of the true total cost of their supply chains and achieve more consistent manufacturing growth.
DVIRC‘s Supply Chain Optimization is a comprehensive approach to solving the challenges of U.S. manufacturers by utilizing tools based on a Theory of Constraints methodology1. Manufacturers can benefit from the program which promotes a better flow of production from suppliers to customers resulting in reduced cost, improved quality and shortened lead times.
DVIRC’s Supply Chain Optimization roadmap consists of a strategic, consultative approach to convert supply chain strategies into tools needed to resolve gaps and increase efficiencies.
The National Institute of Standards and Technology (NIST) Hollings Manufacturing Extension Partnership (MEP) surveyed manufacturers and found that companies suffer from a lack of collaboration and visibility in their supply chains and lack a synchronized plan for those elements. The survey also showed that many do not understand the true Total Cost of Ownership—the costs for every activity along the supply stream.
As a result, DVIRC is offering a limited number of no-cost TCO analysis benchmarks through the Discovered in PA – Developed in PA (D2PA) Reshoring Manufacturing Supply Chains = Restoring Manufacturing Jobs Grant.
1 The Theory of Constraints is a operations management methodology developed by Dr. Eli Goldratt, founder of the Avraham Y. Goldratt Institute as a way of “improving the world in which we live through the development and dissemination of common sense methodologies.