Supply Chain Optimization
8:30am - 12:00pm
2905 Southampton Road Philadelphia, PA (map)
The supply chain is part of the broader value chain that begins with your customers through to your product development, supplier sourcing and alignment, material suppliers, logistics, production, sales and marketing back to the customers and markets you serve.
This value chain produces multiple benefits for your company: cost savings, risk mitigation, customer retention and setting the stage for new customer acquisition. Improvements in the system should be undertaken with these benefits in mind and with these benefits expected.
60% of an organization’s total spend is in the supply chain. This is the biggest opportunity in reducing costs and risks. Gaining even fractions of a percentage point in improvements will have a significant impact on the entire organization.
This workshop will help you evaluate, in a structured way, the current state of your value chain and help you identify opportunities you can take right now to strengthen that value creation system so that your customers, suppliers and you share in the benefits.
A Strategic Approach
DVIRC is pleased to offer this workshop developed by the National Institute of Standards and Technology’s Manufacturing Extension Partnership (NIST / MEP) to strengthen American manufacturing and accelerate a more efficient and powerful economic engine of innovation.
DVIRC team of instructors are nationally regarded experts in continuous improvement, and business process efficiencies throughout the value chain:
- Jeff Kopenitz, Director, Advanced Manufacturing & Training & Education, Lean Master, Shingijutsu Japan, President-elect, AME Mid-Atlantic
- Drew Locher, DVIRC partner and Managing Director, Change Management Associates
- Harry Landsburg, Director, Business Process Technology, DVIRC
This half-day event is intended for manufacturers interested in learning how to improve their supply chain – reduce costs, stimulate growth and mitigate risks.
The Following Key Educational Area Will Be Covered
- Examine the strategic implications of a poorly functioning supply chain
- Contrast or compare the attributes of supply chain development vs optimization
- Overview of supply chain fundamentals
- Introduction to application of Constraint Theory to supply chains
- Interactive simulation demonstrating the Bullwhip Effect on supply chains
- Introduction to the MEP Supply Chain Optimization methodology and roadmap
- Discussion of supply chain successes and lessons learned