Supply Chain Connect Leveraging Data to Drive Operational Efficiencies in Supply Chain
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Dec 16, 2024 John Rosenberger, Director of iWarehouse Gateway at The Raymond Corporation, and Keith Ingalls, leader of the Raymond Lee Management Group, delve into the transformative power of data in supply chains. They discuss strategies for capturing actionable insights and the importance of setting clear, measurable goals. The conversation highlights the necessity of external expertise for effective data utilization and balancing long-term versus short-term objectives. Tune in to discover how to navigate data overload while enhancing operational efficiency.
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Data-Driven Decisions
- Data-driven decisions enable dynamic adaptation to changing customer needs.
- Focus on small, actionable steps towards larger goals using relevant data.
Measuring Success
- Measure data analysis success against objectives with incremental steps.
- Monitor data changes to ensure progress towards the right direction.
Control Limits
- Warehouses and manufacturing facilities are processes with control limits.
- Data analysis reveals if operations are within limits and if changes are effective.