The focus of industry over the past several seasons has been on disruption – both the potential for a company to disrupt and rapidly grow, and the fear of being disrupted by an unexpected competitor or unexpectedly powerful competitor.Read More
Supplier Quality Management (SQM) is a top of mind consideration for quality leaders across industries. When done properly, aligned with best practices, it can also provide substantial increases in departmental, operational, and financial performance. Earlier we discussed the changing role of technology in SQM and introduced possibility of SQM technology as a disrupter.Read More
Supplier Quality Management (SQM) is a top of mind concern for Quality leaders. In recent years it has grown in importance, and today quality leaders have disruptive new technologies at their disposal to achieve market leadership.Read More
It’s no secret that suppliers have become increasingly vital to quality and organizational success. Increases in outsourcing, globalization, and product complexity are three long-term drivers that have increased the role of suppliers as well as the assumption of increased supplier-generated risk.Read More
Recently LNS Senior Associate Mehul Shah and I had the pleasure of attending and speaking at Infusion 2014 in sunny Marina Del Rey near Los Angeles, CA. The event, a semiannual manufacturing intelligence conference held by InfinityQS, shows users of the software how to give their metrics meaning, identify areas for improvement, and turn manufacturing information into actionable data.
There’s been increasing talk about incoming conflict mineral reporting requirements among manufacturers across the U.S.–not to mention suppliers around the globe–and the impacts these rules are going to create. And that’s understandable. After all, the new requirements are going to have a seismic effect on how manufacturers do business and achieve visibility and traceability across their entire supply chains.
While managing supplier quality may be equally as important as it was a decade or two ago, it’s becoming an increasingly challenging task as today’s economy continues to globalize. More often than not, behind every company producing a complex product there’s a complex supply chain. This growing number of factors to manage can be overwhelming and even detrimental to quality. Fortunately, many market leaders have figured it out.
Building a strong supplier quality management strategy isn't only advisable, it's requisite in today's global economy. And market leaders are turning it into a competitive advantage.
What do a panel of industry experts forecast for the changing global manufacturing industry? How effectively can quality management software oversee the actions within your supplier network? Or, is measuring overall equipment effectiveness really as easy as they say? Gain valuable insight into these pressing questions below.