What are the goals of implementing six sigma and lean principles into a business? What tools can we use to measure this
Six Sigma—reduce variability
DMAIC
Lean- eliminate WASTE
DOWNTIME
Define the 3 scopes and their emissions:
Scope 1: direct emission from firm (manufacturing, company transport)
Scope 2: indirect emission from firm (energy consumption emissions)
Scope 3: Upstream and Downstream indirect emissions (sold porduct end of life treatment, hardest to track)
What are the main reasons to warehouse?
Uncertain demand and supply
manufacturing economies
transportation
reduce cost of service
What is an organizationally driven reason to outsource?
Focusing on what the firm does best, offsetting extra costs
What is needed in AI to add value?
make better decisions
Implement process faster
IMPROVE PRODUCTIVITY
What tools can we use to Measure and Improve in DMAIC
Measure- pareto chart and process control
Improve- SMED and Sort, Set in Order, Shine, Standardize, Sustain
What are the 4 gasses regulated by the Paris Climate Agreement?
Carbon Dioxide
Nitrious Oxide
Methane
Flourinated Gas
What are the optimal shipping constraints of a product from factory to warehouse?
= for constraints regarding factory capacity
<= constraunts regarding demand at WH
What are the objectives of an AGILE supply chain?
resilient and adaptive to market change, flexible in fight uncertainty, collaborate
Define the two sources of learning
Individual: improvement from repeating process
Organizational: improvement from changes in company technique, equipment and products
What are the 5 LEAN principles?
Specify Value
Value Map Stream
Create Flow
Establish Pull
Pursue Perfection
Society that meets social and economic needs while ignoring environmental needs
Equitable
3 Network Design method and what they do:
1. Factor rating system:Numbered factors, one with highest score win
2. Linear programming: Minimize cost of shipping while Maximizing profit
3. Centroid method: used to locate a singular point in between facilities
What are the remedies to combat bullwhip?
Continious Replenishment, Vendor managed inventory, Trust and better communication
What is Agentic AI?
Goal-oriented, Autonomous, complete multy step actions
What us the most Important cost of Quality?
Prevention Cost
Without this goal, none of the others are possible
#17, Partnership to attain Goals
What costs does investing in new warehouse facilities alleviate?
Transportation costs- highest cost
What are the main components of acquisition costs?
Purchasing
Financing
Tax
Training
Creates content based on pattern recognition, creative assistant
Who has the philosophy of "Quality is Free" and what does this mean?
Crosby: effects of increased prevention management will lower overall costs
Describe the Wedding Cake Model
Biosphere
Society
Economy
Partnership
Describe the differences between consolidation and cross docking warehouses:
Consolidation: putting items together before shipping to one person
Cross docking: Moving items rapidly through the system and sending them straight to customer
Supply chain and Operation tactics to Increase Inventory Turnover:
Qperation: SMED, forcast/demand planning, JIT
Supply Chain: Short lead times, Vendor managed inventory, optimize logistics and transport
What is the relationship shown through the learning curve?
As humans gain more experience in a certain area, the time it takes to complete a project decreases as more projects are completed