What is Supply chain costs? Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. The total
Today, perhaps nothing is more on the top of people’s minds than the novel virus. Every leader across the globe has shifted his/her single-minded focus on impeding the pace of transmission of the coronavirus to help the larger community battle against
How to Manage Supply Chain Impacts from the COVID-19 Pandemic: From Walmart to Tesla to ThroughPut Inc
With alarming levels of spread and severity, Novel Coronavirus (COVID-19) pandemic has first shaken and then fundamentally changed the world we live in over the past few months. The characteristic of the situation causes lots of fear in our communities.
At ThroughPut, we define operational bottlenecks in manufacturing as any situation on the factory floor that diminishes productivity. It is time to eliminate this $10 trillion waste from the global economy using the power of AI-driven analytics. When was the last
How the Coronavirus is underscoring the relevance of Global Supply Chain throughput: From the front lines of Yokohama, Milan, and Southern Florida
Perhaps nothing is more on the top of people’s minds these days than the coronavirus. Regardless of the primary language of the city the ThroughPut team finds itself in, the universal translation and urgent understanding of the word “coronavirus” is
(Editor’s note: This is the first of a two-part series on readying your supply chain for artificial intelligence (AI). This week: How to leverage real-time data to reduce bottlenecks, and how AI can impact manufacturing. Next week: Best practices for implementing
ThroughPut Inc., the Artificial Intelligence (AI) Supply Chain pioneer that enables operations to increase output, quality, throughput, profitability, and safety through automated bottleneck elimination, today announced the appointment of Alla Anashenkova as the Head of Product Management and Sales Engineering.
Speed in decision-making, speed in reducing cycle-times, speed in operations, and speed in continuous improvement. According to Gartner, supply chain organizations expect the level of machine automation in their supply chain processes to double in the next five years. At the same