About this Presentation
This presentation is a follow-up on the LaTourneau Technologies (LT) presentation given by Dan Eckerman at the last conference. This is my view of what we did versus what Dan presented which was his view. Debra provided an overview of the steel mill and what they build (oil rigs, large heavy equipment loaders). The vertically integrated supply chain with control points and strategic buffers was described. Education provided included a two-week Jonah course. Lessons learned i.e. control points in sales, engineering, front end and back end production, etc. with respect to the bottleneck capacity, measures, portfolio management, etc. were also discussed. The current design for critical chain, drum buffer rope, and the replenishment solution was described. A description of actively synchronized replenishment (ASR) was provided. These concepts were discussed for internal constraints, industry downturn and economic downturn (recession) environments.
What Will You Learn
To help you get the most value from this session, we’ve highlighted a few key points. These takeaways capture the main ideas and practical insights from the presentation, making it easier for you to review, reflect, and apply what you’ve learned.
Identifying and managing the most scarce or variable resource in a supply chain is crucial. In the case of LATERNO, this resource was steel.
Having a strategic objective for a company's assets and aligning all parts of the supply chain to this objective is important for effective supply chain management.
Implementing a feedback loop in the system is crucial for managing the supply chain effectively. This feedback loop should be used to determine whether the supply chain is on track or off track, and to make decisions about how to get back on track if necessary.
Instructor(s)
