Archive for January 2025
Distinguishing Materials Management from Project Management
The goal of NPI materials management is to monitor and execute the desired item (part) and BOM status according to the NPI prototype and production plan.
Read MoreFundamentals of Managing an Outsourced (CM) Value Stream
This article will cover the management of a contract manufacturer (CM) value stream from the perspective of a company that has outsourced the manufacturing of its product. A typical CM model is most likely “turn-key” such that the “Company” purchases the only finished goods from the CM. Part/component purchases are a shared responsibility between the…
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