BIOGRAPHY

Sean Fields

CEO, ENVISO, Houston, TX, USA

Sean Fields – With over 30 years in a variety of industries including oil field equipment manufacturing, food processing, and job shops, Sean Fields is an industry professional who has worked in all phases of business. In addition to being an active OPEX practitioner, Sean Fields conducts field service with the Oklahoma Manufacturing Alliance and is a network member of the non-profit organization BeehiveFund. He assists companies with lean systems, production scheduling, inventory control, and developing quality management systems (ISO 9000, AS9100, and API Q1). He is a published author, licensed professional engineer in the state of Texas, a certified Six Sigma Master Black Belt, and a certified QMS auditor. He resides in Norman, OK with his wife and has two adult daughters. For further information, please refer to the LinkedIn profile: https://www.linkedin.com/in/sean-fields-21290b45/.

Michael Sanders

Director of Strategic Growth, BeehiveFund Corporation, Spring, TX, USA

ABSTRACT

Mitigating Supply Disruptions by Rethinking Lean Systems

Since the COVID pandemic, global trade has been severely disrupted, with the supply chain being one of the most prominent casualties. While some have blamed lean systems for causing or aggravating these shortages, others have attributed the problems to improper execution of lean. In either case, revisiting lean principles and practices is essential. By rethinking conventional wisdom, ways to mitigate supply chain shortages can be found to the benefit of customers, business owners, and employees. To address material shortages, the following concepts will be covered: A.Rethinking Inventory – Many misconceptions aggravate supply chain disruptions including:a.Metrics – Ironically, the most frequently-used inventory metric (turns) is a major reason for the underachievement of materials management systems. Alternative metrics are presented to address this issue.b.Classification – ABC inventory classification is often driven by criteria that virtually guarantees that inventory verification is inadequate. To ensure that the right product is checked at the right time, alternative approaches to materials classification are outlined. c.Transparency – Frequently, outages are caused by organizational silos where departments like sales, purchasing, and production planning lack access to critical information that will make or break a properly executed system. Reasons this occurs are covered along with corresponding solutions to address these problems. B.Lean and Inventory – It is commonly held that a lean operation and inventory are antithetical. An alternative lean framework for evaluating stock levels is presented that allows for an efficient operation while improving risk mitigation. C.Maximizing System Resiliency – Strategies to make materials management “anti-fragile” are covered. D.Vendor Relations – Novel approaches are covered to managing vendor relationships and elevating supplier performance.Ultimately, by deploying the principles outlined in this session, attendees can significantly improve their organization’s performance while radically enhancing the efficiency and effectiveness of their fulfillment processes.

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