Unleashed

AUGUST 14, 2023

Manufacturing operations need to implement effective production management tools and processes to reduce the cost of producing goods. This article explains the importance of production management, the key processes, and tools you can implement to minimise the cost of inputs while maximising productivity and quality.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Predictive Analytics Software Modeling Software 52

Unleashed

MAY 9, 2024

Efficiency focuses on improving metrics like machine uptime, cycle time , defect rates, and utilisation of labour and equipment. Productivity metrics may include units produced per hour, revenue per employee, or output per unit of input. Once you have all the key data you need, apply the manufacturing efficiency formula below.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Resource Reduction Inventory Reduction 52

QAD

APRIL 13, 2023

While Contract Pharma & BioPharma manufacturers continue to experience an increase in demand for more projects, new challenges are emerging from nearly every angle including new regulatory and quality requirements, workforce shortages and of course, supply chain disruptions.

Pharmaceutical 93

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 93

Supply Chain Shaman

JULY 25, 2021

As a guest writer for Forbes, public relations firms constantly pepper me with requests to speak to technologists boasting of having answers to improve supply chain resilience. I strongly believe that historical supply chain practices are not the answer. Daily, my inbox is flooded by email. The reason?

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Unleashed

MAY 7, 2024

It’s a blend of innovative technologies and eco-friendly practices that companies might implement, including the use of renewable energy sources, recycled materials, and more durable product designs which are easier to repair. Improved worker safety and satisfaction through the promotion of healthier workplace environments.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

American Global Logistics

SEPTEMBER 12, 2023

Supply chain management plays a crucial role in the success of businesses across industries. This article explores the importance of innovation in supply chain management and highlights key areas where innovation can revolutionize traditional practices.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

Supply Chain Game Changer

NOVEMBER 9, 2018

How many people make a New Year’s resolution to “Lean” yourself out only to abandon it shortly thereafter? What do you do when your Lean program at work suffers the same fate? In this case one of the areas I wanted to understand was whether or not there was a Lean program in operation. And it needed a reboot.

Agile and Lean Supply Chain 55

Agile and Lean Supply Chain Lean Six Sigma Optimal Sourcing 55

synchrono

AUGUST 22, 2016

How Technology Has Changed What We Measure. The two areas of my working world are embracing technology like never before: Marketing and manufacturing. In both worlds, technology is not only changing our strategies, processes and behaviors, it’s changing what and how we measure. This got me thinking.

Metrics 40

Metrics Demand Planning Software Modeling Software Analytics Software 40

Unleashed

JANUARY 14, 2024

It can be undertaken manually or with manufacturing inventory management software tools that automate and streamline your operations. Bulk purchasing of raw materials provides manufacturers with a buffer against spikes in customer demand, and supply chain issues.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Unleashed

APRIL 29, 2024

Once you’ve got your figures the metrics above, you can calculate your WIP inventory value using the WIP inventory formula. Look for any opportunities to increase productivity with better technology, new equipment, or more staff. Therefore, these parts are classified as work in process inventory until the assembly has finished.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Inventory Expense Reduction 52

Supply Chain Shaman

JANUARY 28, 2015

Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. One supply chain leader, in a discussion last week, likened supply chain excellence to fitness. He felt that supply chain excellence was analogous. As a goal, it is easier to say than to define.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

GlobalTranz

MAY 20, 2015

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. We have talked a great deal about the evaulation of suppliers on our blog and this post continues that great tradition. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

FourKites

JANUARY 7, 2021

Defining Agile Supply Chains. Agile supply chains are nimble enough to respond smoothly to sudden changes in supply and demand. Why Is Agility Important for the Supply Chain? Collectively, this new normal is presenting the supply chain industry with its biggest test in years.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Modeling 52

Kinaxis

NOVEMBER 23, 2015

by Carol McIntosh Firstly, what is a supply chain road warrior? The focus of this blog series is to share the insights I have gained during my 15 years as a supply chain road warrior. I nsight #2 – Your supply chain processes. Insight #3 – Your supply chain measurements. continued learning.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Planning 100

Arkieva

JANUARY 20, 2017

Are you using lean in your logistics and transportation management? Lean is a new way of doing business. The transportation company’s culture and behavior should change to apply Lean thinking. The goal in Lean Transportation is to use the ‘Eight (8) Right’s: Right Materials. Right Quantity. Right time.

Optimal Sourcing 60

Optimal Sourcing Waste Reduction Agile and Lean Supply Chain Inventory Reduction 60

synchrono

AUGUST 4, 2015

Here we are at the final installment of our four-part, Sandpaper blog series about when to use the tools of Lean Manufacturing, the Theory of Constraints (TOC) and Six Sigma to address constraints, drive flow and promote continuous improvement. The Right Tools at the Right Time. Refine with Six Sigma.

Six Sigma 75

Six Sigma Agile and Lean Supply Chain Lean Continuous Improvement 75

ThroughPut

NOVEMBER 12, 2020

Warehousing is a vital function of global supply chain management, however often overlooked. McKinsey suggests that warehouse operations can be critical in presenting an untapped improvement opportunity in the supply chain. Lean warehousing. Advance shipping notification.

Warehousing 52

Warehousing Expense Reduction Inventory Reduction Supply Chain Design Software 52

Unleashed

OCTOBER 31, 2023

It underlines the processes, strategies, and tools employed to assist staff in increasing their efficiency and productivity over the long term. Both use scheduling tools. Greater efficiency WFO practices improve manufacturing efficiency and eliminate waste. They also reduce incidents of lost time and material waste.

Waste Reduction 52

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction Strategies 52

GlobalTranz

SEPTEMBER 28, 2016

In this blog he provides a simple reference guide to better yourself as a supply chain leader. and/or capabilities of the supplier and meet companies' short- and/or long-term supply needs. Supplier Development contributes towards 5 Key Work Streams in Supply Base: . 50% improvement) min.

Supply Chain Planning Software 120

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 120

Supply Chain Shaman

AUGUST 11, 2014

Over the course of the last two years, we at Supply Chain Insight s have worked on a methodology to gauge supply chain improvement. We named it the Supply Chain Index. We have found that supply chain metrics are gnarly and complicated.During Background on the Supply Chain Index.

Case Study 286

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 286

GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Technologies. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Quality Metrics by Product.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

The Logistics of Logistics

JANUARY 20, 2013

Every industry seems to have its silver bullet for creating improvement. If you know the buzzwords and “tools” for the system of choice you can become a guru, sitting on top of the mountain dispensing golden pearls of wisdom for all to wonder at. The principles can be applied to anything, just like Lean and Six Sigma.

Six Sigma 131

Six Sigma Agile and Lean Supply Chain Lean Logistics Network Optimization Software 131

Unleashed

APRIL 10, 2023

The techniques covered in this article seek to maximise the ROI of your organisation by analysing your systems and identifying imperfect processes ripe for improvement. Process improvement techniques like lean manufacturing and Kanban help businesses achieve optimal business health.

Manufacturing Procurement 52

Manufacturing Procurement Six Sigma Optimal Sourcing Waste Reduction 52

The Lean Supply Chain

APRIL 24, 2015

The wine Supply Chain and 3PL/4PL: By Chuck Intrieri & Jesús Galindo de la Torre April, 2015. Supply Chain management is one of the main disciplines of any economic sector from manufacturing to distribution to retail. The life cycle of the product is an important consideration as it moves along the supply chain.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Lean Six Sigma Supply Chain Software 40

synchrono

OCTOBER 16, 2017

And when connected to smart manufacturing tools like SyncOperations™ , automated workflows and alerts to maintenance address the issue before it becomes a problem. Related resource: How Technology Will Connect Your Enterprise and Create the Demand-Driven Factory of the Future – Today. #2

Big Data 104

Big Data Predictive Analytics Software Data Analytics Software 104

Unleashed

MARCH 24, 2024

Many manufacturers use lean methods to cut costs and improve efficiencies in their business. But ‘lean’ is a very broad concept and the ways that manufacturers ‘go lean’ vary considerably. Here we look at the most common tools and techniques used to bring the advantages of lean into the modern manufacturing workplace.

Six Sigma 52

Six Sigma Supply Chain Design Software Inventory Management Software Demand Planning Software 52

Supply Chain Shaman

JUNE 15, 2018

Supply chain leaders are competitive. The field of supply chain management–combining source, make and deliver–into a common process started in 1982. Now in 2018, we are starting to see the evolution of “Gods” with new business models that are redefining supply chain processes.

Sourcing Strategies 150

Sourcing Strategies Supply Chain Planning Software Inventory Reduction Modeling Software 150

Supply Chain Shaman

FEBRUARY 12, 2017

Each year at Supply Chain Insights we study performance and improvement of companies in each industry. For the past four years, as we have done our work, we have tracked Novo Nordisk’s continued improvement against the pharmaceutical peer group. Understanding What Drives Supply Chain Excellence.

Pharmaceutical 150

Pharmaceutical Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design 150

Talking Logistics

DECEMBER 5, 2017

For years, supply chain leaders have struggled to achieve a sophisticated level of supply chain visibility that would drive continuous improvement, optimize spend and reduce risk. Now, that intelligence has arrived – and with it comes the next generation of supply chain management.

Prescriptive Analytics Software 105

Prescriptive Analytics Software Analytics Software Supply Chain Design Software Predictive Analytics 105

GlobalTranz

JANUARY 4, 2017

Customer metrics. Cost or Cost Savings: Re-engineering/continuous improvement: Implement Lean initiatives to eliminate all wastes, improve processes, increase throughput, and bring much more value to the customer beyond their expectations: Lean consists of a culture/behavior change. Performance or Service.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

SCMDOJO

MARCH 8, 2024

Strategies for lead time reduction may include optimizing transportation routes, improving communication with suppliers, and investing in technologies that expedite order processing. This iterative approach allows businesses to continuously improve their inventory management processes, leading to measurable success over time.

Inventory Reduction 79

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 79

Unleashed

AUGUST 20, 2023

Here we break down what lead time is, the types of lead times in supply chain management , the factors that affect lead time, and how to shorten lead times to provide a better customer experience. There are many definitions for lead time in supply chain management. Let’s dive in. Here are a few of the most useful ones.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Logility

SEPTEMBER 24, 2013

You’ll note in the headline I use the preposition “of” instead of “to” when describing the “journey of Supply Chain Excellence.” The key objective for the majority of companies I work with is to significantly improve their supply chain capabilities and performance.

Eliminating Excel in Purchasing 100

Eliminating Excel in Purchasing Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 100

Talking Logistics

JULY 14, 2015

To thrive in today’s dynamic supply chain environment, it’s critical to continue challenging the status quo and to proactively find ways to drive innovation and optimization. Commitment to Continuous Improvement, Not Just Short-term Savings. What key metrics should they be driving for as an organization?

Logistics Network Optimization Software 100

Logistics Network Optimization Software Six Sigma Waste Reduction Supply Chain Planning Software 100

synchrono

NOVEMBER 6, 2017

Often, they’re focused on Lean Manufacturing or at least some element of it. However, at some point in the conversation, they will inevitably ask, “Is Demand-Driven Manufacturing the same thing as Lean Manufacturing?”. Demand-Driven Manufacturing isn’t synonymous with Lean or other related initiatives such as Theory of Constraints.

Agile and Lean Supply Chain 39

Agile and Lean Supply Chain Lean Demand Planning Software Supply and Demand 39

SCMDOJO

DECEMBER 14, 2023

In supply chain management, total lead time is a crucial metric encompassing the period from customer order to delivery, be it in B2B or B2C scenarios. As a critical supply parameter, managing lead time is essential for mitigating uncertainties in the supply chain.

Inventory Reduction 75

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 75

synchrono

JANUARY 31, 2017

LNS Research blogger Mark Davidson said, “When it comes to metrics, it’s often said that what gets measured gets done.”. Mark also writes: “Metrics that have the attention of business and manufacturing leaders tend to be those that get measured and improved upon by their employee teams.”. Metrics for Action.

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 40