Supply Chain Shaman

OCTOBER 29, 2020

Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Inventory. My takeaway?

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

The Logistics of Logistics

JULY 10, 2023

He is a Lecturer at DePaul University’s Kellstadt Graduate School of Business and an Instructor for the University of Tennessee’s Executive Education for the Department of Homeland Security (DHS). Pollen frees billions in working capital trapped in excess inventory and minimizes millions of tons of waste. Daniels, Jr.

Waste Reduction 158

Waste Reduction Inventory Reduction Cost Reduction Strategies Logistics Network Optimization Software 158

Supply Chain Shaman

JULY 19, 2020

They rock back and forth in improving singular metrics but struggle to improve a portfolio of growth, margin, inventory performance, and asset utilization. When we look at public companies at the intersection of operating margin and inventory turns or growth and Return on Invested Capital. The inevitable is business disruption.

Supply Chain Design Software 400

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 400

The Logistics & Supply Chain Management Society

JULY 20, 2020

This boosts revenues and optimises inventory. This can be applied to inventory management, fleet and order tracking, ID badging. The philosophy of lean, triggers us to look for the “Ideal Way”. Arguably, it is criticised that acting too lean can cause breakdowns in crisis. In a crisis economic factors are critical.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

DELMIA Quintiq

SEPTEMBER 17, 2020

To push their products further, companies are leaning into flavor promotion to educate consumers on the subtle nuances that make their products stand apart from the competition. Beer manufacturers that mainly relied on on-premise consumption are beginning to rethink their business models.

Modeling 296

Modeling S&OP Supply and Demand Scenario Planning 296

Supply Chain Game Changer

MARCH 14, 2022

Supply Chain Education and Certification – What’s Missing? Managing inventory and transportation isn’t a one-size-fits-all activity. Supply chain management is a tough field to break into without formal education, but there are ways you can get started. Strategic Sourcing & Vendor Managed Inventory.

Course 115

Course Supply Chain Planning Software Agile and Lean Supply Chain Vendor Strategies 115

Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions. Tracking Progress.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

GlobalTranz

FEBRUARY 2, 2015

So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. ” Vendor Managed Inventory Model: A Quick Back Story. We never ran out of or had too much inventory.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

The Logistics & Supply Chain Management Society

MARCH 22, 2022

The ‘norm’ of impractical university educations leading to pointless corporate ladders is uninspiring and unappealing. Yet, after only a century, corporations are replacing people with robots and the rest are finding that corporate ladders are leaning against the wrong walls. And they want out!

Pharmaceutical 246

Pharmaceutical United Kingdom Agile and Lean Supply Chain Manufacturing Procurement 246

Supply Chain Game Changer

FEBRUARY 15, 2022

This is very much the core of Supply Chain education and certification as well. It begins with Education and Certification. A well rounded education, or certification, increases the value and the perspective that anyone will bring to their job. Typically they would pick one area of Inventory Management to tackle first.

Supply Chain Design Software 92

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Management Software 92

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Changing Landscape of Supply Chain Executives Traditionally, supply chain executives excelled in managing functions like transportation, warehousing, inventory, and production planning but supply chain process extends beyond the firm, involving global relationships with suppliers and customers.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

Supply Chain Game Changer

AUGUST 31, 2021

Supply Chain Education and Certification – What’s Missing? The point of the thesis is to channel all of that education into a singular project that draws on and applies all, or much, of that training. What makes this such an exciting career path is also what makes it such an exciting educational choice.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 98

The Lean Supply Chain

MARCH 22, 2015

Cost Reduction Options: Top Managementknows that lean can add value, but many still haven’t moved past the initial education stage into full-scale lean supply chain implementation. One reason may be that they haven’t made the paradigm shift as to how to implement lean. Lean Supply Chain Implementation Results.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Lean Waste Reduction Supply Chain Planning Software 40

The Lean Supply Chain

FEBRUARY 15, 2015

I interviewed Chuck Intrieri who discussed Why Lean Fails in Manufacturing, Distribution or Service Industries. Lean is not a project. Lean is not a set of tools. Lean is a philosophy. Lean is the elimination of all waste and bringing value to the customer. Lean is a paradigm shift. Bottom up will fail.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Lean Six Sigma Logistics Network Optimization Software 40

Logistics Bureau

DECEMBER 3, 2017

We’d like to know what you believe your managers and staff need from a supply chain education program. … Well… As you may know, we have an education division in our group called Supply Chain Leaders Academy, and every so often we like to make sure our program is still up-to-date and relevant. Inventory management.

Education 40

Education Purchasing Skills Buyer Training Supply Chain Design Software 40

GlobalTranz

JANUARY 8, 2016

Education and training must be continuous to keep up with the times. Part of the Business Plan was Sales and Operations Planning (S and OP) or SIOP adding Inventory Management. Running Towards LEAN for Better Manufacturing Operations Excellence. Lean initiatives was an important next step for manufacturing operations excellence.

Manufacturing Procurement 120

Manufacturing Procurement Eliminating Excel in Purchasing Supply Chain Planning Software Manufacturing 120

Supply Chain Game Changer

AUGUST 30, 2021

Inventory Management Beyond the Mystery (Ebook). It is about a research study undertaken by MIT students over a period of five years on the concept of lean production in the automobile industry, using Toyota as an example. Students getting an education at college often have to write review papers. Subscribe Here! Email Address.

Agile and Lean Supply Chain 92

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain 92

Enterra Insights

NOVEMBER 22, 2022

As a result, journalist Jaclyn Peiser ( @jackiepeiser ) reports, “Major retailers are leaning into ‘omnichannel’ shopping options to draw in customers.”[4] To counter increased costs, Peiser reports, “Retailers ranging from major department stores to local hardware stores are leaning into the demand.

Omnichannel 130

Omnichannel Purchasing Skills Agile and Lean Supply Chain Procurement Analytics 130

The Logistics & Supply Chain Management Society

APRIL 19, 2023

COVID and related measures have shown the world the high degree of interdependence of countries for their basic food supply, risks of lean supply chains where inventories in the supply chain have been reduced or eliminated, and the fragility of this global agri-food supply chain architecture to disruptions.

Waste Reduction 130

Waste Reduction Food Resource Reduction Price Reduction 130

GlobalTranz

OCTOBER 21, 2015

This is the first post in an ongoing series on effective KPI management from third party logistics consultant, Chuck Intrieri, of The Lean Supply Chain. . For example: Inventory Record Accuracy has to be 98-100% accurate daily. One of the goals of the SLA/KPI should be Continuous Improvement or Kaizen (LEAN initiative).

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

SCMDOJO

NOVEMBER 17, 2023

Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc. In the realm of supply chain careers, there appear to be two distinct paths – those who stumble into it by luck and those who consciously choose to educate themselves, often through formal university programs.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

Supply Chain Opz

NOVEMBER 9, 2014

That said, implementing Lean concepts would undoubtedly be part of that strategy, for example, - Lean Warehousing : Many firms (both retailers and manufacturers) are now aggressively rolling out Lean in their warehouse operations. This is invariably down to not sufficiently involving and educating the right people.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Logistics Viewpoints

MAY 11, 2021

They asked many intelligent questions in light of the times, such as the role of change management in the now-accelerating digital transformation or whether practices like lean would die and ecommerce persist. Talent developed is more likely to be talent retained.

Supply Chain Planning Software 261

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Analytics Software 261

Unleashed

MAY 10, 2020

Is the lean system at fault or is it something deeper? We’ll take a closer look at: Pull inventory systems. Why lean systems are getting a bad rap during the pandemic. Pull inventory systems. A pull inventory system is a Lean approach to reducing waste in any production process. What’s next for businesses.

Agile and Lean Supply Chain 72

Agile and Lean Supply Chain Waste Reduction Supply Chain Planning Software Supply Chain Design Software 72

GlobalTranz

JANUARY 7, 2016

Editor's Note: This is a two part series featuring Chuck Intrieri, who along with providing excellent insights over at his industry leading The Lean Supply Chain blog, is also a consultant who works with companies for Cost Reduction, Supply Chain Optimization, Logistics, Manufacturing, and 3PL Selection. It was called, “ The Short List ”.

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

Unleashed

NOVEMBER 12, 2023

For product businesses, the bullwhip effect can significantly hinder the ability to maintain optimal inventory levels – often leaving them high and dry with too much stock and not enough demand to get rid of it. Eventually, this gives rise to massive discrepancies between the inventory being produced and the actual demand for that inventory.

Inventory Reduction 52

Inventory Reduction Material Savings Supply Chain Planning Software Price Reduction 52

ModusLink Corporation

DECEMBER 13, 2022

And while the healthcare and education industries may most commonly suffer an attack, the supply chain is still at risk. After all, even healthcare and education have arms in the omnichannel e-commerce landscape, and each purchase around these industries ties back to the supply chain.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

Logistics Viewpoints

APRIL 29, 2021

Inventory and Labor Planning. Inventory slotting and labor management systems are both traditionally based on static models that are highly effective and accurate, but which require significant effort to maintain and adapt to changes in the facility or business. Dan Keller, Senior Consultant, Lucas Systems.

Optimal Sourcing 150

Optimal Sourcing Optimization Software Supply Chain Design Software Supply Chain Planning Software 150

Supply Chain Game Changer

JUNE 11, 2019

Some people have University degrees and some people have high school education. They will need to be able to make holistic, educated high level decisions in real time. Some people want a very structured job while others want something with variation. Still others have professional certifications and accreditations.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 105

Unleashed

JULY 25, 2021

Improving food inventory control. The simplest approach to reducing food waste is to optimise inventory control. Effective inventory control can prevent food waste by helping limit the volume of surplus food generated, reduce overstocking, and improve overall food waste management. Using inventory software to reduce food waste.

Waste Reduction 98

Waste Reduction Food Inventory Reduction Material Savings 98

Supply Chain Matters

SEPTEMBER 22, 2023

State of Industry Supply Chains Regarding the state of industry, Eshkenazi’s observations were that industry supply chains are “ on the backside of the bullwhip effect ” with companies still managing inventories in a “ just-in-case ” environment with higher inventories and additional buffers.

Conference 105

Conference Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software 105

GlobalTranz

JULY 12, 2016

Reduce inventory with cross-docking or use Kanban pull systems. Target inventory accuracy: goal: 98-100% accuracy daily. Get rid of excess inventory: create a Material Review Board (MRB) to review: obsolete, excess, slow moving inventory monthly. Implement a reward system for major victories. Improve processes daily.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

Elementum

SEPTEMBER 30, 2021

Tl;dr It’s good to see supply chain management getting more attention in higher education. As a result, there are a lot of daily tasks that just have to get done, like procuring next quarter’s materials or updating inventory positions based on last week’s sales. Supply chains are both more complex and more important than ever before.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Planning 147

The Logistics & Supply Chain Management Society

JULY 16, 2023

These technologies have the potential to automate processes, improve forecasting accuracy, optimize inventory management, and enhance decision-making capabilities. With a surge in remote working and online education, the demand for electronic devices skyrocketed. Another notable example is the technology sector.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

GlobalTranz

OCTOBER 23, 2015

We continue our series on understanding the 3PL KPIs (Key performance indicators) from 3PL consultant, Chuck Intrieri of The Lean Supply Chain as it relates to the engagement with a 3PL. Sales, Inventory, and Production Planning (SIOP) should be used for business planning and strategy in the shipper, 3PL relationship.

KPI 120

KPI 3PL Supply Chain Planning Software Resource Reduction 120

GlobalTranz

OCTOBER 27, 2015

Implementing and sustaining LEAN initiatives : 5S, Kaizen, Kanban and LEAN Six Sigma to bring value to the customer and go beyond their expectations. Continued management education and training to keep abreast of the sate-of-the art in logistics. Are your IT systems state-of-the-art? Is the customer happy with communication?

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

Supply Chain Game Changer

APRIL 5, 2020

Specifically the company was going to carry a dramatically different set of products which required a new set of capabilities in Strategic Planning, Merchandising, Marketing, Procurement, Inventory Management, Retail Operations and Logistics. . The company had no experience in Lean process improvement.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Optimal Sourcing Waste Reduction Vendor Strategies 52