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

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

Talking Logistics

MARCH 31, 2015

It’s a great teaching tool to explain how important it is to manage not only inventory but also data and information. It has been very educational and a great opportunity. The bottom line is that just having a higher education is no longer sufficient to be competitive in the market.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Optimization Software Demand Planning Software 100

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

SCMDOJO

JULY 24, 2023

It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider. By leveraging their capabilities, businesses can reduce transportation costs, optimize inventory levels, and minimize warehousing expenses.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

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. It gets more technical as time passes by each day. The state-of-the-art in manufacturing changes by the minute today.

Manufacturing Procurement 120

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

GlobalTranz

OCTOBER 23, 2015

Sales, Inventory, and Production Planning (SIOP) should be used for business planning and strategy in the shipper, 3PL relationship. At times, both parties agree to remuneration for Kaizen Blitz events, Six Sigma problem solving. Six Sigma Quality and problem solving are necessary for Continuous Improvement.

KPI 120

KPI 3PL Supply Chain Planning Software Resource Reduction 120

The Lean Supply Chain

FEBRUARY 15, 2015

It takes a lot of education and training for everyone, including top management. This is Six Sigma. If you add Lean to Six Sigma (Lean Six Sigma or LSS) you obtain quality at a faster throughput to the customer. The company has to get closer to the Customer’s actual needs to avoid inventory buildup.

Agile and Lean Supply Chain 40

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

Talking Logistics

FEBRUARY 7, 2019

Much like the most successful business philosophies (lean, six sigma, Total Quality Management (TQM)) a handful of individuals acting alone won’t—and can’t—affect company-wide changes for the better—it takes an organizational shift. It’s a holistic approach and one that needs to be adopted supply chain wide.

Supply Chain Software 105

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

SCMDOJO

SEPTEMBER 18, 2023

Stocking: Stocking relates to the physical storage and management of inventory within a supply chain. Effective stocking strategies contribute to minimizing lead times and optimizing inventory levels. Data on procurement experts’ salaries continuously shows rising tendencies.

Negotiating Skills 97

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 97

synchrono

MARCH 19, 2018

Otherwise, why would you still be having such a hard time synchronizing inventory and production to demand? Not trusting what they’ve been handed, inventory and production planners use spreadsheets to massage the forecast data before it is entered into the system. You know the spreadsheets you use have errors in them.

Forecasting Software 60

Forecasting Software Supply Chain Planning Software Inventory Reduction Demand Planning Software 60

Logistics Bureau

NOVEMBER 16, 2020

If you have the ability, time, and money for tertiary education, that’s really good. Certified in Production and Inventory Management (CPIM) : The course covers ground such as knowledge of production and inventory management, internal operations, and customer relations. Manage inventory levels. Finance managers.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Requis

SEPTEMBER 24, 2020

Muddassir Ahmed is a supply chain strategist, researcher, and educator. He is the founder of the SCMDOJO blog, podcast and educational platform , and is a widely celebrated thought leader with a large following. SCMDOJO has launched an education nexus. You can read more about Muddassir’s background below. Several things.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Design Software Education Supply Chain Software 75

Supply Chain Game Changer

NOVEMBER 11, 2018

My educational background includes a diploma in Industrial Engineering and a Business degree. Tight timelines, customer escalations, engineering problems, board presentations, inventory variances etc. The departments were called production and inventory control, warehousing and transportation. Get an education.

SCM 43

SCM Supply Chain Planning Software Buyer Training Supply Chain Software 43

The Lean Supply Chain

FEBRUARY 24, 2015

Finding a true partner: • Do you feel they are honest, trustworthy and sincere? • Do you feel they have a passion for the business and a commitment to customer service? • Do they have the experience, education, and professionalism you require? Flexibility: • Do they provide the necessary range of services? and do they use it?

Third Party Logistics 40

Third Party Logistics 3PL Negotiating Skills Negotiate Pricing 40

GlobalTranz

MAY 6, 2015

Top management knows that lean can add value , but many still haven’t moved past the initial education stage into full-scale lean supply chain implementation. o Space—holding places for unnecessary inventory. o Inventory—inactive raw, work-in-process, or finished goods. Inventory velocity and inventory reduction.

Agile and Lean Supply Chain 120

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

Supply Chain Shaman

NOVEMBER 14, 2016

Inventory Turns. Better performance in inventory turns than the peer group average for the period studied. Orbit Chart of VTech for the Period of 2006-2015 at the Intersection of Operating Margin and Inventory Turns . When we acquired the rights to the ATT product, there were large inventory write-offs. Operating Margin.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 150

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. o Space—holding places for unnecessary inventory. o Inventory—inactive raw, work-in-process, or finished goods.

Agile and Lean Supply Chain 40

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

Infosys Supply Chain Management

JUNE 25, 2012

The objective of all other improvement initiatives like TPM, RCM, Lean or even Six Sigma is to improve your system efficiency thereby increasing the throughput. The theory helps in identifying the constraints and planning around it to exploit the constraint without piling up the excess inventory for the repair work. Contact Us.

Supply Chain Planning Software 22

Supply Chain Planning Software Sourcing Strategies Resource Reduction Optimal Sourcing 22

6 River Systems

JUNE 26, 2020

“They have multi-sourced key commodities or strategic components to reduce their reliance on any one supplier, and they had considered inventory strategy to buffer against supply chain disruption.” The best way to address unforeseen delays (such as we have seen with the pandemic) is to ensure that you have buffer inventory.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 98