FourKites

JANUARY 7, 2021

Emphasizing agile and lean logistics management will allow you to outperform slower competitors through the ability to make informed decisions on the fly, rather than relying on gut instinct or incomplete information. They invest in new technologies and data-driven processes that allow them to exercise precise control over the business.

Agile and Lean Supply Chain 52

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

Supply Chain Shaman

JANUARY 31, 2017

There are many techniques–lean, six sigma, Total Quality Management–but, the over-arching focus is on managing and reducing costs. In a large company, the average supply chain leader manages hundreds, even thousands, of cost reduction programs simultaneously. In Figure 1, we share some recent survey results.

Cost Reduction Strategies 90

Cost Reduction Strategies Inventory Reduction Six Sigma Agile and Lean Supply Chain 90

Enterra Insights

MAY 6, 2020

Arntzen suggests in the interregnum between recessions companies should: Build a robust CPFR program; forge risk-aware contracts with customers; diversify into services; use demand-driven, lean manufacturing; and, run a healthy S&OP process. Companies are already well into this challenge.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Material Savings Supply Chain Planning Software Supply Chain Strategy 100

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

Additionally, supply chain digitalisation is never a one-off exercise but rather a continuous effort. With economies on the bounce-back, logistics continues to be the backbone of modern society and with the need for a lean freight sector. Closing Thoughts. Dr. Shereen Nassar.

Supply Chain Planning Software 246

Supply Chain Planning Software Modeling Software Supply Chain Software Analytics Software 246

USC Consulting Group

JUNE 18, 2019

Yes, reinforcing continuous improvement through everyday exercises is essential to success. Both formalized and impromptu ideation and root-cause analysis exercises are key to achieving these outcomes. Kaizen and lean manufacturing occupy the same theoretical orbit. Embracing the Kaizen methodology ranks among the best options.

Waste Reduction 67

Waste Reduction Continuous Improvement Japan Exercises 67

NC State SCRC

MARCH 25, 2021

Any asset that is not producing value is considered waste, and a fundamental of “lean thinking” is that inventory is waste, and time is money. That includes everything from air cargo, fire pits, furniture, auto parts and exercise equipment (including that Peloton that you’ve been waiting on for months!).

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Cargo Waste Reduction Material Savings 52

Supply Chain Matters

OCTOBER 26, 2022

While FedEx is exercising an far-reaching cost control and global capacity adjustment, UPS continues to leverage a targeted customer profitability and segment operations efficiency strategy. The looming question for the industry is whether the planned 6.9

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Demand Planning Software 52

USC Consulting Group

MAY 24, 2021

One way to find out is by conducting a wide variety of scenario tests, sort of an “if this happens, that will kick in” exercise. Maximizing your efficiencies, getting lean and mean, ramping up your output and doing more with your current assets are powerful weapons in the war against disruption.

Supply Chain Disruption 52

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

Logistics Bureau

MARCH 30, 2020

Once this exercise is completed, your company can then assess the risk from tier-two suppliers onwards. This once-popular strategy flies in the face of the modern trend of striving for lean production processes, but those companies which were carrying buffer inventory are weathering the Coronavirus storm better than most.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Agile and Lean Supply Chain 52

USC Consulting Group

FEBRUARY 25, 2020

But all of the training in the world won’t make a difference unless the team is in top shape – that means exercising and maintaining a healthy lifestyle. Like the Ice Kings, businesses need to take a page from the USC Playbook to help them continuously improve starting with the fundamentals of proper employee training.

Continuous Improvement 52

Continuous Improvement Video Buyer Training Price Mitigation Strategies 52

Arkieva

MAY 24, 2016

They tend to move towards following standards and exercise rigorous governance regimes. And there are companies who will lean more towards one mode or the other based on their unique circumstances. The companies operating in this mode know their strengths and weaknesses and make money while doing what they do best.

Gartner 61

Gartner Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 61

Supply Chain Action Blog

FEBRUARY 17, 2017

Profiling SKU’s with respect to volume and variability in order to determine the appropriate treatment: For example, high volume, low variability SKU’s will be easy to mathematically forecast and may be suited for lean replenishment techniques. Low volume, low variability items maybe best suited for simple re-order point.

Supply and Demand 49

Supply and Demand Forecasting Demand Planning Modeling 49

Supply Chain Movement

AUGUST 25, 2015

Even when supply chains become much more automated, people will still need to ‘orchestrate’ things and exercise their judgement to handle the vast range of exceptions and circumstances. Proof that it has been slow to fulfil its promise is evidenced by the fact that so many companies still run their supply chains on Excel spreadsheets.

Industrial 60

Industrial Industry Supply Chain Software Supply Chain Planning Software 60

synchrono

DECEMBER 18, 2017

Through this guest blog series, my intent is to share some of my experiences implementing supplier quality and Lean manufacturing initiatives by focusing on eKanban systems. My first post offered advice for planning an eKanban rollout (advice that could be applied across any Lean manufacturing project).

Inventory Reduction 104

Inventory Reduction Waste Reduction Expense Reduction Vendor Strategies 104

Supply Chain Action Blog

FEBRUARY 17, 2017

Profiling SKU’s with respect to volume and variability in order to determine the appropriate treatment: For example, high volume, low variability SKU’s will be easy to mathematically forecast and may be suited for lean replenishment techniques. Low volume, low variability items maybe best suited for simple re-order point.

Supply and Demand 40

Supply and Demand Forecasting Demand Planning Modeling 40

KEPLER Consulting

OCTOBER 18, 2017

A quick process mapping exercise shows that support functions can carry until one third of Non Value Added Operation and one other third of “Waste” operations. Once this defined, the streamlining exercise will aim to map and progressively improve / eliminate all tasks not contributing to create value added for clients.

Purchasing Skills 60

Purchasing Skills Negotiating Skills Optimal Sourcing Sourcing Strategies 60

CH Robinson Transportfolio

OCTOBER 28, 2014

Many managers had developed lean budgets around negotiated rates. Conduct a procurement exercise at the same time of year, every year. Snow and ice made it impossible for planes to safely land and take off. Like dominoes, one delay led to another, disrupting supply chains across the country.

Negotiating Skills 69

Negotiating Skills Pricing Training Agile and Lean Supply Chain Supply Chain Planning 69

Supply Chain Network

JUNE 7, 2011

In today’s competitive world, businesses need to run lean in the current economy. NetSuite’s new Demand Planning capabilities will allow Valutek to automate our previously manual spreadsheet-based planning exercises, allowing us more timely forecasts and better inventory management,” said Kirk Mathers, VP of Finance, Valutek.

Supply and Demand 110

Supply and Demand Inventory Management Software Demand Planning Supply Chain Planning Software 110

Unleashed

FEBRUARY 23, 2022

Poka-yoke is a Japanese lean manufacturing strategy that aims to eliminate mistakes and defects during the manufacturing process – a simple yet effective quality control tool that can be used to reduce errors in almost any industry. Here we give you the all-you-need-to-know practical guide to poka-yoke for SME manufacturers.

Manufacturing Procurement 98

Manufacturing Procurement Examples Cost Reduction Strategies Resource Reduction 98

Logistics Bureau

JULY 27, 2016

However based on observations made in the course of our consulting work, many organisations perceive it as a purely remedial or punitive exercise. None of the aforementioned supplier performance evaluation benefits can be gained through sporadic or one-off exercises. Is your company on a lean supply chain journey, for example?

Vendor Strategies 40

Vendor Strategies Resource Reduction Waste Reduction Inventory Reduction 40

Logistics Bureau

OCTOBER 19, 2017

Taken to extremes, reckless spending on business continuity might even make your business go bankrupt, which would defeat the point of the exercise. Lean and Agile Trade-Offs. Lean supply chains reduce waste and increase profit. The lean ideal for using suppliers, for example, is to have just one that delivers just in time.

Agile and Lean Supply Chain 45

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 45

CH Robinson Transportfolio

JANUARY 16, 2018

But it is especially useful for organizations with lean supply chains or those that operate in JIT environments who need to ship smaller quantities of material more frequently, but don’t have enough freight to charter a flight on their own. Consolidation is one bright spot to consider in this challenging environment.

Freight 34

Freight Trends Material Savings Negotiating Skills 34

The Logistics of Logistics

JUNE 27, 2013

The workshop materials provide a good introduction to lean thinking and value stream mapping principles. I apologize in advance to the lean purists who download the value stream mapping training materials. Before beginning any value stream mapping / lean initiative, make sure you get management buy in. Please forgive me!

Material Savings 100

Material Savings Waste Reduction Purchasing Training Lean 100

JDA software

APRIL 17, 2019

Surround yourself with capable, smart people that you can lean on and that are the experts in their areas. We would do exercises on how to interact and one of the things we talked about was meaning what you say. While you need to have a foundational understanding, you don’t have to know all the answers.

Arizona 53

Arizona Detroit Just-in-Time Agile and Lean Supply Chain 53

Logility

AUGUST 19, 2016

” This is usually a verbal crutch people lean on when in fact they are struggling to prioritize. “I don’t have time to exercise.” Never use the phrase “I don’t have time” Another of the phrases that I have cut from my vernacular is, “I don’t have time.”

Just-in-Time 100

Just-in-Time Training Price Mitigation Strategies Agile and Lean Supply Chain 100

Logility

AUGUST 19, 2016

” This is usually a verbal crutch people lean on when in fact they are struggling to prioritize. “I don’t have time to exercise.” Never use the phrase “I don’t have time” Another of the phrases that I have cut from my vernacular is, “I don’t have time.”

Just-in-Time 100

Just-in-Time Training Price Mitigation Strategies Agile and Lean Supply Chain 100

Logility

AUGUST 10, 2016

” This is usually a verbal crutch people lean on when in fact they are struggling to prioritize. “I don’t have time to exercise.” Never use the phrase “I don’t have time” Another of the phrases that I have cut from my vernacular is, “I don’t have time.”

Just-in-Time 100

Just-in-Time Training Price Mitigation Strategies Agile and Lean Supply Chain 100

BlueYonder

APRIL 24, 2019

I enjoy traveling, I am an exercise fanatic, and I’m also a foodie – fortunately, they balance each other out quite nicely! No one in my immediate or extended family had gone to college so I didn’t have anyone to lean on for guidance and I wasn’t even sure how I would pay for school. It is critical that our viewpoints be heard.

Supply Chain Planning Software 40

Supply Chain Planning Software Agile and Lean Supply Chain SAP Analytics Software 40

JDA software

APRIL 24, 2019

I enjoy traveling, I am an exercise fanatic, and I’m also a foodie – fortunately, they balance each other out quite nicely! No one in my immediate or extended family had gone to college so I didn’t have anyone to lean on for guidance and I wasn’t even sure how I would pay for school. It is critical that our viewpoints be heard.

Supply Chain Planning Software 40

Supply Chain Planning Software Agile and Lean Supply Chain SAP Analytics Software 40

Logility

NOVEMBER 18, 2021

This is driving companies of all sizes to lean on technology to measure their emissions and identify opportunities for improvement. Many companies are evaluating their social and environmental initiatives and are finding that a majority of their impact can be traced back to their supply chain practices,” continued Dow.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Analytics Software 130

BlueYonder

APRIL 17, 2019

Surround yourself with capable, smart people that you can lean on and that are the experts in their areas. We would do exercises on how to interact and one of the things we talked about was meaning what you say. While you need to have a foundational understanding, you don’t have to know all the answers.

Arizona 40

Arizona Detroit Just-in-Time Agile and Lean Supply Chain 40

CH Robinson Transportfolio

OCTOBER 2, 2015

Many managers had developed lean budgets around negotiated rates. Conduct a procurement exercise at the same time of year, every year. Snow and ice made it impossible for planes to safely land and take off. Like dominoes, one delay led to another, disrupting supply chains across the country.

Negotiating Skills 34

Negotiating Skills Agile and Lean Supply Chain Pricing Training Supply Chain Planning 34

PINC

JANUARY 22, 2020

To run properly and operate safely, companies using an autonomous yard and shuttle trucks will lean on robust yard management systems (YMS) like PINC to orchestrate the vehicles, optimize their usage, and expedite yard operations, Yearling adds.

Supply Chain Software 26

Supply Chain Software Logistics Network Optimization Software Agile and Lean Supply Chain Supply Chain Optimization 26

Logistics Bureau

APRIL 27, 2016

At the same time, you provide the opportunity for new hires to get their feet wet with practical leadership, analysis and problem solving exercises. Mini-projects in lean or continuous improvement can be a great way to get newly hired graduates’ feet wet and immerse them deeply in your operation. Learning from the Old Hands.

Education 40

Education Agile and Lean Supply Chain Supply Chain Design Buyer Training 40

Logistics Bureau

NOVEMBER 6, 2023

A warehouse benchmarking exercise is an excellent way to start the quest for improvement opportunities. Can we “Lean” Our Warehouse Processes? Since the COVID pandemic rocked the logistics world, many companies have lost their appetite for lean principles in inventory management.

Cost Reduction Strategies 89

Cost Reduction Strategies Warehousing Waste Reduction Purchasing Skills 89

My Office Apps

MAY 12, 2020

It would be an interesting exercise for a company to hire two ‘expert’ acquisition advisors, one pro and one con, to deliver his or her views on a proposed deal to the board.”. Instead, he suggests, build a cash reserve for lean times. “They are truly All-Stars.”. Don’t surround yourself with enablers. .

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Exercises Optimal Sourcing 52

Supply Chain Shaman

FEBRUARY 25, 2016

There is a belief that the efficient response—the tightly integrated lean supply chain—defines supply chain excellence. Eating the same level of a caloric diet and exercising at the same level, the main character in the movie gains 8 kilos in less than six months. The supply chain is reacting on late data with a low level of insights.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150