Unleashed

APRIL 6, 2022

Lean manufacturing involves 13 core principles – many more than the ‘five principles’ that are often associated with this popular manufacturing system. The lean concept originally came from manufacturing, but it has gained in popularity and is now used widely across different industries and sectors.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Inventory Management Software 98

Supply Chain Game Changer

SEPTEMBER 30, 2021

Lean manufacturing article and permission to publish here provided by Zaklina at Click Intelligence. From the outset, it may not seem relevant to someone who has never applied lean manufacturing processes to their manufacturing methods. A Basic Introduction to Lean Manufacturing. Supreme Inventory Management.

Agile and Lean Supply Chain 104

Agile and Lean Supply Chain Lean Supply Chain Planning Software Inventory Reduction 104

Logistics Viewpoints

FEBRUARY 3, 2022

Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Is supply chain inventory the problem?

Inventory Reduction 290

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 290

ToolsGroup

NOVEMBER 3, 2015

I learned about “lean manufacturing” (or simply “lean”) back in the 1990s when I met James Womack and read his book “ The Machine that Changed the World ”. Based on MIT's five-year, fourteen-country study – one of the largest and most thorough ever undertaken -- the book describes the entire managerial system of lean production.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Inventory Reduction Lean Inventory 120

GlobalTranz

FEBRUARY 17, 2016

Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. A Focus on Inventory Control Begets Warehouse Cost Reductions. A Focus on Inventory Control Begets Warehouse Cost Reductions. First, look at inventory as MONEY/CASH. Understand Data Integrity to Reduce Inventory Costs.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Unleashed

MARCH 2, 2022

Here we give you eight real-world examples of how businesses use Kanban, a popular lean tool that’s helped companies in a huge range of sectors improve efficiency – especially those in the manufacturing industry. Kanban came from the same place as the wider principles of lean manufacturing: Toyota. The customer’s order is complete.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 98

QAD

FEBRUARY 9, 2022

One such trend in the manufacturing industry is the use of lean manufacturing principles that help companies clean up inefficiencies and work smarter. Learn more about what lean manufacturing is and the five principles helping manufacturers get ahead. What is the Definition of Lean Manufacturing? Toyoda and Taiichi ?no

Manufacturing Procurement 52

Manufacturing Procurement Agile and Lean Supply Chain Lean Manufacturing 52

Logility

NOVEMBER 14, 2019

Many companies have high hopes when they set out to establish a Lean operating environment. A growing body of knowledge and experience indicates that advanced Sales & Operations Planning (S&OP) may be the key ingredient for Lean success. Remember the commonalities between S&OP and Lean—they truly work hand-in-hand!

S&OP 113

S&OP Supply and Demand Agile and Lean Supply Chain Lean 113

Amware Logistics and Fulfillment

AUGUST 2, 2022

Inventory management has changed substantially in the last few years. Most fulfillment professionals spent years learning about lean inventory strategies, only to find those methods ineffective when the supply chain turned volatile during the COVID-19 pandemic.

Inventory Reduction 118

Inventory Reduction Inventory Agile and Lean Supply Chain Omnichannel 118

SCMDOJO

MARCH 8, 2024

In the world of business, managing inventory efficiently can make all the difference between success and struggle. Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!

Inventory Reduction 79

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 79

SYSPRO Smarter ERP

JUNE 6, 2022

In today’s business world, the success of a firm depends not only on its sales but also on the ability to manage its supply network and ensure it has the inventory it needs to deliver customer orders. Since 2000, businesses have implemented programs such as just-in-time (JIT) inventory and lean operations to improve profitability.

Inventory Reduction 119

Inventory Reduction Optimal Sourcing Inventory Modeling 119

Logility

MAY 1, 2019

Fifteen years ago, I worked for a company that embraced Lean 6 Sigma as a core operating fundamental. Just about every member of the management team was a Lean 6 Sigma Black Belt and many had attained a level of Master Black Belt. Fifteen years ago there were few resources to help apply lean principles to supply chain planning.

Agile and Lean Supply Chain 102

Agile and Lean Supply Chain Supply Chain Planning Software Lean Six Sigma 102

RFgen

FEBRUARY 17, 2023

Lean manufacturing emphasizes customer desires. Just-in-Time (JIT) Manufacturing and Lean Manufacturing are two of the most popular business processes. Lean manufacturing places a focus on customer value across all departments including manufacturing, production, marketing, and distribution.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 52

The Smart Software

JANUARY 9, 2024

Managing inventory, like managing anything, involves balancing competing priorities. Do you want a lean inventory? If you lean into leaning your inventory too aggressively, you risk stockouts. If you stamp out stockouts, you create inventory bloat. But can you have it both ways? Only to a degree.

Agile and Lean Supply Chain 94

Agile and Lean Supply Chain Lean Inventory Supply Chain Planning Software 94

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Logility

SEPTEMBER 26, 2016

Many companies have high hopes when they set out to implement a Lean improvement program. A growing body of knowledge and experience indicates that Integrated Business Planning (IBP) may be the key ingredient for lean success. The perfect enabler for Lean success is called Integrated Business Planning.

S&OP 103

S&OP Agile and Lean Supply Chain Lean Waste Reduction 103

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? But consider, too, how you can turn those needs to your advantage in inventory management.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

The Logistics of Logistics

DECEMBER 31, 2012

Understanding lean and the 8 wastes is important for all operations people including logistics and supply chain folks. The concept of lean (and the 8 wastes) originated in the manufacturing sector where it was first recognized that eliminating waste in the system led to much bigger profits. Excess Inventory.

Waste Reduction 157

Waste Reduction Agile and Lean Supply Chain Lean Inventory Reduction 157

ShipBob

OCTOBER 1, 2021

This question is at the heart of any lean supply chain strategy. By implementing the right process improvements, technology, and efficiency optimizations, merchants can create a lean supply chain that: Significantly cuts their logistics costs. What is a lean supply chain? Why retailers are creating lean supply chains.

Agile and Lean Supply Chain 52

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

Clear Spider

OCTOBER 10, 2023

In the fast-paced world of seasonal inventory, trend forecasting is crucial for success. Traditionally, companies built inventory management strategies around long-term forecasting and stable market conditions. If businesses are going to keep up, they’ll need to adopt new inventory management strategies.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Forecasting Software 52

Logistics Bureau

AUGUST 7, 2023

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Management Software 74

Inventory Management Software Inventory Reduction Inventory Management Inventory 74

Unleashed

JULY 2, 2023

Days Inventory Outstanding (DIO) is a fundamental inventory metric for measuring efficiency and liquidity inside a product business. It’s used frequently in inventory accounting to help businesses understand their holding costs and make optimised purchasing decisions. What is Days Inventory Outstanding?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 52

Operations and Supply Chain Management

AUGUST 24, 2020

One landmark in the lean revolution for retailers was Walmart ’s decision in 2006 to thin out inventory by $6.5 Companies that adopted the lean-inventory approach largely omitted tenets of the system that called for having extensive backup plans in case of an event that interrupted plant operations or caused a sudden demand surge.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Lean Inventory Reduction Supply Chain Planning Software 52

GlobalTranz

MARCH 23, 2016

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. Your company has started the lean journey, but how do you sustain it? How can we Continuously Improve Daily and Sustain a Lean Culture and Behavior? Why are we doing this?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

The Network Effect

SEPTEMBER 26, 2014

Before I answer the title question, let’s have a quick refresher on what exactly Lean and Six Sigma are. Lean , on the other hand, analyzes process flow and related outputs, including waste. Lean is all about introducing Straight Through Processing coupled with flexibility where required across processes. Edwards Deming.

Six Sigma 169

Six Sigma Agile and Lean Supply Chain Lean Supply Chain Planning Software 169

Logility

OCTOBER 11, 2016

Today, Lean is a concept, a philosophy, a practice, and a set of tools all wrapped in one. The focus of Lean is to maximize quality, minimize unnecessary steps and optimize customer value (provide them what they want when they want it). Why wouldn’t adopting a Lean philosophy help?

Agile and Lean Supply Chain 102

Agile and Lean Supply Chain Supply Chain Planning Software Lean Supply Chain Planning 102

USC Consulting Group

NOVEMBER 11, 2020

One of the most successful and widely utilized in the manufacturing sector is just-in-time inventory. Although not exclusive to manufacturers, lean manufacturing — as it’s more commonly known — is designed to improve process efficiencies by minimizing waste and maximizing output, producing just enough volume to sell quickly.

Manufacturing Procurement 52

Manufacturing Procurement Agile and Lean Supply Chain Lean Waste Reduction 52

Kinaxis

FEBRUARY 11, 2015

In no time at all we were debating between lean versus EOQ. EOQ attempts to optimize lot size by balancing manufacturing cost ( Fixed + variable costs) with things like inventory holding costs and capacity utilization. Lean relies on minimization of, among other things, lot sizes, inventory and waiting. Here we go again!

Agile and Lean Supply Chain 100

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

USC Consulting Group

JANUARY 25, 2022

If you’re in manufacturing, you’ve certainly heard of two process methodologies, Lean and Six Sigma. Lean, which has been around forever and has recently migrated from the manufacturing floor into other industries (they’re even talking about Lean HR methods) and Six Sigma, a newer technique. Transporting.

Six Sigma 40

Six Sigma Agile and Lean Supply Chain Lean Waste Reduction 40

Unleashed

FEBRUARY 12, 2024

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. What is inventory carrying cost? Why is inventory carrying cost important?

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

SYSPRO Smarter ERP

DECEMBER 13, 2021

Inventory management was moving towards a just-in-time approach until the supply disruptions of the last year. Whatever inventory management methodology is chosen, the realization that supply chains are vulnerable will require a re-assessment of practices and KPIs in order to keep goods flowing in a predictable and manageable way.

Inventory Management Software 122

Inventory Management Software Inventory Management Inventory Reduction Sourcing Strategies 122

Supply Chain Action Blog

JUNE 14, 2017

How Lean Thinking Helps. Lean principles are applied to drive out waste. In inventory management, this often happens through a reduction of lead times and lot sizes. So, deciding just how much to spend on which inventory in what location and when to do it is crucial to success in a competitive global economy.

Six Sigma 40

Six Sigma Inventory Reduction Agile and Lean Supply Chain Lean 40

Unleashed

APRIL 18, 2024

Implementing JIT in manufacturing operations can significantly reduce lead times and inventory levels, leading to cost savings and more responsive production cycles. Lean Manufacturing aims to streamline production by eliminating non-value-adding activities, enhancing efficiency, and reducing costs.

Just-in-Time 52

Just-in-Time Manufacturing Procurement Waste Reduction Inventory Reduction 52

ThroughPut

JULY 14, 2020

“ Lean” is considered to be a philosophy of continuous improvement. What is Lean Continuous Improvement? Lean Continuous Improvement is defined as a method for identifying opportunities for streamlining work, reducing waste, and increasing productivity. What are the Five Principles of Lean Manufacturing?

Continuous Improvement 69

Continuous Improvement Agile and Lean Supply Chain Waste Reduction Lean 69

Logility

FEBRUARY 13, 2017

Today we are going to look at lean manufacturing. Myth: “No Need for S&OP; We have Lean Manufacturing.” Raw and WIP inventory takes time to procure, build and transport. Lean manufacturing will not help you solve these lead time mismatch issues and longer term planning problems.

Manufacturing Procurement 100

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

Supply Chain Action Blog

JUNE 14, 2017

How Lean Thinking Helps. Lean principles are applied to drive out waste through a reduction of lead times, lot sizes, and activity that does not increase the value of the whole. Seiri (Sort) – sorting, i.e., proper arrangement of all items, storage, equipment, tools, inventory and traffic. Seiton (Set in order) – orderliness.

Six Sigma 40

Six Sigma Inventory Reduction Agile and Lean Supply Chain Lean 40

The Logistics of Logistics

OCTOBER 26, 2020

Robert Cadena is the Co-Founder and CEO of Lean Staffing Solutions, which provides operational, marketing, sales, and technology services to the logistics and transportation industry. About Lean Staffing Solutions. Lean Staffing Solutions provides operational, sales, marketing, and technology support to over 100 leading 3PLs.

Logistics Network Optimization Software 244

Logistics Network Optimization Software 3PL Agile and Lean Supply Chain Colombia 244