SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Read More: 6 Logistics KPIs Attributes That are Essential ] What is Contract Logistics?

Logistics Network Optimization Software 90

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

SCMDOJO

FEBRUARY 21, 2024

When it comes to effective and profitable road transport management, it is undeniably crucial you get a reliable 4PL provider to handle your logistics. First, understand the difference between 3PL and 4PL in logistics. 3PLs focus on various logistical areas and topographical locations. What is 4PL? A 4PL often handles the 3PL.

Logistics Network Optimization Software 66

Logistics Network Optimization Software Logistics Supply Chain Planning Software Agile and Lean Supply Chain 66

Kinaxis

DECEMBER 3, 2014

Reason #6 Not effectively managing inventory. One example that I’ve seen several times is around inventory targets. This software then calculates the statistically correct, time phased safety stock levels across multiple levels of the supply chain, providing the optimum inventory in the optimum location.

Expense Reduction 250

Expense Reduction Procurement Analytics Cost Reduction Strategies Metrics 250

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

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. However Bill Smith, a Motorola engineer is credited for coining the term “Six Sigma”.

Agile and Lean Supply Chain 102

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

Supply Chain Opz

APRIL 1, 2018

Are you looking for logistics management books? In this article, we will show you 5 books that'll help you learn logistics faster than any other logistics book. Do You Need a Logistics Book? In the United States, the median wage for a Logistics Manager is around $70,000 annually. The links below are paid links.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Material Savings Inventory Reduction 100

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Feature Article by Dr. Raymon Krishnan – President at the Logistics and Supply Chain Management Society. Many companies buy forward inventory ahead of tariffs being implemented. Raymon Krishnan has over thirty years experience in the Logistics industry as an end user and service provider. Operational strategies.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Supply Chain Opz

OCTOBER 27, 2013

Are you a transportation and logistics professional who are looking for inspiring ideas to improve the operations? This article will show you 5 amazing logistics books that provide the information you can really use. However, they asked "What are some good transport and logistics book you''d recommend?". Goldsby and Robert O.

Six Sigma 100

Six Sigma Logistics Network Optimization Software Transportation Supply Chain Design Software 100

USC Consulting Group

NOVEMBER 29, 2021

Imagine a scenario in which there is unprecedented demand for the products you manufacture, but disruptions in the supply chain are making it difficult, if not impossible, to meet that demand and even if you do, logistics bottlenecks are preventing them from getting where they need to go. Lean manufacturing is nothing new.

Six Sigma 40

Six Sigma Inventory Reduction Waste Reduction Resource Reduction 40

The Logistics of Logistics

OCTOBER 8, 2012

Chuck specializes in Supply Chain Optimization, Third Party Logistics (3PL) and International Purchasing and Importing Consulting. The post Managing a Third Party Logistics Partnership appeared first on The Logistics of Logistics. He also writes for THE GOOD WORD, LinkedIn and other Supply Chain Blogs.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

SCMDOJO

JUNE 6, 2023

This Distribution Operations Assessment tool can be used by Original Equipment Manufacturers (OEMs), Principal Corporates, and distributors themselves to gain insight into materials management and logistics knowledge, identify gaps in skills and knowledge, and foster critical thinking and self-awareness.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 89

Supply Chain Opz

JANUARY 29, 2020

Books We Recommend - Purchasing Book - Six Sigma Books - Operations Management Book - Inventory Control Book - Lean Books - International Business Book Last review and update: January 30, 2020 Obsolete and out-of-print books are not included. Editor's decision is used to finalize the list of the best books. -

Agile and Lean Supply Chain 100

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

SCMDOJO

NOVEMBER 17, 2023

Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc. These include: Capacity Planning: Ensuring timely availability of resources, such as manufacturing capacity and distribution center capacity, to meet logistics and supply chain needs.

Supply Chain Planning Software 70

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

Talking Logistics

APRIL 12, 2016

Structural considerations such as the number and location of loading docks and the variety of vehicles needing to access the building are all important logistical aspects of the warehouse, but designing the layout inside the warehouse requires a much deeper understanding. Understand how the inventory moves. Can inventory be racked?

Warehousing 100

Warehousing Six Sigma Supply Chain Design Software Agile and Lean Supply Chain 100

AB&R

MARCH 4, 2022

Warehouse receiving impacts all aspects of operations, from inventory management to logistics. Replacing fixed workstations with mobile receiving carts also frees up valuable warehouse space, which can help boost dock-to-stock cycles and eliminate bottlenecks in inventory management. Inaccurate inventory data. Conclusion.

Waste Reduction 52

Waste Reduction Inventory Reduction Warehousing Six Sigma 52

GlobalTranz

JUNE 25, 2015

Do you carry too much inventory? They have the funds to access the latest technology, complete extensive R&D and implement new innovations surrounding logistics and supply chain management. They have it down to a science, and they really must all work together to maintain their six sigma performance.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Modeling Software 120

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. . Many logistics service providers will provide their customers with an SLA. For example: Inventory Record Accuracy has to be 98-100% accurate daily. Collaboration.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

The Logistics & Supply Chain Management Society

JULY 16, 2023

The scarcity of skilled professionals in areas such as logistics, procurement, and data analytics can hinder the ability to effectively manage and optimize supply chains. These technologies have the potential to automate processes, improve forecasting accuracy, optimize inventory management, and enhance decision-making capabilities.

Agile and Lean Supply Chain 130

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

GlobalTranz

JULY 12, 2016

A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. Reduce inventory with cross-docking or use Kanban pull systems. Implement a reward system for major victories.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

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

SCMDOJO

JUNE 21, 2023

This approach allows businesses to focus on their core competencies while leaving the logistics to experts who can optimize the process for efficiency and cost-effectiveness. This partnership improves inventory management, particularly for medicines with limited shelf life, utilizing dedicated storage facilities.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89

Elementum

DECEMBER 14, 2023

Lean and Six Sigma AI automation aligns well with Lean and Six Sigma methodologies, where the focus is on reducing waste and improving quality. AI-powered analytics predict supply and demand patterns, optimize logistics, and reduce downtime.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Loop Supply Systems

JULY 21, 2016

Eliminating Your Excess Inventory. Excess inventory is experienced by nearly every manufacturer – and it’s a big problem. Inventory is one of the 7 Lean Mudas (Japanese term for ‘waste’). COST OF EXCESS INVENTORY. Now think about all of your inventory. ROOT CAUSES. Poor safety stock calculations.

Inventory Reduction 40

Inventory Reduction Waste Reduction Cost Reduction Strategies Resource Reduction 40

SCMDOJO

DECEMBER 18, 2023

Ensuring Timely Repairs: Having a well-managed inventory of spare parts ensures quick and timely repairs. Improving Employee Productivity: A well-managed spare parts inventory ensures that employees can swiftly access the components they need. Let’s explore the key strategies to ensure your maintenance operations run smoothly.

Inventory Reduction 63

Inventory Reduction Optimal Sourcing Expense Reduction Vendor Strategies 63

Logistics Viewpoints

MARCH 6, 2023

The simplified assumptions allow companies “to manage margins, supply chain costs, and inventories”, but “it does not enable them to manage enterprise costs, profit, and working capital.” The executive meeting will generate lean six sigma projects where analysts are tasked with going out and discovering more granular costs.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235

Talking Logistics

OCTOBER 17, 2016

Inventory : Having raw materials, work-in-progress (WIP) or finished goods that are not having value added to them. Take, for instance, Six Sigma black belts. Overproduction : Producing sooner, faster or in greater quantities than the customer is demanding.

Waste Reduction 100

Waste Reduction Agile and Lean Supply Chain Six Sigma Supply Chain Optimization 100

SCMDOJO

JUNE 14, 2023

Thankfully, outsourcing logistics services to a reliable third-party logistics provider (3PL) can make a significant difference. A 3PL offers a comprehensive range of services, including transportation, warehousing, distribution, and value-added solutions such as inventory management, packaging, and assembly.

3PL 77

3PL Supply Chain Design Software Prescriptive Analytics Software Inventory Management Software 77

GlobalTranz

OCTOBER 23, 2015

Sales, Inventory, and Production Planning (SIOP) should be used for business planning and strategy in the shipper, 3PL relationship. The logistics service level agreement and Quarterly Business Review (QBR) should be detailed with specific 3PL KPIs. Six Sigma Quality and problem solving are necessary for Continuous Improvement.

KPI 120

KPI 3PL Supply Chain Planning Software Resource Reduction 120

GlobalTranz

JANUARY 4, 2017

When it comes to the logistics industry, whether it's transportation management contracts or warehouse contracts, there are a million moving parts, and as many questions. In the below is a real world example of a consultant coming to a third party logistics company with the goal of choosing a warehouse and 3pl provider.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

SCMDOJO

AUGUST 16, 2023

By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels. The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

Kinaxis

FEBRUARY 22, 2019

Second, the bespoke world of customization is a challenge to the supply base from concept development, to production costs amortization, to validation in a short and at times a one-piece production run, to logistics costs. Planning and managing inventories. Designing the supply chain network. Managing cross-functional drivers.

Supply Chain Design Software 170

Supply Chain Design Software Supply Chain Planning Software Supply Chain Optimization Supply Chain Design 170

The Lean Supply Chain

FEBRUARY 15, 2015

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. The Lean tools are: 5S, Kaizen/Continuous Improvement, Kanban and Lean Six Sigma.

Agile and Lean Supply Chain 40

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

SCMDOJO

APRIL 4, 2023

This means tracking everything from customer relations to inventory management, financial investments, transportation and delivery processes, and workflow processes. Examples of such analyses include the performance of a supply chain or the inventory levels of a warehouse. What are some examples of Supply Chain Analytics?

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

SCMDOJO

AUGUST 21, 2023

Impact on Supply Chain: The realm of Supply Chain has witnessed a profound impact courtesy of Professor Rodriguez, a distinguished Supply Chain Management instructor and seasoned logistics professional. > Watch Now: Top Supply Chain Job Search Boards > Watch Now: Industry Terms You Need to Know 4) Dr. . >

Negotiating Skills 97

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 97

USC Consulting Group

JANUARY 10, 2022

They employ methodologies like Lean Six Sigma, SIOP, the Four Ms and other tactics to uncover what’s bedeviling your operation and create ways to solve those problems. It’s a useful process, but we’ve found it’s missing a critical area: Inventory. With SIOP, you can make your inventory work for you.

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Inventory Reduction 40

Talking Logistics

MARCH 31, 2015

With the logistics industry growing at 22 percent annually, both shippers and transportation providers are searching for workers who have what it takes to succeed in their line of work, which increasingly is being driven by information technology. The more information you have, the better your decisions will be.

Supply Chain Planning Software 100

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

GlobalTranz

MARCH 23, 2016

The focus is to eliminate all wastes in the organization, improve processes, solve root cause problems, create a pull environment, and ensure that Lean Six Sigma (LSS) works for quality and daily problem solving using DMAIC (Define, Measure, Analyze, Improve, and Control) and PDCA (Plan, Do, Check, and Act). Why are we doing this?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120