Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It ensures you maintain optimal raw materials inventory levels, and therefore plays a crucial role in optimising your manufacturing processes. In this guide: What is raw material inventory management?

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

SCMDOJO

JUNE 21, 2023

The Supply Chain as a Service (SCaaS) market has experienced significant growth in recent years, with even greater potential ahead. SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. Let’s delve into this emerging concept.

Supply Chain Planning Software 90

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 90

Supply Chain Opz

SEPTEMBER 9, 2013

In supply chain management context, they has demonstrated the operational excellence that leads them to the supply chain hall of fame. During 1990s, he noticed that many Japanese companies who were the leaders in the analog technology hesitated to adopt the digital technology.

Supply Chain Transformation 257

Supply Chain Transformation Six Sigma Supply Chain Design Software Supply Chain Planning Software 257

SCMDOJO

FEBRUARY 19, 2024

Over the years, various methodologies have emerged to address this need, including lean manufacturing, Six Sigma, and the integration of both known as Lean Six Sigma (LSS). Understanding Lean and Six Sigma Lean and Six Sigma are two powerful methodologies aimed at enhancing organizational efficiency and quality.

Six Sigma 77

Six Sigma Optimal Sourcing Continuous Improvement Agile and Lean Supply Chain 77

Supply Chain Opz

JANUARY 3, 2022

The Supply Chain Revolution: Innovative Sourcing and Logistics for a Fiercely Competitive World Pros: This book will show you how to plan and execute sourcing strategies like the world's leading companies. Cons: It focuses heavily on sourcing or purchasing which is one function under integrated logistics management.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

Negotiating Skills 97

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

SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

Inventory Reduction 91

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 91

Unleashed

MARCH 15, 2019

Inventory accuracy is vital to an organisation’s long-term success. Profits depend on the sale of inventory stock and if you don’t know what or how much you are selling then you could be missing an opportunity to maximise sales. Inventory control strategies. Get automated. Get tracing.

Inventory Reduction 69

Inventory Reduction Inventory Waste Reduction Optimal Sourcing 69

USC Consulting Group

MARCH 27, 2023

Supply chain woes. Continued supply chain disruptions. The supply chain bottleneck that most industries faced during the pandemic has improved in some areas but has not gone away. Lean Six Sigma. Geopolitical instability. Economic uncertainty paired with rising costs. Ecommerce disruption.

Consumer Goods 40

Consumer Goods Manufacturing Procurement Six Sigma Purchasing Skills 40

Unleashed

APRIL 10, 2023

Six Sigma Six Sigma’s methodology was developed in the 1980s by a scientist at Motorola. The Six Sigma concept says that all processes in an organisation can be measured and optimised for improvement using a statistical benchmark. In addition to the Six Sigma concept is Lean Six Sigma.

Manufacturing Procurement 52

Manufacturing Procurement Six Sigma Optimal Sourcing Waste Reduction 52

Unleashed

MARCH 24, 2024

Here we look at the most common tools and techniques used to bring the advantages of lean into the modern manufacturing workplace. In this guide to lean manufacturing tools: What are lean manufacturing tools? Indeed, these tools could be several different things, such as: New shop floor layouts. Big data frameworks.

Six Sigma 52

Six Sigma Supply Chain Design Software Inventory Management Software Demand Planning Software 52

Supply Chain Opz

JUNE 1, 2014

Professionals in supply chain management use various methods to identify best practices to improve the operations. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

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

SCMDOJO

JUNE 14, 2023

A 3PL offers a comprehensive range of services, including transportation, warehousing, distribution, and value-added solutions such as inventory management, packaging, and assembly. It enables these systems to communicate with each other in an organized and automated way.

3PL 78

3PL Supply Chain Design Software Prescriptive Analytics Software Inventory Management Software 78

Requis

NOVEMBER 18, 2020

Supply chain optimization consultant, author, and podcaster Marcia Williams has been working in supply chain since 2004. On episode 18 of Supply Chain Next, Marcia talks with host Richard Donaldson about what works and what doesn’t when it comes to digital transformation. ?. I use finance to show the value.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 52

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference.

Negotiating Skills 98

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 98

Supply Chain Game Changer

FEBRUARY 11, 2021

Subscribe to Supply Chain Game Changer. However, when investing in large scale technology transformation projects it is important to know what element of the process is powered by AI and how the AI itself works. Often open-source coding software like R or Python are used to develop the AI power that these software models use.

Procurement 93

Procurement Modeling Software Analytics Software Supply Chain Network Software 93

Supply Chain Opz

APRIL 1, 2018

The Supply Chain Revolution: Innovative Sourcing and Logistics for a Fiercely Competitive World Pros: This book will show you how to plan and execute procurement and sourcing strategy like the world's leading companies. Career patterns of supply chain executives: an optimal matching analysis. Who is it for?:

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Material Savings Inventory Reduction 100

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. Technology. Improve processes daily.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

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

Logistics Bureau

JANUARY 19, 2016

Whatever your supply chain role might be, monitoring and controlling costs is almost certain to be an important area of responsibility for you. Cost blowouts are something that can happen to the biggest and best of supply chain organisations. Ineffective use of technology/software. Lack of accountability.

Supply Chain Planning Software 40

Supply Chain Planning Software Cost Reduction Strategies Negotiating Skills Agile and Lean Supply Chain 40

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Evolution of Asset Management: Humans, Inventory and the Rise of AI by Jeroen Hendriks , Director at Art of Supply Chain Sdn Bh In the ever-evolving landscape of organisational success, the spotlight is now on asset management. However, inventory is also an essential asset for many businesses.

Asset Management 130

Asset Management Inventory Reduction Inventory Optimal Sourcing 130

6 River Systems

FEBRUARY 22, 2019

Robert Rebitski is a member of the team over at Predictable Surgical Technologies , a medical supply store. Every business should take advantage of modern technology because it will give your business a very unfair advantage to those that don’t. Define normal parameters and fine-tune the physical inventory system.

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

Unleashed

MARCH 30, 2022

To do so, we determine our standard deviation, and then use Six Sigma methodology to turn those into upper and lower limits. Tip: In a spreadsheet or a tool using similar formulas, you can automate this by using AVERAGE and STDEV calculations to work out the mean and standard deviation. What is Six Sigma?

Manufacturing Procurement 98

Manufacturing Procurement Six Sigma Inventory Management Software Manufacturing 98

The Logistics of Logistics

MARCH 13, 2021

Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. When developing a sourcing strategy, the focus can be effectiveness (gaining desired results) or on efficiency (reducing cost, labor, and resources used). About Ron Crabtree.

Sourcing Strategies 130

Sourcing Strategies Resource Reduction Price Reduction Waste Reduction 130

Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.

Inventory Reduction 88

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction Strategies 88

SCMDOJO

APRIL 26, 2023

Category Management Software What is Category Management in Procurement? Category management may involve the splitting of products (goods or items) or services or may relate to the dissecting of products or services by value, supplier, type, or volume into various categories to allow for easy management and sourcing.

Procurement Solutions 77

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 77

SCMDOJO

MAY 10, 2023

In today’s fast-paced business world, organizations are increasingly relying on technology to streamline their operations and stay competitive. One such technology that has gained immense popularity in recent years is Enterprise Resource Planning (ERP) systems. What is ERP Master Data?

Optimal Sourcing 122

Optimal Sourcing Government Quality Supply Chain Design Software 122

Kinaxis

AUGUST 28, 2017

by Alexa Cheater 7 barriers to aerospace and defense supply chain success. As air travel demand soars, aircraft equipment manufacturers continue to innovate in areas like jet engine fuel efficiency, navigation technology and materials science. Aerospace and defense supply chain pain points. Supply chain complexity.

Aerospace 179

Aerospace Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 179

Shipchain

JUNE 10, 2020

Nowadays, all supply chains face a plethora of potential threats, from piracy, to natural disasters, to accidents, to fraud, and so on. More often than not, it’s their supply chain redundancies. What is a Supply Chain Redundancy? This rings especially true when you think about critical industries.

Agile and Lean Supply Chain 112

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design Supply Chain Software 112

Supply Chain Shaman

OCTOBER 7, 2012

Your supply chain needs to be agile too. The best supply chains are also designed for purpose. For the purpose of this discussion, I define agility as the design of the supply chain to deliver the same cost, quality and customer service given a level of both market volatility and process variability.

Supply Chain Design Software 229

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 229

Requis

SEPTEMBER 24, 2020

Muddassir Ahmed is a supply chain strategist, researcher, and educator. On the fifteenth episode of Supply Chain Next, Muddassir talks with host Richard Donaldson about innovation in supply chain management, updating educational curricula, and the accessibility gap he sees in accessing instruction in supply chain best practices. ?.

Supply Chain Planning Software 75

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

Supply Chain Action Blog

FEBRUARY 18, 2021

I’m sure there are a lot of ways to summarize a careful, comprehensive approach to inventory management. A ccess information and use it instead of inventory. This is perhaps the simplest, but yet most difficult aspect of careful, comprehensive inventory management. . A nticipate market requirements. A ccount for your actions.

Inventory Management Software 40

Inventory Management Software Inventory Management Inventory Reduction Inventory 40

Talking Logistics

JUNE 6, 2017

Every supply chain has a central purpose, regardless of size or industry: getting materials from their point of origin to the place they’re needed as quickly and inexpensively as possible. Designing a supply chain to accomplish that task isn’t as straightforward as it seems, especially when technology is involved.

Supply Chain Design Software 171

Supply Chain Design Software Supply Chain Design Optimal Sourcing Supply Chain Optimization 171

Supply Chain Shaman

NOVEMBER 14, 2016

Financial balance sheet improvements cannot be driven by traditional supply chain processes. In the words of a supply chain leader yesterday, “Lora, please give me stories of success. When I first met Nick, he was driving a supply chain transformation at VTech Communications. Inventory Turns.

Supply Chain Planning Software 150

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

Supply Chain Network

NOVEMBER 23, 2013

Hinkle most recently served as the Chief Information Officer and Head of Americas Operations at Take-Two Interactive Software, Inc. He is a Six Sigma Black Belt, a Computerworld Premier 100 Honoree, and an avid theater-goer, especially when his daughter is performing. Nasdaq: TTWO). Please visit [link] for more information. ###.

Modeling Software 74

Modeling Software Supply Chain Network Software Logistics Network Optimization Software System 74

Kinaxis

FEBRUARY 17, 2015

by Matt Benson If your 3PL supply chain problem was to deliver 400,000 items daily from supplier to customer and your on-time in full metric was a six-sigma target standard of 1 failure per million, how would you do it? Why do we even need technology? The common themes we are hearing are: Inventory cost reduction.

Pharmaceutical 100

Pharmaceutical Supply Chain Planning Software Modeling Scenario Planning 100