Just in Time
SEPTEMBER 29, 2015
Just in Time You pick up the load. ’ A supply chain that ensures that businesses get products to the customers when they want them, where they want them, in good conditions…and on time – just in time. It required a change in mindset and the way they thought about the customer. Murray J.
Can the Internet of Things Help with Just In Time Ordering?
SEPTEMBER 7, 2015
The Internet of Things (IoT) is everywhere these days and rapidly becoming a reality in our day-to-day lives, whether through connected homes, wearable technology or any of the thousands of applications that have started to pop up. The supply chain is just one area where we are starting to see an impact, as ready access […]. appeared first on ModusLink Global Solutions.
The Cross-Docking Advantage for Supply Chains
FEBRUARY 16, 2016
Consumer demand has led to many changes in the supply chain as shippers are trying to get products to market faster. To keep pace, more shippers are turning to cross-docking to reduce the amount of time it takes to […]. Cross Docking Retail Supply Chain 3pl just-in-time inventory LEAN Distribution
Extending JIT Value Beyond Enterprise Boundaries
The Network Effect
OCTOBER 6, 2016
Just-In-Time (JIT) manufacturing strategies bring tremendous value to companies employing them, but are they missing out on the huge opportunity. Manufacturing Supply Chain Management Technology The Network Effect JIT Just-In-Time manufacturing supply chainThe post Extending JIT Value Beyond Enterprise Boundaries appeared first on The Network Effect.
Tesla Motors Reports Q2 Production and Operational Results- The Critical Ramp-up of the Supply Chain
Supply Chain Matters
JULY 6, 2016
However, in classic “hockey stick” fashion, 5150 completed vehicles […]. Automotive Supply Chain Lean and Just-In-Time Manufacturing Strategies Product Lifecycle Management Supply Chain Strategy independent blog analysis and insights on supply chain management Supply chain Matters blog Tesla Model 3 supply chain Tesla Motors Tesla Motors supply chainTesla Motors remains challenged by supply chain ramp-up issues as it strives to meet aggressive short and long-term production and supply chain needs.
VMI system goes live at Fokker Aerostructures
Supply Chain Movement
MARCH 26, 2014
VIBA Aerospace Products and Services in the Netherlands and Peerless Aerospace Fastener Corporation, a distributor of aerospace fasteners based in Farmingdale (NY), went live with their Vendor Managed Inventory (VMI) of special fasteners at Fokker Aerostructures covering several programs. This was announced in a press release of March 24, 2014. Forward Stocking Location.
Supply Chain Matters Tutorial- Pros and Cons of Zero-Based Budgeting
Supply Chain Matters
MARCH 28, 2015
In the light of this week’s announcement of the mega-merger among HJ Heinz and Kraft, coupled with the new interest in zero-based budgeting techniques, we felt it was timely to provide a brief tutorial on the process. In definition, zero-based budgeting (ZBB) is essentially a financial-driven process where budgetary resources are set to zero every year and must be justified for the new budget period. It was a process originally conceived in the seventies in an era where organizational bloat among large corporations was rather common.
Lean Manufacturing Driven by Rapid Return on eKanban Technology Investment
OCTOBER 18, 2016
Through the use of supplier quality certifications and blanket (long-term) purchase orders, a manufacturer can accurately and effectively calculate the optimal level of inventory needed to fulfill demand requirements through the duration of replenishment lead time. This gives everyone a chance to quickly adjust their behavior to bring performance back in line.
General Electric’s New Transformational Start-up Mentality
Supply Chain Matters
AUGUST 14, 2014
Similar to Lean Six Sigma that fueled rallying and transformational efforts in the 1990’s, FastWorks is targeted to motivate GE employees to be more customer focused, speed new product development, reduce costs and improve customer engagement. The Reis philosophy is that faster product innovation is garnered from building imperfect early versions, gaining timely customer feedback, while continuously “pivoting” and adapting products to address market opportunities. Easily stated, but with far different implications for a […].
Who said supply chains are boring?: Supply Chain Transformers
Supply Chains Rock
MAY 4, 2009
Little do they realize that every time they discard or recycle a carton of milk they are completing the end of the supply chain cycle. In the past Ive shared how shipping containers can be turned into funky apartments and now Ive found wooden pallets that make great deck furniture. Just in time for the summer BBQ season here are some photos that show the progression of pallets into benches. Supply Times. Who said supply chains are boring? Still not excited, well visit often and eventually you will be. Subscribe To. Posts. Posts. Comments. Comments.
Surviving the holidays: Warehouse technology turns uncertainty into opportunity
DECEMBER 10, 2015
Most wholesale distributors have recovered from Black Friday and Cyber Monday by now – and are catching their breath just in time to sprint during these last few weeks of the holidays! This time of year is particularly urgent for getting products to consumers more quickly and cheaply than ever before, which means finding ways to strip out supply chain costs while satisfying customer expectations. Retail drop shipments (shipments directly from the wholesale warehouse) are […].
A Day of Apple Product Announcements- Supply Chain Impressions
Supply Chain Matters
SEPTEMBER 9, 2015
Today, all business and social media eyes were focused on Apple and its annual Special Event timed to announce the latest iteration of product innovation, just in-time for the upcoming holiday buying period. Supply Chain Matters provides our initial impressions of new Apple products from a supply chain and product lifecycle management lens. A New […]. High Tech and Consumer Electronics Supply Chain Procurement and Sourcing Product Lifecycle Management Apple iPad supply chain Apple iPhone 6 supply chain Apple supply chain Supply chain Matters blog
5 Reasons Cross-docking is Changing Retail Warehousing
JUNE 3, 2015
For many, same day / next day fulfillment for both in-store and online purchases is the new normal. This also requires retailers keep store shelves stocked, while also keeping costs in check. Just-in-time restocking ensures product is on hand when consumers reach for it. Tight in-store inventory. Cross-docking has been around for generations. Showrooms do.
What if You Never Had to Carry Inventory?
MARCH 31, 2015
This is second in a series of articles by SuppliersOf.com , which is a software evaluation platform with the goal to eliminate the time spent searching for suppliers and to help bullet-proof your supply chain. The company and website was founded on the principles of keeping things as lean as possible and getting features and capabilities out in the market as quickly as possible.
Discover How LEAN Supply Chains Improve Efficiencies, Cut Costs
MAY 12, 2015
This was true when Henry Ford envisioned an efficient auto assembly line, and later with the standardized processes that led to the Toyota Motor Company’s automated manufacturing steps and just-in-time (JIT) product delivery. There’s a simple mantra i n LEAN supply chain management : If it doesn’t add value, it’s eliminated.
Improve Efficiency and cut Costs in the Healthcare Supply Chain
FEBRUARY 23, 2015
To see how challenging healthcare and medical device supply chain logistics are becoming, just watch consumer-targeted television ads for new medicine and medical equipment. The plethora of direct-to-consumer advertising for products from the latest prescription drugs and supplements to medical devices, highlights growth in products entering the marketplace.
7 Rules of Fashion Supply Chain Management
Supply Chain Opz
SEPTEMBER 14, 2013
Fashion SCM 1.0 In 1984, US Apparel Industry created the task force called " Crafted With Pride in the U.S.A. The result showed that materials were in the warehouse or in transit as long as 40 weeks! When QR strategy has become saturated, companies have to find the ways to differentiate themselves, some adopt ERP system, others adopt Just-in-Time manufacturing concept.
It’s all about Continuity: How Vulnerable is Your Supply Chain?
DECEMBER 9, 2015
Through analytics, of course. It’s all in the data! Relying on single suppliers and using just-in-time manufacturing techniques can help keep costs down, but it also increases supply chain exposure. Where are you in your process to build and maintain your sustainable supply chain? This sounds conceptually simple, but supply chains are complex!
Reflections on the LIVING Supply Chain SCRC Meeting
NC State SCRC
DECEMBER 1, 2016
The SCRC meeting featured a group of executives, students, and faculty participating at the Supply Chain Resource Cooperative meeting yesterday in Raleigh, held at the new Talley Student Center on the NC State campus. In this sleek, modern building, we also spent some time in breakout sessions reflecting on what this means for companies who are seeking to start to create their own real-time, globally transparent supply ecosystem. Secondly I believe that in all industries, there are pockets of examples of total cost of ownership. Information Systems.
Is the Automotive “Factory of the Future” Closer Than We Think?
MARCH 8, 2016
In the automotive business, we’ve been hearing about the Factory of the Future for years now. It’s easy to dismiss the whole idea as just one more round of hype and promises. think we’re in a similar situation with the automotive Factory of the Future. First Reason: Serious companies are investing in it. It’s happening now, far sooner than many expect.
Today’s Inventory Tracking: Big Data & Seamless Software Integration
NOVEMBER 22, 2016
Topping the list of must-haves is real-time data capture for inventory tracking - fast becoming a required tool for most warehouse operators. In a recent survey of 1,400 IT warehouse professionals, about 76 percent expect to invest more in real-time location systems that track inventory and assets throughout the warehouse. Developments in the inventory-tracking world.
5 Lean Best Practices for the Warehouse
OCTOBER 13, 2015
Over time, it is inevitable that a fresh approach to operational efficiency should be performed, with the payoff of identifying a couple of process improvements that can make an impact on your bottom line, as well as to positively impact your customers. Every time it is “touched” unnecessarily, that is a wasted effort – through time spent, wages paid, etc. Data Governance.
7 Traits of Great Supply Chain Leader: A Case Study of Tim Cook
Supply Chain Opz
OCTOBER 3, 2013
Some supply chain leaders now take the helm at the world''s leading companies like Apple Inc, Wal-Mart and Tesco in UK as the CEOs. Background According to the book " Steve Jobs " by Walter Isaacson, Steve Jobs returned to Apple in 1997. At that time, Apple''s supply chain was an absolute mess! He also reduced the manufacturing cycle time, from 4 months down to 2 months.
3 Good Rules for Better Inventory Management
Apex Supply Chain Solutions
SEPTEMBER 25, 2014
In the constant quest to become as efficient as possible, inventory managers are often asking themselves – How much is too much? Lee had some excellent thoughts about this struggle when she pinpointed several rules about inventory management in an article for Inbound Logistics magazine. In fact, in a perfect world, you wouldn’t need any safety stock. Safety Stock.
Why This Holiday Season is Creating Winners and Losers in the Transportation Industry
The Network Effect
NOVEMBER 23, 2015
There is an excellent piece in today’s WSJ on how retailers’ changing inventory management strategies are affecting the fortunes logistics and transportation companies. In addition, retailers are changing the way they manage that inventory, according to both retail and delivery experts. Image Credit: Flickr user Queen Bee. Why is this happening?
4 Supply Chain Secrets to Drive Customer Satisfaction
OCTOBER 12, 2016
company can move a product from China to the United States, clear it through Customs, move it to a distribution center, and fulfill it in record time. Improve on-time delivery. Customers want what they want and they want it fast and on-time. In some situations, clients have no-forgiveness policies. “Any supply chain is only as strong as its weakest link.
It’s About Time for a new “World Class Supply Chain” Paradigm
NC State SCRC
OCTOBER 8, 2016
As a young assistant professor at Michigan State University in 1992, I was part of a group called the Global Procurement Benchmarking Initiative. The principles at the time were certainly appropriate, and were considered ground-breaking at the time. An automotive executive recalls how difficult this was given the technology limitations that existed in the early 1970’s. This was the first intelligent database system at the time that allowed me to look at a “deck” of the current buy for a commodity group for our production buy. This was really exciting! Hardly.
Can the Fourth Industrial Revolution succeed without 100% reliable technical data?
SEPTEMBER 30, 2016
Recently I wrote about the question of the human role in the Fourth Industrial Revolution. In this article, I want to address another common question: How important is data accuracy in a highly digitalized manufacturing enterprise? Obviously, low data quality is a serious problem in a highly automated environment. Planning vs actual data. So what does this all mean?
The Impact of Shipping Consolidation and Alliances
More Than Shipping
NOVEMBER 25, 2016
As a result of the Hanjin bankruptcy, shipping lines are searching for ways to prevent the similar outcome for their companies and prevent further reduction in market freight rates. The major changes occurring within the shipping market may require “several new approaches between shippers and their customer base” in order to make the transition beneficial to all parties.
The Advantages of Procrastinating in a Fast-paced Manufacturing World
FEBRUARY 23, 2016
We live in such a “faster is better” world that sometimes we overlook the value of putting things off. But as an article on supply chain management points out, in some manufacturing supply chain scenarios, postponement actually makes good business sense. This allowed distributors to stock just the “base” printers and the appropriate power modules for their region. Voila!
4 Key Trends to Watch in Smart Manufacturing and Supply Chain
OCTOBER 9, 2015
The advancements in 3D printing and 'Additive Manufacturing,' coupled with supply chain efficiencies, could make distributed manufacturing a reality, ushering in the era of smart manufacturing. One of the biggest challenges facing automotive, aerospace and defense manufacturers is the limited shapes a part can be cut, molded or welded in. In the next few years, Industry 4.0
Convergence of Mobility and Real-time Data Collection
JULY 2, 2015
Instead of reacting to equipment and scheduling snafus, these companies use real-time data to plan downtime and resolve unexpected customer needs. In essence, real-time data from their mobile workforce drives collaboration enabling efficiency, reducing costs and improving customer satisfaction. Supply chains are uniquely positioned to benefit from the intersection of mobility and real-time data collection. Bringing intelligence to the process makes it easier for you to deliver just in time. Recent News Supply Chain Management
8 Reasons Why Supply Chain Analytics Drives Performance
JUNE 9, 2014
However, due to increasing complexity on many levels, spreadsheets are no longer enough to deal with the tremendous amount of calculation and real time data update. Commodity prices are fluctuating more in recent years than in the more stable 1990s. But the difference between those parts is small and in specific ways. Here are eight reasons for this: 1. Dynamic Pricing.
Group Purchasing Organizations: More Than a Healthcare Opportunity
AUGUST 30, 2016
In fact, according to the Healthcare Supply Chain Association , 96-98% of hospitals in the U.S. As GPOs start playing an important role in supply chain services for all industries, you need the right information to stay ahead of the curve. Finally, GPOs advocate for their members, as well as keep them up-to-date on regulatory issues in their industry.
A Lean Approach to Management
JULY 29, 2014
Manufacturing enterprises have invested heavily in Lean practices for many years, wringing the inefficiencies out of every operation in the production process. Supply chains have been tightened, inventories reduced or virtually eliminated with just-in-time processing, and production operations at every stage streamlined and optimized. That neglected area?
Warehouse Statistics and KPIs Every Logistics & Warehouse Manager Should Know
MARCH 22, 2016
Stock movement, order duration times, utilization of equipment and personnel, error rates and many more. Safety is the top priority in any Warehouse environment. Safety Manager should be appointed to ensure all safety activities are in place and maintained daily. Proper signage has to be distributed in the facility to remind people of the importance of safety. SKU’s.
Should You Use Perishable Consolidation?
JULY 21, 2015
In fact, most people don’t even realize such a service exists. This type of transportation exists to benefit just in time products or programs, from regional produce distribution to a national juice program. That’s why goods on a just in time model are ideal candidates for this style of shipping. But it does. Ask yourself four questions.
FMCG Supply Chain: Do you use data or information?
Enchange Supply Chain Consultancy
AUGUST 27, 2015
People working in or associated with Supply Chains seem obsessed by data yet data itself actually tells you nothing. If you need to renew your UK passport (must be similar for other countries) you need to have your identity confirmed by someone in a certain profession, e.g. doctor, teacher etc and be a person of “good standing in their community”. Who coined “Big Data”?
Getting Smart With Logistics Big Data
MARCH 23, 2016
In this guest post, Kevin Everson the Vice-President of Supply Chain Solutions at RMG Networks , investigates two examples of driving more supply chain value with logistics big data and data visualization. Companies able to manage this unchecked flow of data can gain an advantage on the competition and establish themselves as leaders in a global marketplace. Fundamental Feature.
Trends in healthcare supply chain logistics
JANUARY 27, 2015
Healthcare isn’t just a costly quandary for patients. Infuse this with increased competitive forces, and they’re left to cut costs to maintain already low margins in the era of healthcare reform. With 25 years of experience in the supply chain arena, Keli serves customers in the healthcare, electronics, technology and appliance manufacturing industries.