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

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

QAD

JULY 1, 2021

Improving communication between departments and comparing metrics across them. Our solutions are designed and implemented with manufacturing industry best practices in mind, such as: Lean manufacturing and process optimization. Improving communication between departments and comparing metrics across them.

Manufacturing Procurement 89

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 89

The Logistics of Logistics

AUGUST 17, 2022

Nick is a Senior Account Executive and Team Leader at Lean Solutions Group , and Melanie is the Director of Solutions Consulting at Symtrain. Nick Strober is a Senior Account Executive at Lean Solutions Group , where he is known as a jack of all trades. About Lean Solutions Group. About Nick Strober. 500 Fastest Growing U.S.

Logistics Network Optimization Software 191

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Network Software Buyer Training 191

Unleashed

DECEMBER 15, 2021

Here explain what DSI is, how to use it, and why it’s crucial to track this metric in your business – whether you’re a retailer, manufacturer, wholesaler or distributor. The next figure you need to calculate is COGS, which is a metric that relates to the direct costs of a product that a business sells.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Metrics Inventory 98

Supply Chain Game Changer

NOVEMBER 9, 2018

How many people make a New Year’s resolution to “Lean” yourself out only to abandon it shortly thereafter? What do you do when your Lean program at work suffers the same fate? In this case one of the areas I wanted to understand was whether or not there was a Lean program in operation. And it needed a reboot.

Agile and Lean Supply Chain 55

Agile and Lean Supply Chain Lean Six Sigma Optimal Sourcing 55

GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Consumer Goods.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

Supply Chain Shaman

JULY 19, 2020

The supply chain is complex non-linear system that is easily thrown out of balance through a focus on functional metrics. They rock back and forth in improving singular metrics but struggle to improve a portfolio of growth, margin, inventory performance, and asset utilization. Stop the Focus on Functional Metrics.

Supply Chain Design Software 400

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 400

synchrono

FEBRUARY 13, 2017

When we began our metrics discussion, we talked about how behaviors are too often dictated by metrics—and whether or not these behaviors actually “move the needle” for sustainable supply chain improvements. Mark Davidson’s blog about aligning metrics to larger goals and objectives covers this topic well.

Resource Reduction 63

Resource Reduction Cost Reduction Strategies Metrics Supply Chain Strategy 63

synchrono

MARCH 6, 2017

When we look at the organizations of today, words like efficiency and productivity get thrown around with little understanding of what is required to improve one of these measurements (metrics). This “lost opportunity metric” is now something that Lean manufacturing experts try to keep at the top of the list.

Metrics 82

Metrics Waste Reduction Resource Reduction Cost Reduction Strategies 82

Logility

AUGUST 25, 2020

Every company today runs on data – the key to using your data is choosing the right metrics for visibility into your supply chain. While Key Performance Indicators (KPIs) may be reviewed quarterly or monthly, the speed with which supply chain operations occur makes a daily view of more tactical and operational metrics a growing necessity.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

GlobalTranz

MAY 20, 2015

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Arkieva

JANUARY 20, 2017

Are you using lean in your logistics and transportation management? Lean is a new way of doing business. The transportation company’s culture and behavior should change to apply Lean thinking. The goal in Lean Transportation is to use the ‘Eight (8) Right’s: Right Materials. Right Quantity. Right time.

Optimal Sourcing 60

Optimal Sourcing Waste Reduction Agile and Lean Supply Chain Inventory Reduction 60

synchrono

AUGUST 22, 2016

In the same way that marketing is leaning more on technology for decision-making data – and what to take action on to improve performance – more manufacturers are investing in technology to better serve their clients, elevate their competitive position and increase revenue. The post Modern Metrics appeared first on Synchrono.

Metrics 40

Metrics Demand Planning Software Modeling Software Analytics Software 40

Supply Chain Game Changer

NOVEMBER 15, 2018

Check out 10 Signs You Should Reboot Your Lean Program! Implementing a Lean program on the Manufacturing floor, in a Warehouse operation, or in a Distribution Centre is challenging enough. And your Lean program has at its core the objective of making these operations as efficient as possible. Email Address. Environment.

Agile and Lean Supply Chain 43

Agile and Lean Supply Chain Lean Purchasing Training Negotiating Skills 43

Supply Chain Shaman

JULY 25, 2021

The Focus Inside-out Supported by Functional Metrics. Functional excellence drove regional supply chain performance in the 1990s, but a focus on functional metrics in large, global and complex supply chains over the last two decades threw the supply chain out of balance. Lean, Blockchain, Industry 4.0,

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

DELMIA Quintiq

MARCH 29, 2023

In fact, the outperforming logistics vendors today (based on profitability and revenue growth metrics) are the ones that were extra cautious on capital expenditure in the years following the recession.

Logistics Network Optimization Software 156

Logistics Network Optimization Software Supply Chain Planning Software Optimization Software Demand Planning Software 156

ToolsGroup

JUNE 8, 2021

A proof of concept (POC) is an increasingly common method to select the best supply chain software vendor for your company, yet many supply chain practitioners still lean on the traditional RFI (request for information) tool. 6 Focus on the wrong metric. RFIs also assume the organization is focusing on the right metrics.

Supply Chain Planning Software 245

Supply Chain Planning Software Forecasting Software Supply Chain Software Optimization Software 245

Logility

MARCH 21, 2024

Because of a personal relationship, the supply chain manager knows they can call their colleague from sourcing to lean on their vendors to get the shipments expedited. For example, suppose an order for a key customer is going to be late.

Optimal Sourcing 226

Optimal Sourcing Supply Chain Planning Software Modeling Software Inventory Reduction 226

synchrono

AUGUST 4, 2015

Here we are at the final installment of our four-part, Sandpaper blog series about when to use the tools of Lean Manufacturing, the Theory of Constraints (TOC) and Six Sigma to address constraints, drive flow and promote continuous improvement. There are some improvement metrics that in my opinion, are based on funny numbers.

Six Sigma 75

Six Sigma Agile and Lean Supply Chain Lean Continuous Improvement 75

The Logistics & Supply Chain Management Society

JULY 20, 2020

The philosophy of lean, triggers us to look for the “Ideal Way”. For companies not adopting lean, Peter Hines’s Six Rights seems to be a good start, which are Right Product, Right Place, Right Time, Right Quantity, Right Quality, and Right Price. Arguably, it is criticised that acting too lean can cause breakdowns in crisis.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. In lean terms, we have too much muda (waste) and too little inventory working for us. Yet, only 20% of companies actively manage supplier development programs to get cash to suppliers in need.

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

QAD

JULY 23, 2020

When comparing business metrics , there are four primary types of benchmarking to consider: Internal benchmarking measures improvements that can be made to a business process or function internally and within the organization. Establish baselines on internal performance (or metrics) and gather your actual results.

Benchmarking 132

Benchmarking Metrics Manufacturing Six Sigma 132

ModusLink Corporation

SEPTEMBER 20, 2010

Previous commentaries on Value Unchained noted a recent University of Tennessee research study, “Green, Lean and Global Supply Chain Strategies.” In the posting, Beyond the Research Part Three: Green and Lean Global Supply Chain Strategies , the researchers at the University of Tennessee made a rather important observation.

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Lean Waste Reduction Vendor Strategies 119

QAD

JULY 23, 2020

When comparing business metrics , there are four primary types of benchmarking to consider: Internal benchmarking measures improvements that can be made to a business process or function internally and within the organization. Establish baselines on internal performance (or metrics) and gather your actual results.

Benchmarking 130

Benchmarking Metrics Manufacturing Six Sigma 130

BlueYonder

NOVEMBER 30, 2012

At a recent industry conference, I asked my 80-plus audience to raise their hands if they were “OK” with the current status of their performance measurement governance practices – including Metrics Identification, Measuring, Tracking, and Controlling. In this case, from a Lean perspective, it is a waste of time and money.

Agile and Lean Supply Chain 51

Agile and Lean Supply Chain Lean Government Waste Reduction 51

Supply Chain Insights

OCTOBER 29, 2014

I love the sound as it rolls off my tongue; but yes, the Metrics that Matter book is finished. Joe’s struggle is focused on figuring out what is possible in driving supply chain metrics, and how fast can he move forward. Uncategorized metrics that matter simulation activity Supply Chain Insights Global Summit'

Agile and Lean Supply Chain 187

Agile and Lean Supply Chain Metrics Lean Modeling 187

synchrono

APRIL 2, 2018

. . Where to Start Your Lean Journey. Planning Your Lean Journey. Like visitors to the Mall of America, manufacturers looking to apply Lean principles start in the same place. Their “directory” is the 8 types of waste identified in Lean: Overproduction – Manufacturing more than is needed to fill customer orders.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain Lean Waste Reduction Material Savings 60

synchrono

JANUARY 31, 2017

LNS Research blogger Mark Davidson said, “When it comes to metrics, it’s often said that what gets measured gets done.”. Mark also writes: “Metrics that have the attention of business and manufacturing leaders tend to be those that get measured and improved upon by their employee teams.”. Metrics for Action.

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 40

synchrono

NOVEMBER 6, 2017

Often, they’re focused on Lean Manufacturing or at least some element of it. However, at some point in the conversation, they will inevitably ask, “Is Demand-Driven Manufacturing the same thing as Lean Manufacturing?”. Demand-Driven Manufacturing isn’t synonymous with Lean or other related initiatives such as Theory of Constraints.

Agile and Lean Supply Chain 39

Agile and Lean Supply Chain Lean Demand Planning Software Supply and Demand 39

The Logistics of Logistics

JULY 19, 2023

Coyote is committed to providing a better service experience in the transportation industry, raising the standards for service metrics and customer satisfaction.

3PL 141

3PL Trends Third Party Logistics Milwaukee 141

The Lean Supply Chain

APRIL 24, 2015

Include the need for Continuous Improvement and implementation of Lean initiatives: 5S, Kaizen, Kanban and Six Sigma… The consumer phase is a significant stage in the wine’s life cycle. Lean Logistics ensures agile logistics processes reducing the variation” ICL – Foundation. Why extended Lean in the Supply Chain?

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Lean Six Sigma Supply Chain Software 40

Logistics Viewpoints

OCTOBER 26, 2023

So why are so many still falling short of OTIF targets (and other key metrics)? What’s more, today’s supply chains operate at lean levels. We are well into the era of real-time transportation visibility, where shippers and their partners can track freight in real-time across every mode of transport.

Supply Chain Planning Software 199

Supply Chain Planning Software Real-time Visibility Supply Chain Design Software Supply Chain Planning 199

QAD

APRIL 13, 2023

In an effort to address drug shortages, the FDA is proposing a voluntary phase of a quality metrics reporting program to learn more about a limited set of quality metrics and associated analytics. How are manufacturers keeping up with demand while navigating workforce shortages and new regulatory and quality requirements?

Pharmaceutical 94

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 94

GlobalTranz

JANUARY 4, 2017

Customer metrics. Cost or Cost Savings: Re-engineering/continuous improvement: Implement Lean initiatives to eliminate all wastes, improve processes, increase throughput, and bring much more value to the customer beyond their expectations: Lean consists of a culture/behavior change. Lean IS their DAILY work.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

Supply Chain Shaman

MARCH 18, 2018

Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. The concept of the Effective Frontier is that best in class companies align functional metrics to balance growth, cost, inventory and Return on Invested Capital (ROIC) performance while balancing customer service metrics. The Effective Frontier.

Optimal Sourcing 169

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Design Software 169

Unleashed

APRIL 10, 2023

Process improvement techniques like lean manufacturing and Kanban help businesses achieve optimal business health. In addition to the Six Sigma concept is Lean Six Sigma. It uses a combination of Six Sigma and Lean Manufacturing tactics and is more of a team-focused, managerial approach.

Manufacturing Procurement 52

Manufacturing Procurement Six Sigma Optimal Sourcing Waste Reduction 52