QAD

JULY 1, 2021

Maybe you could reduce shipping costs by making more bulk purchases or buying more locally. 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.

Manufacturing Procurement 89

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 89

GlobalTranz

MAY 6, 2015

Top management knows that lean can add value , but many still haven’t moved past the initial education stage into full-scale lean supply chain implementation. One reason may be that they haven’t made the paradigm shift as to how to implement lean. These metrics should be reviewed frequently to ensure supply chain success.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Lean 120

Logility

AUGUST 25, 2020

Failed SCM implementation causes shipping errors. WMS failure causes Adidas to under ship by 20%. Every company today runs on data – the key to using your data is choosing the right metrics for visibility into your supply chain. Lean organizations focus on eliminating waste in their supply chain at every stage.

Supply Chain Planning Software 173

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

Supply Chain Matters

JANUARY 19, 2024

The Supply Chain Matters blog provides our readers with a further update on the ongoing Red Sea shipping disruption including added context and implications. Background Just before the Christmas 2023 holiday, Supply Chain Matters alerted our readers to rather troubling signs for another global-wide shipping disruption. East Coast.

Shipping 52

Shipping Transportation Supply Chain Planning Software Scenario Planning 52

Material Handling & Logistics

OCTOBER 11, 2017

But it only takes a ship two weeks to travel from China to Australia [where I live], so what is happening for the other 10 weeks?” The time to ship the goods from your supplier on the other side of the world to you is usually only a fraction of the total lead time. For example, to ship goods from China to the U.S. I asked her.

Agile and Lean Supply Chain 83

Agile and Lean Supply Chain Lean Inventory Reduction Price Reduction 83

Logistics Viewpoints

SEPTEMBER 19, 2023

Management practices such as lean manufacturing and just-in-time inventory management, along with globalization, have made tremendous impact on cost and service, but have accentuated risk. Metrics such as lead-times, forecast accuracy, inventory levels, and service are used to measure operational risks.

Supply Chain Design Software 231

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 231

ToolsGroup

MARCH 18, 2019

Rather than cutting back, our customer Mohawk Industries decided to lean in. In order to meet today’s service expectations for fine paper products, Mohawk’s customer service-level metric was changed from “order lines shipped complete within five days” to “order lines complete and available at time of order”.

Supply Chain Planning Software 228

Supply Chain Planning Software Supply Chain Planning Scenario Planning Agile and Lean Supply Chain 228

The Lean Supply Chain

MARCH 22, 2015

Cost Reduction Options: Top Managementknows that lean can add value, but many still haven’t moved past the initial education stage into full-scale lean supply chain implementation. One reason may be that they haven’t made the paradigm shift as to how to implement lean. Lean Supply Chain Implementation Results.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Lean Waste Reduction Supply Chain Planning Software 40

Kinaxis

SEPTEMBER 6, 2016

by Dr. Madhav Durbha Supply chain risks in the spotlight: Effects of Hanjin Shipping filing bankruptcy protection. A few days ago, the world’s seventh largest container shipping company by volume, Hanjin Shipping, filed for bankruptcy protection. Any such event will cause congestion in the ports. In short, it is a mess!

Supply Chain Planning Software 100

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

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

Silvon Software

APRIL 29, 2022

Key performance indicators (KPIs) in inventory management are metrics that help you monitor and make decisions about your stock. The Stratum data hub collects, organizes and stores data from multiple sources and serves as a single version of the truth for helping our clients analyze performance KPIs and metrics across their businesses.

Optimal Sourcing 106

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 106

Unleashed

JULY 2, 2023

Days Inventory Outstanding (DIO) is a fundamental inventory metric for measuring efficiency and liquidity inside a product business. Days Inventory Outstanding (DIO) is a liquidity metric which measures the average number of days inventory is held in a business before it is sold. What is Days Inventory Outstanding?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 52

The Logistics & Supply Chain Management Society

APRIL 26, 2022

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. Greener Shopping and Shipping: The Rise of Carbon Neutral e-Commerce Delivery. MORE FROM THIS EDITION.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Unleashed

MAY 2, 2022

These are the 10 most crucial metrics for SMEs – so you can get started on reducing inefficiencies and cutting costs. Using inventory performance metrics can lead to: Happier customers – who get what they want, when they want it, at the price they’re willing to pay. There are a lot of inventory performance measures you could track.

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 98

Silvon Software

APRIL 8, 2022

To achieve this growth, successful manufacturers today are relying on key performance metrics and automating many aspects of their data management processes to gain valuable business insights that can be used to meet their organizations’ performance goals. The Basics of Manufacturing KPIs. 40 Manufacturing KPIs That Drive Results.

Optimal Sourcing 108

Optimal Sourcing Manufacturing Procurement Price Mitigation Strategies Supply Chain Optimization 108

GlobalTranz

DECEMBER 18, 2015

Lean Inventory: Using Lean Initiatives To Manage Inventory. More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain Optimization 120

SYSPRO Smarter ERP

NOVEMBER 3, 2021

can be measured to define this metric. Manufacturing Cycle Time : This metric is most accurately obtained using real-time monitoring with a Manufacturing Execution System (MES). They are used to measure how effectively the warehouse processes of receiving, replenishment, fulfilment and shipping perform. Outbound KPIs.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

ThroughPut

NOVEMBER 12, 2020

Lean warehousing. Usually this is done by applying the 5S system of lean, which are Sort, Straighten, Shine, Standardize, and Sustain, to the processes and procedures of the warehouse. Lean warehousing is a holistic concept aimed at tackling improvement opportunities across the supply value chain. Advance shipping notification.

Warehousing 52

Warehousing Expense Reduction Inventory Reduction Supply Chain Design Software 52

AB&R

MARCH 4, 2022

If not aligned with the changing needs of a growing business, picking, packing, and shipping can shrink its margins. In addition, mobile receiving carts enable organizations to create value with fewer resources, a lean manufacturing principle. Stock shortages, shipping delays, and unfulfilled orders can make customers unhappy.

Waste Reduction 52

Waste Reduction Inventory Reduction Warehousing Six Sigma 52

Unleashed

FEBRUARY 28, 2023

Here, we’ll talk about what receiving efficiency is, how to measure it using warehousing metrics, and cover a few different ways to optimise your inward goods process. Receiving efficiency is a useful warehousing metric that helps business owners determine whether their receiving process needs improvement. What is receiving efficiency?

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

SCMDOJO

MARCH 19, 2024

This includes implementing lean manufacturing principles and utilizing advanced planning software, so businesses can optimize production processes and minimize waste. Analyze performance metrics and implement improvements to enhance efficiency. Supply Chain Director Set strategic goals and objectives for the supply chain department.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Unleashed

OCTOBER 5, 2023

Warehouse staff assemble or gather the products, choose appropriate packaging materials, and label the packages with shipping information. Shipping Shipping is the final step in the order fulfilment process. They are responsible for planning, organising, and coordinating activities such as receiving, storing, and shipping goods.

Inventory Reduction 52

Inventory Reduction Waste Reduction Material Savings Resource Reduction 52

crisp

OCTOBER 20, 2022

In this guide, we’ll show you what metrics those are, easy ways to find them, and how you can use them to accelerate your brand’s retail growth. Now that you know how to access your retail data easily and often, here are the metrics you’ll want to keep on hand: Velocity. Retail data: A brand’s greatest asset. Chargebacks.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Data Waste Reduction 98

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. . All KPIS have metrics to measure. One of the goals of the SLA/KPI should be Continuous Improvement or Kaizen (LEAN initiative). What is a Service Level Agreement (SLA)?

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

SCMDOJO

DECEMBER 14, 2023

Studies say that 25% of customers won’t buy something unless it can be shipped in two days or less. In supply chain management, total lead time is a crucial metric encompassing the period from customer order to delivery, be it in B2B or B2C scenarios. Time is really important in business.

Inventory Reduction 75

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 75

GlobalTranz

DECEMBER 31, 2015

We have also featured on our blog over 90 guest bloggers featuring voices from experts in all of the five main categories who have talked about such subjects as the Skills Gap, Reshoring, Technology, Innovation, STEM, the Maker Movement, Lean Manufacturing and Supply Chain, the Internet of Things, and much much more. What is 5S?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Logistics Network Optimization Software Supply Chain Software Third Party Logistics 120

ShipBob

JANUARY 28, 2022

In this article, we break down what inventory KPIs entail, why they matter, and which metrics are most valuable for you to track. . Key performance indicators (KPIs) are the quantifiable metrics companies use to gauge their progress toward a specific goal. . Not sure what those metrics are? Stock availability.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Supply Chain Game Changer

AUGUST 16, 2022

Metrics included number and timeliness of inventory counts by day, the number and value of variances, timeliness of variance resolution, value of write-offs, etc. But according to Lean principles the fundamental goal is to eliminate waste. Additionally the team would be central to the annual inventory count. The Need for Change.

Inventory Reduction 124

Inventory Reduction Inventory Waste Reduction Resource Reduction 124

GlobalTranz

AUGUST 4, 2015

In order to optimize manufacturing operations, or really just about anything, you need to have at your fingertips the best and most accurate manufacturing metrics around. In today's post, we share 5 Golden Manufacturing Metrics that all manufacturing companies should understand to improve plant operations quality.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 120

GlobalTranz

AUGUST 31, 2018

Best Practices Are for Maximizing Warehouse Space Embracing Big Data analytics and supporting omnichannel fulfillment options—including ship-to-store and storefront-as-a-distribution-center—can help warehouse managers fully utilize available space. Since customers’ needs evolve on a continuing basis, warehouses must evolve in tandem.

Supply Chain Design Software 121

Supply Chain Design Software Warehousing Analytics Software Optimization Software 121

The Logistics of Logistics

OCTOBER 8, 2012

If you do not want to start at the 3PL as a contact customer with a SLA/KPIs, you can ship your goods and become a public account. This SLA/KPI has to be negotiated and agreed upon by you and your 3PL partner.This negotiation time can take three (3) to Six (6) months. Later, as you grow and gain experience, you can become a contract account.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

Unleashed

AUGUST 14, 2023

Seven of the best production process improvement methodologies your team can employ are: Six Sigma Kaizen Lean manufacturing PDCA cycle The 5 whys Business process management 5S process improvement We explore each of these in detail below. The packaging was not tested to ensure it was sufficient to protect the shipped goods.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Predictive Analytics Software Modeling Software 52

Unleashed

MARCH 21, 2022

Value Stream Mapping (VSM) is a simple yet powerful lean technique that manufacturing businesses use to visualise and improve each step in the delivery process of a product. What is a value stream in lean manufacturing? Is when an item is shipped, or when the customer receives it? What is the last step?

Waste Reduction 98

Waste Reduction Lean Inventory Reduction Resource Reduction 98

GlobalTranz

JULY 2, 2015

Lean and green are not only trendy topics, but they also make good business sense, especially for manufacturers. Get Lean the Easy Way. In reality, one of the core tenets of the Toyota Production System on which lean manufacturing is based is “produce only what you need to satisfy the customer and nothing more.”.

Manufacturing Procurement 120

Manufacturing Procurement Lean Waste Reduction Material Savings 120

GlobalTranz

JULY 2, 2015

Lean and green are not only trendy topics, but they also make good business sense, especially for manufacturers. Get Lean the Easy Way. In reality, one of the core tenets of the Toyota Production System on which lean manufacturing is based is “produce only what you need to satisfy the customer and nothing more.”.

Manufacturing Procurement 120

Manufacturing Procurement Lean Waste Reduction Material Savings 120

Locus

SEPTEMBER 19, 2023

According to Statista, 68% of online shoppers expect free shipping/delivery and 37% expect next-day delivery. 49% of global organizations lack confidence in tracking sustainability metrics to reduce emissions and fuel consumption. One key factor for this is consumer expectations continue to reach higher benchmarks.

Report 52

Report UAE Expense Reduction Negotiating Skills 52

Unleashed

MARCH 31, 2021

When we refer to the ‘supply chain’, we’re referring to the network of suppliers, manufacturers, producers, shipping companies and more who, when combined, produce, ship and sell products and services to end-users. A lean business looking to build efficiencies would do well to try and improve this metric.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69