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

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

Unleashed

MARCH 24, 2024

Many manufacturers use lean methods to cut costs and improve efficiencies in their business. But ‘lean’ is a very broad concept and the ways that manufacturers ‘go lean’ vary considerably. Here we look at the most common tools and techniques used to bring the advantages of lean into the modern manufacturing workplace.

Six Sigma 52

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

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

QAD

JUNE 9, 2022

In the first part of this three-part series, I discuss quality management tools for identifying a problem, the root cause and its impact. Next I’ll dive into the quality management tool selection process. The QA Manager’s Tool Bag. Here’s a look at a few of the best tools. Choose, then forget about the others.

Analytics Software 89

Analytics Software Demand Planning Software Quality Tools 89

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?

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Supply Chain Opz

APRIL 1, 2015

Are you looking for lean books that help you create sustainable change? In this article, we will show you 10 best lean books every lean enterprise should read. Then, we believe this book is the most appropriate resource that everyone can lean more about the overall lean concept. Womack, Daniel T.

Lean 100

Lean Manufacturing Procurement Resource Reduction Massachusetts 100

Supply Chain Opz

APRIL 15, 2015

Are you looking for lean books that help you create sustainable change? In this article, we will show you 10 best lean books every lean enterprise should read. Since lean concept is practice oriented, it has been adopted very well by both practitioners and academics. Womack, Daniel T. Jones and Daniel Roos.

Lean 100

Lean Manufacturing Procurement Massachusetts Sourcing Strategies 100

Unleashed

JANUARY 14, 2024

It can be undertaken manually or with manufacturing inventory management software tools that automate and streamline your operations. Raw materials Raw materials inventory is the basic inputs used to produce finished goods and one of the biggest sources of inventory waste in manufacturing.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Unleashed

NOVEMBER 15, 2021

The financial services sector is also taking mass customisation in its stride, with automated tools enabling the delivery of highly tailored products in spaces like lending and investment. Then back-end systems pair tailored financial products and services to the customer based on those metrics. PolarFleece is one example.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Forecasting Software 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.”. Error Proofing.

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.”. Error Proofing.

Manufacturing Procurement 120

Manufacturing Procurement Lean Waste Reduction Material Savings 120

Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. Utilize workflow automation tools to automate the RFP process and iterate over shortlisted candidates to refine your negotiations.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

Supply Chain Collaborator

OCTOBER 17, 2017

The “thin-client” tendering tools and other basic TMS-style functionality offered by 3PLs – either via simplistic tendering and tracking solutions built by 3PLs or the stripped-down versions of TMS tools licensed to 3PLs by some commercial TMS providers – are not up to the challenges facing shippers in today’s competitive business environment.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Software Modeling Software Logistics Network Optimization Software 60

Supply Chain Shaman

JANUARY 28, 2015

We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC). What suppliers need help with cost (LEAN, labor, freight,…)? We are targeting much improved end-to-end planning in response to multiple demand sources.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

USC Consulting Group

APRIL 9, 2021

By collecting, sorting, and analyzing large amounts of data from various sources all at once, data mining helps companies discover valuable patterns and trends in their business operations. What is Data Mining? Data mining is the process of turning raw data points into useful and actionable information.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 52

Talking Logistics

DECEMBER 5, 2017

The advent of transportation management systems (TMS) in the 1990s introduced near-infinite metrics and data points into the supply chain yet brought with it more questions than answers: How do we centralize the data? Most systems are flexible enough to merge data from external sources into the algorithm architecture.

Prescriptive Analytics Software 105

Prescriptive Analytics Software Analytics Software Supply Chain Design Software Predictive Analytics 105

Unleashed

AUGUST 20, 2023

Lead time is a vital business metric that directly impacts customer satisfaction, workflow efficiency, and delivery time accuracy. It’s a valuable metric for identifying bottlenecks, improving efficiency, and optimising specific operational steps. Accurate planning can prevent last-minute rushes and delays.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

DELMIA Quintiq

JUNE 22, 2021

In this final blog on agility and why you should consider becoming an agilist to survive the new completion (of the continuous mention) of the application of enterprise decision management systems (EDMS) from Taylor and Raden cited in the first blog, I turn to the metric of agility and a new ROI metric of decision yield. The Takeaway.

Metrics 156

Metrics Supply Chain Planning Software Agile and Lean Supply Chain Optimization Software 156

Supply Chain Opz

JUNE 1, 2014

There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. However, the overall implementation of strategic sourcing is a bit different between the two companies. Moreover, products can be shipped to stores in-time then lost sales is minimal.

Case Study 239

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

synchrono

FEBRUARY 27, 2017

Despite promises of ERP panaceas, none has an ideal solution for supply chain collaboration, supplier visibility, or the ability to access and aggregate voluminous amounts of real-time data from multiple sources. ERP systems are great for their intended purpose of managing and processing structured transactions.

Supply Chain Visibility 40

Supply Chain Visibility Real-time Visibility Supply Chain Planning Software Supply Chain Software 40

Kinaxis

SEPTEMBER 28, 2015

Big business are jumping on the bandwagon too – utilizing collaborative distribution, reverse logistics and cooperative sourcing to lower costs, improve efficiency and better optimize their supply chain. And that means an easier way to ensure end-to-end supply chain health and performance.

Supply Chain Software 100

Supply Chain Software Supply Chain Planning Software Analytics Software Logistics Network Optimization Software 100

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

Silvon Software

APRIL 18, 2024

Here’s a quick glimpse at how: Automated Data Integration : AI can automate the integration of data from multiple sources, recognizing and aligning similar data fields automatically. This ensures that operations are lean and responsive to market demands.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

Unleashed

APRIL 3, 2024

The contribution margin ratio is a financial metric used to assess a company’s profitability. Contribution margin vs gross margin Contribution margin and gross margin are both important profitability metrics, but they differ in what they reflect about your business’s financial health. What is the contribution margin?

Expense Reduction 52

Expense Reduction Price Reduction Waste Reduction Resource Reduction 52

Proxima

JUNE 22, 2021

Our 2021 Finance Leader’s Outlook report showed a growing awareness of procurement as a tool to drive much more than just recovery, with 38% of US finance leaders saying procurement should be measured on business resilience, while 40% of UK finance leaders said innovation should be the key metric. Digital transformation.

Optimal Sourcing 52

Optimal Sourcing Procurement Sourcing Strategies Cost Reduction Strategies 52

Supply Chain Shaman

FEBRUARY 25, 2016

High-velocity or streaming data requires different architectures built on non-relational, cloud-based architectures using open source tools like Apache Spark. There is a belief that the efficient response—the tightly integrated lean supply chain—defines supply chain excellence. source Moody’s). Challenging the Status Quo.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Taulia

JUNE 26, 2023

Stages of the supply chain A supply chain represents the flow of goods, materials, and services that underpin business operations, from sourcing raw materials to delivering finished goods. During this step, you first need to decide on supply chain objectives and specify the metrics that will be used to monitor progress toward them.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Manufacturing Procurement 52

Unleashed

OCTOBER 5, 2023

Warehouse management systems A warehouse management system (WMS) is a software tool designed to improve the efficiency with which a warehouse is operated. Warehouse management software Warehouse management software is a critical tool for streamlining warehouse operations.

Inventory Reduction 52

Inventory Reduction Waste Reduction Material Savings Resource Reduction 52

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. This is a great metric to track as it tells you your break-even point.

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 98

Supply Chain Shaman

JUNE 26, 2016

The winners drive improvement while posting financial results in the Supply Chain Metrics That Matter ahead of the peer group. A Supply Chain Leader will make progress on both of these key metrics with a very tight and controlled pattern. While sourcing roles are more aggregated, channel support is usually regional.

Supply Chain Design Software 199

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design 199

Supply Chain Shaman

NOVEMBER 28, 2016

The company leverages globally sourcing strategies to buy products at a lower cost and then deploys some unique process logic to drive mass customization for retailers. Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. (As Performance on the Supply Chain Metrics That Matter.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 195

Ware2Go

NOVEMBER 2, 2021

With Amazon Attribution, brand-registered sellers can monitor conversion metrics like click-through rates, cart creations, and sales as well as the percentage of traffic and sales coming to their product from a non-Amazon source. The Brand Registry will give you advanced tools to track and monitor your trademark.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Sourcing Strategies Price Mitigation Strategies 52

The Lean Supply Chain

JULY 7, 2015

RTLS also enables management to monitor yard operations’ key performance indicators (KPIs) based on quantifiable productivity metrics measured by the actions of the yard trucks. While yard tractors carry out their regular duties, attached GPS-enabled RFID readers recognize trailers by the tags, and report the location data in real time.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Modeling Software Demand Planning Software 40

Unleashed

AUGUST 28, 2023

The cost of sales is an inventory accounting metric that measures the accumulated costs in getting finished goods to market. The cost of sales metric is most commonly used in the retail and eCommerce industries, whereas manufacturing businesses typically calculate profitability using the cost of goods sold formula instead.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Cost Reduction Strategies Examples 52

6 River Systems

JUNE 29, 2020

When Toyota pioneered lean production in Japan back in the 1970s, its suppliers facilitated this by being colocated nearby. Yet many companies, lulled by efficient and relatively inexpensive logistics and transport, have been applying lean and just-in-time production methods that span global networks.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

synchrono

APRIL 16, 2018

The purpose of a Gemba Walk is not to confront employees about their performance, but to learn from them, and there are plenty of sources for information on the best way to conduct an effective walk. The Synchrono Demand-Driven Manufacturing Platform has a number of tools that increase visibility to the shop floor.

Manufacturing Procurement 53

Manufacturing Procurement Demand Planning Software Waste Reduction Aerospace 53