The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Feature Article by Dr. Raymon Krishnan – President at the Logistics and Supply Chain Management Society. Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources. This practice is illegal. Relocating production from China.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Talking Logistics

OCTOBER 30, 2017

Through new optimized reporting capabilities, shippers and logistics providers are able to better analyze the potential effect of a natural disaster on their transportation network. Mr. Moore is a Lean Six Sigma (LSS) Black Belt and has successfully led several joint LSS projects with Transplace customers.

Agile and Lean Supply Chain 207

Agile and Lean Supply Chain Supply Chain Software Predictive Analytics Supply Chain Optimization 207

Supply Chain Opz

APRIL 1, 2018

Are you looking for logistics management books? In this article, we will show you 5 books that'll help you learn logistics faster than any other logistics book. Do You Need a Logistics Book? In the United States, the median wage for a Logistics Manager is around $70,000 annually. The links below are paid links.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Material Savings Inventory Reduction 100

The Logistics & Supply Chain Management Society

JULY 16, 2023

These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access. The scarcity of skilled professionals in areas such as logistics, procurement, and data analytics can hinder the ability to effectively manage and optimize supply chains.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

Talking Logistics

NOVEMBER 6, 2018

Mass Balance Principles (source: GEODIS). Steps for an efficient Mass Balance are: Mass Balance Steps (source: GEODIS). From this chart you can quickly see the different characteristics of the product to help in decision making: Mass Balance Example: iPad (source: GEODIS). Check out techrecommerce.com for more details.

Electronics 101

Electronics Optimal Sourcing Six Sigma Material Savings 101

SCMDOJO

NOVEMBER 17, 2023

Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc. These include: Capacity Planning: Ensuring timely availability of resources, such as manufacturing capacity and distribution center capacity, to meet logistics and supply chain needs.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

Supply Chain Opz

JANUARY 29, 2020

Therefore, the challenge to establish the ranking method is to find a more economical data source and the unbiased metrics. Books We Recommend - Purchasing Book - Six Sigma Books - Operations Management Book - Inventory Control Book - Lean Books - International Business Book Last review and update: January 30, 2020

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 100

The Logistics & Supply Chain Management Society

JUNE 30, 2022

Thereafter I played an integral role in the integration of EGL and TNT Logistics to form Ceva. We then grew to become #2 globally in contract logistics and #4 overall in total supply chain. We managed the supply chain for China’s largest manufacturer with close to US$500m in logistics spend. People make the difference!

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Procurement Solutions Supply Chain Software 130

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

Diversify Supplier Base : Relying on a broader array of suppliers helps distribute risk and reduces dependency on a single source. Industries such as finance, healthcare, and logistics are witnessing a paradigm shift, with AI-powered algorithms and robots assuming roles that were once considered the exclusive purview of human expertise.

Asset Management 130

Asset Management Inventory Reduction Inventory Optimal Sourcing 130

Unleashed

OCTOBER 4, 2021

Since 2004 Samsung has also been using the Lean Six Sigma method, which is a management technique aiming at sustained improvement of manufacturing processes through statistical & financial analysis. The five key steps of Lean Six Sigma are define, measure, analyse, improve and control – usually referred to as DMAIC.

Inventory Reduction 97

Inventory Reduction Vendor Strategies Inventory Management Software Waste Reduction 97

Elementum

DECEMBER 14, 2023

Lean and Six Sigma AI automation aligns well with Lean and Six Sigma methodologies, where the focus is on reducing waste and improving quality. AI in HR and Recruitment AI has significantly transformed HR and recruitment by streamlining the process of sourcing candidates and automating routine tasks.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Logistics Viewpoints

APRIL 29, 2021

Ecommerce has thrust DCs into the limelight and elevated distribution as a source of potential competitive advantage, or disadvantage. Justin is a certified Lean Six Sigma Black Belt, and he holds an MBA from the Katz Graduate School of Business at the University of Pittsburgh. The Transformation Imperative.

Optimal Sourcing 150

Optimal Sourcing Optimization Software Supply Chain Design Software Supply Chain Planning Software 150

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. The backbone of Lean Six Sigma methodology, DMAIC ensures sustained, defect-free performance and highly competitive costs.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Source: [link]. Understand Lean Principles and How to Use them to Cut Out "Waste".

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Talking Logistics

DECEMBER 5, 2017

Most systems are flexible enough to merge data from external sources into the algorithm architecture. Dale McClung is Director of Design Solutions at CLX Logistics, LLC. The post Using Managed Analytics to Build a Next-Generation Supply Chain appeared first on Talking Logistics with Adrian Gonzalez. Performance Optimization.

Prescriptive Analytics Software 105

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

SCMDOJO

SEPTEMBER 18, 2023

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. Sourcing plays a crucial role in building strong supplier relationships and achieving cost-effectiveness in the supply chain.

Negotiating Skills 97

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 97

SCMDOJO

JUNE 21, 2023

It involves outsourcing the entire supply chain function to a third-party provider who manages everything from sourcing raw materials to delivering finished products to customers. According to a paper by Len Prokopets and Ramin Tabibzadeh from Archstone Consulting , initial sourcing transactions can yield a 5% savings.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89

SCMDOJO

APRIL 4, 2023

To accomplish this, supply chain analytics collects, analyzes, and synthesizes data from a wide variety of sources. This involves examining and enhancing processes like sourcing, manufacturing, logistics, inventory management, and delivery.

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

SCMDOJO

JULY 3, 2023

Choose between a broad overview of procurement and a focused course that focuses on certain topics like strategic sourcing, contract management, or supplier relationship management. Take into account things like your current skill level, desired improvement areas, and professional objectives. Procurement and Purchasing Cycle Lesson 7.

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

Supply Chain Game Changer

FEBRUARY 11, 2021

Often open-source coding software like R or Python are used to develop the AI power that these software models use. Like many sourcing decisions it is important to understand the benefits of AI, the Procurement case for it and the return on investment. What is the real power behind AI? About the Author. He holds an MBA and B.

Procurement 93

Procurement Modeling Software Analytics Software Supply Chain Network Software 93

SCMDOJO

JUNE 14, 2023

Thankfully, outsourcing logistics services to a reliable third-party logistics provider (3PL) can make a significant difference. As a result, businesses can optimize their logistics processes using Orchestration and save time and resources. Amazon outsources its logistics services to various 3PLs, such as UPS, FedEx, DHL, etc.

3PL 77

3PL Supply Chain Design Software Prescriptive Analytics Software Inventory Management Software 77

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

USC Consulting Group

JANUARY 4, 2022

They employ methodologies like Lean Six Sigma, SIOP, the Five Ms and other tactics to uncover what’s bedeviling your operation and create ways to solve those problems. Operations consultants will first look at your current operations model, systems and day-to-day processes of getting the job done.

Sourcing Strategies 40

Sourcing Strategies Manufacturing Procurement Six Sigma Optimal Sourcing 40

SCMDOJO

AUGUST 21, 2023

Impact on Supply Chain: The realm of Supply Chain has witnessed a profound impact courtesy of Professor Rodriguez, a distinguished Supply Chain Management instructor and seasoned logistics professional. > Watch Now: Top Supply Chain Job Search Boards > Watch Now: Industry Terms You Need to Know 4) Dr. . >

Negotiating Skills 97

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

Talking Logistics

JUNE 6, 2017

While the Greenfield optimization approach doesn’t consider aspects like building capacities, inbound costs, transportation, or sourcing policies, it does offer a smart recommendation for the optimal amount and placement of your distribution centers. Eric Robinson is a Senior Project Engineers at Kenco Group.

Supply Chain Design Software 170

Supply Chain Design Software Supply Chain Design Optimal Sourcing Supply Chain Optimization 170

USC Consulting Group

JANUARY 10, 2022

They employ methodologies like Lean Six Sigma, SIOP, the Four Ms and other tactics to uncover what’s bedeviling your operation and create ways to solve those problems. Operations consultants will first look at your current operations model, systems and day-to-day processes of getting the job done. Three common myths, debunked!

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Inventory Reduction 40

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. The secret behind its supply chain success is the use of Six Sigma approach.

Case Study 239

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

Requis

NOVEMBER 18, 2020

Dr. David Closs runs the program now, but when I was a student he was teaching logistics. In the end-to-end supply chain there’s procurement, logistics, operations, and warehousing. And even at that time he was doing something completely new: he was running simulations using software applications. I use finance to show the value.

Optimal Sourcing 52

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

Elementum

JUNE 22, 2022

Lean Manufacturing may be the best known of these broad “cost-only” process management philosophies, but other common methodologies like Just-in-Time, Kaizen, and Six Sigma similarly endorse a “ cut at any cost” mindset. Single Sourcing: A Dangerous Way To Save Let’s take an example like single-sourcing. Dual sourcing?

Manufacturing Procurement 78

Manufacturing Procurement Agile and Lean Supply Chain Lean Waste Reduction 78

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. For example, you don’t want to assume that a single logistics strategy and service approach will meet all your customers’ needs. Reverse logistics. Delivery service levels.

Inventory Reduction 88

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction Strategies 88

Supply Chain Network

JULY 10, 2011

Myers, 56, will lead the functional groups that make up the company’s integrated supply chain, including Procurement, Manufacturing, Engineering and Customer Service and Logistics. SOURCE Kraft Foods. He succeeds David Brearton, who is now Executive Vice President and Chief Financial Officer. make today delicious -.

Food 79

Food Agile and Lean Supply Chain Manufacturing Procurement Six Sigma 79

Supply Chain Game Changer

APRIL 9, 2019

Spearheading lean/six sigma programs on a large scale, both across sites and the supply chain function, helping build a continuous improvement mindset. Large scale remapping of sourcing strategies to enable global (multi-geography) sourcing for a multi-geography manufacturing footprint.

Agile and Lean Supply Chain 50

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy Supply Chain Design Software 50

Logistics Bureau

JANUARY 19, 2016

How to fix the problem: Some measures that your company can take to prevent supply chain cost blowouts as a result of inefficiency include: Implement a continuous improvement program, such as lean or Six Sigma. The expense of freight transportation can also be a source of supply chain blowouts. Freight Costs.

Supply Chain Planning Software 40

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

ThroughPut

MARCH 10, 2020

Sakai shared “I believe through software, we can now democratize Just-In-Time to be available at unprecedented scale to all Kaizen professionals and related areas such as Lean Manufacturing and Lean Six Sigma. SOURCE ThroughPut Inc. With Industry 4.0 More information about ThroughPut is available at www.throughput.ai.

Just-in-Time 40

Just-in-Time Supply Chain Design Software Agile and Lean Supply Chain Analytics Software 40

CH Robinson Transportfolio

MAY 5, 2015

The ongoing build-out of IoT will impact how businesses and consumers strategize and execute logistics. Understanding the temperature of a package throughout transit provides significant value to customers seeking six sigma quality logistical processes, like food distributors and drug manufacturers.

Internet of things 34

Internet of things Predictive Analytics Analytics Software Analytics 34

6 River Systems

JUNE 26, 2020

“They have multi-sourced key commodities or strategic components to reduce their reliance on any one supplier, and they had considered inventory strategy to buffer against supply chain disruption.” One great way to do this is by leveraging the services of an efficient logistics software development company.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 98

Talking Logistics

JULY 17, 2018

Below is a comparison of 2017 vs. 2018 parameters for oversize shipments: Source: enVista. Use the table shown below to help quantify the number of packages you have in each of the indicated categories: Source: enVista. Mark also has a Lean Six Sigma Green Belt certification. What Has Changed?

Pricing Training 121

Pricing Training Negotiating Skills Purchasing Training Optimal Sourcing 121