Unleashed

OCTOBER 16, 2023

Six Sigma – Six Sigma is an inventory management technique that centres around reducing inventory defects and variations. Six Sigma takes a data-driven approach and uses statistical analysis to identify and eliminate unnecessary steps, thus improving efficiencies within your inventory management process.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

The Network Effect

JUNE 11, 2014

In part one I laid out the 5 stage maturity model that shows how organizations can turn their “big data” into “big visibility” The stages are 1) Representation; 2) Accessibility; 3) Intelligence; 4) Decision Management; 5) Outcome-Based Metrics and Performance.

Supply Chain Design Software 196

Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Design Prescriptive Analytics Software 196

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

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 133

Benchmarking Metrics Manufacturing Six Sigma 133

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

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. Six Sigma uses two methods to achieve this goal.

Inventory Management Software 52

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

Talking Logistics

FEBRUARY 4, 2016

Lean Six Sigma (LSS) thrives on the notion that there is always room for improvement, and it looks to eliminate defects that can hinder the flow of a process from moving toward its performance end goal. And the customers will feel that added value not only in metrics but also from a morale perspective.

Six Sigma 100

Six Sigma Optimal Sourcing Agile and Lean Supply Chain Vendor Strategies 100

Supply Chain Opz

SEPTEMBER 1, 2018

To compare both books to find the best book for beginners, we will use 6 performance criteria under 3 categories as below, - Book Performance: this is the same as an article-level metric. Sales Performance: two metrics are used to judge the sales performance of both books, namely, "Amazon Sales Rank" and "Best Seller Award."

Negotiating Skills 100

Negotiating Skills Purchasing Skills Buyer Training Six Sigma 100

Supply Chain Game Changer

NOVEMBER 9, 2018

And they had also merged Six Sigma with their Lean program. When I would ask the facilities for some summary of metrics showing progress the results were very inconsistent. Lack of Metrics and Reporting. If your organization has no standard set of metrics your Lean program has room to improve.

Agile and Lean Supply Chain 55

Agile and Lean Supply Chain Lean Six Sigma Optimal Sourcing 55

Talking Logistics

JULY 14, 2015

What key metrics should they be driving for as an organization? Implement a Continuous Improvement Methodology: To help support the pursuit of optimizing performance in both the short-term and long-term, the 3PL should employ a continuous improvement approach, such as Lean Six Sigma (LSS). What are their pain points?

Logistics Network Optimization Software 100

Logistics Network Optimization Software Six Sigma Waste Reduction Cost Reduction Strategies 100

AB&R

MARCH 4, 2022

Deploying mobile receiving carts in conjunction with Lean Six Sigma processes will substantially improve warehouse receiving metrics by reducing redundant procedures, optimizing inventory access, eliminating waste, and mobilizing your workforce. Conclusion.

Waste Reduction 52

Waste Reduction Inventory Reduction Warehousing Six Sigma 52

GlobalTranz

JANUARY 4, 2017

Customer metrics. Lean is DAILY continuous improvement, pull systems to reduce inventories (versus push that increases inventory), Lean Six Sigma to improve quality to.003 Quality: Does customer/shipper want Lean Six Sigma Quality or Accepted Quality Levels (AQL)? Key Performance Indicators in Warehouse Contracts.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

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

GlobalTranz

OCTOBER 21, 2015

All KPIS have metrics to measure. Continuous Improvement, Kaizen, Kaizen Blitz, Value Stream Mapping, Value Engineering and Six Sigma skills are necessary to have by both parties , IT system knowledge is imperative for data analysis , visibility to assets, like inventory, tracking shipments, communication, customization and integration.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

The Logistics of Logistics

OCTOBER 8, 2012

Do not sign a SLA or contract with accompanying KPIs, without a professional review (3PL Consultant) and Legal Review.Insure that you stress a Cancellation clause.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

SCMDOJO

JUNE 6, 2023

One such tool is the Logistics KPI Dashboard Excel Template, which provides data on key metrics and helps identify areas for improvement. 5 – Procurement KPI Dashboard Excel Template Effective supply chain management requires the use of various tools and metrics to monitor and improve performance.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 94

Enterra Insights

DECEMBER 12, 2019

… Real-time integration, applying Six Sigma to know process bottlenecks, and re-engineering systems to be more customer-focused improve this metrics’ performance. Cycle Time is a predictor of the future of manufacturing as this metric captures improvement made across systems and processes immediately.”

Analytics Software 100

Analytics Software Predictive Analytics Software Modeling Software Supply Chain Network Software 100

USC Consulting Group

JANUARY 30, 2019

These assemblies come from the well-known Six Sigma process improvement methodology, which emphasizes iterative, efficient operational advancement. For instance, group data analysis is almost always a key activity, as Six Sigma, the genesis of the Kaizen event, emphasizes metric-based decision making.

Six Sigma 53

Six Sigma Price Mitigation Strategies Groups Metrics 53

GlobalTranz

SEPTEMBER 28, 2016

2) Implement Continuous Improvement Projects ( Lean, Process Capability, Six Sigma ) with Key Strategic Suppliers to Drive Cost-Out and Supply Base Capability. . Every business has their set of metric which they want to focus on. How to Track Performance. 50% improvement) min.

Supply Chain Planning Software 120

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

Supply Chain Opz

JANUARY 5, 2015

6) Use Lean Six Sigma: to improve the operational efficiency and reduce time to market, they implement lean concept. These high-level metrics are monitored and controlled by a cross-functional team. For example, people in accounting department may not be familiar with the words used in sales team such as DOI, FGI, APLA?

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Gartner Supply Chain Planning Software Supply Chain Optimization 100

Talking Logistics

OCTOBER 18, 2016

3PLs are being asked by shippers to create better metrics to provide both added understanding and a deeper perspective as to what’s occurring inside their business both yesterday, in real time and tomorrow. Understanding and executing upon on-time delivery is a given nowadays.

Demand Planning Software 100

Demand Planning Software Supply Chain Planning Software 3PL Supply Chain Network Software 100

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? How do we analyze it efficiently? How do we use it to our advantage?

Prescriptive Analytics Software 105

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

SCMDOJO

AUGUST 4, 2023

But times are changing, the use of reduce inventory offers more quality and useful performance metrics. The usage of useful performance metrics offered by the use of reduce inventory actually reward behavior that tends to enhance your products final quality. Over time, having huge inventories were considered necessary.

Inventory Reduction 93

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 93

GlobalTranz

JUNE 11, 2015

The first post in this series broke down what is supplier quality management and the steps to evaluate suppliers and the second post gave you insight into the metrics to look out for by 6 major industries. The next step may be Six Sigma quality ( In order for a company to achieve Six Sigma, it cannot produce more than 3.4

Supply Chain Planning Software 120

Supply Chain Planning Software Quality Supply Chain Design Software Examples 120

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. The life cycle of the product is an important consideration as it moves along the supply chain.

Agile and Lean Supply Chain 40

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

Requis

NOVEMBER 18, 2020

Thanks to my background in finance and Six Sigma, I can start by asking what the baseline is, what is the agreed measurement of the baseline, and then we work towards improvement, and quantify again. And, no surprises here, I attach metrics so I can measure the baseline.

Optimal Sourcing 52

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

BlueYonder

SEPTEMBER 1, 2021

That’s my role now, but I also manage the tools and process team which includes supporting the customer portal, support of our internal tools, and Lean Six Sigma process expertise. From back office to customer journey, to communications to metrics, and strategy. What are the favorite parts of your role?

Six Sigma 52

Six Sigma Modeling Software North America Supply Chain Software 52

SCMDOJO

JULY 24, 2023

SLAs should cover key metrics such as on-time delivery, order accuracy, inventory accuracy, and customer service responsiveness. Establish key performance indicators (KPIs) aligned with your objectives and regularly review performance against these metrics. Conduct periodic performance reviews and address any issues or gaps identified.

Logistics Network Optimization Software 93

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 93

synchrono

APRIL 4, 2017

Demand-driven managers know that having too many metrics leads to conflicting measurements. We call these Metrics for Action. Metrics for Action. Metrics for Action are not intended for overall business analysis or for simply reporting. Alignment Between Metrics for Action and Continuous Improvement.

Metrics 68

Metrics Demand Planning Software Supply and Demand Manufacturing 68

Supply Chain View from the Field

OCTOBER 14, 2013

Riva emphasized that “We need to create metrics that we have intention to follow. And the metrics we care about deeply include zero waste on all our sites. We want a metric that leads to business value – and a leading indicator of business value.

Sustainability 60

Sustainability Waste Reduction Six Sigma Cost Reduction Strategies 60

SCMDOJO

JULY 3, 2023

Procurement KPI Dashboard Excel Template For all practicing procurement managers and professionals in the field, the Procurement KPI Dashboard offered here aims to enhance your understanding of Procurement metrics, their definition, and measurement.

Purchasing Training 83

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 83

SCMDOJO

JUNE 14, 2023

Here are some tasks that you should consider as part of your ongoing maintenance: Regular performance management and system monitoring: You should track performance metrics to ensure the system remains reliable. By performing ongoing maintenance, you can prevent any technical issues. Select the right 3PL provider.

3PL 82

3PL Supply Chain Design Software Prescriptive Analytics Software Inventory Management Software 82

Supply Chain Opz

JUNE 1, 2014

The secret behind its supply chain success is the use of Six Sigma approach. They studied how General Electric (GE), DuPont and Honeywell implemented six sigma. Intel ''s new product development is done by the process called Technology Roadmap.

Case Study 239

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

Kinaxis

DECEMBER 3, 2014

Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. Yet, these are similar instructions as what is passed down to the supply chain from executives focused on a specific supply chain metric. Why do companies focus on reducing a specific metric? CQI, TQM, Six-Sigma, Lean, etc.

Expense Reduction 250

Expense Reduction Procurement Analytics Cost Reduction Strategies Metrics 250

Logility

SEPTEMBER 24, 2013

Measure and understand the right metrics to keep you on the right path. Develop an Internal Consulting Team – Several top performing companies I have worked with have internal teams that help develop organizational capabilities by applying Lean and/or Six Sigma methodologies.

Eliminating Excel in Purchasing 100

Eliminating Excel in Purchasing Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 100

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. Implement performance metrics and monitor a selection of key performance indicator.

Supply Chain Planning Software 40

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

Unleashed

MARCH 30, 2022

What metrics can you use, and what system will supply the data reliably? To do so, we determine our standard deviation, and then use Six Sigma methodology to turn those into upper and lower limits. What is Six Sigma? In mathematical terms, Six Sigma quality means a process will produce only 3.4

Manufacturing Procurement 98

Manufacturing Procurement Six Sigma Inventory Management Software Manufacturing 98