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We conclude this two part series about manufacturing operations excellence by consultant Chuck Intrieri, by outlaying why manufacturers should focus on a critical component that will help sustain manufacturing operations excellence for years to come. What is Driving Sustainable Manufacturing Operations Excellence? Work centers?
We continue our series on understanding the 3PL KPIs (Key performance indicators) from 3PL consultant, Chuck Intrieri of The Lean Supply Chain as it relates to the engagement with a 3PL. 7 Strategic Performance Business Practices to Provide the Ability to Manage 3PL KPIs. There must be some of the 3PL KPIs for I.T.
First, understand the difference between 3PL and 4PL in logistics. 3PL and 4PL have been commonly used terms in the industry for a long time, but it is always a good idea to revise the difference between the two. 3PLs focus on various logistical areas and topographical locations. A 4PL often handles the 3PL. What is 4PL?
Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company. By doing so, businesses can concentrate on their core competencies while benefiting from the expertise and infrastructure of the 3PL provider.
Also, the Risk of fluctuations is present as whatever happens to such stocks can no longer be sold at its original purchase value. Although innovation is vital, accomplishing the basics excellently is often disregarded in a bid to enhance customer satisfaction. In order words, Excess and Obsolete Inventory Is killing your business !
While at LeanCor, a 3PL provider and educational organization, I was mentored by CEO Robert Martichenko. Now we’re developing some excellent online platforms. Yet panic buying created a shortage because supply chains of such items are not built to be agile and to react to an unprecedented spike in demand.
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