The Logistics & Supply Chain Management Society

JULY 20, 2020

Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models. This boosts revenues and optimises inventory. This can be applied to inventory management, fleet and order tracking, ID badging. Boston: Springer), pp.413–422. Decision Making.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

GlobalTranz

AUGUST 17, 2015

When formulating a supplier relationship management strategy organizations must consider the following implications to be successful: Become the Customer of Choice. In May, 2014 Raytheon gathered a group of its largest suppliers in Boston, MA to discuss the launch of the company’s Supplier Advisory Council.

Sourcing Strategies 120

Sourcing Strategies Price Reduction Vendor Strategies Cost Reduction Strategies 120

synchrono

OCTOBER 30, 2017

reduced inventory waste and carrying costs and more) asking people to change the way they work is also real. There is a real cost of carrying inventory and eliminating this cost frees up accessible cash that can be reinvested into the company. I know it sounds simple. Even though the benefits to the business are real (e.g.,

Inventory Reduction 38

Inventory Reduction Waste Reduction Material Savings Cost Reduction Strategies 38

synchrono

DECEMBER 18, 2017

With eKanban implementations, this can be any number of problems including excess materials on hand, slow inventory turns, too much scrap and more. If you’re not using a manual Kanban system, map the current inventory replenishment process.) For example, they were literally logging 7 miles a year to track down inventory!

Inventory Reduction 104

Inventory Reduction Waste Reduction Expense Reduction Vendor Strategies 104

synchrono

FEBRUARY 19, 2018

Worse, because these suppliers were known to be late, purchasers (with the best intentions) would trick the system and override the Kanban quantity. Of course, they ended up with too much on hand inventory. Mr. Shore is co-author of “Proactive Supplier Management in the Medical Device Industry” (2016: Quality Press).

Manufacturing Procurement 51

Manufacturing Procurement Six Sigma Continuous Improvement Sourcing Strategies 51