GlobalTranz

JANUARY 4, 2017

Customer metrics. Cost or Cost Savings: Re-engineering/continuous improvement: Implement Lean initiatives to eliminate all wastes, improve processes, increase throughput, and bring much more value to the customer beyond their expectations: Lean consists of a culture/behavior change. Lean IS their DAILY work.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

Supply Chain Game Changer

AUGUST 30, 2021

Inventory Management Beyond the Mystery (Ebook). It is about a research study undertaken by MIT students over a period of five years on the concept of lean production in the automobile industry, using Toyota as an example. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Fear Index.

Agile and Lean Supply Chain 92

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain 92

Unleashed

AUGUST 14, 2023

Different disciplines are required to facilitate efficient production management processes including scheduling, planning, process improvement, production inventory management, and quality control. Maintain par levels of raw materials and inventory stock used to produce your goods. Improve visibility across manufacturing dashboards.

Inventory Management Software 52

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

ToolsGroup

SEPTEMBER 20, 2022

Using this data, advanced predictive models can estimate when failures are likely to occur and recommend appropriate timelines to perform corrective measures, allowing manufacturers to organize their production schedules based on predicted equipment availability metrics. Optimize spare part inventories.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

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

MARCH 31, 2021

You’ll see that the KPIs in both supply chain management and logistics are very similar, in that they often track the movement or storage of inventory. A lean business looking to build efficiencies would do well to try and improve this metric. Inventory days of supply. Examining KPIs: Supply chain vs. logistics.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

Unleashed

OCTOBER 31, 2023

Examples of workforce optimisation in manufacturing Workforce optimisation is especially potent in the manufacturing industry, where lean activities and waste reduction are frequently being sought out. You can optimise your workforce by applying inventory optimisation techniques to workforce management.

Waste Reduction 52

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction Strategies 52

GlobalTranz

OCTOBER 27, 2015

Let's talk about the outputs, or desired metrics worth measuring, in each category of what a logistics company might provide. Implementing and sustaining LEAN initiatives : 5S, Kaizen, Kanban and LEAN Six Sigma to bring value to the customer and go beyond their expectations. Are your IT systems state-of-the-art?

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

OptiProERP

AUGUST 19, 2022

Throughput is an essential KPI , and a lean metric, as it evaluates performance. If manufacturers don’t meet throughput goals, it can negatively affect production planning, inventory, and the supply chain. Workflow maps also support written documentation and Standard Operating Procedures (SOPs). Remove Bottlenecks.

Manufacturing 52

Manufacturing Resource Reduction Waste Reduction Expense Reduction 52

Kinaxis

SEPTEMBER 6, 2016

There is a constant push to free up working capital by leaning down on the inventories. With manufacturers, distributors, and retailers alike are scrambling to get their inventories off of Hanjin ships; now is as good a time as any to take stock of where your organization stands with regards to supply chain risk management.

Supply Chain Planning Software 100

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Shipping 100

GlobalTranz

JUNE 18, 2015

Companies that integrate reverse logistics systems into their logistics systems distinguish themselves from competitors in: effective management of inventory availability and cost. meaningful and accurate performance metrics. reverse logistic cycle time control. responsiveness to fluctuating market demands. customer satisfaction.

Reverse Logistics 120

Reverse Logistics Optimization Software Demand Planning Software Supply Chain Network Software 120

Supply Chain Shaman

AUGUST 11, 2014

We have found that supply chain metrics are gnarly and complicated.During We believe that a supply chain leader is defined by both the level of performance on the Effective Frontier (balance of growth, Return on Invested Capital, Profitability and Inventory Turns) and driving supply chain improvement.

Case Study 286

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 286

6 River Systems

OCTOBER 14, 2022

Without it, your inventory stays on the shelf, and your customers look elsewhere to get what they need. Inventory management techniques. It involves: Inventory management. This capacity isn’t just about customer service, either — it’s about inventory management. Inventory management techniques. Warehousing.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 52

synchrono

DECEMBER 18, 2017

Through this guest blog series, my intent is to share some of my experiences implementing supplier quality and Lean manufacturing initiatives by focusing on eKanban systems. My first post offered advice for planning an eKanban rollout (advice that could be applied across any Lean manufacturing project). A win-win for all.

Inventory Reduction 104

Inventory Reduction Waste Reduction Expense Reduction Vendor Strategies 104

GlobalTranz

JUNE 1, 2015

Lean systems have provided a formidable operating strategy for leaders determined to achieve and maintain optimal operational systems and customer satisfaction levels. There are multiple good models for lean manufacturing operations. Who Needs Lean Manufacturing? Holding areas are maintained for excess inventory.

Manufacturing Procurement 120

Manufacturing Procurement Waste Reduction Agile and Lean Supply Chain Inventory Reduction 120

GlobalTranz

AUGUST 9, 2016

Lean is a new way of doing business. For shippers, culture and behavior have to change to apply Lean Transportation thinking. Lean thinking focuses on the elimination of all waste (where waste is defined as any non-value added process) and bringing value to the customer , beyond the customer’s expectations.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Cost Reduction Strategies Lean 120

Unleashed

FEBRUARY 28, 2023

Here, we’ll talk about what receiving efficiency is, how to measure it using warehousing metrics, and cover a few different ways to optimise your inward goods process. Receiving efficiency is a useful warehousing metric that helps business owners determine whether their receiving process needs improvement. What is receiving efficiency?

Inventory Management Software 52

Inventory Management Software How To Inventory Reduction Warehousing 52

Material Handling & Logistics

OCTOBER 11, 2017

The longer the lead time is, the more inventory you will need to hold and the greater the risk that you will have shortages of the things you really need. To create a lean supply chain with the minimum lead time you need to apply lean thinking. I am paying half the price so I am prepared to wait.”.

Agile and Lean Supply Chain 83

Agile and Lean Supply Chain Lean Inventory Reduction Price Reduction 83

Unleashed

OCTOBER 5, 2023

Warehouse management encompasses a range of tasks, including: Inventory tracking Order fulfilment Organising storage spaces Optimising layouts Managing personnel Efficient and organised warehouse management plays a crucial role in supply chain management by contributing to timely deliveries and overall customer satisfaction.

Inventory Reduction 52

Inventory Reduction Waste Reduction Material Savings Resource Reduction 52

Unleashed

MARCH 21, 2022

Value Stream Mapping (VSM) is a simple yet powerful lean technique that manufacturing businesses use to visualise and improve each step in the delivery process of a product. What is a value stream in lean manufacturing? Once you have created a current state map this should identify waste, inefficiencies, and any excess inventory.

Waste Reduction 98

Waste Reduction Lean Inventory Reduction Resource Reduction 98

The Lean Supply Chain

AUGUST 5, 2015

It can take months to negotiate a complex SLA/KPI document, as you go back and forth with your logistics provider so the document becomes a “win-win” for both parties. Both parties will know how the partnership is moving along based on hitting the targets in this SLA/KPI document. Not everything is costs or price discussions.

Negotiating Skills 40

Negotiating Skills Logistics Network Optimization Software KPI Six Sigma 40

SCMDOJO

MARCH 7, 2023

It’s a mechanism used to eliminate waste in lean manufacturing principles. In addition, categorising waste into types like Transportation, Overproduction, Overprocessing, Inventory, Motion, and Waiting Time can be helpful for lean practitioners. Documentation of the future state is the first step towards implementation.

Supply Chain Software 88

Supply Chain Software Waste Reduction Agile and Lean Supply Chain Supply Chain Optimization 88

Talking Logistics

OCTOBER 17, 2016

Mariotti states that you first have to measure it, and he outlines several metrics and techniques in the book, including ranking customers by annual sales, profit, and gross margin percentage. Inventory : Having raw materials, work-in-progress (WIP) or finished goods that are not having value added to them.

Waste Reduction 100

Waste Reduction Agile and Lean Supply Chain Six Sigma Supply Chain Optimization 100

ThroughPut

MARCH 11, 2024

This is done to meet the strategic objectives of enabling product innovation, operations cost reduction, regulatory compliance, inventory management and quality maintenance. This is possible through lean manufacturing principles and operational quality compliance. This reduces the time taken to complete the total production cycle loop.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Handbook 52

ShipBob

NOVEMBER 15, 2021

The goal of logistics planning is to build a lean and cost-effective logistics operation that can achieve service levels at all times and withstand supply chain disruptions. Luckily, ShipBob had the fulfillment center space to store that inventory, and the capacity to start shipping orders in just 3 days. Meet customer demand quicker.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Negotiating Skills 98

Logistics Bureau

JULY 18, 2022

As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy. Inventory levels. Inventory optimization software. How will you track inventory as it moves through your supply chain? Lean supply chain practices.

Inventory Reduction 88

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction Strategies 88

Kinaxis

APRIL 10, 2019

It also looks at the inventory file that your planned order is coming in, purchase orders and shop orders that you’ve already got scheduled. I use the classic LEAN technique of basically going through and looking at your processes and doing value stream mapping. So I try and incorporate people into this.

Supply Chain Planning Software 149

Supply Chain Planning Software Supply Chain Planning Forecasting Software Modeling Software 149

6 River Systems

JUNE 25, 2019

” — Elizabeth Scolari, Lean Warehouse Management: Challenges & Strategies , Handshake; Twitter: @handshake 11. To measure the warehouse productivity, the management must apply standard measurements that can be used for operations that occur in the warehouse, for example, perform physical inventory or place goods in the picking area.

Sourcing Strategies 56

Sourcing Strategies Optimal Sourcing Warehousing Supply Chain Design Software 56

6 River Systems

JUNE 29, 2020

Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns. When Toyota pioneered lean production in Japan back in the 1970s, its suppliers facilitated this by being colocated nearby. ” — Michael Varney and Wil G.

Supply Chain Planning Software 116

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

Logistics Bureau

MARCH 14, 2018

1: Holding Excess Inventory. Despite years of knowledge dissemination in the warehousing field, encouraging lean practice and inventory reduction, storing too much inventory is still one of the most common warehousing mistakes made by supply chain organizations worldwide. 2: Failing to Optimize Picking Paths.

Warehousing 77

Warehousing Inventory Reduction Cost Reduction Strategies Expense Reduction 77

GlobalTranz

JUNE 2, 2016

If you don’t measure this partnership, you will never know how both parties are doing as to meeting the agreed upon metrics, including cost reduction efforts and continuous improvement. This living document should be reviewed monthly, at first, then perhaps quarterly. What are your thoughts?

3PL 120

3PL Manufacturing Procurement Optimal Sourcing Resource Reduction 120

ThroughPut

APRIL 21, 2020

This is done to meet the strategic objectives of enabling product innovation, operations cost reduction, regulatory compliance, inventory management, and quality maintenance. This is possible through lean manufacturing principles and operational quality compliance. Compliance with documentation. Reduction of wastage.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Waste Reduction Optimal Sourcing 52

ThroughPut

APRIL 21, 2020

This is done to meet the strategic objectives of enabling product innovation, operations cost reduction, regulatory compliance, inventory management, and quality maintenance. This is possible through lean manufacturing principles and operational quality compliance. Compliance with documentation. Reduction of wastage.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Waste Reduction Optimal Sourcing 52

ThroughPut

APRIL 21, 2020

This is done to meet the strategic objectives of enabling product innovation, operations cost reduction, regulatory compliance, inventory management, and quality maintenance. This is possible through lean manufacturing principles and operational quality compliance. Compliance with documentation. Reduction of wastage.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Waste Reduction Material Savings 52

6 River Systems

DECEMBER 5, 2019

The modern warehouse is complex, and management must balance a number of factors including software, automation, training and processes such as receiving, picking and inventory management. If half of the orders you get come from 10% of the products you have in the inventory, put these items nearest the entrance of the picking area.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Resource Reduction 52

Supply Chain Game Changer

JANUARY 29, 2020

million metric tons annually. That represents a huge cost to the supply chain where each party tries to run lean, just-in-time inventory. That imposes other delays downstream in the process, affecting overall inventory and increasing costs unnecessarily. Surcharges passed on to shippers. How can you prepare?

Cost Reduction Strategies 67

Cost Reduction Strategies Virgin Islands Price Reduction Inventory Reduction 67

6 River Systems

JULY 25, 2019

All of the above (and other down-stream KPIs and processes) are heavily influenced by the accuracy of a demand forecast: if the demand forecast is much more accurate, a company is more likely to have the right product, in the right quantities in inventory and will have less of the products in inventory that is not required.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96