RFgen

FEBRUARY 25, 2025

Managing inventory effectively is a constant challenge for businesses. Misunderstandings about the dynamics of inventory fluctuations, like the bullwhip effect, can exacerbate these challenges. Misunderstandings about the dynamics of inventory fluctuations, like the bullwhip effect, can exacerbate these challenges.

Inventory Reduction 52

Inventory Reduction Price Reduction Material Savings Cost Reduction Strategies 52

GlobalTranz

APRIL 20, 2021

By contrast, supply chains that are too lean may not have enough flexibility and redundancy to survive unscathed. To build supply chain resiliency, leaders should consider these factors: Buffer inventory and shift away from JIT.? The coronavirus disruptions highlighted the stressed nature of lean and just-in-time inventories.

Supply Chain Planning Software 383

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design Software Sourcing Strategies 383

ToolsGroup

DECEMBER 16, 2021

What is Lean Retail? In his book, Lean Retail & Wholesale , professor and author Paul Myerson defines the shift towards lean retail as “a dramatic change in the way products are ordered and distributed that is far more data-centric and focused on understanding and meeting customer demand.” Why is lean retail so important?

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

Unleashed

MARCH 2, 2022

Here we give you eight real-world examples of how businesses use Kanban, a popular lean tool that’s helped companies in a huge range of sectors improve efficiency – especially those in the manufacturing industry. Kanban came from the same place as the wider principles of lean manufacturing: Toyota.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 98

Supply Chain Shaman

JUNE 30, 2023

As a result, demand planning is largely manual, inventory management is a series of manual inputs, and production planning is via spreadsheet. Anne is a lean disciple and sees all inventory as Muda. She lacks the appreciation for the need for inventory as a buffer. Analyze Root Cause for Order Reliability.

Supply Chain Planning Software 387

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 387

GlobalTranz

FEBRUARY 17, 2016

Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. A Focus on Inventory Control Begets Warehouse Cost Reductions. A Focus on Inventory Control Begets Warehouse Cost Reductions. First, look at inventory as MONEY/CASH. Understand Data Integrity to Reduce Inventory Costs.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Silvon Software

APRIL 16, 2025

Inventory is the lifeblood of any manufacturing business. By leveraging analytics and key performance indicators (KPIs), manufacturers can optimize inventory, reduce waste, and boost profitability. Tracking inventory flow and performance across your supply chain is a must. Thats where data-driven decision-making comes in!

Optimal Sourcing 65

Optimal Sourcing Inventory Reduction Supply Chain Optimization Price Mitigation Strategies 65

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 Lean Cost Reduction Strategies 120

Supply Chain Game Changer

SEPTEMBER 30, 2021

Lean manufacturing article and permission to publish here provided by Zaklina at Click Intelligence. From the outset, it may not seem relevant to someone who has never applied lean manufacturing processes to their manufacturing methods. A Basic Introduction to Lean Manufacturing. Supreme Inventory Management.

Agile and Lean Supply Chain 111

Agile and Lean Supply Chain Lean Supply Chain Planning Software Inventory Reduction 111

Logistics Viewpoints

APRIL 2, 2025

For example, Maersk uses a digital twin a virtual replica of its terminals to simulate different scenarios and make data-driven decisions that improve efficiency and reduce risk. By improving forecast accuracy, Cisco has been able to reduce excess inventory while maintaining high service levels.

Modeling 165

Modeling Modeling Software Supply Chain Planning Software Supply Chain Design Software 165

RFgen

DECEMBER 4, 2024

In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times. An efficient procurement process optimizes vendor selection and purchasing decisions to maintain cost-effective inventory levels. Let’s break down these key components: Procurement: This is where it all begins.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

SYSPRO Smarter ERP

JULY 19, 2022

Since its beginnings as the Toyota production system, lean manufacturing has impacted the way industries produce goods and when implemented correctly it will deliver desirable benefits like improved quality, lead times and productivity. What is lean manufacturing? ERP in lean manufacturing.

Manufacturing Procurement 105

Manufacturing Procurement Agile and Lean Supply Chain Lean Waste Reduction 105

Kinaxis

DECEMBER 3, 2014

Reason #6 Not effectively managing inventory. One example that I’ve seen several times is around inventory targets. The typical example is as follows; A company uses complex software to model the supply chain considering a desired customer service level, lead time data, and statistical analysis of supply and demand variability.

Expense Reduction 247

Expense Reduction Procurement Analytics Cost Reduction Strategies Metrics 247

Kinaxis

DECEMBER 18, 2014

For example, what if Johnny is good this year? #2 10 No inventory issues. The perfect Lean, JIT system ever. Here is the ‘Top 10 Reasons Why Santa Has the Best Supply Chain. #1 1 No ERP system, just a list. Now, he does do some risk assessment… using patented approved simulation. 2 Air freight without the fuel costs.

Agile and Lean Supply Chain 274

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Planning Supply Chain 274

Logistics Viewpoints

AUGUST 29, 2024

Solutions to these types of problems are incredibly complex and must lean on a variety of modern technologies and know-how for help. As a result, inventory is kept lean, and warehouse space is utilized more efficiently. Finally, the efficient use of vertical space is often an underutilized opportunity in warehouse management.

Waste Reduction 293

Waste Reduction Optimal Sourcing Sourcing Strategies Resource Reduction 293

Logistics Viewpoints

SEPTEMBER 19, 2023

Management practices such as lean manufacturing and just-in-time inventory management, along with globalization, have made tremendous impact on cost and service, but have accentuated risk. The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream.

Supply Chain Design Software 293

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 293

GlobalTranz

MAY 6, 2015

Top management knows that lean can add value , but many still haven’t moved past the initial education stage into full-scale lean supply chain implementation. One reason may be that they haven’t made the paradigm shift as to how to implement lean. o Space—holding places for unnecessary inventory. Reduce Lead Time.

Agile and Lean Supply Chain 120

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

Supply Chain Opz

NOVEMBER 9, 2014

That said, implementing Lean concepts would undoubtedly be part of that strategy, for example, - Lean Warehousing : Many firms (both retailers and manufacturers) are now aggressively rolling out Lean in their warehouse operations. These are three examples: Rule 3.1:

Waste Reduction 274

Waste Reduction Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction 274

GlobalTranz

MARCH 23, 2016

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. Your company has started the lean journey, but how do you sustain it? How can we Continuously Improve Daily and Sustain a Lean Culture and Behavior? Why are we doing this?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

SCMDOJO

OCTOBER 30, 2024

For instance, a student struggling with inventory management concepts can receive supplementary materials, interactive simulations, and one-on-one tutoring sessions tailored to their needs. Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects.

Supply Chain Planning Software 97

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 97

Logistics Viewpoints

OCTOBER 6, 2021

The economy is picking up after the severe contraction in labor, productivity, and inventory that occurred during the height of the pandemic. Inventory, Efficiency, and the Extended Supply Chain. Supply chains have become incredibly lean over the last couple decades. So it stretches back up the supply chain.

Supply Chain Disruption 274

Supply Chain Disruption Agile and Lean Supply Chain Supply and Demand Supply Chain 274

Unleashed

APRIL 6, 2022

Lean manufacturing involves 13 core principles – many more than the ‘five principles’ that are often associated with this popular manufacturing system. The lean concept originally came from manufacturing, but it has gained in popularity and is now used widely across different industries and sectors.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Inventory Management Software 98

Unleashed

JANUARY 31, 2023

Lean logistics is a strategy designed to optimise supply chain efficiency by cutting out waste and maximising customer value. In this guide to lean logistics: What is lean logistics? This approach to supply chain management is a child of Lean Thinking – a business methodology that originated in Japan in the late 1980s.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 98

My Office Apps

JANUARY 27, 2025

What is Inventory? A Comprehensive Guide to Types and Uses Inventory is a critical component of any business that deals with goods, as it forms the backbone of a company’s ability to operate efficiently and profitably. What is Inventory? Examples: A car chassis on an assembly line or dough being prepared in a bakery.

Inventory Reduction 52

Inventory Reduction Material Savings Optimal Sourcing Inventory 52

RFgen

MAY 28, 2025

In this guide we walk through the essential steps to design a layout, implement labeling and slotting strategies, manage inventory with lean principles, and adopt technology solutions that keep operations agile. Balance lean inventory with resilience to supply chain disruptions.

Inventory Reduction 89

Inventory Reduction Warehousing Supply Chain Design Software Inventory Management Software 89

RFgen

DECEMBER 19, 2024

By maximizing space utilization, improving inventory control , and boosting workflow efficiency, you can unlock significant cost savings and elevate your customer service game. Essential technology solutions, including Warehouse Management Systems (WMS), Inventory Management Systems (IMS), and the transformative power of IoT and automation.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 97

Clear Spider

OCTOBER 21, 2024

Now’s the time for businesses to look back at the strain that rising inflation put on their supply chains and inventory management. In this blog, we’ll explain the impact of rising inflation rates on inventory and supply chain management. Under these conditions, effective inventory management is no longer just beneficial.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Purchasing Skills 52

Supply Chain Shaman

JUNE 26, 2016

Inventory Turns. Better performance in inventory turns than the peer group average for the period of 2006-2015. For example, P&G is often touted as a supply chain leader. If you trace the year-over-year pattern, you can see that P&G made progress on inventory turns and operating margin 2006-2007, 2009-2010.

Supply Chain Design Software 260

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design 260

DELMIA Quintiq

SEPTEMBER 17, 2020

To push their products further, companies are leaning into flavor promotion to educate consumers on the subtle nuances that make their products stand apart from the competition. Beer manufacturers that mainly relied on on-premise consumption are beginning to rethink their business models.

Modeling 296

Modeling S&OP Supply and Demand Scenario Planning 296

The Logistics & Supply Chain Management Society

OCTOBER 17, 2022

Major businesses have had to completely re-consider previous supply chain strategies that were largely centred around lean manufacturing, just-in-time delivery and reducing operating costs. For example, Apple, now the world’s largest company by market capitalisation, has been heavily impacted by the ongoing lockdowns in China.

Agile and Lean Supply Chain 246

Agile and Lean Supply Chain Supply Chain Planning Software Sourcing Strategies Supply Chain Software 246

GlobalTranz

JANUARY 10, 2017

Consequently, all processes, including inventory management, logistics, data analytics and ongoing performance management, as reiterated by the staff of Supply Chain 24/7, improvement, can be optimized, creating a more efficient, direct and intelligent supply chain network. Agile = The New Lean.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

GlobalTranz

JANUARY 4, 2017

In the below is a real world example of a consultant coming to a third party logistics company with the goal of choosing a warehouse and 3pl provider. Lean IS their DAILY work. Lean is DAILY continuous improvement, pull systems to reduce inventories (versus push that increases inventory), Lean Six Sigma to improve quality to.003

Modeling 261

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 261

DELMIA Quintiq

MAY 11, 2022

It can be made with many different characteristics, for example, different chemical compositions to increase strength, durability, etc. For example, old steel used in an industrial context can be recycled into consumer products such as home appliances, automobiles and more. Steel is one of the most recycled material in the world.

Material Savings 317

Material Savings Supply Chain Planning Software Optimization Software Analytics Software 317

RFgen

JANUARY 16, 2025

That’s where manufacturing inventory management software comes in. In this ultimate guide, we’ll break down everything you need to know about manufacturing inventory management software. Its your single source of truth for inventory, constantly updated and readily available.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Supply Chain Planning Software Optimization Software 52

SYSPRO Smarter ERP

JUNE 6, 2022

In today’s business world, the success of a firm depends not only on its sales but also on the ability to manage its supply network and ensure it has the inventory it needs to deliver customer orders. Since 2000, businesses have implemented programs such as just-in-time (JIT) inventory and lean operations to improve profitability.

Inventory Reduction 119

Inventory Reduction Optimal Sourcing Inventory Modeling 119

Supply Chain Shaman

JULY 15, 2013

Let me give you an example. He then followed with a Statement of Work (SOW) to four companies: two strategic consulting companies and a small boutique Lean consulting company and myself. And, we cannot confuse Lean with demand-driven. At first I was excited to help. What are the real benefits?

Supply and Demand 253

Supply and Demand Vendor Strategies Inventory Reduction Price Reduction 253

RFgen

APRIL 18, 2025

Tariffs are reshaping sourcing strategies, forcing tech upgrades, and making inventory planning a lot more complicated. For global businesses relying on real-time logistics and lean inventory models, the question is how prepared is your supply chain when tariffs hit? Consider a hypothetical example: a U.S.-based

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Price Reduction Cost Reduction Strategies 52