New Horizon Supply Chain Blog

AUGUST 30, 2023

Of all the most common metrics used to measure supply chain performance, forecast accuracy is the most difficult for colleagues outside of the supply chain function to relate to corporate goals like customer satisfaction and profitability. Inventory metrics are less intuitive, but ever since U.S.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

Unleashed

NOVEMBER 15, 2021

Then back-end systems pair tailored financial products and services to the customer based on those metrics. In order to produce at scale, a manufacturer generally aims to have a very lean supply chain – one that eliminates waste, cuts costs, and operates as efficiently as possible.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Forecasting Software 98

Supply Chain Game Changer

NOVEMBER 9, 2022

Follow-up : Instead of taking the backseat, you should have metrics that help you tell the performance of your consultant. Their input acts as the guidelines that ensure your business performs efficiently. Efforts to lean on your in-house resources could prove futile. When To Work With A Business Consultant.

Resource Reduction 86

Resource Reduction Expense Reduction Price Mitigation Strategies Supply Chain Strategy 86

Logistics Bureau

OCTOBER 20, 2021

These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.” ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

Unleashed

JANUARY 14, 2024

You should use the EOQ model as a guideline, not a rule, and adjust your order quantities according to changing market conditions and customer preferences. Implement lean manufacturing Lean manufacturing is a business philosophy that aims to eliminate waste and improve efficiency in production processes.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

New Horizon Supply Chain Blog

JULY 15, 2022

Of all the most common metrics used to measure supply chain performance, forecast accuracy is the most difficult for colleagues outside of the supply chain function to relate to corporate goals like customer satisfaction and profitability. Inventory metrics are less intuitive, but ever since U.S. M in savings.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

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. ISO publishes guidelines for conformance to its standards. Who Needs Lean Manufacturing?

Manufacturing Procurement 120

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

The Network Effect

OCTOBER 3, 2014

Strategies around lean replenishment and logistics must be deployed to accomplish performance goals, many of which may be required to remain in good standing. Identification and measurement of key trending metrics on a weekly or monthly basis, with an emphasis on corrective action planning to address metrics that don’t meet goals.

Supply Chain Network Software 197

Supply Chain Network Software Automotive Modeling Software Supply and Demand 197

Taulia

JUNE 26, 2023

During this step, you first need to decide on supply chain objectives and specify the metrics that will be used to monitor progress toward them. Then, move on to build your supply chain to suit those metrics. The main dichotomy in supply chain models is between lean and resilient.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Manufacturing Procurement 52

Precoro

FEBRUARY 26, 2024

Together with the cost center managers, they establish key performance indicators (KPIs) to assess the performance of each cost center against predefined metrics. It also helps the cost center manager define the guidelines for the future operational and spending priorities, and introduce specific changes to the daily workflows.

Optimal Sourcing 105

Optimal Sourcing Cost Reduction Strategies Optimization Software Negotiating Skills 105

GlobalTranz

JANUARY 23, 2018

In the logistics aspect of the supply chain, this equates to better monitoring and adherence to guidelines governing drive time, fuel use, deadhead and more. Lean processes are standard in supply chains, including logistics, but 2018 will see a gradual transition to elastic logistics. Service Supply Chains Will Dominant the Market.

Supply Chain Software 191

Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy Logistics Network Optimization Software 191

Supply Chain Game Changer

JANUARY 20, 2020

In the logistics aspect of the supply chain, this equates to better monitoring and adherence to guidelines governing drive time, fuel use, deadhead and more. Lean processes are standard in supply chains, including logistics, but 2018 will see a gradual transition to elastic logistics. Service Supply Chains Will Dominate the Market.

Supply Chain Software 62

Supply Chain Software Agile and Lean Supply Chain Logistics Network Optimization Software Supply Chain Strategy 62

Supply Chain Game Changer

NOVEMBER 15, 2018

In the logistics aspect of the supply chain, this equates to better monitoring and adherence to guidelines governing drive time, fuel use, deadhead and more. Lean processes are standard in supply chains, including logistics, but 2018 will see a gradual transition to elastic logistics. Service Supply Chains Will Dominate the Market.

Supply Chain Software 49

Supply Chain Software Agile and Lean Supply Chain Logistics Network Optimization Software Supply Chain Strategy 49

6 River Systems

JUNE 29, 2020

When Toyota pioneered lean production in Japan back in the 1970s, its suppliers facilitated this by being colocated nearby. Yet many companies, lulled by efficient and relatively inexpensive logistics and transport, have been applying lean and just-in-time production methods that span global networks. . Safety stock is ‘bad.’

Supply Chain Planning Software 116

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

SYSPRO Smarter ERP

MAY 25, 2022

And if you’re operating in a highly regulated industry such as medical devices, automotive, or food and beverages, you also need to adhere to strict compliance guidelines. This could lead to: An absence of quality metrics that make it tough to determine if you’re efficiently and consistently producing high quality products.

Manufacturing Procurement 105

Manufacturing Procurement Quality Optimal Sourcing Manufacturing 105

6 River Systems

DECEMBER 5, 2019

Picking also directly impacts the throughput metric, hence improving the productivity and speed of the picking process, which directly improves the throughput of the distribution center. ” – How to Improve Order Picking , LEAN Material Handling; Twitter: @HandlingLean 11. Create extra space in your warehouse.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Resource Reduction 52

Supply Chain Matters

JANUARY 19, 2024

UPS Supply Chain Solutions has begun offering its customers added tools, guidelines and recommended pointers for best navigating this ongoing crisis. Scenario and simulation based planning methods that quantify and weight various short and longer term impacts to key business metrics.

Shipping 52

Shipping Transportation Supply Chain Planning Software Scenario Planning 52

6 River Systems

JUNE 10, 2019

Optimizing cash positions is possible with strong, lean, on-time payment performance and deliberate strategies for benefiting from early payment discounts and third-party funding sources. Include elements of the processes, technologies, organizational needs, control philosophy and metrics to analyze along the way.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88