Remove Innovation Remove Inventory Remove Metrics Remove Six Sigma
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25 Lean Manufacturing Tools – 5S, Six Sigma & Beyond

Unleashed

Reduced costs: Reducing waste, upping productivity and managing inventory better lead to lower costs and better cash flow. More satisfied workers can lead to greater business innovation and agility. When combined with lean practices, it becomes Lean Six Sigma. How many lean manufacturing tools should a business use?

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7 Reasons Why You Should Reduce Inventory

SCMDOJO

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

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5 Best Logistics Books to Keep Within Reach

Supply Chain Opz

The Supply Chain Revolution: Innovative Sourcing and Logistics for a Fiercely Competitive World Pros: This book will show you how to plan and execute sourcing strategies like the world's leading companies. He also co-authored 5 logistics and supply chain books and supervised many six sigma and lean projects. Our Rating: 4.9/5

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The 3 Most Common Warehouse Receiving Challenges – and How to Solve Them

AB&R

Warehouse receiving impacts all aspects of operations, from inventory management to logistics. Replacing fixed workstations with mobile receiving carts also frees up valuable warehouse space, which can help boost dock-to-stock cycles and eliminate bottlenecks in inventory management. Inaccurate inventory data. Conclusion.

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How to Sustain a Lean Culture in Manufacturing & Supply Chain

GlobalTranz

The focus is to eliminate all wastes in the organization, improve processes, solve root cause problems, create a pull environment, and ensure that Lean Six Sigma (LSS) works for quality and daily problem solving using DMAIC (Define, Measure, Analyze, Improve, and Control) and PDCA (Plan, Do, Check, and Act). Why are we doing this?

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The Ultimate Guide to Contract Logistics: What You Need to Know

SCMDOJO

It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider. By leveraging their capabilities, businesses can reduce transportation costs, optimize inventory levels, and minimize warehousing expenses.

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VTech: A Story of a Supply Chain Leader

Supply Chain Shaman

Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. To meet the criteria for The Supply Chains to Admire for 2016, companies needed to score better than their peer group average for performance metrics, while driving a higher level of improvement than 2/3 of their industry peer group.