The Logistics & Supply Chain Management Society

JULY 16, 2023

These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access. Despite the destruction and disruption caused by the natural disaster, Toyota had established alternative sourcing options and backup production facilities, enabling it to resume operations swiftly.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

SCMDOJO

NOVEMBER 17, 2023

Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc. Inventory Management & Optimization: Managing inventory as working capital, focusing on demand planning, optimization, safety stock management, and meeting customer service expectations.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

Unleashed

MARCH 24, 2024

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?

Six Sigma 52

Six Sigma Supply Chain Design Software Inventory Management Software Demand Planning Software 52

SCMDOJO

JUNE 21, 2023

It involves outsourcing the entire supply chain function to a third-party provider who manages everything from sourcing raw materials to delivering finished products to customers. This partnership improves inventory management, particularly for medicines with limited shelf life, utilizing dedicated storage facilities.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89

Supply Chain Opz

APRIL 1, 2018

The Supply Chain Revolution: Innovative Sourcing and Logistics for a Fiercely Competitive World Pros: This book will show you how to plan and execute procurement and sourcing strategy like the world's leading companies. The links below are paid links. Best Logistics Books are as below: 1. Our Rating: 5 Stars 4. Who is it for?

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Material Savings Inventory Reduction 100

Logistics Viewpoints

APRIL 29, 2021

Amazon and other ecommerce innovators have been the leading agents of disruption. Inventory and Labor Planning. Ecommerce has thrust DCs into the limelight and elevated distribution as a source of potential competitive advantage, or disadvantage. Distribution Disrupted. The Transformation Imperative.

Optimal Sourcing 150

Optimal Sourcing Optimization Software Supply Chain Design Software Supply Chain Planning Software 150

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. Sourcing plays a crucial role in building strong supplier relationships and achieving cost-effectiveness in the supply chain.

Negotiating Skills 97

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 97

GlobalTranz

JULY 12, 2016

Reduce inventory with cross-docking or use Kanban pull systems. Target inventory accuracy: goal: 98-100% accuracy daily. Get rid of excess inventory: create a Material Review Board (MRB) to review: obsolete, excess, slow moving inventory monthly. Implement a reward system for major victories. Improve processes daily.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

Supply Chain Game Changer

FEBRUARY 11, 2021

Often open-source coding software like R or Python are used to develop the AI power that these software models use. Like many sourcing decisions it is important to understand the benefits of AI, the Procurement case for it and the return on investment. What is the real power behind AI? About the Author. He holds an MBA and B.

Procurement 93

Procurement Modeling Software Analytics Software Supply Chain Network Software 93

SCMDOJO

AUGUST 21, 2023

With a focus on the logistics and supply chain niche, the account’s diverse TikTok content is a wellspring of knowledge, facilitating improvements in inventory management, warehouse operations, and transportation efficiency. The account provides valuable information on supply chain trends, challenges, and innovative solutions.

Negotiating Skills 97

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 97

GlobalTranz

MARCH 23, 2016

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?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Evolution of Asset Management: Humans, Inventory and the Rise of AI by Jeroen Hendriks , Director at Art of Supply Chain Sdn Bh In the ever-evolving landscape of organisational success, the spotlight is now on asset management. They are the ones who drive innovation, create new products and services and build relationships with customers.

Asset Management 130

Asset Management Inventory Reduction Inventory Optimal Sourcing 130

Logistics Bureau

JANUARY 19, 2016

Lack of ability to innovate. How to fix the problem: Some measures that your company can take to prevent supply chain cost blowouts as a result of inefficiency include: Implement a continuous improvement program, such as lean or Six Sigma. Work on employee engagement to improve accountability and encourage innovative thinking.

Supply Chain Planning Software 40

Supply Chain Planning Software Cost Reduction Strategies Negotiating Skills Agile and Lean Supply Chain 40

Requis

SEPTEMBER 24, 2020

On the fifteenth episode of Supply Chain Next, Muddassir talks with host Richard Donaldson about innovation in supply chain management, updating educational curricula, and the accessibility gap he sees in accessing instruction in supply chain best practices. ?. This is the time to innovate on supply chain. Let me give you an example.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Design Software Education Supply Chain Software 75

6 River Systems

FEBRUARY 22, 2019

Choose software that facilitates the valuation and control of permanent inventories based on inputs or outputs, with automated stock alerts, that is versatile and independent of the type of business. Define normal parameters and fine-tune the physical inventory system. Once the method is working, standardize it. Robin Schwartz, PHR.

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

Supply Chain Network

NOVEMBER 23, 2013

CommerceHub has ambitious plans, and as we continue to rapidly grow our network of retailers and suppliers, it is critical that we continually innovate our platform to ensure scalability and reliability for our customers,” said Frank Poore, Co-Founder and CEO of CommerceHub.

Modeling Software 74

Modeling Software Supply Chain Network Software Logistics Network Optimization Software System 74

Kinaxis

AUGUST 28, 2017

As air travel demand soars, aircraft equipment manufacturers continue to innovate in areas like jet engine fuel efficiency, navigation technology and materials science. Lean manufacturing and six sigma initiatives have significantly cut waste and inefficiency in the production process. Product complexity.

Aerospace 179

Aerospace Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 179

Supply Chain Shaman

NOVEMBER 14, 2016

Inventory Turns. Better performance in inventory turns than the peer group average for the period studied. Orbit Chart of VTech for the Period of 2006-2015 at the Intersection of Operating Margin and Inventory Turns . They were growing fast and were innovative; but, my intuition was that their approach was fundamentally flawed.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 150

NC State SCRC

SEPTEMBER 14, 2016

That put customers on hold, and then GE guys came in and “over-rotated” on six sigma, and should have focused more on the Big Y of getting rid of some divisions. When they declared chapter 11 – they left Flex with $400M of inventory. That was surely developed on the foot of getting stuck with Nortel’s inventory!

Supply Chain Network Software 40

Supply Chain Network Software Negotiating Skills Supply Chain Design Software Six Sigma 40

Arena Solutions

NOVEMBER 4, 2022

As the founder of the Product Realization Group, Michael helps guide the world’s most innovative companies to accelerate delivery of their products from concept to full market scale. Angenette has more than 24 years of experience in quality assurance, quality control, Lean Six Sigma, and supply chain.

Quality 52

Quality Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 52

Unleashed

OCTOBER 4, 2021

Here we break down the inventory management strategies of seven successful manufacturers and retailers around the globe. These examples show there isn’t a benchmark inventory management strategy that trumps all others. This allows Amazon to concentrate on other aspects of the transaction, like shipping, returns and processing.

Inventory Reduction 97

Inventory Reduction Vendor Strategies Inventory Management Software Waste Reduction 97

6 River Systems

JUNE 26, 2020

“They have multi-sourced key commodities or strategic components to reduce their reliance on any one supplier, and they had considered inventory strategy to buffer against supply chain disruption.” The best way to address unforeseen delays (such as we have seen with the pandemic) is to ensure that you have buffer inventory.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 98

ThroughPut

MAY 23, 2019

Of course, data may be “the new oil”, but if not refined properly through analysis, and not put into the right tank for action by domain experts, then it’s never going to propel the motors of corporate innovation forward. Yet industrial-scale disruption on multiple fronts requires lots of innovation.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Automotive 40