GlobalTranz

FEBRUARY 17, 2016

Carrying slow-moving inventory or shipping damaged/incorrect product hurts customer relationships. For instance, if the customer and employee feedback show that product quality issues are prevalent, Lean Six Sigma has to be improved. Locating lost inventory wastes and an enormous number of man-hours.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

SCMDOJO

AUGUST 4, 2023

This reduces the chances of lost sales and the associated costs of rush orders or expedited shipping. For instance, if an equipment manufacturing firm stocks various product parts and they no longer become sellable, they could be sold at a massive loss. In order words, Excess and Obsolete Inventory Is killing your business !

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90

Supply Chain Shaman

AUGUST 11, 2014

We built these into continuous improvement programs such as Lean Six Sigma, while also setting goals to drive breakthrough cost savings to supplement continuous improvement savings. We set a goal that 50% of our target would come from continuous improvement and the other half would come from breakthrough innovation and thinking.

Case Study 286

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

SCMDOJO

AUGUST 16, 2023

The company has strategically invested in automated distribution centers, streamlining the flow of products from manufacturers to stores. By procuring directly from manufacturers, Walmart can negotiate and understand their cost structure, enabling them to make informed purchasing decisions and obtain the best prices for their products.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

CH Robinson Transportfolio

MAY 5, 2015

These innovative assets, built and driven by harnessing big data and predictive analytics, create consumer and business environments where “I Want What I Want When I Want It” (“IWWIWWIWI”) is not only justifiable, but increasingly the societal standard. Analytics Leaders Discuss the Internet of Thingsg.

Internet of things 34

Internet of things Predictive Analytics Analytics Software Analytics 34

Supply Chain Game Changer

NOVEMBER 11, 2018

I started my career in Automotive parts manufacturing as a shift supervisor and can remember when my boss asked me to come off shift and become a master production scheduler. The site had been trying to fix it and were using the manufacturing engineering team to drive the improvements. Productivity was like 1 line an hour.

SCM 43

SCM Supply Chain Planning Software Buyer Training Supply Chain Software 43

Elementum

JUNE 22, 2022

In this blog, we’ll continue with these themes, exploring some of the serious problems that have cascaded down from one of the most popular process management practices of the last several decades: Lean Manufacturing. As part of this exploration into Lean Manufacturing, we’ll define the term, and cover a brief history of its development.

Manufacturing Procurement 78

Manufacturing Procurement Agile and Lean Supply Chain Lean Waste Reduction 78

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. The company was founded in 1997 by Frank Poore and Richard Jones.

Modeling Software 74

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

6 River Systems

FEBRUARY 22, 2019

It’s also very efficient, meaning it will allow your employees to process more orders on a hourly basis with virtually impossible odds of shipping the incorrect products to your customers. Guava Family is a family oriented design and manufacturing company that specializes in creating travel cribs and baby gear. Steven Osborn.

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

The Lean Supply Chain

JANUARY 21, 2016

Warehouse Optimization/Cal Poly Small Business Development Center for Innovation Consultant. A stockroom that only holds materials for New Product Introduction will look very different from a manufacturing warehouse for a television or large appliance factory. Chuck Intrieri. Paso Robles, CA. 714-788-0744. No, it is money.

Warehousing 40

Warehousing Survey Material Savings Inventory Reduction 40

Kinaxis

MAY 24, 2018

Dana stated that leading supply chain organizations such as Amazon are looking for disruptive skills such as Lean/six-sigma, SQL, project management, R, Perl, and Python in addition to the core supply chain skills, as compared to lagging organizations primarily looking for ERP and excel skills. The site was launched in eight weeks.

Gartner 111

Gartner Supply Chain Execution Conference Supply Chain Planning Software 111

NC State SCRC

SEPTEMBER 14, 2016

You didn’t have to add designers, and they leveraged the fact that they designed phones for other people, could do it quicker, and would leverage that, and would get their money back through manufacturing in a low cost environment. At the time – it was all in Taiwan, and over time it was moved more to manufacturing locations in China.

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

Supply Chain Shaman

NOVEMBER 14, 2016

Today the Company’s core businesses are cordless phones, contract manufacturing services and children learning products. The North American operation is the top manufacturer in the US cordless market. It took us three years to right the ship. Initially, this led to operating losses and write-offs and was turned around in 2002.

Supply Chain Planning Software 150

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

Unleashed

OCTOBER 4, 2021

Here we break down the inventory management strategies of seven successful manufacturers and retailers around the globe. Samsung’s inventory management strategy Samsung is one of the world’s largest manufacturers, meaning managing their inventory is an enormous and complex task.

Inventory Reduction 97

Inventory Reduction Vendor Strategies Inventory Management Software Waste Reduction 97

6 River Systems

JUNE 26, 2020

“I predict we will see a greater adoption of automated tools assisting, rather than replacing, humans in specific roles within our supply chains: warehouse, manufacturing and distribution.” This both reduces the risk of error and improves speed to create a smoother shipping process. How to solve it?

Supply Chain Planning Software 98

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

ThroughPut

MAY 23, 2019

The Automotive Industry is being disrupted on all sides and is upending the traditional models of vehicle manufacturing that have evolved over the past 120 years to dominate the world. Even Ford CEO Jim Hackett talks about auto manufacturers’ decades of proprietary consumer, vehicle and test data as a market differentiator.

Agile and Lean Supply Chain 40

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