Cerasis

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. The “Them (company leadership) versus Us (shop floor associates)” mentality also needs to change for Lean Transportation to " WE.

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Lean Transportation Management Transportation North America 179

Cerasis

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? Let's first talk about first setting the stage, then give you practical practices and tactics to achieve a sustainable lean culture, and then provide core key performance indicators (KPIs) to track your progress. Lean Culture by Creating "Standard Work".

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Lean Sustainability Manufacturing How To 182

Supply Chain Game Changer

NOVEMBER 22, 2018

Check out A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! What is Lean Inventory Management? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. Lean supply chain and inventory management enable Small Medium Businesses (SMB) to improve efficiency and increase profits. Subscribe Here!

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Lean Six Sigma Inventory Quality 69

Cerasis

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. 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. First, look at inventory as MONEY/CASH. Try using a Vendor Managed Inventory (VMI).

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Lean Inventory Management Inventory Six Sigma 191

Cerasis

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. 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.

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Lean Trends Procurement Supply Chain 179

Supply Chain Game Changer

FEBRUARY 6, 2020

Why Agility is Trumping Lean! Lean management article originally published by Veridian at [link] Permission to publish here provided by Jason Rosing. What is Lean Inventory Management? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. What is Lean Inventory Management? Attributes of Lean Inventory Management. Subscribe Here!

Lean 58

Lean Six Sigma Inventory Quality 58

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. It includes the practice of having the right levels of inventory to meet your target service levels while keeping a minimum amount of capital locked for inventory.

Inventory Management 40

Inventory Management Inventory Forecasting Manufacturing 40

Cerasis

NOVEMBER 28, 2016

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". However, in many circumstances, the supplier will send an invoice that contains one set of terms, while the procurement professional will issue a purchase order which contains additional or different terms. Procurement

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Procurement Indiana Third Party Logistics 3PL 217

Supply Chain View from the Field

APRIL 22, 2015

Brent Taylor, who I met the week before at Procurement Leader’s, took me on a tour of the plant. ” To cope with this hockey stock effect, EMC has a highly lean and flexible manufacturing facility. They also use a “inventory train” concept – which is a cart with rolling stock. Customer Relationship Management Design for Supply Chain Inventory Management Logistics

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Lean Manufacturing Training Sustainability 69

Supply Chain Game Changer

FEBRUARY 5, 2019

The 3 Pillars of Digital Procurement! Virtually every type of software application is offered in a SaaS model, including software to support ERP, TMS, CRM, Inventory Management, and Invoicing applications, all of which are related to Supply Chain. You can outsource your Manufacturing, Distribution, Procurement, Logistics, Accounts Payable, Transportation Management, Systems and more. We had phenomenal, global capabilities in Logistics and Procurement.

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Supply Chain Software Reverse Logistics Manufacturing 71

Cerasis

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. According to the CSCMP's "State of Logistics" Report from 2015, logistics costs now make up over 8% of the GDP. Any percentage less for your business with logistics costs as a percent of your revenue, goes straight to the bottom line. . Logistics Cost Reduction by Focusing on Safety.

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Logistics Lean Third Party Logistics Reverse Logistics 191

Supply Chain Game Changer

OCTOBER 8, 2019

Most definitions of disintermediation characterize it as the elimination of intermediaries, or “ cutting out the middleman “ Further consider that the “Wastes” associated with Lean thinking and principles include transportation, inventory, over production and motion amongst others. For every node of the supply chain this means that there is transportation, movement and handling, inventory, and production and over, or under production. Subscribe Here!

Metrics 58

Metrics Reverse Logistics Inventory Distribution 58

6 River Systems

NOVEMBER 25, 2020

There are several elements in an effective logistics strategy, with the ultimate goal of identifying the most cost-effective service levels and developing plans and processes that enable the company to operate as close to those optimal service levels as possible. in the logistics industry.

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Strategy Colorado Massachusetts Georgia 52

Supply Chain Game Changer

JUNE 11, 2019

SCM encompasses the integrated planning and execution of processes required to optimize the flow of materials, information and financial capital in the areas that broadly include demand planning, sourcing, production, inventory management and storage, transportation — or logistics — and return for excess or defective products. supplychainmanagement #humanresources #procurement #logistics #jobs. Subscribe Here! Email Address.

SCM 84

SCM Reverse Logistics Education Supply Chain 84

Kanban Logistics

AUGUST 13, 2020

What is inbound logistics? See, there’s a big difference between handling inbound logistics yourself and outsourcing it to a trusted North Carolina third-party logistics (3PL) provider that knows the manufacturing industry. What is inbound logistics?

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North Carolina 3PL Aerospace Warehousing 52

Supply Chain Game Changer

JANUARY 15, 2020

As noted by Inbound Logistics , “Many manufacturers start assembling products, mapping out product specs to determine capacity needs, and working with their transportation and distribution partners on reliable and cost-effective logistics solutions up to six months in advance.”. As explained by Logistics Management , the upcoming peak season is already throwing a wrench into supply chains across the country. Reduced inventory carrying costs. Subscribe Here!

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Training DC Omnichannel Inventory 43

Freightos

AUGUST 26, 2015

The Experts’ Choice of the Top Online Logistics Resources. So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. Experts’ Choice: Supply Chain and Logistics Email Newsletters. This is the experts’ selection – but if we had to choose just one, our go-to read is the fast-rising WSJ Daily Logistics Report. Ti Logistics Briefing.

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Resources Logistics Cargo Handbook 261

Supply Chain Game Changer

NOVEMBER 7, 2018

And then at some point all of these activities were included under the banner of “Reverse Logistics” What on earth is Reverse Logistics? So What Is Reverse Logistics? The term “Reverse Logistics” was first coined by James R. I was certainly familiar with Repair, Recycling, Reclamation, Salvage and ReUse to that point but Reverse Logistics seemed like an odd phrase. But once explained the phrase Reverse Logistics made sense.

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Reverse Logistics Logistics Policies Quality 59

Talking Logistics

MARCH 27, 2015

Now, on to this week’s supply chain and logistics news… Penske Logistics Reaches Agreement to Acquire Transfreight North America. This week it was Penske Logistics announcing that it is acquiring Transfreight North America from Mitsui & Co., Transfreight offers customized logistics solutions that include network optimization / rationalization solutions. Desperate times call for desperate measures.

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DC North America Logistics Lean 136

Supply Chain Game Changer

NOVEMBER 9, 2018

They were going to take the Holistic approach (see our Blog Inventory Turnover Breakthrough (Part 1) … Go Back To The Basics! We had to lean out the operations and improve productivity. Check out Global Process Excellence (Part 4) – Introducing Lean In Retail … Start in the Backroom! Lean #SupplyChain #ProcessExcellence #SCM #Logistics #Distribution. Subscribe Here! Email Address.

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Distribution Video Case Study Lean 49

Supply Chain Game Changer

NOVEMBER 7, 2018

Check out 10 Signs You Should Reboot Your Lean Program! Once, the lean supply chain was considered to be the most effective form of manufacturing and supply chain management. Unfortunately, many supply chain entities do not understand or fail to grasp the full scope and concept of agility and how and it functions in relation and contrast to a lean supply chain. Let’s take a look at how the agile supply chain is quickly replacing the lean supply chain. Subscribe Here!

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Lean Reverse Logistics Inventory Video 57

ToolsGroup

SEPTEMBER 15, 2020

Do you expect people’s relationship with logistics to change in the long term due to COVID-19? For those who already worked in logistics, there will also be changes. Blog demand forecasting inventory optimization machine learning supply chain planning

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Supply Chain Boston Conference Lean 181

Supply Chain Game Changer

APRIL 5, 2020

Specifically the company was going to carry a dramatically different set of products which required a new set of capabilities in Strategic Planning, Merchandising, Marketing, Procurement, Inventory Management, Retail Operations and Logistics. . We decided to attack this by introducing the Lean technique of Value Stream Mapping to the organization. The company had no experience in Lean process improvement. Subscribe Here! Email Address.

Exercises 40

Exercises Education Lean Procurement 40

Supply Chain Game Changer

NOVEMBER 23, 2018

Specifically the company was going to carry a dramatically different set of products which required a new set of capabilities in Strategic Planning, Merchandising, Marketing, Procurement, Inventory Management, Retail Operations and Logistics. We decided to attack this by introducing the Lean technique of Value Stream Mapping to the organization. The company had no experience in Lean process improvement. Subscribe Here! Email Address.

Exercises 53

Exercises Lean Education Procurement 53

Supply Chain Game Changer

APRIL 21, 2020

A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! As we articulated in our article A Don’t Touch Strategy Will Dramatically Lean Out Your Supply Chain! According to the Lean philosophy any activity that does not transform goods and add value that an end consumer will pay for should be considered waste. While you still need people to load and unload trailers the number of people exposed to and touching logistics can be reduced.

Strategy 61

Strategy Supply Chain Strategy Electronics Internet of things 61

Supply Chain Game Changer

NOVEMBER 19, 2018

From planning to negotiating to buying, from moving goods to processing goods, and from managing data to managing inventory. Lean for instance is equally applicable in Supply Chain as it is in Manufacturing or anywhere else. The Cash Cycle is a function of the days of Accounts Receivable, Accounts Payable, Inventory and Capital Expenditures. From the inbound perspective he Supply Chain team typically procures raw materials, expedites their delivery. Subscribe Here!

Benchmarking 76

Benchmarking Internet of things Comparison Reverse Logistics 76

Supply Chain Game Changer

MARCH 24, 2020

Total cost of ownership (TCO) is a Procurement sourcing methodology which entails taking into account all aspects of doing business with a supplier, not just unit costs. TCO models can include variables such as unit price, Accounts Payable terms, cost of quality, lead times, technological value, logistics costs, management costs and more. Mission Critical and Strategic Inventory Positioning. Don’t Overlook the Role of Reverse Logistics. Subscribe Here!

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Iran Reverse Logistics Italy Sourcing 72

Logistics Bureau

NOVEMBER 16, 2020

And now let us examine the reasons why a career in logistics offers so much diversity to so many workers. It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Manage inventory levels.

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Six Sigma Third Party Logistics Supply Chain Training 68

Cerasis

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. The next step in procurement is then managing vendors and keeping service providers accountable for continued improvement. Many logistics service providers will provide their customers with an SLA.

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KPI 3PL Six Sigma Lean 248

6 River Systems

DECEMBER 11, 2018

As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. Luckily, the current movers and shakers of the logistics and supply chain world are all too happy to dole out sage advice in the form of blog posts, interviews, podcasts — you name it. Logistics strategies for streamlined fulfillment. Logistics personnel and supplier management pointers.

Strategy 63

Strategy Supply Chain Policies Survey 63

Supply Chain Game Changer

NOVEMBER 9, 2018

Most companies have a Procurement function, Distribution, Logistics, Planning, Inventory Management, Product Data Management, and Operations. In the area of Procurement they did a lot of benchmarking and highlighted deficiencies in our materials costing and pricing processes, and the resultant uncompetitiveness and financial shortfall that resulted therefrom. Cash constraints, and borrowing money to fund operations and finance inventory. Lean, Agility).

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Benchmarking Metrics Supply Chain Lean 50

4WL Consulting

JUNE 12, 2015

This heightens the need for having a global procurement network which can support and respond to a company’s supply chain needs in a timely manner. However, many chief procurement officers claim that it is becoming more and more difficult to select a strategic supplier who offers consistent global quality and local service. #2 A lean manufacturing environment should involve a shorter lead time, lesser inventory and improved throughput. Blog Logistics Outsourcing

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Lean Metrics Supply Chain Segmentation Quality 100

synchrono

MARCH 23, 2017

Demand-Dr iven Manufacturing incorporates the best of Lean manufacturing, Theory of Constraints (TOC), and Lean Six Sigma principles. Beyond the major strategic advantages, these connected supply chains can respond with greater agility to traditional short-term challenges such as shorter lead and replenishment timelines, cost reduction/avoidance strategies, inventory optimization, logistical issues, and more.

Supply Chain Transformation 43

Supply Chain Transformation Six Sigma Phoenix Supply Chain 43

Supply Chain Game Changer

JANUARY 22, 2019

Our first belief is that the future Supply Chain must be based on a “Don’t Touch” philosophy, which we discussed in our article A Don’t Touch Strategy Will Dramatically Lean Out Your Supply Chain! This is completely consistent with a Lean approach which underscores the need to eliminate waste. Now consider that this same data entry occurs between all suppliers, customers and logistics carriers. Subscribe Here! Email Address.

Internet of things 75

Internet of things Predictive Analytics Supply Chain Lean 75

Unleashed

OCTOBER 26, 2018

In manufacturing, the BoM will help drive the procurement and logistics for product creation. It tells you everything that is required to build each component of a finished product and provides a valuable tool to help improve inventory control. A complete knowledge of every component and step in the manufacturing process allows the operations team to make appropriate trade-offs between time, cash flow and inventory control throughout the life of a product.

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Inventory Lean Manufacturing Packaging 54