article thumbnail

Build a Lean foundation with loopPFEP

Loop Supply Systems

Laying a Lean foundation with loopPFEP. Over the years lean manufacturing has become more and more popular; companies have recognized that they can grow with less. In some ways, Lean can also be described as the way of the future in the manufacturing industry given the popular lean initiatives. Lean Training Workshops.

article thumbnail

Inventory Management Techniques That You Need to Know About

EMERGE App

Not Another List of Inventory Management Techniques. I want to start by saying that this is not an exhaustive list of all the possible inventory management techniques available for all industries. What we will cover are practical inventory management techniques that: Our customers use; and. Downside of Inventory Mismanagement.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top Warehouses in North America 2013

The Logistics of Logistics

auto manufacturing market melted down, I was conducting value stream mapping workshops at tier one suppliers (Magna, TRW, Yazaki, Johnson Controls, etc.). In lean consulting, you would often find excess inventory, rework, over processing and other wasteful practices inside a warehouse. Back in 2008, just before the U.S.

article thumbnail

7 Strategic Performance Business Practices with 3PL KPIs and 4 KPI Problems to Solve

GlobalTranz

We continue our series on understanding the 3PL KPIs (Key performance indicators) from 3PL consultant, Chuck Intrieri of The Lean Supply Chain as it relates to the engagement with a 3PL. Sales, Inventory, and Production Planning (SIOP) should be used for business planning and strategy in the shipper, 3PL relationship.

KPI 120
article thumbnail

What is Inventory Management?

EMERGE App

What is Inventory Management? Inventory management, in a nutshell, describes your efforts to manage, assess and report on the flow of your stock of goods. You might be using pencil-and-paper, spreadsheets or sophisticated inventory management software to do this. Two Essential Features of Inventory Management Today.

article thumbnail

Industry 4.0 was Delayed, not Cancelled, by the Pandemic

Enterra Insights

He writes, “Manufacturing operations can take advantage of the data in a number of different ways: Inventory levels; quality control data; equipment productivity; operator productivity; and, condition of equipment.” 5] Kottayil writes, “Conduct workshops using design thinking to identify problems and real opportunities.

article thumbnail

Changing Mental Models

Supply Chain Shaman

I also had the opportunity to speak at the GHX conference and facilitate a leadership workshop on the required changes for implantable devices. Here are some of the quotes from the workshop I led yesterday that helped me to better understand the industry: “A process born out of chaos is chaos. Supply Chain Leader of a Large Hospital.

Modeling 236