Unleashed

AUGUST 14, 2023

Manufacturing operations need to implement effective production management tools and processes to reduce the cost of producing goods. Production management aims to monitor and improve your manufacturing performance. The importance of production management in manufacturing Production management in manufacturing is vital.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Predictive Analytics Software Modeling Software 52

Unleashed

MARCH 24, 2024

Many manufacturers use lean methods to cut costs and improve efficiencies in their business. But ‘lean’ is a very broad concept and the ways that manufacturers ‘go lean’ vary considerably. Here we look at the most common tools and techniques used to bring the advantages of lean into the modern manufacturing workplace.

Six Sigma 52

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

Unleashed

MARCH 15, 2019

Inventory accuracy is vital to an organisation’s long-term success. Profits depend on the sale of inventory stock and if you don’t know what or how much you are selling then you could be missing an opportunity to maximise sales. Inventory control strategies. Get automated. Get tracing.

Inventory Reduction 69

Inventory Reduction Inventory Waste Reduction Optimal Sourcing 69

Enterra Insights

DECEMBER 12, 2019

Manufacturers have historically found themselves at the cutting edge of technological advances. It’s surprising, then, to read stories encouraging manufacturers to jump aboard the Digital Age technology bandwagon. ” He noted, “Each of these technologies will fundamentally change how products are manufactured.”

Analytics Software 100

Analytics Software Predictive Analytics Software Modeling Software Supply Chain Network Software 100

GlobalTranz

FEBRUARY 17, 2016

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. A Focus on Inventory Control Begets Warehouse Cost Reductions. First, look at inventory as MONEY/CASH. Understand Data Integrity to Reduce Inventory Costs.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

AB&R

MARCH 4, 2022

Warehouse receiving impacts all aspects of operations, from inventory management to logistics. If not aligned with the changing needs of a growing business, picking, packing, and shipping can shrink its margins. Inaccurate inventory data. Stock shortages, shipping delays, and unfulfilled orders can make customers unhappy.

Waste Reduction 52

Waste Reduction Inventory Reduction Warehousing Six Sigma 52

SCMDOJO

DECEMBER 18, 2023

In the world of manufacturing and maintenance, effective spare parts management is essential for maximizing equipment uptime and reducing costs. Ensuring Timely Repairs: Having a well-managed inventory of spare parts ensures quick and timely repairs. Yet, handling spare parts can be tricky and needs careful planning and execution.

Inventory Reduction 63

Inventory Reduction Optimal Sourcing Expense Reduction Vendor Strategies 63

Logistics Viewpoints

APRIL 29, 2021

Any company shipping physical products today – whether to consumers or to other businesses – needs to meet higher service expectations, including faster order turnaround in the DC. In addition to large distribution orders, many retail and business-to-business facilities are shipping rising volumes of direct-to-consumer orders.

Optimal Sourcing 150

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

Logistics Viewpoints

MARCH 6, 2023

In one article , Mr. Sorenson points out that IBP works better for small manufacturers than large ones. The simplified assumptions allow companies “to manage margins, supply chain costs, and inventories”, but “it does not enable them to manage enterprise costs, profit, and working capital.” Dean Sorenson concurs.

Supply Chain Planning Software 234

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 234

Talking Logistics

AUGUST 3, 2017

Now consumers can compare products from multiple manufacturers and/or retailers in order to find best product at the best price – all from the comfort of their own home – and then have it delivered within days or even hours. All signs point to the rise of direct-to-consumer (DTC) shipping. So where is the industry heading?

Supply Chain Planning Software 103

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Logistics Network Optimization Software 103

SCMDOJO

JULY 24, 2023

It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider. They can be trucking companies, airlines, shipping lines, or rail operators, depending on the mode of transportation chosen for the specific shipment.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

SCMDOJO

AUGUST 16, 2023

By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels. The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

Unleashed

MARCH 30, 2022

If you’re a manufacturer looking to boost efficiency, control charts are a simple but effective way to monitor and improve your production processes. So what is a process control chart, why are they so useful for manufacturing businesses , and how can you start using them? We take a look. What is a process control chart?

Manufacturing Procurement 98

Manufacturing Procurement Six Sigma Inventory Management Software Manufacturing 98

Supply Chain Opz

JUNE 1, 2014

Manufacturing systems and regulatory compliance are considered to be very complex, coupled with the limited number suppliers due to the high barriers to entry. Moreover, the aircraft manufacturers have to do whatever it takes to win the order long before the commencement of production. Many industries try to imitate Dell''s success.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

SCMDOJO

JUNE 14, 2023

A 3PL offers a comprehensive range of services, including transportation, warehousing, distribution, and value-added solutions such as inventory management, packaging, and assembly. For example, it can be used for inventory management, order fulfillment, and product tracking tasks.

3PL 77

3PL Supply Chain Design Software Prescriptive Analytics Software Inventory Management Software 77

Talking Logistics

FEBRUARY 7, 2019

Much like the most successful business philosophies (lean, six sigma, Total Quality Management (TQM)) a handful of individuals acting alone won’t—and can’t—affect company-wide changes for the better—it takes an organizational shift. Prepare for Major Changes in Manufacturing and Warehousing.

Supply Chain Software 105

Supply Chain Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Strategy 105

Supply Chain Shaman

AUGUST 11, 2014

We believe that a supply chain leader is defined by both the level of performance on the Effective Frontier (balance of growth, Return on Invested Capital, Profitability and Inventory Turns) and driving supply chain improvement. Resiliency is the tightness of the pattern, or the reliability of operating margin and inventory turns results.

Case Study 286

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

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Certified in Production and Inventory Management (CPIM) : The course covers ground such as knowledge of production and inventory management, internal operations, and customer relations.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Unleashed

JULY 23, 2023

Key Performance Indicators (KPIs) help manufacturers determine operational strengths and flaws. By tracking the right manufacturing KPIs in your production operations you can accurately monitor performance to ensure the consistent and timely delivery of quality products. In this manufacturing KPIs guide What are KPIs in manufacturing?

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

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. 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 Action Blog

FEBRUARY 18, 2021

I’m sure there are a lot of ways to summarize a careful, comprehensive approach to inventory management. A ccess information and use it instead of inventory. This is perhaps the simplest, but yet most difficult aspect of careful, comprehensive inventory management. . A nticipate market requirements. A ccount for your actions.

Inventory Management Software 40

Inventory Management Software Inventory Management Inventory Reduction Inventory 40

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

Supply Chain Network

NOVEMBER 23, 2013

In addition to procuring and supporting hardware, software and cloud services for the company, Hinkle will also be managing and negotiating all licensing and handle the company’s inventory of hard and digital assets, including ensuring the viability of enterprise disaster recovery plans and capabilities.

Modeling Software 74

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

Supply Chain Shaman

OCTOBER 7, 2012

For mature supply chain organizations, it is a natural extension of six sigma. Q: Is it only inventory disrupting the agility resulting from inaccurate forecasts by S&OP? These can be shift in the channel, issues in manufacturing, increasing variability in transportation, or a shift in commodity prices.

Supply Chain Design Software 226

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 226

GlobalTranz

MAY 6, 2015

o Space—holding places for unnecessary inventory. o Inventory—inactive raw, work-in-process, or finished goods. When you create your Sales, Inventory, Operations and Production Plan (SIOP) monthly, or more frequently, invite your top Suppliers and Customers to the SIOP meeting. Inventory velocity and inventory reduction.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Lean 120

Talking Logistics

JUNE 6, 2017

Factors like global trade and a customization trend in manufacturing have altered the “straight shot” supply chain forever. Thankfully, digitization of inventory and technology like real-time shipment tracking from 3PLs are taking the pinch out of switching for these companies. Times Have Changed For Supply Chains.

Supply Chain Design Software 169

Supply Chain Design Software Supply Chain Design Optimal Sourcing Supply Chain Optimization 169

The Lean Supply Chain

JANUARY 21, 2016

First, look at the inventory: Is it pallets? Typically, 80% or more of a company’s inventory, and sometimes accounts for more than half of its working capital , would get plenty of attention. Improving receiving and warehouse performance can enable you to take multiple days out of inventory.). Chuck Intrieri. Paso Robles, CA.

Warehousing 40

Warehousing Survey Material Savings Inventory Reduction 40

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 . The North American operation is the top manufacturer in the US cordless market. Operating Margin.

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

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

The Lean Supply Chain

MARCH 22, 2015

o Space—holding places for unnecessary inventory. o Inventory—inactive raw, work-in-process, or finished goods. Quality Assurance goes to your suppliers, qualifies them for their quality systems and enables them to ship to a point of use on the production floor to avoid sitting in a warehouse as wasteful inventory.

Agile and Lean Supply Chain 40

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

Arena Solutions

NOVEMBER 4, 2022

Angenette has more than 24 years of experience in quality assurance, quality control, Lean Six Sigma, and supply chain. How do you ship material, get it across, and then once you’re in the U.S., This is where good specifications, good records, good documentations, manufacturable designs, all are needed and come into place.

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.

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.” This both reduces the risk of error and improves speed to create a smoother shipping process.

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