Unleashed

OCTOBER 16, 2023

Every manufacturer knows the importance of raw materials – without them, there’s no final product. Raw material inventory management oversees the procurement, handling, and storage of raw materials. In this guide: What is raw material inventory management? Let’s dive in.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

USC Consulting Group

MARCH 27, 2023

What’s on the road ahead for consumer goods manufacturing? Here are some trends affecting the consumer goods manufacturing industry today: Consumer Goods Manufacturing Trends Challenges remain on the road ahead, but the ride is getting smoother. Supply chain woes. Geopolitical instability. No, it’s not over yet.

Consumer Goods 40

Consumer Goods Manufacturing Procurement Six Sigma Purchasing Skills 40

SCMDOJO

FEBRUARY 19, 2024

Over the years, various methodologies have emerged to address this need, including lean manufacturing, Six Sigma, and the integration of both known as Lean Six Sigma (LSS). Understanding Lean and Six Sigma Lean and Six Sigma are two powerful methodologies aimed at enhancing organizational efficiency and quality.

Six Sigma 80

Six Sigma Optimal Sourcing Continuous Improvement Agile and Lean Supply Chain 80

USC Consulting Group

NOVEMBER 29, 2021

Imagine a scenario in which there is unprecedented demand for the products you manufacture, but disruptions in the supply chain are making it difficult, if not impossible, to meet that demand and even if you do, logistics bottlenecks are preventing them from getting where they need to go. ” What medical device manufacturers can do now.

Six Sigma 40

Six Sigma Inventory Reduction Waste Reduction Resource Reduction 40

SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

Inventory Reduction 93

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 93

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

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

Logility

MAY 1, 2019

Just about every member of the management team was a Lean 6 Sigma Black Belt and many had attained a level of Master Black Belt. As Director of Logistics and Planning, part of my responsibilities were to manage our relationships with outsourced manufacturing partners including quality. A History Lesson. Applications.

Agile and Lean Supply Chain 102

Agile and Lean Supply Chain Supply Chain Planning Software Lean Six Sigma 102

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

In extreme cases, firms simply state that a product comes from one country when, in actual fact, it was manufactured in a country that is impacted by the higher tariff being imposed. Alternatively, you may want to relocate – totally or in part – where your product is manufactured. This practice is illegal. Free trade agreements (FTAs).

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

GlobalTranz

JANUARY 8, 2016

We conclude this two part series about manufacturing operations excellence by consultant Chuck Intrieri, by outlaying why manufacturers should focus on a critical component that will help sustain manufacturing operations excellence for years to come. What is Driving Sustainable Manufacturing Operations Excellence?

Manufacturing Procurement 120

Manufacturing Procurement Eliminating Excel in Purchasing Supply Chain Planning Software Manufacturing 120

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

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

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

ToolsGroup

AUGUST 8, 2019

A recent, typical job ad for a demand planner lists technical criteria including APICS and Six Sigma certification, alongside “negotiation, communications, and presentation skills”. . It used these categories to optimize inventory replenishment plans, raising service levels while reducing inventory costs by 18 percent. .

Negotiating Skills 185

Negotiating Skills Supply Chain Planning Software Supply Chain Software Modeling 185

Supply Chain Opz

JANUARY 3, 2022

He also co-authored 5 logistics and supply chain books and supervised many six sigma and lean projects. Prior knowledge of lean manufacturing is required. Goldsby is an award-winning professor and Chair in Logistics at the Haslam College of Business, University of Tennessee-Knoxville. Our Rating: 4.9/5

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

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

SCMDOJO

JUNE 6, 2023

In this article, we will explore six of such supply chain tools that will revolutionize your workflow, ultimately saving you up to 30 hours of valuable time! Efficiently managing inventory is crucial for maintaining optimal cash flow and meeting customer service expectations.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 94

Supply Chain Opz

JANUARY 29, 2020

Books We Recommend - Purchasing Book - Six Sigma Books - Operations Management Book - Inventory Control Book - Lean Books - International Business Book Last review and update: January 30, 2020 Obsolete and out-of-print books are not included. Editor's decision is used to finalize the list of the best books. -

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 100

SCMDOJO

NOVEMBER 17, 2023

Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc. Professionals in this field often find themselves venturing into manufacturing, IT, technology, ERP systems, and even commercial roles. Eight core competencies stand out, encompassing crucial aspects of SCM.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 74

Supply Chain Opz

JULY 15, 2018

Those people you are dealing with every day is actually your "internal customer" (as in lean manufacturing or six sigma initiatives.) . - In virtually every company, you have to deal with other departments. If a company doesn't run in sync, this might hurt the service you provide to your external customers.

Customer Service 100

Customer Service Six Sigma Agile and Lean Supply Chain Purchasing Skills 100

Enterra Insights

JULY 25, 2018

In today’s data rich environment, companies are racing to employ advanced analytics and insights as the mechanism to drive sustainable competitive advantage, the same way that they used Lean manufacturing and Six Sigma quality capabilities to separate themselves from the competition. COST: $995. REGISTER HERE BUTTON.

Six Sigma 100

Six Sigma Supply Chain Planning Software Optimization Software Expense Reduction 100

synchrono

OCTOBER 18, 2016

Lean Manufacturing relies heavily on trusted relationships with suppliers and pre-negotiated terms of engagement. An eKanban Pull-based inventory replenishment system monitors that each aspect of the service level agreement is being met by the supplier in real-time. Eliminating inventory waste. Pull Manufacturing with Kanban.

Manufacturing Procurement 40

Manufacturing Procurement Agile and Lean Supply Chain Demand Planning Software Optimization Software 40

AB&R

MARCH 4, 2022

Warehouse receiving impacts all aspects of operations, from inventory management to logistics. Replacing fixed workstations with mobile receiving carts also frees up valuable warehouse space, which can help boost dock-to-stock cycles and eliminate bottlenecks in inventory management. Inaccurate inventory data.

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 64

Inventory Reduction Optimal Sourcing Expense Reduction Vendor Strategies 64

SCMDOJO

JUNE 21, 2023

SCaaS will guide companies to achieve strategic value by improving Manufacturing as a Service, Fulfillment as a Service, and Warehousing as a Service. Supply Chain as a Service (SCaaS) is a new approach to managing the complex process of getting products from manufacturers to consumers. In a study conducted by Nicholson et al.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 94

ToolsGroup

AUGUST 8, 2019

A recent, typical job ad for a demand planner lists technical criteria including APICS and Six Sigma certification, alongside “negotiation, communications, and presentation skills”. . It used these categories to optimize inventory replenishment plans, raising service levels while reducing inventory costs by 18 percent. .

Negotiating Skills 120

Negotiating Skills Supply Chain Planning Software Supply Chain Software Modeling 120

Enterra Insights

AUGUST 10, 2018

In today’s data rich environment, companies are racing to employ advanced analytics and insights as the mechanism to drive sustainable competitive advantage, the same way that they used Lean manufacturing and Six Sigma quality capabilities to separate themselves from the competition. When : 16-17 September 2018. Speakers.

Six Sigma 100

Six Sigma Supply Chain Planning Software Optimization Software Expense Reduction 100

synchrono

MARCH 19, 2018

A few years ago, Aberdeen Group did a study that showed that 63% of “best in class” manufacturers still used spreadsheets for planning. Otherwise, why would you still be having such a hard time synchronizing inventory and production to demand? Of course, spreadsheets come with their own set of issues. Grounding Planning in Reality.

Forecasting Software 60

Forecasting Software Supply Chain Planning Software Inventory Reduction Demand Planning Software 60

Loop Supply Systems

JULY 21, 2016

Eliminating Your Excess Inventory. Excess inventory is experienced by nearly every manufacturer – and it’s a big problem. Inventory is one of the 7 Lean Mudas (Japanese term for ‘waste’). COST OF EXCESS INVENTORY. Now think about all of your inventory. ROOT CAUSES. Poor safety stock calculations.

Inventory Reduction 40

Inventory Reduction Waste Reduction Cost Reduction Strategies Resource Reduction 40

The Lean Supply Chain

FEBRUARY 15, 2015

I interviewed Chuck Intrieri who discussed Why Lean Fails in Manufacturing, Distribution or Service Industries. This is Six Sigma. If you add Lean to Six Sigma (Lean Six Sigma or LSS) you obtain quality at a faster throughput to the customer. Lean is not a project. Lean is not a set of tools.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Lean Six Sigma Logistics Network Optimization Software 40

Kinaxis

FEBRUARY 22, 2019

to discuss vehicle customization by original equipment manufacturer (OEM) automakers and its impact on the supply chain of the future. And then there was a McKinsey article, which commented recently, that in the next four years, India would be the third biggest manufacturer , just lagging after China and the US. Dustin’s key takeaways.

Supply Chain Design Software 170

Supply Chain Design Software Supply Chain Planning Software Supply Chain Optimization Supply Chain Design 170

SCMDOJO

APRIL 4, 2023

This means tracking everything from customer relations to inventory management, financial investments, transportation and delivery processes, and workflow processes. Examples of such analyses include the performance of a supply chain or the inventory levels of a warehouse. What are some examples of Supply Chain Analytics?

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

Logistics Viewpoints

APRIL 29, 2021

Inventory and Labor Planning. Inventory slotting and labor management systems are both traditionally based on static models that are highly effective and accurate, but which require significant effort to maintain and adapt to changes in the facility or business.

Optimal Sourcing 150

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

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

The Logistics & Supply Chain Management Society

JULY 16, 2023

These technologies have the potential to automate processes, improve forecasting accuracy, optimize inventory management, and enhance decision-making capabilities. The emergence of disruptive technologies like artificial intelligence, machine learning, and robotics will revolutionize supply chain operations.

Agile and Lean Supply Chain 130

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

Supply Chain Shaman

JANUARY 31, 2017

There are many techniques–lean, six sigma, Total Quality Management–but, the over-arching focus is on managing and reducing costs. Only 12% of public companies are making improvement during the period of 2009-2015 in both operating margin and inventory despite spending an average of 1.7%

Cost Reduction Strategies 90

Cost Reduction Strategies Inventory Reduction Six Sigma Agile and Lean Supply Chain 90

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 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235