SCMDOJO

AUGUST 16, 2023

Among these strategies, the role of supply chain capability stands out as a key factor in driving success. A well-optimized supply chain not only ensures efficient delivery and cost-effectiveness but also provides companies with a competitive advantage in the market.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

Supply Chain Opz

JANUARY 3, 2022

The Supply Chain Revolution: Innovative Sourcing and Logistics for a Fiercely Competitive World Pros: This book will show you how to plan and execute sourcing strategies like the world's leading companies. Author Credentials: Suman Sarkar is a supply chain consultant with more than 20 years of experience.

Logistics Network Optimization Software 130

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

Supply Chain Shaman

AUGUST 11, 2014

Over the course of the last two years, we at Supply Chain Insight s have worked on a methodology to gauge supply chain improvement. We named it the Supply Chain Index. We have found that supply chain metrics are gnarly and complicated.During Background on the Supply Chain Index.

Case Study 286

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

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

Unleashed

AUGUST 14, 2023

Different disciplines are required to facilitate efficient production management processes including scheduling, planning, process improvement, production inventory management, and quality control. Maintain par levels of raw materials and inventory stock used to produce your goods. Estimate budgets for parts and labour.

Inventory Management Software 52

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

Unleashed

MARCH 24, 2024

Reduced costs: Reducing waste, upping productivity and managing inventory better lead to lower costs and better cash flow. When combined with lean practices, it becomes Lean Six Sigma. Six Sigma uses the DMAIC cycle to collect data on business processes then use evidence-based decision making to reduce variation and defects.

Six Sigma 52

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

GlobalTranz

OCTOBER 27, 2015

Let's talk about the outputs, or desired metrics worth measuring, in each category of what a logistics company might provide. Implementing and sustaining LEAN initiatives : 5S, Kaizen, Kanban and LEAN Six Sigma to bring value to the customer and go beyond their expectations. Consider Six Sigma quality will be used and measured.

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

Supply Chain Opz

JUNE 1, 2014

Professionals in supply chain management use various methods to identify best practices to improve the operations. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

Case Study 239

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

GlobalTranz

OCTOBER 21, 2015

This is the first post in an ongoing series on effective KPI management from third party logistics consultant, Chuck Intrieri, of The Lean Supply Chain. . For example: Inventory Record Accuracy has to be 98-100% accurate daily. All KPIS have metrics to measure. What is a Service Level Agreement (SLA)?

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

AB&R

MARCH 4, 2022

Warehouse receiving impacts all aspects of operations, from inventory management to logistics. By adding mobility to the warehouse receiving process , supply chain leaders can eliminate wasted movement and data entry errors. Inaccurate inventory data. These restrictions can harm worker morale and productivity.

Waste Reduction 52

Waste Reduction Inventory Reduction Warehousing Six Sigma 52

Supply Chain Opz

SEPTEMBER 1, 2018

To compare both books to find the best book for beginners, we will use 6 performance criteria under 3 categories as below, - Book Performance: this is the same as an article-level metric. Sales Performance: two metrics are used to judge the sales performance of both books, namely, "Amazon Sales Rank" and "Best Seller Award."

Negotiating Skills 100

Negotiating Skills Purchasing Skills Buyer Training Six Sigma 100

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company.

Logistics Network Optimization Software 90

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

Requis

NOVEMBER 18, 2020

Supply chain optimization consultant, author, and podcaster Marcia Williams has been working in supply chain since 2004. On episode 18 of Supply Chain Next, Marcia talks with host Richard Donaldson about what works and what doesn’t when it comes to digital transformation. ?. I use finance to show the value.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 52

The Logistics of Logistics

OCTOBER 8, 2012

Chuck specializes in Supply Chain Optimization, Third Party Logistics (3PL) and International Purchasing and Importing Consulting. He also writes for THE GOOD WORD, LinkedIn and other Supply Chain Blogs. Chuck Intrieri is the owner of Charles M. Intrieri Consulting in Orange County, CA.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

Logistics Bureau

NOVEMBER 16, 2020

So, you are thinking about a career in supply chain? While this article is intended as an evergreen resource, to help you navigate in your search for a supply chain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality.

Supply Chain Planning Software 96

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

GlobalTranz

JANUARY 4, 2017

Customer metrics. Lean is DAILY continuous improvement, pull systems to reduce inventories (versus push that increases inventory), Lean Six Sigma to improve quality to.003 Quality: Does customer/shipper want Lean Six Sigma Quality or Accepted Quality Levels (AQL)? KPIs Question 1. 3PL Answer 1.

Modeling 194

Modeling Negotiating Skills Cost Reduction Strategies Scenario Planning 194

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

Enterra Insights

DECEMBER 12, 2019

Columbus writes, “Cycle Time quantifies the amount of elapsed time from when an order is placed until the product is manufactured and entered into finished goods inventory. Cycle Time is a predictor of the future of manufacturing as this metric captures improvement made across systems and processes immediately.”

Analytics Software 100

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

Logistics Bureau

JANUARY 19, 2016

Whatever your supply chain role might be, monitoring and controlling costs is almost certain to be an important area of responsibility for you. Cost blowouts are something that can happen to the biggest and best of supply chain organisations. The problem is usually created by holding too much static inventory.

Supply Chain Planning Software 40

Supply Chain Planning Software Cost Reduction Strategies Negotiating Skills Agile and Lean Supply Chain 40

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

Kinaxis

DECEMBER 3, 2014

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #3 Not having end-to-end supply chain visibility. Reason #4 Making key decisions by modelling the supply chain in Excel. Reason #6 Not effectively managing inventory.

Expense Reduction 250

Expense Reduction Procurement Analytics Cost Reduction Strategies Metrics 250

Unleashed

JULY 23, 2023

KPIs in manufacturing are quantifiable production metrics used by manufacturers to measure production performance over time. Ways to enhance your order cycle time include: Understanding order profiles Reallocating resources to the areas of greatest activity Reducing travel time Prioritising inventory replenishments 2.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

Unleashed

MARCH 30, 2022

What metrics can you use, and what system will supply the data reliably? To do so, we determine our standard deviation, and then use Six Sigma methodology to turn those into upper and lower limits. What is Six Sigma? In mathematical terms, Six Sigma quality means a process will produce only 3.4

Manufacturing Procurement 98

Manufacturing Procurement Six Sigma Inventory Management Software Manufacturing 98

Supply Chain Game Changer

NOVEMBER 11, 2018

At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “Seasoned Leadership in Action” Interview series at Supply Chain Game Changer. I consider Paul to be an elite Supply Chain leader.

SCM 43

SCM Supply Chain Planning Software Buyer Training Supply Chain Software 43

ThroughPut

JUNE 14, 2019

Inventory as a liability and not an asset was a big epiphany for impacting cash flows. This was as true as in hydraulic fracturing in 2011 as it was in managing telecommunications finished goods inventories in 2019. Every time I have leveraged existing data, I have made a professional impact in my company’s supply chain.

Resource Reduction 40

Resource Reduction Supply Chain Design Software Supply Chain Network Software Analytics Software 40

Talking Logistics

OCTOBER 17, 2016

Author’s Note: Below is an excerpt from Moving Up the Supply Chain Maturity Curve: The Process Industry Executive Agenda for 2016 and Beyond , a white paper published earlier this year by Elemica with research conducted by Adelante SCM. How do you reduce supply chain complexity, or at least slow its growth?

Waste Reduction 100

Waste Reduction Agile and Lean Supply Chain Six Sigma Supply Chain Optimization 100

Logistics Bureau

JULY 18, 2022

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.

Inventory Reduction 88

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction Strategies 88

ThroughPut

JUNE 14, 2019

Inventory as a liability and not an asset was a big epiphany for impacting cash flows. This was as true as in hydraulic fracturing in 2011 as it was in managing telecommunications finished goods inventories in 2019. Every time I have leveraged existing data, I have made a professional impact in my company’s supply chain.

Resource Reduction 40

Resource Reduction Inventory Reduction Waste Reduction Supply Chain Design Software 40

GlobalTranz

MAY 6, 2015

Top management knows that lean can add value , but many still haven’t moved past the initial education stage into full-scale lean supply chain implementation. The Lean Supply Chain is a system of interconnected and interdependent partners that operate in unison to accomplish supply chain objectives.

Agile and Lean Supply Chain 120

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

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 Shaman

NOVEMBER 14, 2016

Financial balance sheet improvements cannot be driven by traditional supply chain processes. In the words of a supply chain leader yesterday, “Lora, please give me stories of success. When I first met Nick, he was driving a supply chain transformation at VTech Communications. Inventory Turns.

Supply Chain Planning Software 150

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

Supply Chain Shaman

OCTOBER 7, 2012

Your supply chain needs to be agile too. The best supply chains are also designed for purpose. For the purpose of this discussion, I define agility as the design of the supply chain to deliver the same cost, quality and customer service given a level of both market volatility and process variability.

Supply Chain Design Software 226

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

SCMDOJO

MAY 10, 2023

When integrating an ERP system, companies often find themselves grappling with the task of harmonizing their inventory, supplier, product, and customer databases. Data Accuracy measures data quality with consideration to key metrics like its accuracy, totality, and reliability. What is ERP Master Data?

Optimal Sourcing 122

Optimal Sourcing Government Quality Supply Chain Design Software 122

The Lean Supply Chain

MARCH 22, 2015

Cost Reduction Options: Top Managementknows that lean can add value, but many still haven’t moved past the initial education stage into full-scale lean supply chain implementation. The Lean Supply Chain is a system of interconnected and interdependent partners that operate in unison to accomplish supply chain objectives.

Agile and Lean Supply Chain 40

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

Kinaxis

FEBRUARY 17, 2015

by Matt Benson If your 3PL supply chain problem was to deliver 400,000 items daily from supplier to customer and your on-time in full metric was a six-sigma target standard of 1 failure per million, how would you do it? The common themes we are hearing are: Inventory cost reduction. Scenario planning.

Pharmaceutical 100

Pharmaceutical Supply Chain Planning Software Modeling Scenario Planning 100

The Lean Supply Chain

AUGUST 5, 2015

More recently, logistics departments in major companies have adopted the idea of writing a service level agreement so that services for their customers (users in other departments within the company) can be measured, justified, and perhaps compared with those of outsourcing network providers.

Negotiating Skills 40

Negotiating Skills Logistics Network Optimization Software KPI Six Sigma 40

SCMDOJO

APRIL 26, 2023

Category Management as a Strategic Procurement Function Category management is regarded as a strategic procurement function as it helps drive value for the organization, such as reduced prices and costs, supply chain risks and timescales and focusing on building supplier relationships.

Procurement Solutions 76

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 76