The Lean Supply Chain

FEBRUARY 13, 2015

Introduction Lean supply chain management is not exclusively for those companies who manufacture products, but by businesses who want to streamline their processes by eliminating waste and non-value added activities. Procurement. Businesses are looking to new technologies to assist them in improving procurement processes.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Lean Manufacturing Procurement Waste Reduction 40

GlobalTranz

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.". The Seller went forward and manufactured and shipped the two piping units, accompanied by an invoice.

Negotiate Pricing 120

Negotiate Pricing Manufacturing Procurement Optimal Sourcing Purchasing Skills 120

Logility

AUGUST 25, 2020

Failed SCM implementation causes shipping errors. WMS failure causes Adidas to under ship by 20%. Management must be cognizant of issues of procurement, manufacturing, inventory, and distribution that impact satisfaction and loyalty. Lean organizations focus on eliminating waste in their supply chain at every stage.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel! Why do you need a structured Supply Chain Department?

Optimal Sourcing 79

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 79

SCMDOJO

DECEMBER 14, 2023

Studies say that 25% of customers won’t buy something unless it can be shipped in two days or less. This total time can be further categorized into key components: Procurement Lead Time: This dimension, situated in the upstream supply chain, covers the duration from placing an order to receiving it.

Inventory Reduction 80

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 80

BlueYonder

MAY 14, 2021

A good logistics procurement solution can help customers navigate through these challenges by balancing contracted capacity versus SPOT/digital freight brokerage. Historically, inventory was always to blame for higher holding costs and led to companies wanting to run a lean supply chain.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Price Reduction Agile and Lean Supply Chain 52

Proxima

JULY 27, 2023

Whilst others will focus on whether the size and shape of the Armed Forces are right, here, we will focus on UK defence procurement and some of the necessary shifts in commercial and procurement strategies. Resilience can be applied to defence procurement and supply chain, but this requires a unique and holistic approach.

Analysis 52

Analysis Ukraine Agile and Lean Supply Chain Optimal Sourcing 52

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. 50% of revenue shipped takes place in the last 3 days of the quarter. ” To cope with this hockey stock effect, EMC has a highly lean and flexible manufacturing facility.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain Lean Manufacturing Procurement Supply Chain Design 60

Freightos

APRIL 27, 2023

As more data sources get legible, whether it’s container ship movements, eAWBs or carrier rates , it can have incredible ramifications. I’ve heard anecdotes from the past two years of SVPs at multinational companies needing to sign off on spot procurement but the degree of interest executives are now showing is impressive.

Freight 156

Freight Data Prescriptive Analytics Software Negotiating Skills 156

Logistics Viewpoints

AUGUST 11, 2022

These sources may include electronic logging devices, telematics networks, mobile devices, RF devices, and GPS information from automatic identification systems for ship locations and NORAD for aircraft positioning. This may include decision-makers from IT, finance, operations, sales, and procurement. Rely on Professional Assistance.

Supply Chain Planning Software 232

Supply Chain Planning Software Forecasting Software Logistics Network Optimization Software Supply Chain Network Software 232

The Logistics & Supply Chain Management Society

APRIL 26, 2022

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. Greener Shopping and Shipping: The Rise of Carbon Neutral e-Commerce Delivery. MORE FROM THIS EDITION.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

GlobalTranz

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. How do you know you are getting what you paid for?

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Logistics Bureau

DECEMBER 4, 2023

The picking system works because Amazon sells directly to consumers, so it rarely ships pallets or even sealed cases of any SKU. It was exalted worldwide and became a model for enterprises aspiring to achieve lean supply chains. Over the course of around 15 years, the company perfected the strategy. What Next for Toyota IM?

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

4WL Consulting

JULY 8, 2015

The previous decade has seen many companies, mainly those handling manufacturing operations, change how sourcing of direct materials is executed – from an administrative function to a somewhat strategic procurement approach that has seen the creation of a new position “the Chief Procurement Officer.”

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Optimal Sourcing 100

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

IDC also forecasts that by 2023, 30 percent of Asian enterprises will ship freight using a SaaS-enabled platform, resulting in improved efficiencies in load matching and reduced shipping costs. The concept of asset-less state refers to creating a supply chain that is as lean as possible.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

EC Sourcing Group

OCTOBER 26, 2021

However, the use of information technology in supply chain management has streamlined the world of procurement and purchasing through supply chain management, cloud software, and other types of IT that help boost supply chain efficiency. Logistics and shipping management. Cost reduction. These include: Forecasting.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Inventory Management Software Analytics Software 52

SYSPRO Smarter ERP

MARCH 31, 2022

Just about every supply chain will be affected by this crisis, for example, with fuel prices surging although there is no shortage yet, there’s risk in supply and shipping routes being cancelled or diverted. We should all be well versed by now to know that we can expect a ripple effect throughout global trade. Supply chain challenges.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Disruption Supply Chain Design Software Supply Chain Planning Software 105

Kanban Logistics

SEPTEMBER 20, 2023

With these services, your 3PL partner can perform – within the warehouse – many services that go beyond basic pick, pack and ship. Third-party procurement. Your 3PL can procure boxes, nuts, bolts, and other consumable parts and materials, store and manage that inventory, and invoice you only for the parts you need, when you need them.

Warehousing 52

Warehousing 3PL Logistics Network Optimization Software Manufacturing Procurement 52

Kanban Logistics

AUGUST 13, 2020

This includes the procurement and delivery of the parts used to build the finished product. Third-party procurement. Right now, your buyers probably spend a good percentage of their time negotiating with, and procuring goods from, makers of boxes, nuts, bolts, and other consumable parts and materials. What is inbound logistics?

3PL 98

3PL Manufacturing Procurement Logistics Network Optimization Software Material Savings 98

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! Drop shipping is another great example. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Waste Reduction 91

Waste Reduction Inventory Reduction Cost Reduction Strategies Material Savings 91

Elementum

MAY 19, 2022

The 50’s saw the development of “containerization” which enabled intermodal (ship, rail, air, truck) transport. In the 90s, new operating philosophies – like Lean and Just-in-Time – ushered in an era of efficient supply chains. However, with more global challenges (e.g. tariffs, natural disasters, localization, etc.),

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 78

AFFLINK

MARCH 29, 2017

In recent years the evolution of the green supply chain or green procurement, have become incredibly popular. Implementing green procurement practices can seem overwhelming. In a related move, UPS, the shipping and logistics company, recently added 700 18-wheeler trucks powered by liquefied natural gas (LNG).

Waste Reduction 48

Waste Reduction Resource Reduction Material Savings Agile and Lean Supply Chain 48

SYSPRO Smarter ERP

MAY 10, 2022

This should also integrate with inventory management and procurement so that goods are ordered in time and there is visibility over stock items. When a sale occurs, the information will be transmitted to the warehouse to reserve components for the sale so that assembly and shipping is quicker.

Manufacturing Procurement 111

Manufacturing Procurement Procurement Solutions Optimal Sourcing Inventory Management Software 111

NC State SCRC

MARCH 25, 2021

By now many of you have heard about the “Ever Given”, which has been stuck in the Suez Canal since Tuesday, and is blocking all container ships trying to get through with their cargo. For many years, as we moved to low cost countries, the shipping industry benefited. It may take weeks, by some estimates.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Cargo Waste Reduction Material Savings 52

Unleashed

AUGUST 20, 2023

In a survey of 1,000 organisations, 74% of respondents in the US reported delays in shipping and longer lead times during the coronavirus pandemic. It includes everything from the procurement of raw materials to production, inventory management, and shipping. Here are a few of the most useful ones.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

ShipBob

JANUARY 17, 2022

Supply chain execution refers to the process of driving the flow of goods within the supply chain – starting from procurement all the way through final-mile delivery. This may include production planning to decide on manufacturers and suppliers, as well as developing procurement strategies based on forecasted demand and production lead times.

Supply Chain Execution 52

Supply Chain Execution Supply Chain Planning Software Optimal Sourcing Supply Chain Software 52

SYSPRO Smarter ERP

APRIL 13, 2022

Even before the pandemic, global supply chain were fragile thanks to factors such as the US-China trade war, less efficient shipping routes and a huge drive to cut costs by consolidating loads. Put your logistics, supply chain and procurement teams on high alert for computer viruses and increased phishing attempts.

Supply Chain Planning Software 111

Supply Chain Planning Software Price Reduction Cost Reduction Strategies Material Savings 111

Supply Chain Opz

NOVEMBER 9, 2014

That said, implementing Lean concepts would undoubtedly be part of that strategy, for example, - Lean Warehousing : Many firms (both retailers and manufacturers) are now aggressively rolling out Lean in their warehouse operations. Work with your broker to see if you can get priority on unloading the ship and inland transport.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. MAERSK the integrated shipping company, for example, has implemented RPA to achieve significant ROI.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Logistics Bureau

NOVEMBER 1, 2021

Does your supply chain depend on container freight shipping? However, even with a consulting team on your side, it’s crucial to ensure your managers responsible for procuring shipping services understand the current container freight landscape and issues at hand. Sky-high shipping fees. Reduced shipment visibility.

Forecasting 77

Forecasting Negotiating Skills Cost Reduction Strategies Freight 77

OptiProERP

DECEMBER 9, 2022

High-tech electronic devices change rapidly as a result of innovations and product updates, so electronics manufacturers need to be lean and efficient. Electronics manufacturers require effective inventory control so products can be manufactured as needed and shipped on time. Avoiding overproduction and waste.

Manufacturing Procurement 52

Manufacturing Procurement Electronics Optimal Sourcing Supply Chain Planning Software 52

Elementum

SEPTEMBER 30, 2021

We talk about supply chain as though it’s one thing when really it’s a combination of several different disciplines: procurement, planning, manufacturing, logistics, distribution, operations, customer service. It’s great if you love manufacturing, try logistics; try procurement; try planning. Build a strong base.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Planning 147

Veridian Solutions

JANUARY 29, 2020

Limited visibility in procurement. Key indicators that your strategy is working include: Strong, Lean Inventory. It ensures that your goods are secure and protected while enabling you to track what is available to ship to your customers. Smooth Shipping Processes. Free Shipping. Higher freight spend.

Inventory Reduction 58

Inventory Reduction Expense Reduction Cost Reduction Strategies Material Savings 58

ModusLink Corporation

DECEMBER 13, 2022

US-based consumers evaluate pricing on every purchase, including considering the shipping costs associated with e-commerce. Warehouse and distribution managers and procurement professionals will need to start thinking about managing the customer experience better. Container shipping to hit bottom in mid-2023, forecasts HSBC.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

SCMDOJO

DECEMBER 18, 2023

The report makes it easy to decide how to ship things and get input from your planning teams and suppliers. This gauges the responsiveness and effectiveness of the procurement process. Emergency Response Time: Assess the efficiency of emergency response by evaluating the time taken to procure.

Inventory Reduction 64

Inventory Reduction Optimal Sourcing Expense Reduction Vendor Strategies 64

SCMDOJO

MARCH 8, 2024

Strategies such as avoidance of early shipments, drop shipping, and setting stock targets for key suppliers can further enhance efficiency and profitability. Let’s explore the pros and cons: Pros: Reduced Lead Time: Implementing blanket orders can significantly reduce lead times, allowing for faster procurement and delivery of goods.

Inventory Reduction 83

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 83

GlobalTranz

APRIL 25, 2016

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. Staying abreast of the state-of-the art in Supply Chain Management : extended Lean initiatives in the Supply Chain, Robotics, and Voice of the Customer (VoC) to improve Supply Chain performance. Read more. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120