The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Feature Article by Dr. Raymon Krishnan – President at the Logistics and Supply Chain Management Society. Although this does not help to avoid tariffs for the components of your product, companies may benefit from decreasing transportation costs as they move final transportation closer to their customers.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc. Eight core competencies stand out, encompassing crucial aspects of SCM.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

Talking Logistics

FEBRUARY 4, 2016

Lean Six Sigma (LSS) thrives on the notion that there is always room for improvement, and it looks to eliminate defects that can hinder the flow of a process from moving toward its performance end goal. Keith Richard is Vice President, Operations, Transportation Management, at Transplace. This experience included leading a $1.5B

Six Sigma 100

Six Sigma Optimal Sourcing Agile and Lean Supply Chain Logistics Network Optimization Software 100

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. Many logistics service providers will provide their customers with an SLA.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

The Logistics & Supply Chain Management Society

JULY 16, 2023

These changes can be caused by factors such as natural disasters, political unrest, trade disputes, or disruptions in transportation networks. The scarcity of skilled professionals in areas such as logistics, procurement, and data analytics can hinder the ability to effectively manage and optimize supply chains.

Agile and Lean Supply Chain 130

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

SCMDOJO

JUNE 21, 2023

This approach allows businesses to focus on their core competencies while leaving the logistics to experts who can optimize the process for efficiency and cost-effectiveness. SCaaS offers a solution by enabling hospitals to engage in strategic procurement, ensuring standardized operations throughout the contract duration.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89

SCMDOJO

AUGUST 21, 2023

Impact on Supply Chain: The realm of Supply Chain has witnessed a profound impact courtesy of Professor Rodriguez, a distinguished Supply Chain Management instructor and seasoned logistics professional. His scope extends to creating procurement content, spanning from foundational concepts like “What is Procurement?”

Negotiating Skills 97

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 97

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

GlobalTranz

JULY 12, 2016

A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. The backbone of Lean Six Sigma methodology, DMAIC ensures sustained, defect-free performance and highly competitive costs.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

SCMDOJO

AUGUST 16, 2023

The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting. By maintaining its own trucking fleet, Walmart gains greater control over transportation and delivery schedules, leading to improved efficiency and timely product replenishment.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

USC Consulting Group

JANUARY 4, 2022

They employ methodologies like Lean Six Sigma, SIOP, the Five Ms and other tactics to uncover what’s bedeviling your operation and create ways to solve those problems. Operations consultants will first look at your current operations model, systems and day-to-day processes of getting the job done.

Sourcing Strategies 40

Sourcing Strategies Manufacturing Procurement Six Sigma Optimal Sourcing 40

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

Supply Chain Game Changer

FEBRUARY 18, 2020

This interview is with Raymon Krishnan, President of The Logistics and Supply Chain Management Society. I then spent 10 years building up my own Logistics consulting business growing it to where we had close to 70 employees. Raymon has over twenty five years experience in the Logistics industry as an end user and service provider.

Supply Chain Design Software 77

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Singapore 77

Logistics Bureau

NOVEMBER 16, 2020

And now let us examine the reasons why a career in logistics offers so much diversity to so many workers. It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 96

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

USC Consulting Group

JANUARY 10, 2022

They employ methodologies like Lean Six Sigma, SIOP, the Four Ms and other tactics to uncover what’s bedeviling your operation and create ways to solve those problems. Operations consultants will first look at your current operations model, systems and day-to-day processes of getting the job done.

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Inventory Reduction 40

SCMDOJO

APRIL 4, 2023

This means tracking everything from customer relations to inventory management, financial investments, transportation and delivery processes, and workflow processes. This involves examining and enhancing processes like sourcing, manufacturing, logistics, inventory management, and delivery.

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

Logistics Bureau

JANUARY 19, 2016

How to fix the problem: Some measures that your company can take to prevent supply chain cost blowouts as a result of inefficiency include: Implement a continuous improvement program, such as lean or Six Sigma. Naturally, there is the direct cost of procuring and holding the inventory. Inefficient use of transportation modes.

Supply Chain Planning Software 40

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

SCMDOJO

FEBRUARY 21, 2024

When it comes to effective and profitable road transport management, it is undeniably crucial you get a reliable 4PL provider to handle your logistics. First, understand the difference between 3PL and 4PL in logistics. 3PLs focus on various logistical areas and topographical locations. What is 4PL?

Logistics Network Optimization Software 66

Logistics Network Optimization Software Logistics Supply Chain Planning Software Agile and Lean Supply Chain 66

Logistics Bureau

DECEMBER 3, 2017

Our blog posts and articles here at Logistics Bureau are almost always written to inform, but this time we’re writing with a request for information. Introductory Supply Chain Topics: We cover the fundamentals of supply chain and logistics management, making SCLA suitable for staff from areas not directly involved in the supply chain.

Education 40

Education Purchasing Skills Buyer Training Supply Chain Design Software 40

The Logistics & Supply Chain Management Society

JUNE 30, 2022

Thereafter I played an integral role in the integration of EGL and TNT Logistics to form Ceva. We then grew to become #2 globally in contract logistics and #4 overall in total supply chain. We managed the supply chain for China’s largest manufacturer with close to US$500m in logistics spend. People make the difference!

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Procurement Solutions Supply Chain Software 130

Supply Chain Game Changer

NOVEMBER 22, 2018

Perfection (Lean principle: Six Sigma) : Continuously refine your inventory management processes to improve quality , cycle time, efficiency and cost (Six Sigma: DMAIC). In the 1980s, the concepts of Total Quality Managements (TQM) and Six Sigma that were advocated for by W. Infographic).

Inventory Reduction 68

Inventory Reduction Agile and Lean Supply Chain Lean Waste Reduction 68

ThroughPut

JUNE 3, 2019

We do it throughout entire industries, enabling leaders to smooth-out their Supply Chains, lean-out their Logistics, optimize their Operations, and maximize their Manufacturing throughput, all with their existing teams and often disaggregated data sources.

Groups 60

Groups Innovation Supply Chain Planning Software Optimal Sourcing 60

Logistics Bureau

SEPTEMBER 25, 2016

You may not wish to benchmark your entire supply chain, but perhaps have a need to improve performance in discrete functions , such as warehousing, distribution centre processes, or transportation. Benchmarking can be used to focus on cross-functional work-streams like order-to-cash, procure-to-pay, or similar cycles.

Benchmarking 40

Benchmarking Supply Chain Planning Agile and Lean Supply Chain Supply Chain Strategy 40

Supply Chain Game Changer

FEBRUARY 6, 2020

Perfection (Lean principle: Six Sigma) : Continuously refine your inventory management processes to improve quality , cycle time, efficiency and cost (Six Sigma: DMAIC). In the 1980s, the concepts of Total Quality Managements (TQM) and Six Sigma that were advocated for by W.

Agile and Lean Supply Chain 66

Agile and Lean Supply Chain Inventory Reduction Lean Waste Reduction 66

6 River Systems

JUNE 26, 2020

These companies are moving operations over to lower-income countries or where they pay far less for labor and shelve taxes as well as logistic costs for raw materials. Also, globalization presents another hydra-headed challenge for your procurement network. Customers also require forecast models that closely match actual sales.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 98