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Six Sigma Tools and Inventory Management

EMERGE App

Growing up in the 1990s, you might have heard the term “Six Sigma” at the dinner table or in the news. In reality, Six Sigma aims to keep product variation and thus defects to a minimum. At first glance, there may not be much synergy between Six Sigma and inventory management. What is Six Sigma?

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Continuous Warehouse Optimization and The DC Technology Gap

Logistics Viewpoints

But there is a technology gap between gleaming new automated facilities and tens of thousands of existing warehouses and distribution centers that pre-date the warehouse building boom of the past 5-10 years. These changes pose a direct challenge to their traditional operating priorities and technology strategies.

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5 Best Logistics Books to Keep Within Reach

Supply Chain Opz

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. Our Rating: 4.9/5

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Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

Product strategies. Operational strategies. This strategy, however, may incur additional warehousing and storage costs, and firms may experience accounting challenges where an inventory is considered an asset, which could affect cash flow. Supplier strategies. Business model strategies. Reclassification.

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Real-World Scenario: Best Practices for Warehouse Contracts: Part One

GlobalTranz

When it comes to the logistics industry, whether it's transportation management contracts or warehouse contracts, there are a million moving parts, and as many questions. In the below is a real world example of a consultant coming to a third party logistics company with the goal of choosing a warehouse and 3pl provider.

Modeling 194
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Warehouse Cost Savings: 5 Key Areas of Focus and 13 Practical Objectives

GlobalTranz

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. 5 Key Areas to Focus on in the Pursuit of Warehouse Cost Savings. Revise your labor scheduling strategy.

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11 Effective Process Improvement Techniques in Manufacturing

Unleashed

Six Sigma Six Sigma’s methodology was developed in the 1980s by a scientist at Motorola. The Six Sigma concept says that all processes in an organisation can be measured and optimised for improvement using a statistical benchmark. In addition to the Six Sigma concept is Lean Six Sigma.