The Lean Thinker

APRIL 20, 2020

At KataCon 2020, Steve Medland posed a problem that comes up fairly often: The default Toyota Kata process analysis (“grasp the current condition”) involves determining takt times and cycle times for the process, and a lot of processes don’t have an obvious repeating cadence. ” And that is what takt time gives us.

Capacity 361

Capacity Tools Examples Presentation 361

Logistics Bureau

DECEMBER 6, 2024

Products come back in dribs and drabs, not in nearly packaged batches. Reverse logistics, while not being the opposite of forward logistics, is still about products moving backwards in the supply chain. Often, the term reverse logistics is used for products that have already reached the final point of sale or been bought by a customer.

Reverse logistics 74

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 74

MTS Logistics

MARCH 10, 2025

That benefit even goes for fine wine produced by France as well; cheaper wines were very heavily taxed to maintain a slower flow of the product in order to boost the production and sale of beer in Britain. While this slowed the flow of cheap wine into Britain, it also saw the increase in the production of finer wines from France.

After-sales 94

After-sales Course Examples Definition 94

Logistics Viewpoints

MAY 19, 2025

Duncon Angrove, Chief Executive Officer, Blue Yonder What became quite clear over the course of the week was more evidence that the elephant is definitely still in the room, and ICON demonstrated that the rationale for supply chain modernization isnt about a solution provider just trying to sell wares.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 93

IoT World Today

MAY 21, 2020

Shortages for in-demand products abound, while shipment delays are common and production lines run at a fraction of capacity. Supply chains will survive COVID-19, of course, but not without interim pain and structural change. Product supply shortages are also contributing to supply chain distress.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 145

GlobalTranz

FEBRUARY 15, 2017

The Manufacturers Alliance for Productivity and Innovation predicts market use of artificial intelligence will expand 3 percent in 2017, but investments in expansion and development of artificial intelligence will grow 300 percent this year, explains Erin Remaley of Open Arc. The First 5 Manufacturing Tech Trends of 2017. In a Nutshell.

Modeling Software 74

Modeling Software Cost Reduction Optimization Software Trends 74

GlobalTranz

MAY 11, 2015

At the heart of the jobs issues, rests an unusual factor in a growing, stabilizing economy: US production of goods has increased while total number of US manufacturing jobs has decreased. Traditionally, you think of US manufacturing jobs as someone physically involved in the production or creation of a product.

Buyer Training 107

Buyer Training Resource Reduction Factories Course 107

GlobalTranz

JULY 14, 2015

Take a look at how the IoT supply chain is changing the landscape in terms of equipment functionality, shipping processes, invoicing and payments, and analysis of trends. Similarly, the IoT can help ensure machines maintain functionality by stopping production when maintenance is needed. IoT and Machine Functionality.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

FreightWaves SONAR

FEBRUARY 4, 2021

Of course, carriers want their transportation networks to be as profitable as possible. Where a supply chain is weak, analysis and advisory teams can fill in the gaps – seeing the correlations between data points and real-time load operations and profits highlights potential problem areas.

Waste Reduction 98

Waste Reduction Data Expense Reduction Cost Reduction 98

Logistics Bureau

DECEMBER 22, 2024

Of course, the big challenge in this type of external benchmarking is obtaining the necessary data, since many companies are wary of sharing performance data with potential competitors. Of course, its also possible to add further tiers for even more granularity, but again, the more levels you have, the more complex your KPI solution.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Logistics Bureau

NOVEMBER 14, 2018

Even if you simplify your product range and your upstream suppliers, you still have to deal with the ramifications of diverse customers, their expectations, their location and the logistics needed to meet their requirements. It costs you a certain amount to make a product. You then set a sales price for that product.

Purchasing Skills 93

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 93

Logistics Business Magazine

MARCH 17, 2023

Although the company’s operators were used to hydrostatic controls, a short refresher course enabled them to switch seamlessly to the automotive-style pedals of the Mitsubishi GRENDiA models. The post Forklift Fleet Keeps Productivity High for 3PL appeared first on Logistics Business® Magazine.

3PL 55

3PL Production Multimodal transport Modeling Software 55

Material Handling and Logistics

AUGUST 31, 2018

Of course, the investment is intended to impact the bottom line, but when employees feel that their organization cares about them and wants to make their lives better, they want to reciprocate and are more invested in the organization’s success. To simplify the issue, just think about how you can help current employees be successful.

Supply Chain Design Software 145

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 145

Ship Monk

JUNE 20, 2022

And, of course , that the page they’re on is informed, thorough, and forward-thinking. Who knows, by this time next year you could be talking palettes and product lines with the best in the business at one of our 2023 summits.

3PL 98

3PL eCommerce Supply Chain Software Procurement Solutions 98

Logistics Bureau

MAY 31, 2021

The tips in this article will help you know how to identify the customers, products, and processes that might be inflating your cost to serve (CTS) unnecessarily. For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher. Identifying Cost Elements and Drivers.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

Ship Monk

MAY 20, 2021

Of course, we couldn’t let our entrepreneurial free spirits miss out on those numbers. Competitive Analysis. A competitive analysis is a great way to learn from the greats while also spotting potential structural weaknesses within your own business. #5. Those are all fill-in-the-blanks, of course. ??. #6. Market Research.

How To 96

How To Price Reduction Course Analysis 96

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. To further define it, let’s look at 2 business models: Under the typical business model : When a distributor needs product, they place an order against a manufacturer.

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Logistics Viewpoints

FEBRUARY 28, 2022

In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry. Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” In making demand forecasts, one can look at product history.

Supply Chain Planning Software 142

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 142

Logistics Viewpoints

JULY 18, 2022

Ferguson PLC, value added distributor of plumbing and heating products, came out with their third quarter results on June 14 th. of in-stock products ship the same business day from our DCs; that is best of breed for any industry.” They sell over a million products that range in size from very small copper fittings to 40-foot pipes.

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 122

Logistics Bureau

OCTOBER 9, 2023

Quality and Detail of Data and its Analysis In some of our earlier posts, we’ve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It’s not a short list, so we’ll set it down here as a summary to help you with plans for analysis.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Design Distribution Networks 98

Logistics Bureau

OCTOBER 10, 2022

Indeed, the higher the level of service your company aspires to, particularly regarding product availability, the more inventory you will likely hold. Perhaps you’re confident that you carry a range of products superior to your competitors’ offerings. 2: Forecast Accuracy. 3: Supplier Lead Time.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Modeling Optimization Software 105

Ship Monk

FEBRUARY 9, 2024

As the holiday shopping season reaches its peak, ecommerce business owners everywhere are crossing their fingers, hoping they have enough product in stock and that they didn’t order too much. In truth, demand forecasting, or estimating how much product you’ll sell in the future, is one of the toughest challenges for any ecommerce business.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

GlobalTranz

NOVEMBER 17, 2016

The quantity of each product. Each of these elements more traditionally handles by outsourcing analysis of processes to supply chain consultant. However, rapid growth and diversification of products are making shippers, manufacturers, and suppliers rethink their business strategy. Increasing order efficiency. Demand forecasts.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

Logistics at MPEPS at UPV

FEBRUARY 28, 2019

Doing the research for an Unit Load analysis for products in supermarkets for the logistics course, I came over a really interested, related topic: the product placement in supermarkets. At this level the top sellers are placed, meaning the products that usually are selling themselves very good and are more expensive.

Production 40

Production Expense Reduction Price Reduction Unit loads 40

Logistics Viewpoints

AUGUST 3, 2022

Do they have reason to believe it has run its course? My research process at ARC includes the review and analysis of publicly available information, as well as interviews with corporate executives and market participants to obtain additional “color”. It makes me wonder, are professional investors aware of this growth? percent to 3.79

Supply Chain Software 91

Supply Chain Software Automation Materials Handling Analysis 91

GlobalTranz

MARCH 13, 2015

There are, of course, tactical metrics for accounting functions like viewing open and paid invoices or the ability to identify when shipments are due, but also must include strategic metrics and reports for more in-depth analysis. Lane Analysis. By Carrier On Time Performance. broken down by the current and past (12) Months.

Logistics Network Optimization Software 95

Logistics Network Optimization Software Transportation Cost Reduction Price Reduction 95

Logistics Bureau

JUNE 15, 2017

Do certain products demand different service levels? Of course this requires reliable supply, good demand forecasting, good inventory management, good customer communications and many other elements to be in sync. Move product in bulk as much as possible. What do different groups of customers value? They’re cheaper!

Supply Chains 67

Supply Chains Scenario Planning Inventory Reduction Outbound 67

Ship Monk

APRIL 5, 2024

Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. SRM is more than a one-and-done analysis. Shipping delays, labor shortages, and manufacturing shutdowns can wreak havoc on your business, as can deteriorating product quality. If so, good on you! And the benefits can be significant.

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

10xLogistics

MAY 19, 2013

As you know I have been arguing for a while that while capacity has decreased what has been missed in almost all the analysis is the miniaturization of product resulting in, of course, far less truckloads needed. Well, it appears there is some enlightenment. albeit a bit late.

Sorting 54

Sorting Capacity Course Analysis 54

Logistics Bureau

AUGUST 2, 2021

The price you pay your vendors for their products is a significant factor in your company’s ability to compete in its market. For example, you might use simple observation to identify visible defects at goods-in, or you could make your analysis a bit deeper by testing a percentage of items received from the supplier.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Blue Grace Logistics

JULY 27, 2021

In today’s fast-paced world, there are factors that affect the demand of a product. Approaching a demand analysis with historical data and seasonal variations is no longer competent. The drivers for growth are not simple factors like the price or quality of a product. Every step of the way can use predictive analysis.

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

GlobalTranz

SEPTEMBER 23, 2015

Supply Chain big data is the ultimate compilation of data gathered in the course of business. This includes risk analysis, detailed reports of how a supply chain functions, and even lead generation. Increase of 50% in optimization of inventory and asset productivity. What Is Supply Chain Big Data? Customer Expectations.

Supply Chain Design Software 108

Supply Chain Design Software Supply Chain Software Supply Chain Design Procurement Analytics 108

AIMMS

JULY 15, 2019

When they had a production issue at one of their plants, they were able to quickly simulate the impact of the problem on their volume and EBITDA and decide on the best course of action. Within a few months they moved from spreadsheets and silos to looking at real-ti me scenarios in monthly planning meetings.

Supply Chain Planning Software 107

Supply Chain Planning Software Scenario Planning Modeling Software Gartner 107

WorkWave

JANUARY 20, 2025

This proactive approach results in a significant reduction in operational downtime over the course of a year. By automating data analysis and offering evidence-based recommendations, these tools empower business owners to make informed decisions quickly. Were excited to share more on this later.

Optimization Software 64

Optimization Software Security Data Industry 64

MTS Logistics

AUGUST 14, 2024

Diesel prices are also expected to fall further into the fall and winter seasons as demand drops, and refineries change production formulas for colder weather. Of course, the risk of a port worker strike still looms, but overall, it’s good news on the inflation front.

Supply Chains 109

Supply Chains Course Production Operations 109

MTS Logistics

DECEMBER 3, 2021

Port productivity, along with port capacity must be improved. At the same time, wages are increasing, which is great for workers but also contributes to inflation, as companies must raise prices on their products to offset higher labor costs. These costs are, of course, passed along to shippers through bunker adjustment factors (BAFs).

Supply Chains 104

Supply Chains Scenario Planning Price Reduction Expense Reduction 104

Logistics Business Magazine

AUGUST 6, 2021

This standard specifies the common environmental influences to which products may be exposed during transport in their ready-for-shipment form. The data logger now monitors the transport for environmental conditions of the applied standard and directly indicates deviations in the data analysis.

Data 61

Data Meeting Multimodal transport Cost Reduction 61