Conger

JULY 20, 2020

Chapter 4: How to Pass Your Forklift Certification Test With Flying Colors. How to Decide If the ‘Operator’s Life’ Is Right for You. Chapter 6: How to Get a Job as a Forklift Driver. Part I: How to Get a Forklift License. How to construct, transport, stack, and unstack loads. Hands-on training and evaluation.

How To 63

How To Buyer Training Training Course 63

Logistics Bureau

NOVEMBER 14, 2018

Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. If profits start to decline afterwards, your CTS data can offer valuable information about what changed and how to get back on track.

Purchasing Skills 93

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

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. Reverse marketing starts first with Value Analysis. What is Value Analysis? Value Analysis, also called Functional Analysis was created by L.D.

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Logistics Viewpoints

JUNE 26, 2023

But how to do this was very ambiguous. Initially, Mr. Beery found the technology intriguing, but he was not sure how to leverage their solution. The root cause analysis skill was developed to identify reasons for customer service level cuts and revenue losses. The analysis was not all that accurate.

Supply Chain Planning Software 85

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 85

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. Detailed cost-to-serve analysis can be complex and time-consuming, so it’s a good idea to break the task down by priority and target specific areas on which to concentrate.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

Logistics Bureau

JANUARY 20, 2025

Step 2: Gap Analysis Customer Requirements and Supply Chain Trends Now you know what your customers genuinely expect from your outbound and reverse supply chain, so its time to undertake a gap analysis. Ideally, though, evaluating your position against competitors should not solely be a KPI benchmarking exercise.

Inventory Reduction 40

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 40

GlobalTranz

OCTOBER 29, 2015

We then followed that with the wildly popular " 7 Strategic Performance Business Practices with 3PL KPIs and 4 KPI Problems to Solve " and shared how to use the S.M.A.R.T. This exercise prompted Whirlpool to question whether having a single logistics provider was the best structure to exceed customer expectations and maximize cost savings.

Case Study 93

Case Study Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 93

Logistics in War

NOVEMBER 13, 2017

Rather than using intuition to inform decisions, people often retreat behind analysis to avoid choosing between difficult options. Even if analysis is used to inform judgements, decisions at the highest level will tend to be intuitive and influenced by a range of factors. This is especially the case with logistics.

Negotiating Skills 77

Negotiating Skills Sourcing Strategies Resource Reduction Military 77

Triskele Logistics

MAY 27, 2018

Whether you are managing them yourself, or have outsourced the management of your supply chain, it's a really good exercise to understand how it all works. Analysis paralysis can slow you down. Don't base your analysis on the rate provided, there are often other charges that need to be taken into consideration.

Cost Reduction 40

Cost Reduction Supply Chain Design Supply Chains Exercises 40

UL EHS- Sustainability

OCTOBER 31, 2019

But the most successful learning and development teams also understand how to measure the success of each training course and react accordingly. A training needs analysis (TNA) will identify where employee training can make a meaningful contribution towards improving performance. When conducting a TNA: 1.

Buyer Training 40

Buyer Training Optimal Sourcing Expense Reduction Cost Reduction 40

Logistics Bureau

DECEMBER 19, 2022

It also stands to reason that when you undertake a slotting exercise, you should think about it from the perspective of these activities. So let’s move on and look at how to do it. Now that we’ve covered the “what” and “why” of warehouse product slotting, let’s progress to the “how.” Product Slotting Tactics.

Production 98

Production Inventory Reduction Cost Reduction Resource Reduction 98

Logistics Bureau

APRIL 4, 2022

Here is an overview of the most valuable benefits: More informed freight spending: Because freight benchmarking involves the analysis of carriers and the rates paid by companies using them, it gives you an evolving picture of clarity about your freight spending. Freight Benchmarking: How to Do it Right.

Negotiating Skills 96

Negotiating Skills Logistics Network Optimization Software Purchasing Skills Supply Chain Planning Software 96

Infosys Supply Chain Management

JULY 31, 2014

Having done some quick primary root cause analysis it was concluded that the increased metal level was the prime reason contributing to the failure. The field engineers claim- We gave all the necessary information for the analysis, were not aware how to decipher the readings against the reference values so could contribute very little.

Case Study 28

Case Study Study Exercises Analysis 28

Logistics Bureau

NOVEMBER 6, 2023

How to Improve Lighting Control It’s common for warehouse spaces to sit under artificial lighting even when or where it’s not strictly necessary. A warehouse benchmarking exercise is an excellent way to start the quest for improvement opportunities. There are several possible ways to eliminate this form of energy wastage.

Cost Reduction 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

Logistics in War

MARCH 23, 2018

Rather than using intuition to inform decisions, people often retreat behind analysis to avoid choosing between difficult options. Even if analysis is used to inform judgements, decisions at the highest level will tend to be intuitive and influenced by a range of factors. This is especially the case with logistics.

Negotiating Skills 57

Negotiating Skills Sourcing Strategies Resource Reduction Military 57

Logistics Bureau

JANUARY 30, 2017

Strange as it may seem, many business leaders don’t have the answers to these questions , because they’ve never conducted an exercise to understand the costs involved with supplying their customers. Management doesn’t know how to act. Do you supply certain products to certain customers at a loss?

Supply Chain Design Software 67

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 67

GlobalTranz

NOVEMBER 30, 2015

After all as Eric Kimberling's analysis of 'leadership lessons' says: “The differing results of manufacturers are due to unique leadership traits of their executive teams.”. This gives them the chance to focus on how to make their business more efficient while still on the train or having breakfast. Think automated - think efficient.

Optimization Software 54

Optimization Software After-sales Exercises ERP 54

Transporeon

MARCH 13, 2017

Read on to learn how to shift from Technophobia (Fear of Technology) to FoMO (Fear of Missing Out). Some suppliers view RFPs as static cost-cutting exercises, which devalue their offering. As companies become leaner and available time becomes scarcer, process automation is the clear solution for busy procurement and supply chain teams.

Sourcing 48

Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 48

Logistics in War

DECEMBER 2, 2019

Rather than using intuition to inform decisions, people often retreat behind analysis to avoid choosing between difficult options. Even if analysis is used to inform judgements, decisions at the highest level will tend to be intuitive and influenced by a range of factors. This is especially the case with logistics.

Negotiating Skills 54

Negotiating Skills Sourcing Strategies Resource Reduction Military 54

Logistics Bureau

AUGUST 1, 2022

The need for any S&OP process to have an executive sponsor who actively participates in the process, albeit only by exercising final approval over plans and, of course, making any decisions that call for executive authority, cannot be overstated. The Executive Sponsor. Excluding Key People or Teams. It all starts with awareness.

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 98

Infosys Supply Chain Management

JANUARY 15, 2015

Having done some quick primary root cause analysis it was concluded that the increased metal level was the prime reason contributing to the failure. The field engineers claim- We gave all the necessary information for the analysis, were not aware how to decipher the readings against the reference values so could contribute very little.

Case Study 20

Case Study Study Exercises Analysis 20

Logistics Bureau

OCTOBER 19, 2017

Another could be simply knowing how to fix the problem rapidly. Rather than just spending time and money on it, they can also learn how to make BCM add to their profit and growth. Risk Assessment and Business Impact Analysis. Making the business impact analysis is the next step. Plan how to handle these if they arise.

Supply Chain Planning Software 45

Supply Chain Planning Software Supply Chain Design Software Supply Chain Design Supply Chains 45

Logistics Bureau

AUGUST 21, 2016

That’s not to say that the following signs and symptoms are harbingers of disaster, but they should certainly prompt a distribution network design review, along with a modeling exercise to check if your outbound supply chain is maintaining that all-important balance between cost and service. How to Act on Network Design Warning Signs.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Design Distribution Networks 40

Automotive Logistics

MAY 24, 2018

“The supplier has to say how it is managing and creating security and we carry out onsite audits.”. Römmele explains that all Continental products go through a threat analysis and risk assessment (TARA). “We Internal guidelines spell out how to address risks and test fixes. Both techniques have advantages.”.

Supply Chain Design Software 50

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Manufacturing Procurement 50

Logistics Bureau

DECEMBER 28, 2024

We’re going to look at reasons why companies outsource, how to choose a third party logistics organization (3PLO), who the main players are, and how to be successful in working with a 3PLO. To assist your analysis, examples of industries are plotted on the matrix. How to Select a 3PLO for Business Process Outsourcing?

Outsourcing 52

Outsourcing Inventory Reduction Cost Reduction Price Reduction 52

Logistics Business Magazine

DECEMBER 11, 2022

For example, brand manufacturers and retailers—are beginning to perform life cycle analysis of their products to ascertain the environmental impacts of the products they sell. Historically, this product ‘footprinting’ exercise was both tedious and expensive. Companies can say, “We’ll just buy it from Nielsen”.

Supply Chain Planning Software 55

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 55

The Logistics Academy

FEBRUARY 13, 2017

Another trend is learning how to deal with the avalanche of data that supply chain managers have at their fingertips. On the more traditional side, evaluating where and how to position inventory to serve both online and brick-and-mortar retail customers is a big logistics issue. It is also an exercise in trade-offs.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

Logistics Bureau

SEPTEMBER 3, 2017

Now, by pooling their data and using the data analysis capability of information services provider Experian, they will have better estimations of normal and abnormally low rates of consumption, and therefore where to check for delivery of power that is not being paid for. Enough time. No properly supportive management.

Collaboration 40

Collaboration Logistics Network Optimization Software Manufacturing Procurement Supply Chain Design Software 40

Logistics Bureau

SEPTEMBER 3, 2017

Now, by pooling their data and using the data analysis capability of information services provider Experian, they will have better estimations of normal and abnormally low rates of consumption, and therefore where to check for delivery of power that is not being paid for. Enough time. No properly supportive management.

Collaboration 40

Collaboration Logistics Network Optimization Software Manufacturing Procurement Logistics 40

GlobalTranz

NOVEMBER 12, 2015

If a vendor fails to deliver product as specified, the vendor may be advised of how future violations will affect contractual obligations. However, you must exercise caution to make sure you do not damage your vendor-shipper relationship. Furthermore, such methodology can be applied to vendor relationships. Metrics and KPIs.

Data 91

Data Vendor Strategies Logistics Network Optimization Software Expense Reduction 91

Logistics Bureau

SEPTEMBER 20, 2022

The best way to do that is by completing a thorough analysis of current actual costs versus the projected costs associated with commencing—or ending—a 3PL partnership. Sufficient due diligence is exercised in partner selection. Insource or Outsource: How to Choose the Right Reasons.

Outsourcing 98

Outsourcing Cost Reduction Resource Reduction Expense Reduction 98

Conger

JULY 28, 2022

How to Measure Warehouse Safety. How Safe Are Warehouses? How to Measure Warehouse Safety. Otherwise, how will you know if things got better, worse, or stayed the same? Near misses provide insight into the factors that led to the unsafe incident and provide a framework for how to fix them. Let’s dive in!

Tips 52

Tips Material Savings Training Materials Handling 52

Logistics Viewpoints

NOVEMBER 19, 2024

AI techniques like sentiment analysis can identify the emotions in language to provide insights for certain purposes like customer service or targeted marketing, but these methods don’t achieve true emotional intelligence, they only barely scratch the realm of human feelings, which defy rationality.

Supply Chain Design Software 116

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Software 116