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Boeing: The Turning Point(s)

The Lean Thinker

Of course, a high stock price enriches those people who already own shares, and makes options and stock grants more valuable, but they didn’t get into that either. ” The result was a 32 hour course that ran two days, then a break, then two days the following week. Elimination of waste: Focus on adding value.

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Warehouse Product Slotting: The Ultimate Guide

Logistics Bureau

Slotting a warehouse product is the same, for example, as placing your umbrella close to your front door at home, so it’s easy to pick it up and run when it’s raining, and you’re late for work. Still, without a doubt, picking is the operational regimen that will see the most significant impact. Faster Picking – Fewer Mistakes.

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3 Ways to Benchmark to Boost Supply Chain Performance

Logistics Bureau

If you’ve never done a benchmarking exercise before, read on. It would, of course, be what the winning time was when this race was last run in your district. They had a little issue with their picking productivity in the warehouse. This helped us realise that their picking productivity should be three times better than it was.

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Warehouse Capacity – How to Increase It and Avoid Moving

Logistics Bureau

Slotting Techniques to Boost Efficiency So let’s start looking at some of the fixes and some of these are easier to do than others, of course, but one that I would always suggest is looking at slotting, so let’s just put a diagram up here of the before and after if you like. This is 80% of the picks. What does that mean?

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How to Select the Right KPIs for Supply Chain Benchmarking

Logistics Bureau

An example of this might be the implementation of a warehouse productivity KPI that encourages the workforce to pick more orders per hour. Unfortunately, as picking speed increases, so too does the likelihood of picking errors, which would work against any service-oriented KPI such as perfect order, picking accuracy, or delivery in full.

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Key Factors to Consider When Planning and Designing Warehouses

Logistics Bureau

Of course, it would be possible to write an entire book on this particular subject, so for the sake of keeping this article relatively brief, I’ll stick to a short explanation of crucial factors to consider when planning a warehouse network (even if it is a network of one). It can go further than this, of course.

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No Supply Chain Strategy? Here’s How to Develop One

Logistics Bureau

The added benefit of working with such a partner is that because they collect performance data from hundreds of companies, they can help you choose the most appropriate key performance indicators to use in your benchmarking exercise. They can also aid you in identifying and implementing best practices to further your performance objectives.