The Lean Thinker

JULY 2, 2024

This was obviously a long time ago, and I have long since (unfortunately) discarded the handout materials because I wanted to reuse the fancy tabbed folder for something else. Sidebar: If anyone reading this has better memory or still has any of the original materials from that class, I’d love to talk to you.

Supply Chain Design Software 397

Supply Chain Design Software Price Reduction Supply Chain Planning Software Optimization Software 397

Logistics Viewpoints

SEPTEMBER 28, 2023

In the ever-evolving supply chain industry, transportation spend optimization – or TSO – has assumed greater significance. In addition, mounting environmental concerns and sustainability goals push organizations to reduce their carbon footprint, which often entails optimizing transportation for efficiency.

Supply Chain Software 125

Supply Chain Software Supply Chain Planning Software Cost Reduction Material Savings 125

Conger

NOVEMBER 27, 2024

In material handling, efficiency and adaptability are essential. From pallet forks to specialized clamps, these attachments streamline operations, improve safety, and reduce product damage. These attachments help make your operation safe and efficient in material handling tasks. Let’s dive in!

Waste Reduction 75

Waste Reduction Material Savings Optimization Software Materials Handling 75

Logistics Viewpoints

APRIL 6, 2023

Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services. By working closely with suppliers, organizations can improve the quality and reliability of their in-bound supply chains, reduce costs, and increase their overall efficiency.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 98

The Lean Thinker

MARCH 23, 2023

Background TWI stands for Training Within Industry, a program developed during WWII by the U.S. During the war there was huge growth and turnover within the industrial base as production shifted from civilian products (locomotives, for example) to wartime production (tanks). The challenge, of course, is that nobody owns this material.

Buyer Training 195

Buyer Training Material Savings Course Optimal Sourcing 195

Logistics Business Magazine

OCTOBER 26, 2022

RAJA Group , a European leader in the distribution of packaging , office supplies and industrial equipment, brought together its 300 most important suppliers on October 14th in Frankfurt as part of the RAJA Group Suppliers’ Day 2022. The post RAJA shares growth strategy with suppliers appeared first on Logistics Business® Magazine.

Material Savings 59

Material Savings Strategy Manufacturing Procurement Eliminating Excel in Purchasing 59

Ship Monk

FEBRUARY 13, 2024

Was there anything I could have done to reduce the cost? To save money on shipping, you have to lower one or more of the four factors used to calculate the rate: weight, volumetric weight, shipping zones or speed. Custom packaging can also work miracles when it comes to reducing the size of your shipments.

eCommerce 105

eCommerce Material Savings Negotiating Skills Cost Reduction 105

The Logistics of Logistics

MAY 8, 2021

She is a sought after author and speaker having been published in various books, articles, and white papers and spoken at dozens of industry events. Circular supply chains are interconnected systems that use secondary and regenerative inputs to generate value by reducing and extending resource use. Circular Supply Chain.

Supply Chain Software 195

Supply Chain Software Supply Chains Waste Reduction Expense Reduction 195

Logistics Viewpoints

JULY 12, 2024

Offering a discounted membership in the days leading up to Prime Day is another way Walmart has been stepping up its effort to woo customers over from the e-commerce giant. Vessels are expected to seek shelter/alter their course to avoid the impacted areas,” Maersk, the world’s No. And now on to this week’s logistics news.

Material Savings 122

Material Savings Waste Reduction Resource Reduction Logistics Network Optimization Software 122

Trinity Logistics

OCTOBER 16, 2020

Addressing global warming and reducing one’s carbon footprint are now primary concerns for many industries. The logistics industry, in particular, has a unique position in this context. On the front of expanding industries and supply chains, fossil fuels’ predominant role correlates to greenhouse gas (GHG) emissions.

Material Savings 71

Material Savings Waste Reduction Cost Reduction Logistics Network Optimization Software 71

Logistics Bureau

APRIL 3, 2023

If you’re a decision-maker with accountability for your organisation’s entire supply chain, and you’re just starting to think about outsourcing, perhaps to reduce costs or improve service, this post should prove well worth the few minutes it will take you to read it. What Can You Outsource, and What Should You Outsource?

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

GlobalTranz

SEPTEMBER 19, 2016

They discuss what it takes to create green industrial and manufacturing facilities from scratch. Creating Green Industrial and Manufacturing Facilities From Scratch. We live in a very well-informed world, so at this point, it’s clear that industrial practices can cause some serious environmental harm.

Manufacturing Procurement 87

Manufacturing Procurement Material Savings Resource Reduction Industry 87

Logistics Viewpoints

JULY 28, 2022

This is no less true of the supply chain industry, which must manage high customer demand while simultaneously experiencing unprecedented labor issues. The difficulties are pushing companies to come up with creative strategies that help encourage employees to find on-the-job fulfillment.

Supply Chain Design Software 120

Supply Chain Design Software Sourcing Strategies Supply Chain Software Material Savings 120

Logistics Business Magazine

SEPTEMBER 12, 2022

RTITB has released updated training materials to help improve rider-operated Pivot Steer truck safety through high-quality training. The new Pivot Steer training materials have been designed to give qualified Instructors and Trainers everything they need to deliver high quality, standardised training. A practical test is also required.

Buyer Training 62

Buyer Training Material Savings Training Trucking 62

GlobalTranz

JANUARY 17, 2017

The use of predictive analytics has the potential to dramatically reduce expenses in the manufacturing sector, particularly with respect to proactive machine maintenance. According to Sundeep Sunghavi, the use of predictive analytics will save approximately $630 billion in the manufacturing industry over the next 15 years.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. Supply Chain Strategy. Now for those statistics I mentioned.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. Does your company use incandescent, halogen, or HID lighting in its warehouses?

Cost Reduction 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

Logistics Viewpoints

AUGUST 19, 2024

This is made most glaringly apparent in the fast fashion industry. The circular economy is a model that involves sharing, leasing, reusing, repairing, refurbishing, and recycling existing materials and products as long as possible. In practice, it implies reducing waste to a minimum. The apparel industry is a prime example.

Waste Reduction 120

Waste Reduction Supply Chain Design Material Savings Waste 120

The Lean Thinker

AUGUST 28, 2023

Beginning mid-afternoon on Monday and continuing into Tuesday morning was “walk the process” – mainly looking at material flow, where things bunched up, and things that wasted people’s time (there was no shortage of that). Those printouts, of course, only showed output. Math was on our side.

Material Savings 195

Material Savings Events Waste Reduction Presentation 195

Logistics Viewpoints

APRIL 26, 2024

It will be interesting to see how these smugglers will change course when fossil fuels are completely replaced by renewables. per month on orders over $35 from Whole Foods Market, Amazon Fresh, and other local grocery and specialty retailers on the platform, including Save Mart, Bartell Drugs, Rite Aid and Pet Food Express.

Logistics Network Optimization Software 118

Logistics Network Optimization Software Material Savings Supply Chain Planning Software Cost Reduction 118

Logistics Bureau

OCTOBER 2, 2016

According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth greater than the average within their industries. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

Supply Chain Design Software 99

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 99

Logistics Business Magazine

NOVEMBER 18, 2022

Calor has been awarded Supplier of the Year at the UK Material Handling Association (UKMHA) Awards for Excellence – The Archies. Chosen by the membership of UKMHA for the quality of its support for the industry, the Award was presented at a special evening held at the Hilton Metropole in Birmingham.

Industry 62

Industry Material Savings Materials Handling Waste Reduction 62

Kanban Logistics

AUGUST 13, 2020

See, there’s a big difference between handling inbound logistics yourself and outsourcing it to a trusted North Carolina third-party logistics (3PL) provider that knows the manufacturing industry. By allowing your 3PL provider to purchase non-strategic materials on your behalf , you’ll reap the following rewards: Keep your cash longer.

Manufacturing Procurement 98

Manufacturing Procurement Inbound 3PL Material Savings 98

SYSPRO Smarter ERP

APRIL 25, 2022

In countries and industries all around the world, the assemble-to-order manufacturing business model is used as it provides the ability to quickly deliver customized goods to customers. It requires less capital investment as companies only stock up on materials and assemblies that are needed. What is Assemble-to-Order Manufacturing.

Ordering 111

Ordering Inventory Reduction Material Savings Modeling Software 111

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.” Post-COVID it was not about savings,” Mr. Srivastava explained.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 141

Ship Monk

APRIL 28, 2023

In addition to satisfying conscientious consumer demand, eco-friendly efforts can benefit your ecommerce business by reducing waste within your company and improving operational efficiencies. Translation: these ecommerce businesses have operating standards that minimize or reduce negative impact on the planet. We have proof.

eCommerce 97

eCommerce Waste Reduction How To Material Savings 97

GlobalTranz

NOVEMBER 18, 2016

Access to More Raw Materials. The ability to access more raw materials is a defining factor in future production, and according to Mark van Rijmenam , big data will likely have an impact on the ability to extract more oil deposits. 6 Benefits to Using Big Data Applications. Greater Value of Services or Products.

Supply Chain Planning Software 89

Supply Chain Planning Software Data Material Savings Manufacturing Procurement 89

Logistics Business Magazine

NOVEMBER 6, 2024

Single people mark the occasion by spoiling and treating themselves to gifts and presents, but it wasn’t until Chinese eCommerce giant Alibaba chose the date to offer heavily discounted merchandise on its platform for 24 hours, starting at midnight on the 11th November, 2009, that Singles’ Day became a major commercial event.

Supply Chain Software 58

Supply Chain Software Automation Supply Chain Design Software Sorting 58

Logistics Viewpoints

JULY 18, 2022

Despite their size, few people outside their industry have heard of them. of in-stock products ship the same business day from our DCs; that is best of breed for any industry.” Products, of course, can be picked up at the branches. A single study can drive millions in savings while maintaining or even improving service levels.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 120

Logistics Viewpoints

APRIL 7, 2022

Now, these shipments are being shifted to ocean and air, radically reducing rail shipments. Likewise, you may have made assumptions about supply being limitless for certain raw materials that have traditionally been available in abundance. The aforementioned recommendations should help in this regard.

Supply Chain Design Software 128

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 128

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? Amazon did not invent the random storage approach. Book your free consultation.

Inventory Reduction 75

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 75

Logistics Bureau

DECEMBER 22, 2024

For this reason, KPIs are essential for any business improvement strategy. Another powerful use of KPIs is in the benchmarking of your companys performance against that of your competitors and industry peers. Apart from an internal desire to improve and compete, KPIs play a part in attracting and retaining customers.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Logistics Viewpoints

JUNE 10, 2021

Leveraging different models of thinking, representing key metrics using data aggregation, exposing real anomalies, and recommending a course of action based on operating models will make businesses smarter. To fully understand our strategy, it is important to understand the differentiation between autonomous and automated.

Supply Chain Planning Software 95

Supply Chain Planning Software Modeling Software Optimization Software Logistics Network Optimization Software 95

Freightera

NOVEMBER 5, 2024

Electric vehicles (EVs) are quickly becoming a central part of the push to reduce emissions and combat climate change. While passenger electric cars have seen widespread adoption, transitioning the freight industry to electric trucks has proven to be very challenging, for multiple reasons.

Material Savings 33

Material Savings Trucking Freight Expense Reduction 33

Material Handling and Logistics

FEBRUARY 19, 2018

Our annual salary survey reveals that the typical material handling and logistics professional earns $93,697. The single biggest challenge facing the industry is lack of qualified workers in all aspects of logistics.” Although material handling is not considered a glamorous role, it is a vital part of the organization.

Survey 118

Survey Manufacturing Procurement Materials Handling Optimal Sourcing 118

Ship Monk

MARCH 14, 2023

If that’s you and you’re an ecommerce business owner, keep reading for eco-friendly packaging options your company could invest in this year to save money and help preserve the planet. million tons of trash, and 1/3 of that was packaging material. Okay, there are two ways we could write this part of our eco-friendly ecommerce blog: 1.)

Material Savings 52

Material Savings eCommerce Packaging Ordering 52

Ship Monk

MARCH 14, 2023

If that’s you and you’re an ecommerce business owner, keep reading for eco-friendly packaging options your company could invest in this year to save money and help preserve the planet. million tons of trash, and 1/3 of that was packaging material. Okay, there are two ways we could write this part of our eco-friendly ecommerce blog: 1.)

Material Savings 52

Material Savings eCommerce Packaging Ordering 52