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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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6 Critical Success Factors in Distribution Network Design

Logistics Bureau

So, while simplicity of design is a worthwhile goal, investment of time and resources in comprehensive and detailed data analysis can never be a waste. Of course, it can add up to a vast pool of data, so realistically, access to advanced modelling and analytics tools will be essential to get the most value from it.

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Another Tale from the Past

The Lean Thinker

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). After that presentation, though, John came in. (I’m They did a pretty good job.

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DFB Tech Stack: Invoice Reconciliation

Parade

Whether in packing a freight truck or tracking invoices, wasted time and resources can quickly eat into your margins. This post was written in collaboration with , OpenEnvoy , a leading automated invoice reconciliation tool. For freight brokers and third-party logistics providers, efficiency is king.

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What is Waste Management Hierarchy?

Compactor Management Company

The Environmental Protection Agency (EPA) created the non-hazardous materials and waste management hierarchy with the understanding that a universal waste management approach may not be appropriate for handling all materials and waste streams under every circumstance. What Is Waste Management Hierarchy?

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3 Easy Ways to Waste Money When Shipping Freight

Freight Center

But logistics is a tricky industry and there are easy ways to waste money when shipping freight. We’ve put together the 3 most common ways to waste money when it comes to freight shipping and what your business can do to stay ahead of the game. One of the most common ways to waste money is billing adjustments. Bad Packaging.

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The Past, Present, and Future of Technology in the Warehouse

Logistics Bureau

That’s probably one of the first differences you’d notice between a warehouse of today and that of 25-plus years ago—and of course it’s down to technology. What a wasteful use of good warehouse cube. In fact, there seems to be paper everywhere… And look up there in the racking. The Paperless Warehouse.