The Lean Thinker

MARCH 9, 2020

The story I cited above about inventory levels is a great example. I can make my defect rates improve by altering the definition of “defect.” For example, I was working at a large company where a significant part of their product cost was a commodity raw material. The “rising tides” test.

Cost Reduction 195

Cost Reduction Price Reduction Inventory Reduction Material Savings 195

Logistics Bureau

DECEMBER 22, 2024

A KPI is a practical and objective measurement of progress, either: Towards a predetermined goal, or Against a required standard of performance It might help to think of a KPI as something like an instrument on a car dashboarda speedometer, for example. Why Are KPIs Important?

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Bringg

SEPTEMBER 10, 2020

In this post I will try to quickly explain the top level, most important principles on how to develop a waste-free product flow. One reports suggests that 45% of features are never used, and are a waste of time for the product, design and R&D teams. This is where the product and features get defined. Rather, I will cover: ?

Waste Reduction 62

Waste Reduction Waste Production Definition 62

The Lean Thinker

MARCH 23, 2023

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). Therefore, leaders intercede when something threatens production. Which of those teams will be more productive? The same process.

Buyer Training 195

Buyer Training Material Savings Course Optimal Sourcing 195

Logistics Viewpoints

FEBRUARY 28, 2022

Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” Let’s start with a definition: any device that can perceive its environment and takes actions that maximize its chance of success at some goal is engaged in some form of artificial intelligence (AI).

Supply Chain Planning Software 142

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

Material Handling and Logistics

NOVEMBER 8, 2018

The trouble with this definition is that it doesn’t explain what exactly changes in supply chain management—that is, what gets “transformed”—when digital technologies are adopted. Since there didn’t seem to be a clear definition of digital supply chain transformation available, I developed one from first principles.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 134

Talking Logistics

SEPTEMBER 26, 2022

I have long argued that companies need to expand their definition of supply chain visibility. End-to-end supply chain visibility also involves, for example: Knowing where the manufacturing/production facilities of your suppliers (and their suppliers) are physically located, and which parts or materials are.

Supply Chains 86

Supply Chains Freight Definition Inventory 86

3PL Links

DECEMBER 10, 2024

This article will provide a detailed reference to LTL shipping, including the definition of LTL, shipping prices, delivery method, and how to manage your LTL shipment to the fullest. For example, less-than-truckload shipping requires 12 linear feet and pallets ranging from one to six, with a maximum of 10 pallets per truck.

Optimal Sourcing 62

Optimal Sourcing Purchasing Skills 3PL Price Reduction 62

Logistics Bureau

DECEMBER 28, 2024

He suggested that businesses are more likely to prosper if they focus on meeting the needs of customers, instead of selling products. As a general definition, a 3PL helps a company to get its offering, conceived in place A, into the hands of its customers in place B. Cloud computing itself is a prime example.

3PL 74

3PL Trends Supply Chain Design Software Industry 74

Logistics Viewpoints

AUGUST 16, 2021

ARC’s definition is that a supply chain collaboration network is a “collaborative solution for supply chain processes built on a public cloud – many-to-many architecture – which supports a community of trading partners and third-party data feeds. What is this Market? The solution is called a supply chain collaboration network (SCCN).

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 120

Ship Monk

MARCH 11, 2024

We spend a lot of time researching products before we buy, but in the end we may still feel uncertain. And when we feel uncertain, humans tend to look for examples of what others in our situation have done. In this article we’ll explore the definition of social proof and its importance in influencing shopping decisions.

eCommerce 105

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 105

The Logistics of Logistics

FEBRUARY 11, 2022

In the Cloud model, upfront costs primarily consist of: WMS implementation (requirements definition, system configuration, system and user acceptance testing, integration to existing corporate and/or material handling systems, go-live support, etc.). Some WMS vendors combine the WMS subscription fee and other fees into a single monthly cost.

Modeling Software 221

Modeling Software Logistics Network Optimization Software Cost Reduction Vendor Strategies 221

Logistics Bureau

FEBRUARY 4, 2025

Effective lead time management is a critical factor in securing supply chain efficiency and cost control, since lead time represents the total time required for a product or material to move through the supply chain, as measured from the time of ordering to the time of delivery. Why is lead time important? Why is lead time important?

Supply Chains 49

Supply Chains Manufacturing Procurement Inventory Reduction Scenario Planning 49

Logistics Viewpoints

JANUARY 19, 2022

Examples of Mobile Warehouse Robotics included in ARC’s Research. Mobile warehouse robotics allow operations to be less reliant upon labor, to obtain higher levels of productivity from existing labor, and to provide workers with a more engaging work environment. Asia as an Early Mover.

Supply Chain Software 128

Supply Chain Software Logistics Network Optimization Software Automation Supply Chain Technology 128

GlobalTranz

MAY 18, 2021

Examples include Tarps, dunnage, layovers, detention, etc. Commodity: Any article of commerce, including raw material, manufactured, or grown products. Trans-Load: The movement of a product from one trailer to another trailer in order to keep a shipment going. Transportation Terminology Glossary of Terms.

Definition 62

Definition Logistics Network Optimization Software Transportation Modeling Software 62

Logistics at MPEPS at UPV

MAY 23, 2022

As an example, here we can see one: Source: [link]. Rotation of products (how frequently different sorts of commodities in the inventory must be replaced over time). Rotation of products (how frequently different sorts of commodities in the inventory must be replaced over time). Increase of profitability. Resources: [link].

Optimal Sourcing 52

Optimal Sourcing Definition Sourcing Strategies Manufacturing Procurement 52

Now, That's Logistics

JANUARY 7, 2021

In September, for example, warehouse employment reached the highest level ever recorded, with 1.25 Those impacts are a direct impact to the contract logistics space, which felt them both on the production and spare parts sides of the business. million workers in the warehouse and storage sector, according to Supply Chain Dive.

Sourcing Strategies 122

Sourcing Strategies Trends Manufacturing Procurement Logistics Network Optimization Software 122

GlobalTranz

APRIL 22, 2015

Editor’s Note: Almost 14 months ago we wrote one of our most popular posts entitled, “ The History of Supply Chain and Logistics Management ” contained a bit of history, definitions, and a great infographic visually going through the history of supply chain and logistics management. What is a Logistics Framework?

Global logistics 116

Global logistics Material Savings Cost Reduction Supply Chain Planning Software 116

Conger

JULY 24, 2023

A Toyota diesel forklift with pneumatic tires Let’s start with a pneumatic tire definition. For example, the curing process can take a couple of days. For example, minimizing overhead is the key for many online retailers to remain in business. Be aware of the downsides of converting pneumatic forklift tires to solid.

Definition 52

Definition Cost Reduction Purchasing Skills Eliminating Excel in Purchasing 52

Talking Logistics

JULY 17, 2018

Overall, not only are fees increasing to $80 list for both carriers, but the definitions are tightening, and the minimum billable weight is changing (FDX). For example, if a package qualifies for oversize according to FedEx’s definition, it will receive an $80 charge (list rate). What Has Changed? in billed weight.

Negotiating Skills 108

Negotiating Skills Optimal Sourcing Packaging Definition 108

The Lean Thinker

FEBRUARY 4, 2021

Like the pocket card in the last post, this is built on a foundation established by the work of Steven Spear, especially his PhD dissertation that is summarized in Decoding the DNA of the Toyota Production System. It is a teaching method for teaching scientific thinking, and it is a teaching method for learning to teach scientific thinking.

Modeling Software 195

Modeling Software Optimization Software Analysis Tools 195

Conger

FEBRUARY 11, 2022

And here’s a simple pallet jack definition: A pallet jack (sometimes called a “pallet truck”) is the simplest type of forklift, consisting of a: Wheeled trolley. For example, manual pallet jack sizes can be 36 or 42 inches. But by using pallet jacks, they can eliminate a lot of that physical labor while also improving productivity.

Definition 52

Definition Modeling Software Price Reduction Handling 52

Ship Monk

JANUARY 8, 2024

Definitely not. For example, if milk wasn’t FDA-certified you wouldn’t have verification that the cows producing it are healthy. Accordingly, our US ecommerce fulfillment centers have the FDA registration needed to safely store and handle these products. Exaggeration? What is the FDA?

eCommerce 104

eCommerce Food and Agriculture Temperature Compliance 104

Logistics Viewpoints

JUNE 17, 2021

By definition, it refers to the handling of care used when moving products in which the movers or shippers literally wear white gloves to protect the product. What Products Require White Glove Services. Products that require white glove service are those that cannot be easily dropped off at the doorstep.

Logistics Network Optimization Software 104

Logistics Network Optimization Software Transportation Supply Chain Software Replenishment 104

Ship Monk

JULY 7, 2022

As online shoppers, we see examples of minimum order quantity everywhere. This article will define minimum order quantity, show you some examples, and help you decide if it’s the right strategy for the type of items you sell online. Minimum Order Quantity Definition. Product Level MOQ. to your cart to get free shipping!”

Purchasing Skills 98

Purchasing Skills eCommerce Ordering Negotiating Skills 98

SYSPRO Smarter ERP

MAY 14, 2024

Integrating complex product configurations: Manufacturers typically deal with products that come in various configurations, options, and customizations. Translating these complexities into an online product catalog where everything must be clear and selectable can seem daunting.

Manufacturing Procurement 110

Manufacturing Procurement eCommerce Supply Chain Planning Software Optimization Software 110

Logistics Viewpoints

AUGUST 15, 2022

Alex Zhong, Director Product Marketing at GEP. The survey’s results suggest a series of misalignments where gaps in process, technology and information flow can be a drag on productivity and optimization. By ARC’s definition, when a business spend management solution is used for direct procurement it is an MSCN.

Manufacturing Procurement 124

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 124

EazyStock

JULY 22, 2021

But first – let’s get a definition: What is inventory demand forecasting? If you analyzed the historical sales data of every product in your warehouse, you’d find that the demand for different items varies considerably. Below is an example of the different demand factors that can impact or inflate your normal base demand.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Software Procurement Solutions 105

Ship Monk

OCTOBER 30, 2024

Creating products in our system Setting up billing Receiving inventory Configuring SKUs Navigating our 3PL platform Integrating their store And everything in between These are some of our major milestones that get hit on the onboarding journey. Our associates cover everything that goes into running a business.

3PL 64

3PL eCommerce Inventory Webinar 64

Conger

FEBRUARY 22, 2023

Here’s a simple order picker definition: Order pickers are material handling equipment used to pick and transport items from shelving or pallet racking to help fill orders in warehouses and distribution centers. This can also boost productivity and efficiency in the warehouse. In this way, it's almost like a train and track system.

Definition 52

Definition Ordering Modeling Software Picking 52

ShipLilly

APRIL 19, 2021

Let us begin with key definitions. Definitions. Under this system, the container is filled from floor to ceiling with products. Palletizing: By contrast, palletization involves placing different boxes and products onto a pallet. The products are then held together using metal straps or plastic wraps. Pros and cons.

Packing 98

Packing Cost Reduction Definition Security 98

Logistics Bureau

NOVEMBER 2, 2020

I like to quote the following definition of CSR , offered by Chatham House associate fellow, Paul Hohnen. Examples of CSR Programmes. It is always helpful to look at some concrete examples when exploring complex topics. Example #1: Lego. Example #2: Salesforce. Example #3: TOMS. million volunteer hours.

Waste Reduction 98

Waste Reduction Resource Reduction Supply Chain Design Software Supply Chain Planning Software 98

ShipLilly

OCTOBER 14, 2020

In most instances, the products that are being sent to consumers will be shipped to the fulfillment center. It is critical to recognize that in this process; the fulfillment center becomes the final destination for the product because the supplier is now in effect the customer. What is a Fulfillment Center?

Distribution 98

Distribution Supply Chains Picking Ordering 98

MTS Logistics

JUNE 22, 2022

Products that would normally be in high supply (such as, machine parts or raw materials) can come to a screeching halt leaving those sectors in debilitating short supplies. Based on past global behaviors, these are just a few examples of the general consensus among analysts, but the past isn’t always indicative of the future.

Definition 98

Definition Examples Supply Chains Training 98

Talking Logistics

DECEMBER 19, 2018

If you do an online search for “digital transformation definition,” you get about 133 million results, including the following examples: Digital transformation is the application of digital technologies to fundamentally impact all aspects of business and society (Source: InfoWorld ). Source: CIO ).

Digital 81

Digital Optimization Software Optimal Sourcing Logistics Network Optimization Software 81

Logistics Viewpoints

SEPTEMBER 13, 2023

C-Suite Themes For the C-Suite, there are three main themes where supply chains make a definitive impact: increased customer retention, revenue growth, and lower costs. As a result, FourKites has moved from a single product company to a platform company.

Supply Chain Planning Software 123

Supply Chain Planning Software Waste Reduction Optimal Sourcing Supply Chain Software 123

IoT World Today

MARCH 27, 2020

While the disruption is now global, its starting point was in China — the 800-pound gorilla in global production. of worldwide gross domestic product (GDP), today, said MIT professor David Simchi-Levi, the country represents 16%. It might not be in the right format, it may be inaccurate, have definitional issues, or it may be biased.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Procurement Analytics 145