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). Are you comfortable with this definition of “good supervision?” But to me , this is the very definition of compliance.

Buyer Training 195

Buyer Training Material Savings Course Optimal Sourcing 195

Logistics Viewpoints

FEBRUARY 23, 2023

While the concept isn’t new, its application to supply chain is emerging, albeit without clear definition yet. A McKinsey study found that 90% of supply chain leaders expected to transform their planning systems. In a recent interview , Senge points to a study of HP, a company well-known for its technological.

Supply Chain Planning Software 161

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Digital 161

Blue Grace Logistics

SEPTEMBER 19, 2019

As it is with most problems there is a lack of a clear and concise definition, according to an MIT study which conducted a survey of the apparel industry only to find wildly different results. The study showed that consumers place a higher value in a company that can prove the ethical treatment of their workers.

Definition 48

Definition Supply Chain Design Supply Chains Manufacturing Procurement 48

Logistics Viewpoints

APRIL 15, 2021

In my Logistics Viewpoints article in January 2021, “ The New Definition of Supply Chain Agility and Resilience in an Unpredictable World ”, I highlighted that modern supply chains must be built on a foundation of extreme agility and responsiveness. The Crucial Role of Trading Partners.

Supply Chain Planning Software 162

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 162

Logistics Viewpoints

JANUARY 31, 2022

The 2030 roadmap is targeting a reduction in CO2 emissions of 33% for scopes 1 and 2, and of 16% for scope 3, versus 2017 ( definition for scopes 1, 2, and 3 ). New acquisitions, for example, won’t lead to a prorated calculation that factors out emissions from the acquired company from the carbon target.

Material Savings 158

Material Savings Cost Reduction Price Reduction Expense Reduction 158

Freightos

MARCH 4, 2020

For example: CH Robinson launched Freightquote – This platform takes aim at SMBs enabling simple online search and e-booking across multiple US trucking carriers. This year’s Freightos mystery shopper study looked to answer these questions. . The digitization of the freight industry is about improving speed and efficiency. .

Freight forwarding 117

Freight forwarding Digital Logistics Network Optimization Software Trends 117

Trinity Logistics

AUGUST 22, 2024

Definitely no to the last one!) Creator DeepMind said the machine studied older games and spent a lot of time playing the game, over and over, each time learning from its mistakes and getting better. Common Forms of AI Computer Vision Face recognition is one example of Computer Vision. What is the history of AI?

Modeling Software 116

Modeling Software Optimization Software Optimal Sourcing Logistics Network Optimization Software 116

Talking Logistics

MAY 7, 2019

During our conversation, Chris shared some insights and advice from some TMS benchmarking studies he conducted recently. Spending, and the intent to spend, is definitely up,” says Chris. “In Transportation benchmark studies. For the past three years, Descartes has conducted TMS benchmarking studies. Why do these studies?

Transportation 68

Transportation Cost Reduction Study Logistics Network Optimization Software 68

Logistics Viewpoints

MARCH 4, 2021

Examples of building intelligence in your processes: Automating product segmentation based on multiple dimensions including revenue, demand variability, supplier lead-times to manage different service level targets. AI/ML technology will help with many aspects of your supply chain planning both on the demand and supply side. and Europe.

Supply Chain Planning Software 162

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 162

IoT World Today

MARCH 27, 2020

Another Statista study indicated that 44% of retailers expect delays and 40% expect inventory shortages given coronavirus disruptions on the supply chain. Tire companies, for example, now use sensor data to monitor tire pressure and proactively alert customers about maintenance. And again, data quality is a huge concern.

Supply Chain Planning Software 145

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

Logistics in War

SEPTEMBER 7, 2024

These views may be correct, but anecdotes are no replacement for the detailed study of what went wrong and – more importantly – why. Why, then, should we bother studying the logistics-related issues pertaining to operations in East Timor if such issues are to be expected? What do we know?

Logistics Network Optimization Software 72

Logistics Network Optimization Software Military Logistics Definition 72

AIMMS

FEBRUARY 20, 2015

And the opening chapter in the book is an actual case study about a team meeting I attended where they would have the inventory “target of the month”. Most people want you to publish positive case studies but the greatest learnings come from the negative ones so that is always a challenge. Yes it is definitely a journey.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

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 89

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 89

Logistics Bureau

JANUARY 7, 2020

The definition above is not from any textbook, but is one that I am sure you will agree, describes a state of affairs that any corporate leader or business owner would be happy to attain. . Mini Case Study: Walmart. Mini Case Study: Whirlpool. So if you want to be sure of business success, review your supply chain strategy.

Supply Chain Design Software 133

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 133

Logistics Bureau

NOVEMBER 14, 2018

For example, how would you deal with the following situations in procurement? Read on for more about these examples in the text that follows. Stolen and black-market supplies are further examples. However, simple is not the same as easy. You are responsible for the procurement of janitorial supplies for your mid-sized company.

Procurement Analytics 101

Procurement Analytics Optimal Sourcing Procurement Solutions Procurement 101

SYSPRO Smarter ERP

OCTOBER 13, 2021

For example, a resignation of a key individual can destabilize the functional organization of a business, requiring modifications to the business processes and possibly requiring changes to the system to enable those left behind to cope with the new situation. The maintenance strategy for operating an ERP system.

ERP 105

ERP Operations Optimization Software Buyer Training 105

Logistics Bureau

JANUARY 9, 2019

The definition above is not from any textbook, but is simply one that I’m sure you’ll agree, describes a state of affairs that any corporate leader or business owner would be happy to arrive at. Mini Case Study: Walmart. Mini Case Study: Whirlpool. SEE ALSO: Supply Chain Strategy Development.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

Logistics Viewpoints

MAY 24, 2021

For example, in a small drug store there are often only three people on duty – the pharmacist, the technician, and a person at the cash register. The definition of what a “customer” is, is posed to expand from a business to a consumer. More predictable arrivals will translate to higher in-stock positions.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Software 111

Logistics Bureau

NOVEMBER 26, 2024

This “output versus input” definition covers achievements of the workforce, results from the use of equipment, time spent (as in the hours needed to manufacture a product) and return on capital. Cost to serve analysis is one example. Business reengineering with its “don’t automate, obliterate” credo is another example.

Supply Chain Planning Software 86

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 86

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. The definition of this metric is similar to the way it sounds. We hope these posts keep you on top of your game and informed. . First, what is Supplier Quality Management (SQM)?

Procurement Analytics 99

Procurement Analytics Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 99

Ship Monk

APRIL 28, 2023

All sorts of organizations have run studies on eco-friendly attitudes in the ecommerce industry, and we have amazingly positive news to share about what buyers are thinking. Another survey found that 73% of global consumers would “definitely” or “probably” change their buying behavior to reduce environmental impact. We have proof.

eCommerce 97

eCommerce Waste Reduction How To Material Savings 97

Logistics in War

JANUARY 23, 2019

For example, American commentators go so far as saying there is a ‘crisis’ in flagging a range of contemporary preparedness problems within the US Department of Defense including aviation incidents, capability gaps created with lower Defence budgets, and inadequate logistics support to the fielded force. 1] ADDP 00.2 3] Galvin, T.,

Military 95

Military Resource Reduction Sourcing Strategies Supply Chain Planning Software 95

Logistics in War

SEPTEMBER 9, 2024

These views may be correct, but anecdotes are no replacement for the detailed study of what went wrong and – more importantly – why. Why, then, should we bother studying the logistics-related issues pertaining to operations in East Timor if such issues are to be expected? What do we know?

Logistics Network Optimization Software 57

Logistics Network Optimization Software Military Logistics Definition 57

Logistics in War

NOVEMBER 28, 2022

An acceptable, modern, definition of national support might also be accompanied by clarity with respect to terms such as ‘force scaling’, ‘force expansion’, ‘mobilisation’, ‘surety’, ‘preparedness’ and even ‘strategic logistics’. [14] For example, the US national security community uses the term ‘defense technology and industrial base’. [6]

Military 106

Military Sourcing Strategies Resource Reduction Operations 106

Talking Logistics

DECEMBER 5, 2018

According to a McKinsey Global Institute study , the construction industry is among the least digitized, ranking 21 out of 22 industries (only Agriculture and hunting ranked lower). As reported in MarketWatch , “The global construction industry has a chronic productivity problem. Getting Started with Digital Transformation.

Conference 68

Conference Optimal Sourcing Optimization Software Supply Chain Software 68

Dedola Global Logistics

MAY 14, 2020

Thoroughly studying the U.S. For some fascinating historical examples of tariff code review, read our white paper on the subject [link]. That’s why we go beyond the basic definition of freight forwarding, encompassing Logistics at every level of your supply chain. Final Thoughts. At Dedola Global Logistics, it is job one.

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 80

Logistics Business Magazine

NOVEMBER 13, 2022

One of the key findings of Descartes’ recent study of consumer sentiment of sustainable home delivery practices was that consumers have different delivery expectations when it comes to sustainability. Essentially, the study underscores that a lot of consumers have sustainable delivery personas.

Purchasing Skills 57

Purchasing Skills Study Cost Reduction Purchasing 57

Forto

JULY 6, 2020

A study by Forrester Consulting and Bloomreach shows that around 50% of customers have ordered products online for the first time, products they had previously bought only in bricks-and-mortar retail stores (such as food). Nevertheless, a Kantar study predicts that e-commerce will emerge from the Corona crisis as a major winner.

Examples 52

Examples Seminar Survey Article 52

Forto

AUGUST 31, 2020

Nearly 70% of customers who shop online abandon the purchase before making a payment, according to a study by the Danish Baymard Institute. In order to make adding payment options easier, you should set up the payment functions through a payment service provider (PSP), for example Klarna , PayPal+ , Adyen ). Payment Service Provider.

Tips 52

Tips Purchasing Skills Procurement Solutions Definition 52

Logistics Bureau

JANUARY 21, 2025

By comparison, traditional enterprise performance measurement (for example, pre-1980s, before the term supply chain came into being) has used a financial accounting approach and excluded the other types of metric listed above. For example, sales and marketing push for higher inventories and lower volume orders to keep customers satisfied.

Supply Chain Design Software 48

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

Logistics Bureau

DECEMBER 28, 2024

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. The solution is to back up, figuratively speaking, to the general definition of the need and see how overall trends and developments in the world could make this need map onto other, different solutions.

3PL 89

3PL Trends Supply Chain Design Software Industry 89

Ship Monk

APRIL 26, 2023

A 2020 ecommerce shipping study determined that 27% of shoppers will choose one ecommerce brand over the other based on speed of delivery options. For example, say an ecommerce merchant has a 2-Day delivery policy for orders received before 3PM. If you place an order on Wednesday before the 3PM the cutoff, it delivers on Friday.

eCommerce 98

eCommerce Purchasing Skills Eliminating Excel in Purchasing Procurement Solutions 98

CH Robinson Logistics

JUNE 16, 2021

History has defined resiliency as being strong and resolute, but the new definition of resiliency will be those who understand vulnerability and prioritize agility. Same study stated that. But we haven’t just been building technology, we’ve been building resiliency. 2012 2,837 exabytes produced. How Much Data Is Created Every Day? [27

Supply Chain Planning Software 62

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software White Paper 62

Logistics at MPEPS at UPV

MARCH 28, 2022

In a study by INFORM and Logistik today , experts from various logistics disciplines see the most important areas of application for ML in demand forecasting and sales planning, transport optimization (e.g., This starts with the definition: In the past, we gave the computer data and it calculated with a given algorithm.

Optimization Modeling 40

Optimization Modeling Optimization Software Modeling Software Logistics 40

GlobalTranz

JANUARY 21, 2015

Definition: Solicit your suppliers to come into your company to assist you with Supply Chain Cost Reductions, and other important issues, rather than your suppliers soliciting your purchasing dollar. Then we select the item to be studied. This example, the pencil, is already a high value item). What is Reverse Marketing?

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Conger

JULY 30, 2021

In this article, you’ll learn: The definition of omnichannel distribution. A simple omnichannel distribution definition is that it’s a way of giving consumers the freedom and ease to buy and receive orders from any sales channel they choose. For example, a customer can buy from a store’s website and have it shipped to their home.

Inventory Reduction 52

Inventory Reduction Distribution Vendor Strategies Waste Reduction 52

Talking Logistics

SEPTEMBER 7, 2017

For example, some companies still view cloud TMS solutions as… Being one-size-fits-all : That is, they believe the solutions are not configurable, so they would have to change their transportation processes to conform with the software’s way of doing things. Access to data was another consideration.

Optimization Software 65

Optimization Software Modeling Software Logistics Network Optimization Software Optimization Modeling 65