Logistics Viewpoints

AUGUST 15, 2024

The digital twin, for example, can be subjected to numerous stress tests that mimic real-world conditions and observe how different variables interact and impact the entire network. For example, the analysis from stress testing can reveal a particular supplier or production resource is a frequent point of failure under high-demand scenarios.

Scenario Planning 160

Scenario Planning Supply Chain Planning Software Sourcing Strategies Optimal Sourcing 160

The Lean Thinker

NOVEMBER 29, 2017

“Small Changes” Doesn’t Mean “Slow Changes” No matter how good your solution or idea, it is just an academic exercise until it is anchored as the an organizational norm. The rate limit on improvement is established by how quickly people can absorb changes to their daily, habitual routine.

Waste 199

Waste Exercises How To Examples 199

Logistics Bureau

APRIL 19, 2021

If you’ve never done a benchmarking exercise before, read on. If, for example, you are concerned about the pick rates in your warehouse, or your transport costs, or your inventory accuracy, benchmarking can help you because it can show you exactly where your performance is compared to others in your industry. Informal Benchmarking.

Supply Chains 91

Supply Chains Exercises Picking Video 91

The Lean Thinker

JULY 2, 2024

With the justification aside, they next had us go through exercises calculating net present value and ROI for a hypothetical capital investment in tooling – as though a shop floor supervisor would do this at any point in the course of their job. The structural designs were far more tolerant of production variation, for example.

Supply Chain Design Software 397

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

Logistics Viewpoints

MAY 26, 2022

This is not a continuous improvement exercise, but a matter of survival as greater unpredictability prevails in our markets, continually taxing resources, and challenging forecast accuracy on both the demand and supply sides.

Supply Chain Software 178

Supply Chain Software Optimal Sourcing Supply Chain Design Software Logistics Network Optimization Software 178

Logistics Viewpoints

OCTOBER 21, 2021

Pop up warehouses, micro fulfillment centers, and warehousing-on-demand are all examples of how the nodes are becoming increasingly dynamic. However, with the new generation technologies, it now is practical to keep the data feeds fresh to make the modeling exercises a continuous, ongoing discipline.

Supply Chain Design Software 129

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 129

The Lean Thinker

DECEMBER 14, 2023

” exercise followed by a calculation about whether it is even worth going through that effort or might be cheaper to just outsource the entire thing to a “low wage country.” ” with a context of having some kind of strategic intent, a challenge, in mind.

Outsourcing 195

Outsourcing Factories Exercises Procurement Analytics 195

The Lean Thinker

OCTOBER 13, 2020

Here’s an example: Say your plant has a set of rules about how fork trucks are to be operated – speed limits, staying out of marked pedestrian lanes, etc. This exercise was inspired by a few of us who had experiences “ in the chalk circle ” especially with Japanese senseis who had been direct reports to Taiichi Ohno.

Waste Reduction 397

Waste Reduction Buyer Training Document Production 397

Material Handling and Logistics

DECEMBER 14, 2018

The techniques require different degrees of sophistication, but even the relatively simple exercise of putting data from different sources in the same space and producing a visual representation can suggest strategies for transformation. to anticipate conditions that signal an emerging demand spike.

Supply Chain Software 166

Supply Chain Software Optimal Sourcing Supply Chains Sourcing Strategies 166

SYSPRO Smarter ERP

AUGUST 9, 2022

Investing in an ERP system and other business systems is an expensive exercise and by not investing resources into training and education, manufacturers will not get the full return on investment. For example, a controller is the person responsible for managing cash flow, overseeing budgets, and preparing financial statements.

Course 105

Course Buyer Training Waste Reduction Expense Reduction 105

The Lean Thinker

DECEMBER 21, 2017

On the one hand, the practice has become more sophisticated as people explore and learn application in contexts other than the original industrial examples. That book provides working examples of vertical linkage between organizational strategy and shop floor improvement efforts. Study the Process’s Operating Patterns.

Material Savings 236

Material Savings Examples Resource Reduction Price Reduction 236

The Logistics of Logistics

FEBRUARY 1, 2019

You may have difficulty, for example, letting go of a contract that’s not working for you anymore. There are exercises you can do to work on them. [29:12] . * The hyper-rational: they have a very difficult time with the relationship side of things. [13:25] 13:25] I’m mostly a pleaser, an avoider, and a hyper-achiever.

Waste Reduction 150

Waste Reduction After-sales Exercises Security 150

Trinity Logistics

APRIL 28, 2022

TABLE OF CONTENTS THE STATS ADD UP BENEFITS TO EXERCISE TIPS TO ADD EXERCISE INTO YOUR DAY HOW TO STAY FIT AS A TRUCK DRIVER – BEST EXERCISES FOR YOU. Today, we’ll be focusing on exercise. Adding in regular exercise and movement can help you keep your excellent career and health. BENEFITS TO EXERCISE.

Exercises 62

Exercises How To Trucking Tips 62

Logistics in War

AUGUST 18, 2019

Part Two offered examples where militaries get it right, and a number of examples where events did not transpire as well as they might. In the Australian example, this ratio has featured in every review of Defence undertaken in the forty years since the ADF was formed. I described the interplay between logistics and readiness.

Military 93

Military Exercises Resource Reduction Logistics Network Optimization Software 93

ShipLilly

AUGUST 5, 2021

Examples include port fires, inclement weather, and labor disputes. The first thing is to consider the discretion exercised by the shipping companies when calculating the congestion surcharge. For example, they may consider a percentage of the cargo or alternatively a percentage of one TEU. e) Influencing terminal operations.

Negotiating Skills 98

Negotiating Skills Cost Reduction Inventory Reduction Exercises 98

Logistics Bureau

JANUARY 25, 2021

The person who gave the presentation I attended offered the example of a speech by late US President John F. As I explain in a YouTube video on this subject, I recently saw a good example of how a BHAG can galvanise a workforce and make a dramatic impact on productivity. For example, their increase in productivity was 217 percent.

Production 118

Production Operations Logistics Network Optimization Software Training 118

Logistics Viewpoints

AUGUST 9, 2022

Strategy and leadership teams might elect to be alerted to production line disruptions, for example, so they receive details about every impacted order. Transportation teams could drill into their top bottlenecks by facility, carrier performance, dwell time and volume.

Inventory Reduction 148

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 148

Logistics Viewpoints

MAY 22, 2023

Moreover, this exercise might need to be repeated several times depending on how the war proceeds. For example, we can have “Texas Small Volume” customers and “Florida Peak Season” customers, or “East Coast High Margin” customers and “Carolinas High Priority” customers. Their time frame was short and resources limited.

Supply Chain Design Software 123

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 123

Logistics Viewpoints

AUGUST 7, 2024

It’s also a great example of how the boundaries between what we traditional think of as “IT” and “OT” cybersecurity are blurring.

Supply Chain Software 149

Supply Chain Software Manufacturing Procurement Logistics Network Optimization Software Automation 149

Logistics Bureau

AUGUST 2, 2021

For example, you might use simple observation to identify visible defects at goods-in, or you could make your analysis a bit deeper by testing a percentage of items received from the supplier. For example, every purchase order costs money to raise and process, as does every invoice. Supplier Defect Rate.

Procurement Analytics 118

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 118

Talking Logistics

SEPTEMBER 4, 2018

Example A: Fashion Retailer – Business Strategy is short life cycle products. Example B: Supermarket Retailer – Business strategy is to have low cost to compete effectively. Example C: Oil & Gas – Products and services are diverse. Hence following so-called industry trends may not always yield targeted results.

Inventory Reduction 97

Inventory Reduction Inventory Logistics Network Optimization Software Cost Reduction 97

Logistics Viewpoints

SEPTEMBER 28, 2021

Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. And what is sitting in the warehouse. And at the cross-dock. And in the rail car. Real-time visibility into “static goods” — wherever they may be — is the foundation for managing through volatility.

Supply Chain Planning Software 126

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 126

MTS Logistics

MAY 24, 2023

For example, John Kirby, spokesperson for the U.S. Iranian provocations have included boarding oil tanker ships and taking control of the vessel, in an effort to exercise power and dominance in the region, as well as a recent helicopter flyover of a Chevron-operated oil tanker. will be proactive in pushing back against future threats.

Exercises 88

Exercises Military Government Supply Chains 88

AIMMS

FEBRUARY 1, 2021

While businesses differ in complexity and size, for this exercise we extrapolated based on these $7.5Bn baselines. We hope the examples discussed above help you evaluate ballpark estimates of value that companies experience from leveraging network optimization software. ” – Tweet this. Summing up.

Supply Chain Design Software 116

Supply Chain Design Software Supply Chain Software Supply Chain Design Optimization Software 116

Logistics Bureau

MAY 31, 2021

For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher. The above examples reflect costs that include picking, packing, and last-mile delivery. The list above is not exhaustive but merely provides some notable examples of cost drivers.

Cost Reduction 118

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 118

Bringg

AUGUST 16, 2018

The best example is probably Amazon Prime, with the company announcing early this year that they now have over one hundred million subscribers worldwide. With rising costs of fuel and driver salaries on the rise, the initiative could become a costly exercise. However, can this strategy be sustainable and profitable in the long term?

Expense Reduction 72

Expense Reduction Cost Reduction Purchasing Skills Exercises 72

Shipping and Freight Resource

JUNE 29, 2020

For example, cargo shipped via air may experience extended periods of vibration you could use vibrating monitors to discover exactly how much vibration, and use that information to choose a different shipping method that wouldn’t subject the cargo to the same level of stress.

Material Savings 115

Material Savings Cost Reduction Expense Reduction Resource Reduction 115

SYSPRO Smarter ERP

AUGUST 22, 2022

For example, a custom manufacturer may need a metal fabrication supplier to take on a design-to-order project. For example, MOM (Manufacturing Operations Management) within your ERP system can be used for viewing end-to-end manufacturing processes like quality, labor and machine productivity.

Supply Chain Design Software 105

Supply Chain Design Software Manufacturing Procurement Optimization Software Supply Chain Software 105

Logistics Viewpoints

MAY 25, 2023

I’ve seen our own R&D team test some very cool applications and have been following the news closely in search of other examples relevant to supply chain. Beyond these targeted examples, I see even more promise in broader applications: code generation, knowledge management, and user interfaces.

Supply Chain Planning Software 159

Supply Chain Planning Software Supply Chain Software Supply Chains Negotiating Skills 159

MTS Logistics

SEPTEMBER 15, 2023

It will also bring greater assurance that customs brokers are knowledgeable in customs laws and regulations, familiar with operational processes, and can properly exercise brokers fiduciary duties. Individual brokers may start to identify those activities that could likely qualify for education credit once the new requirement is in place.

Buyer Training 77

Buyer Training Exercises Training Maintainability 77

Logistics Bureau

JULY 18, 2022

For example, you don’t want to assume that a single logistics strategy and service approach will meet all your customers’ needs. Ideally, though, evaluating your position against competitors should not solely be a KPI benchmarking exercise. For example: How much automation will you need in your warehouse(s)?

Inventory Reduction 116

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 116

GlobalTranz

NOVEMBER 12, 2015

For example, drivers are expected to arrive on time, maintain docking schedules, and avoid dead time. However, you must exercise caution to make sure you do not damage your vendor-shipper relationship. For example, holiday forecasts in shipping are often used to add more workers to loading docks, shipping centers, and warehouses.

Data 91

Data Vendor Strategies Logistics Network Optimization Software Expense Reduction 91

Airfreight Logistics

NOVEMBER 1, 2020

This shipment is a great example of collaboration between carriers, ground handling agent, freight forwarder, container manufacturers, airport and customs authorities. Understanding the supply chain constraints now is primarily important as there is still time to fix any discrepancies we might have before COVID-19 vaccine regular shipments.

Scenario Planning 69

Scenario Planning Cargo Exercises Collaboration 69

Logistics Viewpoints

JULY 22, 2021

For example, forecasts are generated using the past three years of history, implicitly assuming history repeats. One off recommendations are made about facility locations (i.e., With over 30% of its revenues coming from new product launches, such dynamic reviews of the network and flows is becoming increasingly a necessity for the company.

Supply Chain Planning Software 162

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

Logistics Viewpoints

SEPTEMBER 7, 2022

The company had access to huge amounts of trade data, for example. But the further up the supply chain BD went, the less incentive suppliers had to participate in these exercises. But I was skeptical. It is not enough to have data; you need the right kind of data! And this would continue until a product supply chain was mapped.

Supply Chain Software 139

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 139

Talking Logistics

NOVEMBER 1, 2018

For example, companies are changing their delivery strategies based upon peak and slow seasons, or even the weather to best serve customers and keep their costs in line. For most, re-routes are a painful and time-consuming exercise. So why don’t companies perform re-routes or have strategic routing processes?

Resource Reduction 71

Resource Reduction Cost Reduction Supply Chain Planning Software Networks 71

Logistics Bureau

OCTOBER 29, 2020

Suppose you wanted to be the fastest runner in the world, for example. For example, are you sure that you don’t have one or two business units that excel in a performance element which, otherwise, is proving to be a weakness for your supply chain operations? Those levels are “benchmarks”.

Supply Chains 91

Supply Chains How To Scenario Planning Cost Reduction 91