The Lean Thinker

OCTOBER 8, 2019

Do that before they even think about how they are going to teach it. Then develop training experiences and exercises that they believe will allow the learner to pass the test. As in the example above, a target condition should also be testable. Testing Your Target Condition.

Buyer Training 210

Buyer Training Optimization Software Modeling Software Optimization Modeling 210

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. “You guys are showing me how to run a business if I end up starting one.”

Supply Chain Design Software 397

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

Logistics Bureau

OCTOBER 1, 2024

Let me share with you some very simple tips this week on how to fit more into your warehouse so that you can either avoid or delay having to move to a larger facility. If we look at the right hand layout, which is after going through a slotting exercise, you can see how all of the faster movers are now down towards the dispatch area.

Capacity 77

Capacity How To Sorting Purchasing Skills 77

Logistics Bureau

DECEMBER 13, 2024

It can be surprising how many supply chain cost reduction opportunities spring to light when your team first puts a focus on lean. You might choose for example to look at the replenishment and picking processes in your warehouse/s. This exercise often reveals surprising inefficiencies and bottlenecks that werent previously obvious.

Cost Reduction 60

Cost Reduction Waste Reduction Material Savings Inventory Reduction 60

Sabinext

FEBRUARY 11, 2019

London, for example, accounts for 32 % of the UK’s national GDP produced by only 23 % of the population. Moving thousands of people and products effectively from A to B on a daily basis is an incredibly complex exercise, both financially and environmentally. The challenge of being too big to fail. Data-driven approach.

Optimal Sourcing 67

Optimal Sourcing How To Logistics Network Optimization Software Logistics 67

Material Handling and Logistics

DECEMBER 14, 2018

Learn how to organize your data operations in alignment with supply chain strategy. But before they can fulfill their role as the team that delivers, supply chain organizations must figure out how to use data more effectively. More data is coming in than ever before. 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

Logistics Bureau

OCTOBER 19, 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 62

Supply Chains How To Scenario Planning Cost Reduction 62

Logistics Manager

MARCH 10, 2020

Gartner has released a report detailing how to secure supply chains amidst the coronavirus (COVID-19) outbreak. Supply chain leaders and their teams can, for example, conduct a scenario planning exercise and develop action plans. This is the time to discover or develop alternative sources and diversify value chains.

Gartner 67

Gartner Scenario Planning Supply Chains Security 67

ShipLilly

AUGUST 5, 2021

Examples include port fires, inclement weather, and labor disputes. How to reduce or avoid port congestion surcharges? The first thing is to consider the discretion exercised by the shipping companies when calculating the congestion surcharge. They claim that there are so many unforeseen circumstances that they must consider.

Negotiating Skills 98

Negotiating Skills Cost Reduction Inventory Reduction Exercises 98

Conger

JULY 20, 2020

Chapter 4: How to Pass Your Forklift Certification Test With Flying Colors. How to Decide If the ‘Operator’s Life’ Is Right for You. Chapter 6: How to Get a Job as a Forklift Driver. Part I: How to Get a Forklift License. How to construct, transport, stack, and unstack loads. Hands-on training and evaluation.

How To 62

How To Buyer Training Training Course 62

Envase Technologies

JULY 21, 2022

Obviously it also makes a big difference to manage other parts of the business well – avoiding dry runs, for example, and minimizing idling time. That being said, it’s not sustainable for a business long-term, so we urge small trucking companies to accelerate their cash flow so they can exercise the option of not factoring.

Procurement Solutions 75

Procurement Solutions Purchasing Skills Eliminating Excel in Purchasing Optimization Software 75

Logistics Bureau

MAY 31, 2021

The tips in this article will help you know how to identify the customers, products, and processes that might be inflating your cost to serve (CTS) unnecessarily. 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. Rework – due to errors.

Cost Reduction 118

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 118

GlobalTranz

NOVEMBER 12, 2015

Performance management is basically how an organization manages potential problems and maintains standards within the workforce. 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.

Data 91

Data Vendor Strategies Logistics Network Optimization Software Expense Reduction 91

Logistics Viewpoints

SEPTEMBER 7, 2022

Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. 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.

Supply Chain Software 139

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 139

Logistics Bureau

DECEMBER 19, 2022

Slotting a warehouse product is the same, for example, as placing your umbrella close to your front door at home, so it’s easy to pick it up and run when it’s raining, and you’re late for work. It also stands to reason that when you undertake a slotting exercise, you should think about it from the perspective of these activities.

Production 106

Production Inventory Reduction Cost Reduction Resource Reduction 106

Logistics Bureau

NOVEMBER 14, 2018

Thus, if you find out that an expensive transport solution (courier for example) is routinely being used to deliver a low margin product to a customer, you’ll understand that much better if the end result for you turns out to be a loss. So How Do You Calculate CTS in the Real World? Customer-specific services. Returns management.

Purchasing Skills 99

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 99

Logistics Bureau

NOVEMBER 6, 2023

How to Improve Lighting Control It’s common for warehouse spaces to sit under artificial lighting even when or where it’s not strictly necessary. For example, could some areas of your warehouse be adapted via racking optimisation to store higher inventory volumes? The implementation of warehouse automation can be expensive.

Cost Reduction 116

Cost Reduction Purchasing Skills Waste Reduction Material Savings 116

GlobalTranz

APRIL 6, 2021

For example, many supply chain resiliency plans may have considered a health crisis in which organizations and key partners face lower-than-normal staffing levels. For example, hand sanitizer sales spiked 313% during one week in February 2020, according to reports from Nielsen. Embracing technology is part of that solution.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 75

WorkWave

MARCH 1, 2023

For example, a home with natural light can help improve your mood and provide better sleep. Table of Contents [Open] [Close] How To Plan Your Home Improvements Ideas for Making Your House a Better Home How To Plan Your Home Improvements Improving your home is a process that takes time and effort.

Exercises 52

Exercises Cost Reduction Material Savings Price Reduction 52

Logistics Bureau

MARCH 3, 2019

For example, if speedy delivery is a part of your service strategy (which is often the case in today’s on-demand environment), you will either need to locate your warehouses close to customers, or close to the facilities of your preferred carriers. For example, we need to know if we can get to the required level of packaging unit.

Supply Chain Design Software 108

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Scenario Planning 108

Talking Logistics

JANUARY 11, 2019

As reported by Reuters, “Amazon could build a stake of almost a third in warehouse robotics firm Balyo in the next seven years…Under the terms of the deal, Amazon will receive free stock warrants representing up to 29 percent of Balyo’s capital which it can exercise depending on orders of the company’s products.

Logistics Network Optimization Software 71

Logistics Network Optimization Software Supply Chain Software Optimization Software Logistics 71

Logistics Bureau

AUGUST 1, 2022

So it’s easy to see how vital it is for the demand planner to communicate and collaborate effectively with the functional stakeholders who own the necessary data. So, for example, the Head of Supply might be the Supply Chain Director, Supply Chain Manager, or another non-executive supply chain management specialist.

Supply Chain Planning Software 115

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 115

Conger

MAY 28, 2021

How to develop your own in-house forklift training program. How to Start Developing Your Own Forklift Safety Training Program. The instructor may give a lecture, show a PowerPoint slideshow, play videos, or host a question-and-answer exercise to discuss training topics. How to calculate forklift capacities. Let’s dive in.

Buyer Training 93

Buyer Training Training Course Operations 93

Logistics Bureau

SEPTEMBER 20, 2022

For example, it either makes sense to outsource logistics activity to a 3PL, or it makes more sense to keep it in-house. For example, outsourcing can seem like a potential cure for obfuscated logistics costs , given that lack of cost transparency is a common issue for organisations that manage logistics internally.

Outsourcing 111

Outsourcing Cost Reduction Resource Reduction Expense Reduction 111

ShipLilly

AUGUST 5, 2021

Examples include port fires, inclement weather, and labor disputes. How to reduce or avoid port congestion surcharges? The first thing is to consider the discretion exercised by the shipping companies when calculating the congestion surcharge. They claim that there are so many unforeseen circumstances that they must consider.

Negotiating Skills 52

Negotiating Skills Cost Reduction Inventory Reduction Exercises 52

Ship Monk

AUGUST 2, 2023

A product category like apparel, for example, has too many subcategories to be considered a niche. Whether you’re an e-tailer that sells a variety of brands, or a startup brand trying to make a name for itself, your niche will help you figure out how to present yourself to the world (and what parts of the world you can safely ignore).

eCommerce 52

eCommerce Material Savings Cost Reduction Inventory Reduction 52

Logistics Bureau

APRIL 4, 2022

It will also make it easier to determine, for example, if you should opt for contract rates over spot rates or vice versa. Freight Benchmarking: How to Do it Right. Firstly, if you plan to benchmark as a one-off exercise now and again, you might engage a specialist team of consultants to execute a project for you.

Negotiating Skills 95

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 95

Logistics Business Magazine

MAY 5, 2020

Creating supply chain resilience is a holistic exercise that involves more than just a few savvy logistics people. As mentioned, this should not be an exercise limited to supply chain professionals. For example, how vulnerable is the manufacturing location when it comes to labour regulations, corruption, or flooding?

Supply Chain Planning Software 45

Supply Chain Planning Software Supply Chain Software Supply Chains Sourcing Strategies 45

Globalior

MAY 11, 2020

For example, if you are re-exporting controlled products containing US technology out from Singapore, you will need to meet the export controls requirements of US and the strategic goods controls of Singapore. You will find more information on how to do so on our article about determining an ECCN.

Exercises 52

Exercises Meeting Article Production 52

FourKites

JANUARY 7, 2021

The COVID pandemic may have been an extreme example of what can go wrong, but it also underscored the importance of planning and decision-making in the event of sudden disruptions that upend the normal working of the complicated modern supply chain apparatus. How to Create an Agile Supply Chain Model.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 52

The Logistics Academy

AUGUST 21, 2016

For example, they are dealing with slowing store sales and are closing stores. It is not fulfillment exercise of shipping quickly from distribution centers. It is about the supply chain and how to move products through it—not just ship from warehouses. The change is expanding from mass merchandising to tailored direct selling.

Supply Chains 40

Supply Chains Purchasing Skills Exercises Ordering 40

GoShip Blog

MARCH 21, 2023

How to Create an Effective Inbound Freight Management Strategy To ensure that your inbound freight systems are seamless and efficient, you will have to pour time and energy into implementing the new processes into your business. Exercise patience when asking freight providers to take on new lanes. Communicate in a timely manner.

Inbound 52

Inbound Optimization Software Material Savings Optimization 52

Automotive Logistics

APRIL 15, 2019

Many early examples have focused on warehouse management and product picking, but, as the technology improves and the range of products on the market increases, there is some evidence that the use of this technology could go much further. . Simon Woodward, head of accelerated innovation and digitalisation, DHL Supply Chain UK and Ireland.

Supply Chain Design Software 54

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Software 54

Logistics Bureau

NOVEMBER 20, 2023

Whether that is the case or not, a brief study of the origins and progression of fleet route optimisation, covering the last three decades or so and looking forward to the near future, highlights in a spectacular way how technology, in particular, has revolutionised the business of logistics.

Presentation 91

Presentation Optimization Software Logistics Network Optimization Software Optimal Sourcing 91

Transporeon

MARCH 13, 2017

Read on to learn how to shift from Technophobia (Fear of Technology) to FoMO (Fear of Missing Out). Some suppliers view RFPs as static cost-cutting exercises, which devalue their offering. As companies become leaner and available time becomes scarcer, process automation is the clear solution for busy procurement and supply chain teams.

Sourcing 48

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

FreightWaves SONAR

JUNE 5, 2023

In this blog post, we’ll walk through some of the obstacles to medium-term demand planning, consider how high-frequency supply chain data can help fill the informational gaps that companies are grappling with, and then look at a real-world example of how the data in FreightWaves SONAR can give insight into the goods economy.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Data Freight 52