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. This makes sense. Coaching Starter Kata.

Material Savings 237

Material Savings Examples Resource Reduction How To 237

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. Industries need to continuously bridge the skills gap whilst retaining their current workforce. Industry 4.0 Manufacturing.

Course 105

Course Buyer Training Waste Reduction Expense Reduction 105

Material Handling and Logistics

DECEMBER 14, 2018

Complex supply chains generate more data, which companies can use to drive greater efficiency or engage in innovation that disrupts an entire industry—think Amazon. As another example, airlines can analyze long-term weather patterns at their destination cities and gain insights that have a significant impact on logistics operations.

Supply Chain Software 166

Supply Chain Software Optimal Sourcing Supply Chains Data 166

Logistics Viewpoints

MAY 26, 2022

Across many of our industries, conventional wisdom about best practices for supply chain operations and logistical networks is being challenged. The percentage of purchases made and fulfilled through digital commerce has exploded in the past two years, advancing a pre-pandemic trend by as much as 10 years according to some industry watchers.

Supply Chain Software 136

Supply Chain Software Optimal Sourcing Supply Chain Design Software Logistics Network Optimization Software 136

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.

Supply Chains 76

Supply Chains Exercises Picking Video 76

ShipLilly

AUGUST 5, 2021

As the shipping industry has grown, port capacity has not always caught up in time in the last 10 years. Unless things are regulated in the short term, this is a danger to the industry. Examples include port fires, inclement weather, and labor disputes. Increasing demand and static port capacity makes matters worse, not better.

Negotiating Skills 98

Negotiating Skills Cost Reduction Inventory Reduction Exercises 98

Logistics Bureau

JANUARY 2, 2025

So thats the route were taking in this article (no pun intended), we’ll be exploring the evolution of fleet route optimisation from a time-consuming pen-and-paper exercise to a high-tech process that, in some cases, can be completed in minutes. But first, what is route optimisation?

Logistics Network Optimization Software 75

Logistics Network Optimization Software Optimization Software Optimal Sourcing Logistics 75

Logistics Viewpoints

JANUARY 13, 2022

However, such pivots will take several years and will be extremely capital intensive in some industries such as semiconductors or pharmaceuticals. American Supply Chain Resilience Act and the German Supply Chain Act are just two examples of this.

Supply Chain Design Software 124

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 124

Logistics Bureau

JANUARY 16, 2025

Common examples of Supply Chain Disruptions So what are the main reasons that you need to consider supply chain resiliency in the first place? Once this exercise is completed, your company can then assess the risk from tier-two suppliers onwards.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies Supply Chain Software 74

AIMMS

FEBRUARY 1, 2021

One in the pharmaceuticals industry and another in consumer hi-tech products. While businesses differ in complexity and size, for this exercise we extrapolated based on these $7.5Bn baselines. The benefits modeled become considerable and reach the high tens of millions with logistics intensive industries, such as pharma and high-tech.

Supply Chain Design Software 116

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

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 105

Buyer Training Exercises Training Maintainability 105

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 124

Scenario Planning Supply Chain Planning Software Sourcing Strategies Digital 124

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 105

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 105

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 98

Exercises Military Government Supply Chains 98

Bringg

AUGUST 16, 2018

This new subscription model has proven extremely successful in other industries. The best example is probably Amazon Prime, with the company announcing early this year that they now have over one hundred million subscribers worldwide. However, can this strategy be sustainable and profitable in the long term?

Expense Reduction 72

Expense Reduction Cost Reduction Purchasing Skills Exercises 72

Logistics Business Magazine

MAY 5, 2020

For any company, the next big disruption does not have to be a pandemic; it can be something minuscule on a global scale yet have the same devastating effect on the ill-prepared, in particular trade lanes or in a particular industry. As mentioned, this should not be an exercise limited to supply chain professionals. Risk Assessment.

Supply Chain Planning Software 45

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

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. Other basic foundational tasks for setting up a good cybersecurity program include doing a good asset inventory.

Supply Chain Software 124

Supply Chain Software Manufacturing Procurement Logistics Network Optimization Software Automation 124

Logistics Bureau

DECEMBER 24, 2024

This has fuelled growth of the third-party outsourcing industry and expansion of scores of logistics service providers. For example, companies that have their own in-house vehicle fleet often struggle to deliver products on time. It must be a joint exercise. Flexibility andScalability. This is a mistake.

Outsourcing 52

Outsourcing Warehousing Negotiating Skills Purchasing Skills 52

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. What are the accepted lead times in the industry?

Supply Chain Design Software 112

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 112

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 98

Production Operations Logistics Network Optimization Software Training 98

ShipLilly

SEPTEMBER 20, 2021

Given CMA CGM’s position in the shipping industry, there are serious implications that result from this decision. Others are of the view that this is nothing more than a public relations exercise without really dealing with spot capacity and price issues. Some experts consider this decision to be a game-changer.

Price Reduction 94

Price Reduction Cost Reduction Material Savings Maritime 94

Airfreight Logistics

NOVEMBER 1, 2020

Yulia Celetaria, Global Director, Pharma for AirBridgeCargo Airlines, said: “We are proud to be stepping away from the previously existing fragmented nature of the air cargo industry toward a collaborative approach where all the stakeholders function as a single unit to ensure the integrity of pharmaceutical products.

Scenario Planning 69

Scenario Planning Cargo Exercises Collaboration 69

Blue Grace Logistics

OCTOBER 26, 2017

Some truck carriers have introduced last mile delivery services for items such as exercise equipment, mattresses, and furniture. As a result, some truck carriers such as JB Hunt, Estes and Werner have introduced last mile delivery services for items such as exercise equipment, mattresses, and furniture. billion to $34.9

Logistics Network Optimization Software 69

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 69

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. He founded FourKites in 2014 after recognizing pain points in the logistics industry and designing elegant and effective systems to address them. He lives in Chicago.

Inventory Reduction 105

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Inventory 105

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. A lot will depend on the nature of your industry and the categories of supplies that you receive. Cost per Purchase Order and Cost per Invoice.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Logistics in War

MAY 2, 2024

There are, of course, many other examples where assumptions had led to risks being accepted in advance of war, and preparedness failures occurred as a result. Nonetheless, and in due course, Defence will have to work with its partners in Government, industry and the community writ large to ensure the opportunity is not squandered.

Resource Reduction 116

Resource Reduction Strategy Military Logistics 116

Talking Logistics

APRIL 6, 2017

While these approaches can certainly deliver a significant return on investment (ROI), other strategies that can positively impact their transportation network are often overlooked – for example, thinking more strategically about capacity. Are you looking beyond the readily-available traditional truck brokerage solution?

Capacity 74

Capacity Price Reduction Sourcing Strategies Cost Reduction 74

Talking Logistics

JUNE 29, 2017

When it comes to supply chain design, we’re at another inflection point in the industry. The first one arrived a few years ago when a growing number of companies started treating supply chain design as a continuous business process instead of a standalone project or a once-a-year exercise.

Supply Chain Design Software 44

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 44

Logistics Business Magazine

NOVEMBER 24, 2022

Anyone who works in the transportation industry knows that supply chains have never exactly been ‘normal’, writes Stephan Sieber (pictured), CEO of Transporeon. Although it’s hard to know for sure, here are three trends that are likely to shape the supply chain industry over the next 12 months. One example is multi-shoring.

Trends 68

Trends Sourcing Strategies Transportation Cost Reduction 68

Logistics in War

JUNE 20, 2020

Military partnerships exponentially improve the depth of logistics capacity available, creating force posture options that may not have existed before, shape regional capability, and influence long-term commitment through the sharing of organic and non-organic national industrial capability. The Australian and U.S.

Negotiating Skills 92

Negotiating Skills Supply Chain Planning Software Military Logistics Network Optimization Software 92

Logistics in War

OCTOBER 17, 2019

Any operation defending the Australian north-west demanded was a difficult logistics enterprise, as highlighted by exercises such as the long-standing ‘Kangaroo’ series. An assumption in all cases had been made that industry would – without any coherent prompts from Government or Defence – fill any short-notice operational needs.

Resource Reduction 98

Resource Reduction Cost Reduction Operations Military 98

Logistics Bureau

APRIL 3, 2023

So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. For example, US-based companies may be quite fortunate if they have access to manufacturers right on their doorstep in Mexico, a country with far lower labour costs than the rest of North America.

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

20Cube Logistics

MARCH 6, 2022

Fashion industry is associated with a lot of glitz and glamor. When you add the unpredictability of the circumstances and the fluctuation of tariffs to the erratic nature of the industry itself, the supply chain gets even more complicated and difficult to grasp.

Logistics Network Optimization Software 75

Logistics Network Optimization Software Scenario Planning Supply Chain Software Trends 75

Logistics Viewpoints

JUNE 28, 2024

The information the companies gather could, for example, allow managers to receive information about unexpected frost harming cherry production or information about harvesting delays, which could result in inventory changes.

Purchasing Skills 117

Purchasing Skills Logistics Network Optimization Software Waste Reduction Price Reduction 117

Logistics Bureau

NOVEMBER 8, 2021

So, for example, if your business competes strongly on price, you might go heavy on the cost-reduction side of supply chain management, setting objectives centered on savings. Conflicting KPIs: A Brief Example. The Importance of Aligned Objectives. Nevertheless, service and cost should be the primary areas of concentration every time.

Supply Chain Software 96

Supply Chain Software Supply Chains Scenario Planning Cost Reduction 96

Sabinext

FEBRUARY 11, 2019

But beyond the business implications of growing profitability in urban environments, industry leaders have a responsibility to think sustainably when tackling megacity challenges. London, for example, accounts for 32 % of the UK’s national GDP produced by only 23 % of the population. The challenge of being too big to fail.

Optimal Sourcing 67

Optimal Sourcing How To Logistics Network Optimization Software Logistics 67

Turvo

NOVEMBER 16, 2021

Although the US economy is getting back on its feet, the supply chain industry continues to grapple with disruptions, some of which have been hampering operations since early 2020. During the holiday shopping season, sky-high ocean freight rates are major contributors that will strain the industry and shoppers alike.

Freight 85

Freight Supply Chain Planning Software Scenario Planning Security 85