Logistics Viewpoints

NOVEMBER 18, 2024

Schneider Electric provides energy management and industrial and building automation products and services. Energy management solutions are products that energy utilities use to produce power and data centers use to consume power. They also produce industrial automation solutions that allow factories to monitor and control production.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Planning Software 120

The Lean Thinker

JULY 2, 2024

Nor did they talk about executive bonuses or using excess cash for stock buybacks to raise the price of outstanding stock rather than investing that money into developing new aircraft; improving existing products or processes; or distributing that profit as dividends to the shareholders. I hired into Boeing in July of 1989.

Supply Chain Design Software 397

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

Logistics Viewpoints

OCTOBER 23, 2023

The profession has not yet managed to integrate product development into core decisions in a meaningful way. One thing that makes Musk distinctive is his hands-on approach to product design. At both Tesla and SpaceX, Musk put the design engineers in charge of production. You can’t hand it off to someone else.

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Manufacturing Procurement Production Supply Chain Design Procurement 127

Logistics Viewpoints

JANUARY 30, 2025

For instance, fixed slotting strategies assign products to specific locations based on historical data rather than dynamic needs, and hardcoded rules assign specific tasks to workers based on static roles or zones, rather than dynamically allocating tasks based on workload or real-time conditions.

Optimization Software 95

Optimization Software Resource Reduction Automation Logistics Network Optimization Software 95

Logistics Bureau

DECEMBER 24, 2024

For example, companies that have their own in-house vehicle fleet often struggle to deliver products on time. For instance, a service ratio of less than 98% of deliveries delivered on time is a major issue for modern consumers as they have become far more demanding.

Outsourcing 52

Outsourcing Warehousing Negotiating Skills Purchasing Skills 52

Logistics Bureau

DECEMBER 19, 2022

If you browse through the Logistics Bureau blog, you’ll find at least two or three articles—and about the same number of videos—that cover warehouse product slotting. So here it is—your ultimate guide to warehouse product slotting. What is Product Slotting. As this is an “ultimate” guide, we’ll start with the basics.

Production 98

Production Inventory Reduction Cost Reduction Resource Reduction 98

Logistics Viewpoints

JANUARY 9, 2025

This scalability is particularly valuable for meeting sudden demand spikes, such as during the holiday season or following a successful product launch. Accelerate Product Launches Rapid fulfillment is critical for businesses introducing new products. Moreover, flexibility enables geographic expansion.

Resource Reduction 123

Resource Reduction Logistics Network Optimization Software Modeling Software Inventory Reduction 123

GoShip Blog

FEBRUARY 20, 2025

For example, a product classified as Class 150 instead of Class 70 could mean paying twice as much. Lower-class shipments (e.g., Class 50) cost significantly less than higher-class shipments (e.g., Class 150+). Choosing the wrong NMFC classification can double your shipping costs. Always verify your freight class before booking.

Negotiating Skills 52

Negotiating Skills Waste Reduction Expense Reduction Freight 52

Trinity Logistics

SEPTEMBER 16, 2021

To make a profit, you need to get your customers the right product at the right time, and for the best cost. Before we jump into how to reduce your transportation costs, it’s essential to understand what factors are causing them to rise. The post How to Reduce Transportation Costs appeared first on Trinity Logistics.

Cost Reduction 110

Cost Reduction Expense Reduction Price Reduction Vendor Strategies 110

The Logistics of Logistics

APRIL 28, 2019

11:45] Take us through each one of these groups and how to identify them. [12:50] For example, Richard Branson, the English business magnate behind the Virgin Group is an experiencer. For example, Flexport is a company with a theorist mindset. Elon Musk is another example of a theorist. Complexity is your enemy.”

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Resource Reduction Groups Examples Efficiency 238

The Lean Thinker

OCTOBER 13, 2020

It was used in conjunction with our “how to walk the gemba” coaching sessions that we did with the lean staff, and then taught them to do with leaders. The fundamentals are based on the “Rules-in-Use” from Decoding the DNA of the Toyota Production System , a landmark HBR article by Steve Spear and H. Kent Bowen.

Waste Reduction 397

Waste Reduction Buyer Training Document Production 397

Logistics Bureau

OCTOBER 10, 2022

For example, you can optimise for cost, profit, or service, but not for all of them. Indeed, the higher the level of service your company aspires to, particularly regarding product availability, the more inventory you will likely hold. That’s why, for most companies with products to sell, high service levels are a critical goal.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Modeling Optimization Software 105

3PL Links

NOVEMBER 26, 2024

Image source: Pexels | Everything You Should Know About Automation in Fulfillment Logistics Introduction to Automation in Logistics Have you ever thought about how Amazon delivers packages quickly and efficiently? And how does technology change the way products are shipped? Another strong point is delivery.

Supply Chain Software 62

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

Ship Monk

APRIL 28, 2023

But how much do people really care if an ecommerce business is eco-friendly? And are they willing to pay more or wait longer for products from eco-friendly brands? If products have a longer delivery window they can travel by ground transportation instead of air, which drastically reduces energy waste. We have proof.

eCommerce 97

eCommerce Waste Reduction How To Material Savings 97

The Logistics of Logistics

NOVEMBER 2, 2022

Ann Holm and Joe Lynch discuss how to reclaim your energy, passion, and time. She has written the book Educator Bandwidth: How to Reclaim Your Energy, Passion, and Time. Stop trying to be in two places at once – it makes you way less productive. I wanted more, but I didn’t know how to get it. About Ann Holm.

Buyer Training 195

Buyer Training Logistics Network Optimization Software Modeling Software Supply Chain Software 195

SYSPRO Smarter ERP

MARCH 20, 2024

An effective data management solution makes information easily accessible via a central dashboard, with tabs geared to various business departments (from sales to finance, production and inventory). The post How to Improve your Manufacturing Processes with Business Intelligence appeared first on SYSPRO Blog.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Expense Reduction Cost Reduction 105

Ship Monk

FEBRUARY 18, 2021

Even if you think your product selection is as good as it gets, it doesn’t hurt to double and triple check your convictions. In eCommerce terms, niches are product categories that are tied together by a common theme. Either way, niches are the starting point for any product-based business. How to Choose Your eCommerce Niche.

eCommerce 97

eCommerce How To Cost Reduction Course 97

SYSPRO Smarter ERP

SEPTEMBER 20, 2022

If the BOM is not accurate, labor and components that comprise the production jobs will be wrong, and therefore capacity planning for the factory will be wrong. So how should businesses build, manage and maintain their BOM to ensure none of these problems occur? How detailed should a BOM be? The importance of accuracy.

ERP 116

ERP Material Savings Manufacturing Procurement How To 116

Logistics Viewpoints

JUNE 9, 2022

These parameters might be of a logistic nature, for example, the ABC classification of goods. For example, you can define the necessary servicing work for each machine to prevent failures, or schedule personnel so that the right employees are available. They might also affect the technologies or resources.

Logistics Network Optimization Software 117

Logistics Network Optimization Software Optimization Software Supply Chain Planning Software Modeling Software 117

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Investments in logistics and supply chains would potentially support wider product ranges, foster time savings and attract larger numbers of customers. You can even use comparable existing product history as a starting point to model a forecast for a new product. Managing Inventory.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Manufacturing Procurement 105

Trinity Logistics

NOVEMBER 30, 2021

On a high level, there are two different types of companies that offer TMS products. Just like buying QuickBooks doesn’t automatically make you an accountant or purchasing Adobe Creative Suite doesn’t make you a graphic designer, purchasing a TMS outright doesn’t automatically make you an expert in how to use it.

Supply Chain Design Software 116

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 116

ShipLilly

JULY 7, 2021

Although cargo theft is an ongoing problem for the trucking industry throughout the season, it makes sense that criminals would escalate their efforts when high value products are being imported and exported. The most popular products include building materials, household goods, and beverage items.

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Cargo How To Tips Tracking and Tracing 98

Logistics Viewpoints

MARCH 11, 2025

For example, with a data gateway, a supply planner gains accelerated access to customer orders, inventory levels, and transportation schedules, all in one place, to increase the user experience of making the right choice to identify inefficiencies and make better, more informed decisions.

Optimal Sourcing 132

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 132

Ship Monk

DECEMBER 30, 2020

Ready to pair your fabulous products with fabulous shipping? Read on to learn the what and how of sprucing up your shipping options. Slightly inflate the prices of your products so that they cover part of the shipping, while still technically keeping shipping free. It’s all about the balance, baby. Table Rate Shipping.

How To 96

How To Cost Reduction Purchasing Skills eCommerce 96

SYSPRO Smarter ERP

FEBRUARY 24, 2025

The real benefit of implementing an ERP system lies in integrating core business functions such as finance, inventory management, production and sales into a single, unifying platform that provides a business-wide view using centralized data. The people who do the work and how they are functionally organized.

ERP 94

ERP Resource Reduction Cost Reduction Inventory Reduction 94

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Marketing Yourself.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 98

Logistics Viewpoints

APRIL 1, 2025

For example, with a data gateway, a supply planner gains accelerated access to customer orders, inventory levels, and transportation schedules, all in one place, to increase the user experience of making the right choice to identify inefficiencies and make better, more informed decisions.

Optimal Sourcing 107

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 107

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. How to Benchmark Your Supply Chain With KPIs. The Importance of Aligned Objectives.

Supply Chain Software 96

Supply Chain Software Supply Chains Scenario Planning Cost Reduction 96

WorkWave

MARCH 26, 2024

Real-World Examples of Effective Delivery Route Planning To illustrate the impact of delivery route planning on a seamless customer experience, let’s examine a few real-world examples. How can businesses benefit from using route optimization software? Is route optimization software suitable for businesses of all sizes?

Optimization Software 105

Optimization Software Optimization Logistics Network Optimization Software Cost Reduction 105

3PL Links

OCTOBER 29, 2024

Real-World Example: Take the example of Zara , a global leader in fashion retail. Their success is partly due to their adoption of real-time inventory systems that track stock at every point in the supply chain, from production to in-store sales.

Inventory Reduction 62

Inventory Reduction Optimal Sourcing Inventory Cost Reduction 62

3PL Links

DECEMBER 3, 2024

As the name suggests, production must be lean, and only tasks that truly add value are maintained. It was in this context that Toyota executives began to reflect on how to simplify their production to reduce costs. In the late 1940s, Japan was going through a difficult time, in the midst of post-war reconstruction.

Waste Reduction 62

Waste Reduction Inventory Reduction Optimal Sourcing Resource Reduction 62

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. It may do, but how do you know? Step 5: Consider Productivity and Visibility. For example: How much automation will you need in your warehouse(s)? Fantastic—but what’s missing?

Inventory Reduction 98

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 98

Logistics Bureau

JANUARY 20, 2025

For example, it takes your inventory levels and customer orders from the ERP, then calculates the best production schedule or the most efficient way to distribute your products. Think of it managing things like purchase orders, invoices, and inventory records.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Design Software Optimization Software Supply Chain Software 74

3PL Links

DECEMBER 10, 2024

Before you begin LTL shipping, you need to be familiar with what it is and how to use it. 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. How to optimize LTL shipping? What is LTL freight?

Optimal Sourcing 62

Optimal Sourcing Purchasing Skills 3PL Price Reduction 62

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. You don’t have to think about it, because it is a habit.

Material Savings 236

Material Savings Examples Resource Reduction How To 236

The Lean Thinker

JULY 11, 2024

To cut to the chase, I ended up learning how to spell “anterior cruciate ligament” and later on how to spell “arthroscope.” If production fell behind, they extended lead times in the system (which is the worst thing you can do in this case). The expansion, examples and explanations are my interpretation.

MRP 195

MRP ERP Course Resource Reduction 195

Dedola Global Logistics

SEPTEMBER 30, 2024

How to Prepare for a Strike and Its Impacts: A Guide for Supply Chain Leaders Port strikes can severely disrupt businesses that rely on ocean and air freight, leading to delayed shipments, increased costs, and logistical nightmares. For example, air freight can be a useful alternative to ocean freight when port strikes loom.

Supply Chains 84

Supply Chains Scenario Planning Negotiating Skills Inventory Reduction 84