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. Elimination of waste: Focus on adding value. Customer-driven. Management leadership.

Supply Chain Design Software 397

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

SYSPRO Smarter ERP

AUGUST 9, 2022

The last few years have proven that manufacturers need to be agile to respond to market demands at all levels of the operation without increasing costs and waste or sacrificing efficiency. Learning, for example, how to properly use systems and read data will improve business efficiency. Business Processes.

Course 105

Course Buyer Training Waste Reduction Expense Reduction 105

GoShip Blog

OCTOBER 10, 2018

LTL shipping providers allow businesses to save money by using only parts of a truck for their shipments instead of wasting money on a truckload shipment to only have half of the truck full. To learn about how to properly package a shipment on a pallet, check out our How to Safely Prepare Your LTL Freight Shipment post.

Waste Reduction 53

Waste Reduction Exercises Package delivery Packaging 53

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. A warehouse benchmarking exercise is an excellent way to start the quest for improvement opportunities. After all, lean is all about eliminating various forms of waste.

Cost Reduction 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

Compactor Management Company

OCTOBER 21, 2021

But how to do that? Teach your kids to separate the trash based on recyclable and compostable waste. You can include a beach clean-up exercise along with your picnic once in a while. You must’ve heard about best from the waste art. Ask kids to make their own paper with waste paper pulp. Bifurcation of Trash.

Waste Reduction 52

Waste Reduction Material Savings Resource Reduction Waste 52

Conger

MAY 6, 2019

To eliminate waste without sacrificing productivity to improve customer value. So we asked six Toyota experts: how are you applying lean management principles at your facility? Toyota Lean Management is a management philosophy that teaches team members how to solve problems in a way that is effective and sustainable.

Waste Reduction 59

Waste Reduction Inventory Reduction Material Savings Sourcing Strategies 59

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. Waste – which can be time-related, or associated with stock damages or loss. High Cost to Serve: It’s an Omnichannel Problem. Rework – due to errors. Customer behaviour.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

Infosys Supply Chain Management

JULY 31, 2014

The field engineers claim- We gave all the necessary information for the analysis, were not aware how to decipher the readings against the reference values so could contribute very little. The case discussed here is not a unique but one of countless cases where heaps of information gets wasted after being collected.

Case Study 28

Case Study Study Exercises Analysis 28

GlobalTranz

JANUARY 21, 2015

However, all are well worth employing to seek that holy grail of pushing out waste, inefficiency, and most importantly resources (time and money) out of your supply chain. Now that you know how to get a supplier day conference and are collaborating with your suppliers better, it’s time to have a value analysis exercise.

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Logistics Bureau

SEPTEMBER 25, 2016

Has your company discovered how to really turn knowledge into power? Learn How to Develop a Best-in-Class Supply Chain. Of course you don’t have to restrict benchmarking exercises to a single event at the start of a continuous improvement program. Waste produced in manufacture, storage and transportation.

Supply Chains 70

Supply Chains Scenario Planning Cost Reduction Waste Reduction 70

FourKites

JANUARY 7, 2021

No matter the size of your organization, the outcome is the same: supply chain operators are empowered to make quick, informed decisions without needing to waste time waiting for approvals from different layers of management. How to Create an Agile Supply Chain Model. How to Improve Supply Chain Agility.

Supply Chain Planning Software 52

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

Conger

MAY 6, 2019

To eliminate waste without sacrificing productivity to improve customer value. So we asked six Toyota experts: how are you applying lean management principles at your facility? Toyota Lean Management is a management philosophy that teaches team members how to solve problems in a way that is effective and sustainable.

Waste Reduction 40

Waste Reduction Inventory Reduction Material Savings Sourcing Strategies 40

WorkWave

NOVEMBER 16, 2023

Apart from helping pets get exercise while their owners are away or at work, these pet-sitting services also give peace of mind knowing someone trustworthy looks after their beloved family members. Apartment Complexes: Many apartment buildings allow tenants to own pets but struggle with keeping shared outdoor spaces clean from animal waste.

Waste Reduction 52

Waste Reduction Modeling Software Sourcing Strategies Cost Reduction 52

Locus

JANUARY 10, 2024

We’ll look at four strategies to optimize shelf replenishment, reducing stockouts, improving inventory management, cutting waste, and boosting productivity. Exercising Cost Control: Lastly, shelf replenishment is all about managing costs efficiently. This equates to more profits in the pocket.

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Waste Reduction 52

Logistics Bureau

OCTOBER 19, 2017

Another could be simply knowing how to fix the problem rapidly. Rather than just spending time and money on it, they can also learn how to make BCM add to their profit and growth. Plan how to handle these if they arise. Lean supply chains reduce waste and increase profit. Check if people know how to handle the situation.

Supply Chain Planning Software 45

Supply Chain Planning Software Supply Chain Design Software Supply Chain Design Supply Chains 45

Logistics Business Magazine

DECEMBER 11, 2022

In major markets such as Europe, consumers are looking for more durable, long-lasting products, because products that do have these characteristics become waste and go to landfill faster. Historically, this product ‘footprinting’ exercise was both tedious and expensive. Consumers are looking for more durable products.

Supply Chain Planning Software 55

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 55

Logistics Bureau

SEPTEMBER 4, 2023

Discounting prices for a known loss as part of a deliberate strategy to gain customers and increase sales is one thing, but unwittingly selling products at a loss is simply a waste. How can you assess the effect of price discounts without understanding your service costs? In short, you can’t.

Negotiating Skills 98

Negotiating Skills Purchasing Skills Cost Reduction Analysis 98

Infosys Supply Chain Management

JANUARY 15, 2015

The field engineers claim- We gave all the necessary information for the analysis, were not aware how to decipher the readings against the reference values so could contribute very little. None of the fleet engineers understood the actual intent of the data collection, neither did they appreciate the whole exercise.

Case Study 20

Case Study Study Exercises Analysis 20

Logistics Bureau

DECEMBER 28, 2024

We’re going to look at reasons why companies outsource, how to choose a third party logistics organization (3PLO), who the main players are, and how to be successful in working with a 3PLO. When these signs are evident firms often choose to outsource rather than waste time developing their own solutions. This is a mistake.

Outsourcing 52

Outsourcing Inventory Reduction Cost Reduction Price Reduction 52

Logistics Bureau

NOVEMBER 30, 2024

On the other hand, progressive companies have learned how to leverage their supply chain as a customer service enhancer. You’ll probably need some external help to model your distribution network and identify how to optimise it, but that doesn’t make it any less fundamental to business success.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

Logistics Bureau

OCTOBER 31, 2016

On the other hand, progressive companies have learned how to leverage their supply chain as a customer service enhancer. You’ll probably need some external help to model your distribution network and identify how to optimise it, but that doesn’t make it any less fundamental to business success.

Supply Chain Design Software 45

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 45