The Lean Thinker

DECEMBER 14, 2023

It took four 11×17 (A3 size) sheets taped together to depict what happened as raw steel came in one end of the building and was cut, bent, welded, painted, and assembled with purchased components into the final product. What they wanted , though, was for me to report my findings to them once I was done.

Outsourcing 195

Outsourcing Factories Exercises Procurement Analytics 195

SYSPRO Smarter ERP

JUNE 29, 2022

Equipment is purchased on the assumption that it will last years and can be depreciated over its useful life. If they can do this, then manufacturing processes can be integrated with the company ERP system and metrics like OEE (Overall Equipment Efficiency) can be used to monitor overall manufacturing productivity.

Manufacturing Procurement 111

Manufacturing Procurement Optimal Sourcing Optimization Software Purchasing Skills 111

Logistics Viewpoints

AUGUST 7, 2024

New Building Automation Systems Expand the Threat Surface Buildings require reliable 24-hour operation, and the move to new technologies such as industrial IoT, cloud computing, edge computing, and analytics is driving a shift to remote building management and monitoring.

Supply Chain Software 122

Supply Chain Software Manufacturing Procurement Logistics Network Optimization Software Automation 122

Logistics Viewpoints

AUGUST 1, 2024

In this scenario, by adopting an adaptive supply chain, the retailer uses real-time data analytics to identify emerging trends and collaborate closely with suppliers to quickly adjust production and inventory levels to meet customer demand.

Supply Chain Design Software 125

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Scenario Planning 125

Logistics Viewpoints

JUNE 28, 2024

The company said that it used 85,916 metric tons of single-use plastic that year, an 11.6 The company is selling Coyote for $775 million less than the purchase price. The company disclosed the total of single-use plastic across global operations for the first time in 2022 after investors sought more details on plans to reduce waste.

Purchasing Skills 114

Purchasing Skills Logistics Network Optimization Software Waste Reduction Price Reduction 114

Logistics Manager

MARCH 10, 2020

Gartner has released a report detailing how to secure supply chains amidst the coronavirus (COVID-19) outbreak. Consumers: Consumers may be more cautious in their purchasing habits due to fears about being in public and potential exposure to the virus. Finding alternative routes and means of transportation will become difficult. ?

Gartner 67

Gartner Scenario Planning Supply Chains Security 67

Blue Grace Logistics

OCTOBER 14, 2020

The evident change in consumer behavior and the booming e-commerce marketplace has opened access to new consumer segments relying on faster doorstep deliveries for products that were earlier purchased the traditional way. The need for advanced analytics has been stressed time and again to enable businesses to respond better to disruption.

Resource Reduction 62

Resource Reduction Negotiating Skills Cost Reduction Supply Chain Planning Software 62

Logistics Viewpoints

MAY 26, 2022

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. The accelerated shift of buying behavior in both B2C and B2B markets also is playing a huge role in redefining our landscape.

Supply Chain Software 135

Supply Chain Software Optimal Sourcing Supply Chain Design Software Logistics Network Optimization Software 135

Logistics Bureau

DECEMBER 24, 2024

Research indicates that up to 75% of firms report positive impacts from outsourcing to logistics service providers (Langley J, Capgemini 2007). Reduction in asset capital.Warehouses and vehicles are expensive to purchase or lease and can tieupmillions of dollars that could otherwise be invested in the core business of the firm.

Outsourcing 52

Outsourcing Warehousing Negotiating Skills Purchasing Skills 52

Logistics Bureau

APRIL 3, 2023

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. Through collaboration with your procurement partner, you can reduce inventory levels and then potentially downsize your warehouse capacity needs.

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

Logistics Bureau

JANUARY 7, 2020

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management. Procurement costs.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

GlobalTranz

APRIL 6, 2021

But the rapid shift from retail to online purchasing for staples and the surge for protective equipment, as well as unanticipated products like bread makers and home-schooling items, left many retailers flatfooted. For example, hand sanitizer sales spiked 313% during one week in February 2020, according to reports from Nielsen.

Supply Chain Planning Software 75

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

Logistics in War

MARCH 11, 2025

The answer cant afford to be as simplistic as thirty days of supply or purchase from the global market. A recent report by the US Defense Science Bureau written for senior leadership highlights the impacts of strategic competition on the US militarys capacity to protect its strategic interests independently.

Military 59

Military Operations Logistics Network Optimization Software Supply Chain Planning Software 59

Logistics Bureau

MAY 31, 2021

If yours is one of those businesses shifting from traditional to online retail, you’ve probably faced some of the logistical challenges arising from the need to deliver your customers’ purchases to them. Those expenses can increase the cost to serve by a considerable amount. Why Modeling Makes Sense. Equipment use.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

Logistics Business Magazine

JULY 10, 2020

After a comprehensive procurement exercise Telford based masonry manufacturer, Besblock, purchased a 70D-9, 7,000kgs diesel forklift truck from Compact Fork Truck Sales Manager, Greg Silvers. We’re pleased to officially join forces with Hyundai and excited for the new opportunities this creates.”.

Manufacturing Procurement 56

Manufacturing Procurement Procurement Analytics Eliminating Excel in Purchasing Materials Handling 56

Dedola Global Logistics

JULY 28, 2023

This period, fueled by back-to-school purchases and holiday season preparations, typically sees a significant surge in US product demand. The industry has observed lower volumes as importers exercise caution, contrary to expectations. Every year, the US import peak season kicks off in July and lasts until October.

Price Reduction 80

Price Reduction Expense Reduction Cost Reduction Scenario Planning 80

Logistics Bureau

OCTOBER 2, 2016

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management. Procurement costs. Click To Tweet.

Supply Chain Design Software 99

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 99

Talking Logistics

DECEMBER 8, 2017

My exercise plans for the weekend are set. As reported by the Wall Street Journal : United Parcel Service Inc. The company said on Wednesday “that soaring online purchases have caused delays in its distribution network,” according to Reuters. Rake today, shovel tomorrow. Just ask UPS and Walmart. Walmart is in the same boat.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Software SAP Supply Chain Design Software 0

WorkWave

AUGUST 22, 2024

However, it’s vital to exercise caution and avoid over-ordering, as this can lead to waste reduction challenges and increased expenses. Additionally, loyalty programs like summer subscriptions play a vital role in capitalizing on the season’s abundant flower purchases. Ready to grow your business? Book a demo today!

Optimization Software 52

Optimization Software Cost Reduction Price Reduction Expense Reduction 52

Talking Logistics

OCTOBER 29, 2018

First, let’s define TMS – this is the software used to manage purchased transportation. Please involve procurement/purchasing, materials management, the planning and forecasting group, warehouse operations, facilities, finance / accounting, IT, customer service / sales, and anyone else that will touch this implementation.

Supply Chain Design Software 72

Supply Chain Design Software Supply Chain Planning Software Modeling Software Resource Reduction 72

Logistics Bureau

OCTOBER 10, 2024

Fortunately, it’s common for product families to share similar velocity metrics. Using Throughput Velocity as a Basis for Slotting The pace at which products move out of the warehouse is the metric that logistics managers typically prioritise in a slotting project. And remember that you don’t have to slot everything.

Production 74

Production Inventory Reduction Cost Reduction Expense Reduction 74

Logistics Bureau

NOVEMBER 14, 2018

Orders can be evaluated in terms of their true Cost to Serve, and either accepted, declined, or modified on that basis. Seasonal variations can be taken into account, whether in the costs of production, storage, or transport. B) Dealing with order-changers: Some order changes in business are inevitable, but they all have a cost.

Purchasing Skills 93

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 93

Infosys Supply Chain Management

JULY 26, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. We came up with an action plan of having a MDM Quality Report based on Product-Locations master data, Transportation Lanes & Production Process Models (PPM) master data from APO Production environment.

Supply Chain Planning Software 29

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 29

Logistics Bureau

SEPTEMBER 4, 2023

When costs begin to spiral out of control, the result is usually a loss of revenue in proportion to sales. Potential Factors in Declining Margins To get to the root of the problem, understanding the costs of production or purchasing will be a necessary starting point, but typically, more information will be needed.

Negotiating Skills 98

Negotiating Skills Purchasing Skills Cost Reduction Analysis 98

WorkWave

AUGUST 13, 2020

For instance, patients can simply go to their local clinic to receive medical images, blood testing, or a pathology report, and then those can be sent forth for specialist review. A patient with heart disease on a strict diet and exercise regimen, for instance, could be routinely monitored to confirm they are following treatment guidelines.

Procurement Solutions 98

Procurement Solutions Resource Reduction Cost Reduction Video 98

Logistics Business Magazine

DECEMBER 11, 2022

As more consumers are becoming aware of sustainability and human rights issues within the industry, purchasing trends may shift towards higher-quality products for those who can afford them or second-hand items. Historically, this product ‘footprinting’ exercise was both tedious and expensive.

Supply Chain Planning Software 55

Supply Chain Planning Software Supply Chain Software Supply Chains Trends 55

Logistics Bureau

FEBRUARY 1, 2025

However, agility can be said to begin at the last stage in the supply chainthe point at which consumers make their purchase in-store or place their orders online. Zara for example, has all but eliminated the need for far-horizon forecasting by turning its model into one that creates rather than predicts demand.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 75

Logistics Bureau

DECEMBER 18, 2017

These responsibilities extend across functions and when properly exercised, comprise supply, demand, distribution, production, purchasing and capacity planning. Inventory planning metrics and KPIs: You should be able to quantify the performance of systems, processes, and people involved in inventory planning.

Supply Chain Planning Software 40

Supply Chain Planning Software Inventory Reduction Inventory Scenario Planning 40

Logistics Bureau

AUGUST 17, 2017

A better understanding of supply chain cost dynamics can help companies recognise their profitable customers. Traditional reporting methods aggregate revenues and costs to the extent that poorly performing sectors of the business are hidden from view. Conduct a trial data set through the model to test assumptions and results.

Purchasing Skills 45

Purchasing Skills Cost Reduction Inventory Reduction Resource Reduction 45

Dedola Global Logistics

JULY 28, 2023

This period, fueled by back-to-school purchases and holiday season preparations, typically sees a significant surge in US product demand. The industry has observed lower volumes as importers exercise caution, contrary to expectations. Every year, the US import peak season kicks off in July and lasts until October.

Price Reduction 52

Price Reduction Expense Reduction Cost Reduction Scenario Planning 52

GlobalTranz

OCTOBER 29, 2015

This exercise prompted Whirlpool to question whether having a single logistics provider was the best structure to exceed customer expectations and maximize cost savings. This function focuses on RFP financial analysis, the annual business plan, carrier and provider financial audit, financial reports and statement consolidation.

Case Study 93

Case Study Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 93

Logistics Bureau

JULY 27, 2016

However based on observations made in the course of our consulting work, many organisations perceive it as a purely remedial or punitive exercise. 3) Supplier performance evaluation enables waste and cost drivers to be identified and addressed. Perhaps it may seem obvious that supplier performance evaluation is an ongoing process.

Vendor Strategies 40

Vendor Strategies Resource Reduction Waste Reduction Inventory Reduction 40

Logistics Bureau

NOVEMBER 6, 2023

Of course, switching to more efficient lighting requires significant investment, especially if you choose induction lights, which are particularly expensive to procure. A warehouse benchmarking exercise is an excellent way to start the quest for improvement opportunities. Such a program can be simple and inexpensive to implement.

Cost Reduction 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

Logistics Marketing Advisors

JUNE 20, 2018

cookies and Google Analytics tracking) of sites/companies that they wish to hear from or otherwise interact with. However, a bigger headache is created when people take exception to the way you communicate with them and start exercising their privacy rights. Does your audience want to interact with you?

Procurement Solutions 40

Procurement Solutions Procurement Analytics Logistics Network Optimization Software Compliance 40

CLX Logistics

APRIL 27, 2016

Consider the ways rich data collection can help shape your supply chain towards lower cost and optimal performance. The most common goals of supply chain visibility include the following, but as your company completes this exercise, be sure to include quantifiable metrics: Reduce business and supply chain risk.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 40

Logistics Bureau

NOVEMBER 30, 2024

It’s not unusual for example, for companies to measure their supply chain performance only on the basis of financial metrics like supply chain cost per order. All inbound shipments should be checked against delivery documentation and purchase orders. No suppliers—no supply chain.

Supply Chain Design Software 40

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

FreightWaves SONAR

JUNE 5, 2023

Initial reports of van contract rates in USD per mile. They continued issuing purchase orders to their suppliers at an elevated level, and imports didn’t start coming down until June, either. To schedule a conversation with a SONAR expert about how to use high-frequency supply chain data in your demand planning exercises, click here.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Data Freight 52