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We had case studies, exercises, all in an effort to teach people to be better problem solvers. If you don’t then you are wasting their time and your money sending them to that class. .” They teach “problem solving” courses so people can learn to do this properly.
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. These study missions were quite eye-opening for the participants. Customer-driven.
The article, in turn, summarizes (and slightly updates) Spear’s findings from his PhD work studying Toyota. To paraphrase Elon Musk, the greatest waste of time is improving something that shouldn’t even exist. Kent Bowen. All work highly specified as to content, sequence, timing, and outcome. What is its purpose?
A military logistician is a study in contrasts. On the other hand, he takes part in the waging of war, the most wasteful of all human activities. The Road to Habbaniya’ is a two-problem exercise. A link to his site can be found here. On the one hand, he is a custodian of public property.
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. But first, what is route optimisation?
When capability and attitude are misaligned, and where understanding is deficient, it is inevitable that the investment of time, effort and resources into military readiness is wasted. In the meantime, we should study its strengths and weaknesses, and the how and why of its present design.
The case discussed here is not a unique but one of countless cases where heaps of information gets wasted after being collected. None of the fleet engineers understood the actual intent of the data collection, neither did they appreciate the whole exercise, actually none of the stake holders did!
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.
When capability and attitude are misaligned, and where understanding is deficient, it is inevitable that the investment of time, effort and resources into military readiness is wasted. In the meantime, we should study its strengths and weaknesses, and the how and why of its present design.
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. View case study Learn more about cost-to-serve benefits. How can you assess the effect of price discounts without understanding your service costs?
If you’ve got a large warehouse that’s a lot of travel time, that’s a lot of wasted time. 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. Very often you can reduce labor costs by 15 to 20%.
Recent studies have shown that among the challenges frustrating warehouse and distribution centre managers this year, rising energy and labour costs are two of the most often cited. A warehouse benchmarking exercise is an excellent way to start the quest for improvement opportunities. How can our Suppliers and Customers Help Us?
Waste – which can be time-related, or associated with stock damages or loss. That’s a strong indicator that improvements are there for the taking, but you need to exercise care in how you go about it. Nevertheless, cost-to-serve studies often reveal a surprising ratio of non-profitable to profitable customers and SKUs.
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 Future of Urban Mobility study by Arthur D. Little suggests that demand for goods mobility in urban areas worldwide will multiply by three from 2010 to 2050.
Condition monitoring while requiring data for analyzing the Asset behavior, also entails experience and understanding of The case discussed here is not a unique case, we can witness countless cases like this where heaps of information gets wasted after being collected.
Mini Case Study: Walmart. If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. Mini Case Study: Whirlpool. Waste in the supply chain. Procurement costs.
If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. Waste in the supply chain. SEE ALSO: 10 Reasons to Review Your Distribution Network Design. Procurement costs.
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.
Mini Case Study: Walmart Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. So if you want to be sure of business success, review your supply chain strategy. If it doesn’t align with the objectives of your business, you have some work to do.
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