The Lean Thinker

JULY 2, 2024

Those groups came back from their experience with an visceral understanding that the status-quo wasn’t going to cut it in the face of the then newly emerging Airbus. But the key to meeting the needs of the customers was more than just understanding those needs better. Elimination of waste: Focus on adding value.

Supply Chain Design Software 397

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

WorkWave

JULY 11, 2024

Starting a waste management business in 2024 can be a lucrative and environmentally impactful venture. With the increasing focus on sustainability and proper waste disposal, there is a growing demand for efficient waste management services. What does a waste management business do?

Waste Reduction 52

Waste Reduction Waste Cost Reduction Expense Reduction 52

Talking Logistics

JULY 5, 2018

Because in supply chains, surprises tend to mean wasted time and added expense. Develop a comprehensive truckload strategy so you’re prepared to handle just about anything. Building the right truckload strategy for your business. We have been studying truck freight attributes and strategies since 2006.

Price Reduction 61

Price Reduction Expense Reduction Waste Reduction Cost Reduction 61

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Inventory Reduction 65

Inventory Reduction Cost Reduction Waste Reduction Vendor Strategies 65

Dedola Global Logistics

DECEMBER 16, 2019

An experienced forwarder or third-party logistics company (3PL) can help you improve your bottom line by reducing your soft costs in addition to saving you money on hard costs. How can importers and exporters reduce soft costs? Find a good one and soft costs will be dramatically reduced.

Cost Reduction 86

Cost Reduction Negotiating Skills Material Savings Resource Reduction 86

GlobalTranz

JANUARY 21, 2015

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for Supply Chain Cost Reductions. Complete one-on-one meetings.

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Logistics Viewpoints

JUNE 19, 2024

This report provides an overall snapshot of the current state of ESG in supply chains, such as its use and prioritization, integration into corporate strategy, stakeholder influence, assessment of ESG goals, as well as challenges and opportunities. Ranked Among Top 3).” (Ranked Among Top 3).”

Supply Chains 142

Supply Chains Waste Reduction Cost Reduction Sourcing Strategies 142

SYSPRO Smarter ERP

NOVEMBER 1, 2021

Industries are facing the need to plan new strategies and invest more in technology to gain a stronger foothold. A B2B e-commerce strategy is therefore becoming increasingly necessary for manufacturing businesses that want to better sell their products or procure the necessary components for manufacturing them.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Inventory Reduction 111

Blue Grace Logistics

OCTOBER 7, 2021

What’s in this article: How to gain sustainability through digitalization and technology. Only with complete transparency is it possible to increase efficiency and meet sustainability goals in the future. . Understanding the suppliers’ perspective can make decision-making easier to meet environmental ambitions of shippers.

Waste Reduction 62

Waste Reduction Meeting Optimal Sourcing Supply Chain Planning Software 62

Logistics Bureau

MAY 30, 2022

In this post, we explain what those pillars are, why they matter, and how to align them in a way that supports supply chain management excellence. Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. For example: Alignment of strategy and cost leads to happy shareholders.

Inventory Reduction 117

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 117

Locus

JANUARY 10, 2024

We’ll look at four strategies to optimize shelf replenishment, reducing stockouts, improving inventory management, cutting waste, and boosting productivity. Eliminating the Need for Markdowns: By maintaining the right stock levels at the right times, we can avoid bothersome markdowns.

Inventory Reduction 52

Inventory Reduction Cost Reduction Resource Reduction Waste Reduction 52

Talking Logistics

JUNE 4, 2018

Here is how these companies are using transportation optimization, inventory optimization and demand modeling as part of their supply chain design strategy to tackle the price factor head-on. You can also ask questions and test strategies within the safe confines of your own data-backed model, before real-world implementation.

Inventory Reduction 63

Inventory Reduction Supply Chain Design Software Price Reduction Cost Reduction 63

Logistics Bureau

OCTOBER 10, 2022

Before we look at the barriers to optimal inventory and the possible ways to eliminate or overcome them, let’s be clear on what inventory optimisation means—because misconceptions do abound. At this point, perhaps you’re wondering if we’re suggesting you reduce your service levels to lower the amount of inventory you hold.

Inventory Reduction 124

Inventory Reduction Inventory Optimization Modeling Optimization Software 124

Logistics Bureau

JUNE 5, 2023

But do you know how to operate your fleet for the maximum economy? There are ways and means to reduce excess expenditure in fleet operation , and you can separate them roughly into three categories. Another asset-reduction strategy is to outsource your transportation for particular categories or locations.

Cost Reduction 82

Cost Reduction Purchasing Skills Price Reduction Waste Reduction 82

GlobalTranz

APRIL 18, 2016

With more products coming in, the pressure will be on distributors and order fulfillment centers to create warehousing space and eliminate wasted space wherever possible. Customers have the option to have products shipped to home or the store, and this eliminates any confusion about how much space is needed within each store.

Waste Reduction 91

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 91

Logistics Bureau

DECEMBER 6, 2024

This article provides an inside look at today’s fresh supply chains around the world, and at how smart producers and retailers meet cool-chain challenges , especially as those chains increasingly span global distances and competitive markets expand.

Supply Chain Design Software 89

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 89

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. There are several possible ways to eliminate this form of energy wastage.

Cost Reduction 116

Cost Reduction Purchasing Skills Waste Reduction Material Savings 116

Logistics Bureau

DECEMBER 24, 2024

When these signs are evident, firms often choose to outsource rather than waste time developing their own remedies. 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. But what about cost of service?

Outsourcing 62

Outsourcing Warehousing Negotiating Skills Purchasing Skills 62

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. Let’s begin with a look at why, in general, retailers with multiple sales channels are more likely to experience difficulties in reducing cost-to-serve. Customer behaviour.

Cost Reduction 118

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 118

The Lean Thinker

FEBRUARY 9, 2021

” As a result I have seen a number of organizations that produce some kind of guideline for “how to fill out and A3.” The process is an application of the principle of “Challenge” followed by support to enable the problem solver / learner to meet the challenge. If they fail, it’s on you, not them.

Course 273

Course Buyer Training Material Savings Case Study 273

Ship Monk

FEBRUARY 24, 2024

How much are you spending on manufacturing, shipping, marketing, customer support, logistics services, and order fulfillment services? You never want to cut corners on these, or any, crucial areas of your ecommerce brand. In terms of running an ecommerce brand, the price of overpreparing can literally be reflected in price.

eCommerce 105

eCommerce Inventory Reduction Tips Waste Reduction 105

3PL Links

FEBRUARY 11, 2024

Image source: Rawpixel.com | How to Make Reverse Packaging Logistics More Efficient? Each tactic—from active consumer involvement to sustainable design—is laid out clearly and demonstrates how we may improve the efficiency of packaging recycling.

Sourcing Strategies 48

Sourcing Strategies Waste Reduction Resource Reduction Expense Reduction 48

Morai Logistics

FEBRUARY 7, 2019

Experts say demand-chain models are an effective solution for supply chains to meet the increased need for immediacy and improve the customer experience. To meet consumer demands, there are high expectations on companies to offer same-day shipping options to their customers. Reduces Wasted Inventory.

Optimization Modeling 74

Optimization Modeling Modeling Software Waste Reduction Modeling 74

Logistics Business Magazine

JUNE 14, 2023

DS Smith, a leading global sustainable packaging company, has innovated DD Wrap as a brand-new sustainable shelf ready packaging design, to meet circular economy requirements while increasing supply chain efficiency and enhancing the in-store shopping experience. The DD Wrap packaging option was created by DS Smith’s design team.

Waste Reduction 47

Waste Reduction Supply Chain Design Software Supply Chain Design Waste 47

Logistics Bureau

NOVEMBER 2, 2020

One way to tell if a CSR programme is simply a marketing strategy is to check the length of the project. Companies have to pursue profits of course, (how else will they stay in business?) The company’s pledge to reduce its carbon impact has seen it being named a World Wildlife Fund Climate Savers Partner. You get the idea.

Waste Reduction 117

Waste Reduction Resource Reduction Supply Chain Design Software Supply Chain Planning Software 117

Bringg

SEPTEMBER 10, 2020

In this post I will try to quickly explain the top level, most important principles on how to develop a waste-free product flow. One reports suggests that 45% of features are never used, and are a waste of time for the product, design and R&D teams. This post won’t dive into the day to day work and how we do it.

Waste Reduction 62

Waste Reduction Waste Production Definition 62

Conger

DECEMBER 13, 2022

If you're looking for ways to reduce lead times, you’re in the right place. Because in this post, you’ll find 11 effective strategies for doing just that. Identify and Eliminate Bottlenecks. The closer the supplier is to your warehouse or manufacturing plant or location , the easier it is to reduce lead times.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

Logistics Business Magazine

DECEMBER 16, 2021

Governments across the globe are urging businesses to do more to reduce greenhouse gas emissions across the supply chain. In response, companies are taking sustainable leadership to new levels, with a particular focus on reducing their Scope 3 emissions to actively assist in supply chain decarbonisation.

Waste Reduction 57

Waste Reduction Vendor Strategies Cost Reduction Resource Reduction 57

Blue Grace Logistics

JANUARY 8, 2024

Challenges in Floral Logistics Global Supply Chain: Meeting year-round demand for flowers involves a global supply chain with multiple intermediaries, from growers to wholesalers to retailers. For most fresh cut flowers, the ideal range is from 34°F to 36°F during transport and storage.

Waste Reduction 83

Waste Reduction Temperature Resource Reduction Cost Reduction 83

GlobalTranz

MAY 31, 2017

Not only is it important to find machines that are appropriate for your specific manufacturing operations , but your bottom line will suffer if your equipment isn’t fast enough to meet demand. You'll also need to make sure to hire employees who know how to use each machine. Install a variable speed drive.

Efficiency 69

Efficiency Material Savings Production How To 69

FreightWaves SONAR

DECEMBER 28, 2020

With a strategic, long-term agreement in place, these carriers make up the backbone of many transportation chains and provide the day-to-day shipping coverage needed to meet customer needs. Instead of wasting the time of the specialty transport carriers with mundane local shipments, their focus can remain on high-demand, long-distance hauls.

Waste Reduction 105

Waste Reduction Trucking Cost Reduction White Paper 105

Dedola Global Logistics

DECEMBER 16, 2019

How To Reduce Soft Costs in Shipping. An experienced forwarder or third-party logistics company (3PL) can help you improve your bottom line by reducing your soft costs in addition to saving you money on hard costs. . How can importers and exporters reduce soft costs? Is compatible with mobile devices. Contact Us.

Cost Reduction 52

Cost Reduction Negotiating Skills Material Savings Resource Reduction 52

Compactor Management Company

NOVEMBER 25, 2022

Industrial manufacturing firms dispose of the waste produced by their operations through a process called industrial waste management. When your business produces a significant amount of waste, it is crucial to implement an effective industrial waste management system to ensure it is responsible and environmentally friendly.

Waste Reduction 52

Waste Reduction Waste Material Savings Industry 52

GoShip Blog

MARCH 2, 2021

Well-organized inventory management is a must-have for a successful retail strategy. In the post-pandemic world, optimal use of warehouse space is a necessity to meet the budget bottom line and grow profits. Another crucial tip is to review your inventory management strategy to make sure you are prepared. .

Inventory Reduction 98

Inventory Reduction Waste Reduction Expense Reduction Price Reduction 98

SYSPRO Smarter ERP

OCTOBER 9, 2023

Using a quality management system ensures goods inspected on arrival meet the required standards and that products leave the factory at the standard customers expect. By integrating machine sensor data with an ERP system, management and staff can use the information to see how much work in production is going to rework or scrap.

Manufacturing Procurement 111

Manufacturing Procurement Purchasing Skills Cost Reduction Optimal Sourcing 111

Logistics Bureau

OCTOBER 26, 2024

Often, people think that supply chain consulting is about reducing costs. This means consultants have more tools at their disposal, more experience and most importantly, the know-how to navigate the issue and its potential solutions. Although this is definitely an integral part of consulting, there are multiple facets to consider.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 91

GlobalTranz

AUGUST 9, 2016

“ The most dangerous kind of waste is the waste we do not recognize ”: Shigeo Shingo. Lean thinking focuses on the elimination of all waste (where waste is defined as any non-value added process) and bringing value to the customer , beyond the customer’s expectations. Try to recognize all of your wastes.

Waste Reduction 53

Waste Reduction Cost Reduction Inventory Reduction Price Reduction 53