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3 Tools to Minimize Waste: A Boon to Lean Manufacturing Strategies

GlobalTranz

Most of the manufacturing industries have already incorporated lean manufacturing strategies to undermine the non-additive materials from their products. It is a systematic approach to identifying the waste or non-value added materials and removing them to give out the best quality material to the customer.

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How Can Supply Chain Leaders Use Big Data as a Tool to Continuously Improve?

GlobalTranz

The most common complaint of newer companies using big data analytics capabilities tends to revolve around traditional questions of business strategy. Consider the following elements explains John Richardson of Inbound Logistics, that impact business strategy. Raw material suppliers and logistics. Increasing order efficiency.

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Targeting Workplace Efficiency & the 3 Steps to Reduce Waste

GlobalTranz

Patrick gives us some insight into workplace efficiency and how to reduce waste. . The lean concept, itself, is a strategy created to simplify, organize and optimize a working environment. Targeting Workplace Efficiency and Reducing Waste . If possible, reduce produced products based on consumer demand. . Time Waste .

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The One Key Shift in Your Supply Chain and Procurement Strategies that can Drive Better Business Continuity and Resilience

Logistics Viewpoints

Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services. By working closely with suppliers, organizations can improve the quality and reliability of their in-bound supply chains, reduce costs, and increase their overall efficiency.

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Modeling brewing capacity to drive cost savings at HEINEKEN

AIMMS

A typical question we deal with could be: “should we invest in brewing capacity in South Africa or can we postpone that investment and save costs by importing beer from the Netherlands instead?” It was taxing to report above the country level with this tool. This drove us to adopt a better strategic decision-support tool.

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Active Supply Chain Design: A Key Imperative for De Risking Supply Chains

Logistics Viewpoints

Risk events that happen in one part of the supply chain can cause a disruptive effect that is amplified multi-fold given the complex connectivity of labor, raw materials, and capacity. Balancing supply and demand by orchestrating the flow of materials and information is a key requirement for managing operational risks.

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[INFOGRAPHIC] Reverse Logistics: Managing the Business Circle of Life

GlobalTranz

And at the end, check out a nice infographic speaking more to reverse logistics strategies and practices. Throughout the course of business, there will be a series of recurring updates for equipment, software, and materials. Alternatively, the same item may be sold to discount stores at a portion of the original cost-of-manufacture.