The Lean Thinker

APRIL 20, 2020

At KataCon 2020, Steve Medland posed a problem that comes up fairly often: The default Toyota Kata process analysis (“grasp the current condition”) involves determining takt times and cycle times for the process, and a lot of processes don’t have an obvious repeating cadence. are an example of this.

Capacity 360

Capacity Tools Examples Presentation 360

FreightWaves SONAR

FEBRUARY 16, 2021

By using strong management and analysis processes, supply chains can maximize value and stay competitive. Of course, that all depends on seeing the activities that are occurring, benchmarking current carrier operations and continuously improving. Streamline data capture and analysis.

Supply Chain Software 98

Supply Chain Software Trucking Expense Reduction Resource Reduction 98

Ship Monk

APRIL 5, 2024

Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. SRM is more than a one-and-done analysis. For example, evaluate processes including invoicing, payment, tech integrations, communications, timely approvals, and customer service responses. If so, good on you!

Negotiate Pricing 82

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 82

IoT World Today

FEBRUARY 6, 2020

Of course, you can build more tracks and there are places in the Netherlands where it would be easy to do this, but in areas like the Randstad conurbation, where extra capacity is needed most, it’s going to be difficult,” said Pier Eringa, CEO of ProRail in an article on the railway’s efforts to boost capacity and speed.

Efficiency 135

Efficiency Networks Optimization Software Training 135

Logistics Bureau

JULY 11, 2022

Hopefully these examples will prove helpful if you are building a new supplier scoring process, overhauling your existing metrics portfolio, or just looking for some practical supplier performance measurement ideas. Example: Purchase order quantity in current month = 200,000 units, Quantity received = 199,880 units. Delivery On-time.

Procurement Analytics 107

Procurement Analytics Procurement Solutions Purchasing Skills Inbound 107

Logistics Bureau

AUGUST 2, 2021

For example, you might use simple observation to identify visible defects at goods-in, or you could make your analysis a bit deeper by testing a percentage of items received from the supplier. In procurement, cost analysis is not just about the price of your company’s purchases. Supplier Defect Rate.

Procurement Analytics 117

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 117

Logistics Bureau

FEBRUARY 7, 2022

Of course, a lack of support from universities means that there are no locally produced supply chain professionals. However, I think the only way to make meaningful progress in these geographies is, of course, to have local talent there all the time helping to solve these problems. Kenya is a big exception.

Supply Chains 102

Supply Chains Course Manufacturing Procurement Video 102

Shipchain

MARCH 10, 2020

Data is generated in all parts of last-mile delivery, and analysis of this information can help companies become proactive rather than reactive with their delivery methods. Below is an overview of the benefits of data as well as examples of how it has helped companies with their final-mile distribution.

Data 62

Data Optimization Software Modeling Software Logistics Network Optimization Software 62

3PL Links

FEBRUARY 19, 2024

Let’s examine how the market ended the year, the anticipated course for 2024, and the ever-more-important role that technology plays in this dynamic environment. Rapid adjustments in reaction to changes in the market or supply chain disruptions will be possible with real-time data analysis.

Sourcing Strategies 48

Sourcing Strategies Trends Inventory Reduction Logistics Network Optimization Software 48

MTS Logistics

SEPTEMBER 15, 2023

Information on the accreditation process and details on courses offered by CBP and PGAs will be posted on the CBP website as they become available. Training and educational opportunities offered by a third-party outside of CBP, or PGAs will require approval by a CBP-selected accreditor.

Buyer Training 79

Buyer Training Exercises Maintainability Training 79

Logistics Business Magazine

MARCH 17, 2022

Intelligent video analysis provides you with insights that allow you to check back to when a fault occurred, take the appropriate action and then follow up to ensure the same fault doesn’t occur again. Intelligent video analysis gives you an efficiency boost and a way to work with continuous improvement, says Persson. “An

Logistics Network Optimization Software 57

Logistics Network Optimization Software Supply Chain Software Video Logistics 57

Logistics Viewpoints

FEBRUARY 26, 2024

For example, when a UPS strike was looming last year, the Interos solution automatically highlighted Cooper’s strategic suppliers that relied on UPS for shipping. Of course it would! Agility and Resilience Dr. Runkle gave a few examples of the varied ways in which they use the solution to improve their operations.

Supply Chain Planning Software 149

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 149

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. For example, you could reduce human labour by deploying robotic equipment or other forms of direct automation.

Cost Reduction 107

Cost Reduction Purchasing Skills Waste Reduction Material Savings 107

Logistics Bureau

OCTOBER 20, 2021

“Paralysis by analysis” is a common term used to describe such a situation, and you can avoid it by monitoring a smaller number of carefully chosen KPIs. As an example of how illuminating the perfect order KPI can be, let’s look briefly at damage-free delivery as an example. x 0.96 = 0.8661.

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 96

Logistics Viewpoints

JUNE 29, 2021

For example, my company relies heavily on “lat-long” data, or data that provides latitude and longitude coordinates for freight. Master data management helps ensure uniformity, accuracy and consistency of data, while data federation optimizes it for analysis.

Data 146

Data Supply Chain Design Software Supply Chain Planning Software Digital 146

Logistics at MPEPS at UPV

MARCH 15, 2021

According to the article “ How IoT can improve the logistic pro ces s ” the internet of things (IoT) provides data, which describes objects “physical assets” for example a good to be transported and distributed worldwide.

Case Study 52

Case Study Study Logistics Network Optimization Software Supply Chain Planning Software 52

Logistics Bureau

APRIL 3, 2023

So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. But, of course, what those circumstances are is for you to decide. Let’s take ecommerce as an example. But just because you can outsource it all doesn’t mean you should.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

Logistics at MPEPS at UPV

MARCH 31, 2019

Following an interesting course about Inventory Management, we received this phrase in a conclusion e-mail, that made me think. The most talkative example here (of course…) the giant of retail Amazon. The fact that there is not an all-done solution for Inventory Management, is because information is always lacking.

Inventory Reduction 40

Inventory Reduction Inventory Optimization Software Course 40

Blue Grace Logistics

JULY 21, 2020

For example, technology helps to maximize efficiency and, in turn, increase profitability. Of course, the first step in this process is often the most daunting. “Understanding how to create an overview of your supply chain is the very first step in measuring what your company is doing right now and what your current process looks like.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Cost Reduction Supply Chain Software 62

GlobalTranz

JULY 14, 2015

Take a look at how the IoT supply chain is changing the landscape in terms of equipment functionality, shipping processes, invoicing and payments, and analysis of trends. For example, a subtle change in hydraulic pressure may still permit the machine to operate. In some cases, human intervention and input will be completely eliminated.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

Logistics Business Magazine

APRIL 28, 2023

Each of these areas can of course stand alone; however, when combined, they provide an incredible advantage. For example, the KiSoft software configures the AMRs, so they go where they are needed, and also trains the KNAPP Pick-it-Easy Robot picking robots so they continually improve. This is exactly the combination KNAPP focuses on.

Modeling Software 59

Modeling Software Logistics Network Optimization Software Picking Handling 59

Logistics Business Magazine

JULY 1, 2022

That is why we have conducted extensive surveys and analysis. Q: Can you give some specific examples? Spatially constrained warehouses in urban environments, for example, rely on high scalability of picking systems. BB: But if course on the customer! Most definitely not on technology implementation as such. Q: Instead…?

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Optimization Software Modeling Software 60

Logistics Business Magazine

JUNE 13, 2022

That is why we have conducted extensive surveys and analysis. Q: Can you give some specific examples? Spatially constrained warehouses in urban environments, for example, rely on high scalability of picking systems. A: But of course on the customer! Most definitely not on technology implementation as such.

Supply Chain Planning Software 61

Supply Chain Planning Software Supply Chain Software Modeling Software Procurement Solutions 61

Logistics Bureau

MAY 24, 2021

For example, if your cost of goods sold for 2020 was $250,000, and your average inventory on hand was worth $25,000, your inventory turnover ratio would be $250,000/$25,000 = 10, meaning your entire stock of that particular SKU turns over around ten times per year. Using the previous example, dividing 365 days by 10 gives you 36.5

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

AIMMS

JULY 15, 2019

A great example of this is one of our customers, a Europ ean chemical company with $300M in annual revenue who is growing fast and was ready to move from spreadsheets to something more robust. Within a few months they moved from spreadsheets and silos to looking at real-ti me scenarios in monthly planning meetings.

Supply Chain Planning Software 107

Supply Chain Planning Software Scenario Planning Modeling Software Gartner 107

Logistics Bureau

AUGUST 1, 2022

So, for example, the Head of Supply might be the Supply Chain Director, Supply Chain Manager, or another non-executive supply chain management specialist. S&OP is ostensibly a numbers game, of course. Of course, the goal(s) might change over time, such as when existing ones are achieved, but that is fine. Inventory turns.

Supply Chain Planning Software 104

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 104

Conger

JANUARY 17, 2023

5S Warehouse Examples 5S Warehouse Training: How to Get Your Team Ready How to 5S a Warehouse Warehouse 5S Checklist Warehouse 5S FAQs Warehouse 5S Quiz What Is 5S? For example, it avoids clutter, needless stock build-ups, tools and products on the way, wasted time looking for parts, and the creation of safety hazards. Let's dive in!

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 52

Logistics Bureau

AUGUST 7, 2023

Standardise and Digitise The key to managing complexity, of course, is to be organised. You can then use that calculation as the basis of a handling charge for customers to be deducted from their return credit or factored into any cost-to-serve analysis you might perform to determine customer profitability.

Inventory Reduction 89

Inventory Reduction eCommerce Inventory Procurement Solutions 89

Logistics Bureau

APRIL 4, 2022

The answer is to benchmark your freight, of course. Here is an overview of the most valuable benefits: More informed freight spending: Because freight benchmarking involves the analysis of carriers and the rates paid by companies using them, it gives you an evolving picture of clarity about your freight spending.

Negotiating Skills 82

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 82

Logistics at MPEPS at UPV

FEBRUARY 28, 2019

Doing the research for an Unit Load analysis for products in supermarkets for the logistics course, I came over a really interested, related topic: the product placement in supermarkets. For example, there is baked goods area, bathroom area or a sweets area. Sometimes it is, sometimes not.

Expense Reduction 40

Expense Reduction Production Price Reduction Unit loads 40

MTS Logistics

MARCH 24, 2023

But, of course, the shipping industry will the feel the growing pains of these new regulations significantly more. For example, a country may agree to the terms of the regulations but may either lack the ability to enforce certain rules in their jurisdiction or they just look the other way, because it benefits them fiscally.

Supply Chain Design Software 77

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 77

Freightos

APRIL 27, 2023

Legibility, followed by analysis and the ability to take action can literally change industries. This was, of course, an extremely popular use case for market data. As more data sources get legible, whether it’s container ship movements, eAWBs or carrier rates , it can have incredible ramifications.

Data 62

Data Freight Optimal Sourcing Supply Chain Software 62

Morai Logistics

JANUARY 1, 2020

2019’s over, but there’s plenty of technology to look back on over the course of the year to see what affects it had on supply chains. Blockchain technologies, as an example, could be an answer to address this problem across three areas — counterfeiting, visibility/traceability and efficiency play. Robots and Cobots.

Supply Chain Software 60

Supply Chain Software Supply Chain Planning Software Supply Chain Technology Supply Chains 60

Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. For example, you can be doing finance in supply chain, or you can be doing operations. You could be particularly numerate, or into analysis. Data analysis is a key component of this position.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

GlobalTranz

SEPTEMBER 8, 2017

Examples of such technologies are GPS tracking, barcodes, radio frequency identification (RFlD), smart labels and wireless sensor networks. In the course of operation, the business is exposed at multiple points across its stages of supply chain. Proper research and analysis.

Supply Chain Software 83

Supply Chain Software Supply Chains Digital Waste Reduction 83

Logistics Viewpoints

FEBRUARY 8, 2022

For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. As just one example, Nike’s online sales grew by 75% in 2020 — but its profit margins fell from 45.5% due to the higher costs associated with online selling.

Optimal Sourcing 112

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 112

Logistics Business Magazine

NOVEMBER 23, 2020

Based on this analysis, the team needs to prioritize the key functions of the software. For this purpose, it’s crucial to make a qualitative and quantitative comparative analysis, without missing significant direct or indirect consequences. Of course, you should constantly monitor the implementation process.

Tips 42

Tips Modeling Software Logistics Network Optimization Software Digital 42