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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

The answer is to benchmark your freight, of course. It will also make it easier to determine, for example, if you should opt for contract rates over spot rates or vice versa. Firstly, if you plan to benchmark as a one-off exercise now and again, you might engage a specialist team of consultants to execute a project for you.

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Are your L&D programs reaping the outcomes you need?

UL EHS- Sustainability

But the most successful learning and development teams also understand how to measure the success of each training course and react accordingly. Example: Information collected during the review might include the learner’s opinion on the effectiveness of the training and the impact of the training on the employee’s job performance.

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How manufacturers and distributors can mitigate disruption in the global supply chain

SYSPRO Smarter ERP

For example, one of the main problems with Asian-US trade is that all container ship deliveries are now routed to the West Coast, even though the bulk of America’s manufacturers are based on the East Coast. To assist with the short-term solution, the answer is an extensive data-gathering exercise. Use data to improve operations.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

And, of course, I will also share how knowing your cost-to-serve will help you to solve those all-too-familiar performance gremlins. Of course, it’s always possible to factor estimates of those costs into your product or service pricing, but then you can find yourself overpricing them. Are Your Profit Margins Declining?

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“95 Thesis” on Kaizen Events and TPS

The Lean Thinker

Kaizen events (or whatever we want to call the traditional week-long activity): Can be a useful tool when used in the context of an overall plan. 1 There are times when any specific tool is appropriate, and there are no universal tools. Kaizen tools included. Classes and Courses ? Teaching and Learning.

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Warehouse Product Slotting: The Ultimate Guide

Logistics Bureau

Slotting a warehouse product is the same, for example, as placing your umbrella close to your front door at home, so it’s easy to pick it up and run when it’s raining, and you’re late for work. It also stands to reason that when you undertake a slotting exercise, you should think about it from the perspective of these activities.

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The Power of Outsourcing for Supply Chain Improvement

Logistics Bureau

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.