Logistics Bureau

APRIL 19, 2021

If you’ve never done a benchmarking exercise before, read on. It would, of course, be what the winning time was when this race was last run in your district. This exercise would involve you measuring particular functions or aspects of your business and comparing that against other parts of your business. Informal Benchmarking.

Supply Chains 118

Supply Chains Exercises Picking Cost Reduction 118

GlobalTranz

APRIL 6, 2021

If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the resiliency test. For example, many supply chain resiliency plans may have considered a health crisis in which organizations and key partners face lower-than-normal staffing levels. What do we mean by that?

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 75

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. For example, every purchase order costs money to raise and process, as does every invoice. Supplier Defect Rate.

Procurement Analytics 118

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 118

Logistics Bureau

NOVEMBER 8, 2021

So, for example, if your business competes strongly on price, you might go heavy on the cost-reduction side of supply chain management, setting objectives centered on savings. Conflicting KPIs: A Brief Example. Of course, you can have as many other metrics as you like, but the KPIs are the ones that should form a catalyst for action.

Supply Chain Software 82

Supply Chain Software Supply Chains Scenario Planning Cost Reduction 82

Conger

JULY 28, 2022

For example, an injured employee may have to miss work, spills and debris need to be cleaned up, and damaged equipment needs to be repaired. Employee input is a great way for decision-makers to identify how safe workers feel, if they’re getting enough rest, and how sore or tired they get, for example. Employee Feedback. Crush injuries.

Tips 52

Tips Material Savings Training Materials Handling 52