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. Why Takt Time?

Capacity 360

Capacity Tools Examples Presentation 360

GlobalTranz

JANUARY 17, 2017

According to Sundeep Sunghavi, the use of predictive analytics will save approximately $630 billion in the manufacturing industry over the next 15 years. Of course, reports Predictive Analytics Times , analytics also possess potential to change how companies obtain the raw materials for their products. billion by 2021.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

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. A lot will depend on the nature of your industry and the categories of supplies that you receive.

Procurement Analytics 117

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 117

Logistics Viewpoints

JUNE 29, 2021

Data is the raw fuel of digital transformation and the linchpin to accelerating industry collaboration, automation, predictive insights and so many more cutting-edge capabilities (including those yet to be invented). Of course, there is much more that goes into effectively implementing each of these safeguards. He lives in Chicago.

Data 146

Data Supply Chain Design Software Supply Chain Planning Software Digital 146

Logistics Bureau

FEBRUARY 7, 2022

The supply chain industries are not developed, so most universities don’t offer supply chain programs yet. Of course, a lack of support from universities means that there are no locally produced supply chain professionals. The issue that I focused on quite a bit, though, was around talent. Kenya is a big exception.

Supply Chains 102

Supply Chains Course Manufacturing Procurement Video 102

GlobalTranz

SEPTEMBER 19, 2016

They discuss what it takes to create green industrial and manufacturing facilities from scratch. Creating Green Industrial and Manufacturing Facilities From Scratch. We live in a very well-informed world, so at this point, it’s clear that industrial practices can cause some serious environmental harm. that require attention.

Manufacturing Procurement 87

Manufacturing Procurement Material Savings Resource Reduction Industry 87

MTS Logistics

MARCH 24, 2023

Some new IMO regulations in the shipping industry went into effect earlier this year. But, of course, the shipping industry will the feel the growing pains of these new regulations significantly more. The goals are 40% by 2030 and 70% by 2050. How is a ship’s emissions efficiency calculated and determined?

Supply Chain Design Software 77

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

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 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

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

Logistics Bureau

NOVEMBER 16, 2020

While this article is intended as an evergreen resource, to help you navigate in your search for a supply chain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality. Why Choose a Job in the Supply Chain Industry? It’s a constantly-changing, ever-expanding industry.

Supply Chain Planning Software 115

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

Logistics Viewpoints

NOVEMBER 2, 2021

When you can barely see beyond the bow of the ship, when extreme wind and waves threaten to throw you off course – or worse, sink you – it’s understandable that long-term thinking can get chucked overboard like so much extra ballast. Factor in big-picture industry changes. Which industries will survive? He lives in Chicago.

Supply Chain Planning Software 111

Supply Chain Planning Software Scenario Planning Supply Chain Design Software Modeling Software 111

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. Access Industry-Leading Technology Outsourcing can help your company to exploit technology to improve supply chain efficiency.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

Logistics Business Magazine

JULY 1, 2022

Over the past two years, many things have changed fundamentally in the industry, including purchasing and consumer behaviour. Let’s stand together to tackle everything the industry faces in terms of new customer requirements, market conditions and technological issues. That is why we have conducted extensive surveys and analysis.

Supply Chain Planning Software 55

Supply Chain Planning Software Supply Chain Software Optimization Software Modeling Software 55

Logistics Business Magazine

JUNE 13, 2022

Over the past two years, many things have changed fundamentally in the industry, including purchasing and consumer behaviour. Let’s stand together to tackle everything the industry faces in terms of new customer requirements, market conditions and technological issues. That is why we have conducted extensive surveys and analysis.

Supply Chain Planning Software 55

Supply Chain Planning Software Supply Chain Software Modeling Software Procurement Solutions 55

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

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. The IoT Supply Chain with Robotics & Other Industries.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

Freightos

APRIL 27, 2023

The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry. Legibility, followed by analysis and the ability to take action can literally change industries. Real world, meet data.

Data 62

Data Freight Optimal Sourcing Supply Chain Software 62

Logistics Bureau

APRIL 4, 2022

The answer is to benchmark your freight, of course. It simply means checking your company’s rates paid for freight transportation against those borne by its peers in the same or similar industries and shipping scenarios. So how can you be sure you’re getting the best freight rates possible?

Negotiating Skills 82

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

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

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

GlobalTranz

OCTOBER 20, 2016

The manufacturing industry of a country is directly proportional to its gross domestic product (GDP). to the economy, and the industry supports more than 17 million workers, reports the Deloitte University Press. manufacturing industry faces a serious crisis, the skills gap. In the U.S., Meanwhile, the U.S.

Buyer Training 95

Buyer Training Resource Reduction Cost Reduction Material Savings 95

Bringg

MARCH 24, 2021

A good example of such a strategic decision could be choosing a warehouse’s location. Now that the elements and phases of a supply chain are clear, here are some best practices for how to optimize your supply chain that are applicable to every industry: . Machine learning automates data analysis as well as analytical model building.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

Logistics Business Magazine

FEBRUARY 5, 2021

Analysis by real estate advisor, Knight Frank , indicates that the continued rise in online shopping could drive demand for an additional 92 million square feet of industrial storage space across the UK by 2024. A consequence of the huge shift to e-commerce has been correlative growth in demand for warehouse and retail storage space.

After-sales 49

After-sales Unit loads Ordering Course 49

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

JUNE 7, 2022

Indeed, in a recent report Interact Analysis forecast that more than 1.1 Of course, other forms of robotic and automated intralogistics technology are taking off too. Across the intralogistics sector sales of autonomous mobile robots (AMRs) are booming. IMHX 2022 takes place from 6 – 8 September at the NEC, Birmingham.

Supply Chain Software 50

Supply Chain Software Optimization Software Logistics Network Optimization Software Seminar 50

EazyStock

DECEMBER 17, 2019

One notable example is Amazon, who uses AI to track customers’ purchasing habits and to use that information to make recommendations for other products. AI can be used in supply chain planning to analyze huge datasets and provide an analysis of supply and demand trends for better procurement.

Supply Chain Software 81

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 81

The Logistics Academy

OCTOBER 4, 2016

Of course supply chains have for a long time now been driven by statistics and quantifiable performance indicators. But the sort of analytics which are really revolutionizing industry today – real time analytics of huge, rapidly growing and very messy unstructured datasets – were largely absent.

Supply Chain Planning Software 49

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 49

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Industries experienced severe operational and financial consequences with issues like supply shortages, supply and demand surges, inventory shortfalls and reduced productivity. This may lead to any number of follow-up actions, for example: Redesigning sourcing or material strategies. Warehousing KPIs.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 105

Ship Monk

OCTOBER 21, 2020

Of course, that doesn’t mean you can’t get your feet wet now! For example, if your jewelry is fruit-themed, you can try ranking for “strawberry necklace” instead of just “necklace.” important awards in your field or industry. As with most ventures into uncharted territory, navigating SEO can take a little while to master.

Optimization Software 98

Optimization Software Digital Optimization Blog 98

Ship Monk

MARCH 28, 2023

For example, your shipping cost could be $5 for orders within 50 miles of your warehouse or fulfillment center , $10 within 100 miles, and so on. Of course, because of all the different elements that may be taken into account, this option can be somewhat complex. And you don’t have to just have rules based on distance.

Cost Reduction 52

Cost Reduction Inventory Reduction eCommerce Expense Reduction 52

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. If you want business success (and who doesn’t?),

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 122

GlobalTranz

APRIL 30, 2015

For example, the Cerasis Rater, our mutli -carrier rating TMS , allows our shippers to choose which carrier is best for their specific shipment from one portal and then create the bill-of-lading along with other features. Specifically, in the transportation and logistics industry it can be very beneficial to visit your carriers in person.

Buyer Training 93

Buyer Training Training Security Logistics Network Optimization Software 93

Now, That's Logistics

DECEMBER 21, 2018

In its most recent monthly analysis of the global air freight market , the International Air Transport Association (IATA) observed that while demand for air freight was softening, cargo volumes are still trending higher. Industry-wide freight ton kilometers (FTK) grew by 2.0%

Manufacturing Procurement 60

Manufacturing Procurement Freight Transportation Purchasing Skills 60

GlobalTranz

JULY 26, 2016

For example, operations managers may use advanced analytics to analyze historical data of prices for raw materials, identify trends in raw material availability and accommodate changes to make the most efficient use of these resources. Analytics can improve upon any process in distribution and manufacturing.

Distribution 54

Distribution Supply Chain Design Software Inventory Reduction Resource Reduction 54