The Lean Thinker

MARCH 23, 2023

In addition, there are companies that are “training the trainer” to deliver the course precisely – which is good – and coaching them not to deviate from the words in the manual. The challenge, of course, is that nobody owns this material. Now… reality is more subtle than this, of course.

Buyer Training 195

Buyer Training Material Savings Course Optimal Sourcing 195

Ship Monk

NOVEMBER 12, 2020

Repeat customers will make repeat purchases and have a tendency to spend more per order. Studies have shown that increasing customer retention rates by 5% has the ability to increase profits by 25 to 95%. Instant gratification is definitely satisfying, but so is knowing you’re positively impacting people’s lives!

Expense Reduction 52

Expense Reduction Procurement Analytics Strategy Article 52

Conger

JULY 20, 2020

What do I need to study? Of course not. In order to get your forklift operator’s license, OSHA says that you must receive: Formal instruction. In fact, employers can be fined , jailed, or even issued “stop work” orders for allowing employees to operate without a license. How do I get certified? First things first.

How To 63

How To Buyer Training Training Course 63

Logistics Viewpoints

MAY 24, 2021

Cardinal picks, packs, and ships orders the next day across the country. Transportation efficiencies, of course, are also good for the environment. The definition of what a “customer” is, is posed to expand from a business to a consumer. The pharmaceutical segment alone makes more than 30,000 U.S. domestic deliveries every day.

Optimal Sourcing 83

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Software 83

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. The definition above is not from any textbook, but is one that I am sure you will agree, describes a state of affairs that any corporate leader or business owner would be happy to attain. . Mini Case Study: Walmart. Inventory shortages.

Supply Chain Design Software 122

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

Talking Logistics

MAY 23, 2018

We’re talking, of course, about Transportation Management System (TMS) solutions to digitize and automate transportation processes. . Transportation leadership must advocate loudly for implementing (at the very least) core TMS functionality in order to depress the ravaging effects of rapidly rising freight rates.

Negotiating Skills 60

Negotiating Skills Supply Chain Software Modeling Software Optimization Software 60

Logistics Bureau

JANUARY 9, 2019

Of course, it is helpful to have some statistics on hand to validate the statement above. The definition above is not from any textbook, but is simply one that I’m sure you’ll agree, describes a state of affairs that any corporate leader or business owner would be happy to arrive at. Mini Case Study: Walmart.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

Logistics in War

DECEMBER 2, 2019

I have been extremely fortunate to interview a range of senior military officers and public servants through the course of academic research in 2017. In order to present the ‘military’ view of a problem in a judicious and ultimately successful manner, military professionals must understand the total concerns of the problem.

Negotiating Skills 50

Negotiating Skills Sourcing Strategies Resource Reduction Military 50

Logistics in War

NOVEMBER 13, 2017

Through the course of 2017, and because of my academic research, I have been extremely fortunate to interview a range of senior military officers and public servants. In order to present the ‘military’ view of a problem in a judicious and ultimately successful manner, military professionals must understand the total concerns of the problem.

Negotiating Skills 70

Negotiating Skills Sourcing Strategies Resource Reduction Military 70

Talking Logistics

JANUARY 10, 2018

And if you didn’t stop doing these four things in 2017, you should definitely stop doing them this year: Supply Chain and Logistics Resolutions for 2017: 4 Things to STOP Doing This Year. Here’s an excerpt from the article: [Max] memorized the order of a shuffled deck of cards. He sketched an eerily accurate self-portrait.

Supply Chain Software 60

Supply Chain Software Logistics Network Optimization Software Supply Chains Training 60

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. The definition of this metric is similar to the way it sounds. The number “5” is arbitrary, but “5” is in the right order of magnitude. #3: Cost of quality.

Procurement Analytics 99

Procurement Analytics Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 99

Ship Monk

MARCH 11, 2024

In this article we’ll explore the definition of social proof and its importance in influencing shopping decisions. Of course, sometimes following the herd can lead us astray. We’ve ranked them in order of their trustworthiness, starting with those that are generally considered the most trustworthy. Low-cut jeans come to mind.)

eCommerce 89

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 89

Ship Monk

APRIL 28, 2023

All sorts of organizations have run studies on eco-friendly attitudes in the ecommerce industry, and we have amazingly positive news to share about what buyers are thinking. Another survey found that 73% of global consumers would “definitely” or “probably” change their buying behavior to reduce environmental impact. We have proof.

eCommerce 66

eCommerce Waste Reduction How To Material Savings 66

Ship Monk

APRIL 26, 2023

Amazon is credited for transforming how shoppers think about delivery of their ordered goods. A 2020 ecommerce shipping study determined that 27% of shoppers will choose one ecommerce brand over the other based on speed of delivery options. The order is then picked, packed, and sent out for delivery through a shipping carrier.

eCommerce 73

eCommerce Purchasing Skills Eliminating Excel in Purchasing Price Reduction 73

Logistics Viewpoints

FEBRUARY 28, 2022

In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry. Let’s start with a definition: any device that can perceive its environment and takes actions that maximize its chance of success at some goal is engaged in some form of artificial intelligence (AI).

Supply Chain Planning Software 169

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 169

247 Customs Broker

MAY 8, 2018

Improved internal processes are, of course, helpful, but today’s competitive landscape is being redrawn by forwarders which are putting shippers’ needs first. Digitization is definitely changing how freight intermediaries do business, and it will ultimately determine those who survive and those who don’t,” says Roberson. “At

Freight forwarding 28

Freight forwarding Supply Chain Planning Software Freight Sourcing Strategies 28

Ship Monk

DECEMBER 1, 2022

Amazon is credited for transforming how shoppers think about delivery of their ordered goods. A 2020 ecommerce shipping study determined that 27% of shoppers will choose one ecommerce brand over the other based on speed of delivery options. The order is then picked, packed, and sent out for delivery through a shipping carrier. .

eCommerce 52

eCommerce Purchasing Skills Eliminating Excel in Purchasing Price Reduction 52

Ship Monk

FEBRUARY 16, 2023

Even a few years ago before the Covid pandemic kicked ecommerce into high-gear, 83% of US online shoppers asserted free delivery was the most important factor when ordering online. What to Consider When Offering 2-Day Shipping In 2022 the Baymard Institute conducted a study of top reasons for ecommerce cart abandonment.

Cost Reduction 52

Cost Reduction Negotiating Skills Inventory Reduction Purchasing Skills 52

Logistics Viewpoints

MARCH 4, 2021

Accurate and timely reconciliation of purchase orders with receipts. Predictive analytics feeding scenario planning definitely gives a competitive edge when reacting to changes in the business environment. Of course, autonomous planning does not happen overnight, and it is not just about having the technology. and Europe.

Supply Chain Planning Software 157

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 157

Logistics Bureau

JUNE 5, 2023

But, of course, the overall costs and other outsourcing pros and cons require careful consideration before making such a move. You could look for a training organisation that offers train-to-train courses. Next, pick a few of your best drivers, enrol them on the course and get them certified as trainers.

Cost Reduction 73

Cost Reduction Purchasing Skills Price Reduction Waste Reduction 73

Automotive Logistics

JANUARY 31, 2018

There is good scope for the application of digital capabilities in solving problems related to track and trace, supplier manufacturing on a just-in-time and just-in-sequence basis, and studying supply chain risk including disruption and theft, according to Dharmani. Digital from the start.

Optimal Sourcing 28

Optimal Sourcing Optimization Software Conference Supply Chain Planning Software 28

GlobalTranz

JANUARY 21, 2015

The manufacturer has access to the distributor’s inventory data and is responsible for generating purchase orders. To further define it, let’s look at 2 business models: Under the typical business model : When a distributor needs product, they place an order against a manufacturer. Then we select the item to be studied.

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Automotive Logistics

OCTOBER 12, 2018

A million people were placed under mandatory evacuation orders, as high winds and flooding from storm surges and exceptional rainfall were predicted. Globally, extreme weather events are not uncommon, of course. billion ($3.25 The European Severe Weather Database also suggests an increase in severe hailstorms.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Design Software Events Modeling Software 28

GlobalTranz

AUGUST 9, 2016

It is surprising how far people walk in the course of a year in many processes. In order for the benefits of Lean Transportation to be fully realized, the organization’s transportation management needs to be integrated into the implementation. Of course idling cannot be completely eliminated, but it can certainly be reduced.

Waste Reduction 53

Waste Reduction Cost Reduction Inventory Reduction Price Reduction 53

Material Handling and Logistics

OCTOBER 26, 2018

Participating in the 2018 roundtable (in alphabetical order) are: ? As the phenomenon of Big Data has taken hold in the private sector, many firms which as recently as 10 years ago devoted minimal resources to large scale database mining and analytics have reversed course. Once in, you’ve got to stay the course. Blockchain.

Supply Chain Design Software 89

Supply Chain Design Software Supply Chain Software Inventory Reduction Supply Chain Planning Software 89