Remove Data Remove Definition Remove Exercises Remove Replenishment
article thumbnail

Happy New Year: Here’s the 7 things shippers need to know about the Q1 2021 freight market

FLS Transport

And that definitely applies to the freight market. And while retailers were able to modestly re-stock going into peak, data now shows that they lack adequate inventory. One data point shows inventories declined 9% year-over-year while sales increased 9%. Inventory replenishment will continue well into 2021.

Freight 52
article thumbnail

6 Toyota Experts Share How They Apply Lean Management Principles

Conger

When collecting data to solve a problem, we ask “why” over and over until we believe we have arrived at the root cause. We did not measure the productivity gain, but we can very safely assume that we saved each tech 5 minutes (it was definitely more) per parts replenishment visit.". Asking Why in Lean Management.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Supply Chain Management:A New Lens for Supply Chain Roadmaps

Infosys Supply Chain Management

Cloud & Big Data. Are poor results only attributable to the usual suspects such as weak change control board, less than ideal program management, schedule/cost overruns, poor definition of requirements etc? Enterprise transformations are a multi-year exercise in the making. Business Process Outsourcing. Customer Service.

article thumbnail

6 Toyota Experts Share How They Apply Lean Management Principles

Conger

When collecting data to solve a problem, we ask “why” over and over until we believe we have arrived at the root cause. We did not measure the productivity gain, but we can very safely assume that we saved each tech 5 minutes (it was definitely more) per parts replenishment visit.". ASKING WHY IN LEAN MANAGEMENT.