Remove Data Remove Examples Remove Production Remove Tools
article thumbnail

Supply Chain Design: A Tool to Help Maximize Value

Logistics Viewpoints

To solve this problem, we’ll need to do three things: understand the data, aggregate the data, and define the constraints. First comes the data and how well we understand it. Do we have a demand forecasting tool in place and, if so, how good is that forecast? Can every customer get products from every warehouse?

article thumbnail

VSM: A powerful tool to analyse process flows and logistics management of a product.

Logistics at MPEPS at UPV

Value Stream Mapping (VSM) is one of the fundamental tools of the Lean Manufacturing methodology. In this post I will explain the importance of this tool and the basic steps to elaborate a VSM by yourselves. In this step, data on cycle times and key performance metrics are collected. What is a VSM and what is it for?

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

Data-driven decision making in manufacturing

SYSPRO Smarter ERP

Data-driven decision making is the process of collecting the data that a company uses, and transforming it into actionable insights. Using data to find patterns, inferences, and insights ensures that your company goals and plans are based on evidence and that decisions made are balanced and objective.

article thumbnail

Editor’s Choice: Machine Learning Will Make Warehouse Managers More Productive

Logistics Viewpoints

That is changing as companies like Lucas introduce machine learning tools to improve planning and decision-making in the DC. These new tools will free time for managers and engineers, making them more productive and their DCs more efficient and effective. Proactively re-slot products to improve efficiency.

article thumbnail

Real-Time Trackers: A Welcome Labor Solution for Logistics

To combat the effects of the tightening labor market, agile logistics companies are focusing their efforts on adopting tools and processes that drive efficiency and help their operations’ teams tap into shared industry resources. Why streamlining data simplifies the logistics role.

article thumbnail

Why manufacturers should integrate business intelligence tools into their ERP software

SYSPRO Smarter ERP

Manufacturers rely on data and their ERP platform to answer critical questions: What are our inventory levels? How much does it cost us to manufacture this product? Here’s an example. Let’s say that you want to know what the revenue for a specific product is in the Pacific Northwest region.

article thumbnail

6 Types of Automation [Benefits, Pros/Cons, Examples]

Conger

Many companies are excited by the prospect of increasing efficiency and productivity with some help from automated equipment. Examples of automation range from a household thermostat to a large industrial control system, self-driven vehicles, and warehousing robots. Fixed automation is generally suitable for large-volume products.

article thumbnail

Top 5 Barriers to Supply Chain Network Design Adoption and How to Overcome Them

Speaker: Brian Dooley, Director SC Navigator, AIMMS, and Paul van Nierop, Supply Chain Planning Specialist, AIMMS

You may have recently had M&A activity, about to roll out a new product line or need to cut costs. This on-demand webinar shares research findings from Supply Chain Insights, including the top 5 obstacles that bog you down when trying to improve your network design efforts: Poor data quality. It's easier than you think.