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Supply Chain Design: A Tool to Help Maximize Value

Logistics Viewpoints

Moreover, this exercise might need to be repeated several times depending on how the war proceeds. Do we have a demand forecasting tool in place and, if so, how good is that forecast? Once you have a model in place, it becomes possible to play out various events and find the best way to react.

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“95 Thesis” on Kaizen Events and TPS

The Lean Thinker

Kaizen Events. Kaizen events (or whatever we want to call the traditional week-long activity): Can be a useful tool when used in the context of an overall plan. 1 There are times when any specific tool is appropriate, and there are no universal tools. Kaizen tools included.

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Freight Procurement is a Different Game

Logistics Viewpoints

There are different tools, goals, and market dynamics. That processing event determines when the goods need to be delivered to the next stop. It was quickly determined that a procurement event was necessary just to set a baseline. Procurement ran a request for proposal event. An RFP is a data intensive exercise.

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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

The benefit of this is that you’ll be in a more proactive state when unforeseen events or crises arise with minimal warning. It will also make it easier to determine, for example, if you should opt for contract rates over spot rates or vice versa. The Pros and Cons of Procuring a Benchmarking Tool.

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Overcoming e-sourcing apprehension

Transporeon

Some suppliers view RFPs as static cost-cutting exercises, which devalue their offering. Multiple platforms require training and support While the basic concepts of an RF(x) may be similar, regardless of the commodity or service being procured, the tools that exist are usually not identically operated.

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What Is an Agile Supply Chain?

FourKites

To reach this point, organizations need to ensure that their people are not only trained to perform in the job but also equipped with the right tools and processes to bolster their chances of success. They invest in new technologies and data-driven processes that allow them to exercise precise control over the business.

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A Lean Leadership Pocket Card

The Lean Thinker

It was our job to teach our continuous improvement people how to do that coaching and assisting – beyond just running kaizen events that implement tools. Here’s an example: Say your plant has a set of rules about how fork trucks are to be operated – speed limits, staying out of marked pedestrian lanes, etc.