ToolsGroup

DECEMBER 16, 2021

Whereas retailers once purchased merchandise largely based on the gut instinct of trend-savvy buyers and the push of whatever manufacturers tried to sell them, nowadays, they need to take a much more customer-focused and data-centered approach. What is Lean Retail? The impact of lean retail on supply chain management.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

Supply Chain Shaman

JULY 19, 2020

They rock back and forth in improving singular metrics but struggle to improve a portfolio of growth, margin, inventory performance, and asset utilization. Almost all quality improvement comes via simplification of design, manufacturing… layout, processes, and procedures. The inevitable is business disruption.

Supply Chain Design Software 413

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 413

Unleashed

APRIL 6, 2022

Lean manufacturing involves 13 core principles – many more than the ‘five principles’ that are often associated with this popular manufacturing system. The lean concept originally came from manufacturing, but it has gained in popularity and is now used widely across different industries and sectors.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Inventory Management Software 98

DELMIA Quintiq

SEPTEMBER 14, 2023

Medical Device manufacturers face an increasingly dynamic and intricate landscape. Innovative personalized manufacturing approaches have emerged, yet many organizations struggle to fully realize their potential in this rapidly evolving race.

Optimal Sourcing 156

Optimal Sourcing Manufacturing Procurement Material Savings Optimization Software 156

DELMIA Quintiq

APRIL 16, 2021

Collaborative Lean Operations. It’s not very lean to waste time & movement looking for the things you should have nearby. DELMIA Webinar on Battery Cell Manufacturing. Retailers must deliver on-time while monitoring inbound/outbound activities to reduce inventory and contain fulfilment costs.

Supply Chain Planning Software 59

Supply Chain Planning Software Optimization Software Aerospace Gartner 59

Unleashed

MARCH 2, 2022

Here we give you eight real-world examples of how businesses use Kanban, a popular lean tool that’s helped companies in a huge range of sectors improve efficiency – especially those in the manufacturing industry. Kanban came from the same place as the wider principles of lean manufacturing: Toyota.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 98

The Logistics of Logistics

OCTOBER 26, 2020

Robert Cadena is the Co-Founder and CEO of Lean Staffing Solutions, which provides operational, marketing, sales, and technology services to the logistics and transportation industry. About Lean Staffing Solutions. Lean Staffing Solutions provides operational, sales, marketing, and technology support to over 100 leading 3PLs.

Logistics Network Optimization Software 244

Logistics Network Optimization Software 3PL Agile and Lean Supply Chain Colombia 244

QAD

FEBRUARY 25, 2020

While consumer products manufacturers previously led the way for sustainable manufacturing practices, a growing number of manufacturers in other sectors are treating sustainability as an important operational objective to increase global competitiveness. The Sustainability Movement in Business and Manufacturing.

Waste Reduction 145

Waste Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 145

ToolsGroup

JULY 27, 2021

Make Sure Your Inventory is Healthy. Getting to healthy inventory levels is a natural result of leveraging downstream demand with demand sensing. Employ a multi-echelon inventory strategy to protect supply chain integrity and plan inventory at every level. Traditional inventory approaches create stockouts and waste.

Agile and Lean Supply Chain 290

Agile and Lean Supply Chain Supply and Demand Supply Chain Planning Software Gartner 290

Supply Chain Shaman

JUNE 30, 2023

As a result, demand planning is largely manual, inventory management is a series of manual inputs, and production planning is via spreadsheet. John’s company is a process-based manufacturer and Anne’s ERP solution is a better fit for configure to order which leads to limitations. Analyze Root Cause for Order Reliability.

Supply Chain Planning Software 322

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 322

DELMIA Quintiq

SEPTEMBER 17, 2020

Some manufacturers saw a complete devastation of their keg businesses. Beer manufacturers that mainly relied on on-premise consumption are beginning to rethink their business models. As such, manufacturers need to produce smaller batches with shorter production runs. billion liters less than in 2019.

Modeling 296

Modeling S&OP Supply and Demand Scenario Planning 296

GlobalTranz

MAY 6, 2015

Top management knows that lean can add value , but many still haven’t moved past the initial education stage into full-scale lean supply chain implementation. One reason may be that they haven’t made the paradigm shift as to how to implement lean. o Space—holding places for unnecessary inventory. Reduce Lead Time.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Lean 120

DELMIA Quintiq

MAY 11, 2022

The production of steel is an energy-intensive manufacturing process and the amount required for it is typically generated by burning fossil fuels whose carbon emissions further contribute to the global climate crisis. The graphic above highlights key metals manufacturing trends that are in place today. Technological challenges.

Material Savings 317

Material Savings Supply Chain Planning Software Optimization Software Analytics Software 317

The Logistics & Supply Chain Management Society

JULY 20, 2020

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. This boosts revenues and optimises inventory. This can be applied to inventory management, fleet and order tracking, ID badging. The philosophy of lean, triggers us to look for the “Ideal Way”.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Unleashed

JANUARY 31, 2023

Lean logistics is a strategy designed to optimise supply chain efficiency by cutting out waste and maximising customer value. In this guide to lean logistics: What is lean logistics? This approach to supply chain management is a child of Lean Thinking – a business methodology that originated in Japan in the late 1980s.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 98

Kinaxis

DECEMBER 3, 2014

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #6 Not effectively managing inventory. One example that I’ve seen several times is around inventory targets. by John Westerveld. Reason #3 Not having end-to-end supply chain visibility.

Expense Reduction 250

Expense Reduction Procurement Analytics Cost Reduction Strategies Metrics 250

SYSPRO Smarter ERP

MAY 4, 2022

Complete halts result in backlogs and delays, which will impact warehouses and more importantly, their inventory management. Inventory takes many forms, ranging from raw materials to finished goods. Inventory exists because a buffer is needed to balance out the uncertainties between demand and supply. Survey findings.

Inventory Management Software 105

Inventory Management Software Inventory Management Inventory Reduction Inventory 105

ToolsGroup

MARCH 18, 2019

Rather than cutting back, our customer Mohawk Industries decided to lean in. It bought its main rivals to become North America’s largest fine paper manufacturer. [1] It bought its main rivals to become North America’s largest fine paper manufacturer. [1] They also cut inventory levels, grew sales and resolved capacity issues.

Supply Chain Planning Software 228

Supply Chain Planning Software Supply Chain Planning Scenario Planning Agile and Lean Supply Chain 228

SYSPRO Smarter ERP

JUNE 6, 2022

In today’s business world, the success of a firm depends not only on its sales but also on the ability to manage its supply network and ensure it has the inventory it needs to deliver customer orders. Since 2000, businesses have implemented programs such as just-in-time (JIT) inventory and lean operations to improve profitability.

Inventory Reduction 119

Inventory Reduction Optimal Sourcing Inventory Modeling 119

Logistics Viewpoints

MARCH 25, 2021

The system wasn’t prepared for the surge, driving up pricing for transportation and sapping inventory levels. A virus in China disrupts auto manufacturing in Detroit , or a flood in Thailand takes out a cluster of research and production facilities. The pandemic highlighted the interdependent nature of today’s supply chains.

Supply Chain Planning Software 325

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 325

ToolsGroup

SEPTEMBER 20, 2022

Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. How AI Is Changing the Manufacturing Industry.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

QAD

MAY 7, 2020

Increasingly, we see manufacturers placing less emphasis on cost savings and more importance on supply chain adaptability, risk management and speed. The following are four key areas that can help manufacturers mitigate supply chain risks and build adaptability for future shocks. . Reevaluate Lean Inventory.

Agile and Lean Supply Chain 138

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply and Demand 138

Logistics Viewpoints

SEPTEMBER 19, 2023

Management practices such as lean manufacturing and just-in-time inventory management, along with globalization, have made tremendous impact on cost and service, but have accentuated risk. Metrics such as lead-times, forecast accuracy, inventory levels, and service are used to measure operational risks.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 250

SYSPRO Smarter ERP

DECEMBER 13, 2021

Inventory management was moving towards a just-in-time approach until the supply disruptions of the last year. Whatever inventory management methodology is chosen, the realization that supply chains are vulnerable will require a re-assessment of practices and KPIs in order to keep goods flowing in a predictable and manageable way.

Inventory Management Software 122

Inventory Management Software Inventory Management Inventory Reduction Sourcing Strategies 122

Supply Chain Shaman

JULY 25, 2021

Orbit Chart of Four Industry Sectors at the Intersection of Operating Margin and Inventory Turns (Year-over-Year Averages for the Sector). Lack of Focus on Form & Function of Inventory and Designing Network Flows. As supply chains moved from regional to global, intransit and cycle inventories increased.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

SCMDOJO

FEBRUARY 19, 2024

Over the years, various methodologies have emerged to address this need, including lean manufacturing, Six Sigma, and the integration of both known as Lean Six Sigma (LSS). In this blog, we’ll delve into the integrated Lean Six Sigma approach, exploring its benefits, deployment models, moreover the implications for SMEs.

Six Sigma 85

Six Sigma Optimal Sourcing Continuous Improvement Agile and Lean Supply Chain 85

Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions. Tracking Progress.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Supply Chain Shaman

OCTOBER 29, 2020

Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Inventory. My takeaway?

Optimal Sourcing 236

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 236

Supply Chain Game Changer

AUGUST 16, 2022

In my experience companies always had a need for Inventory Control and an annual inventory count during which all operations were shut down for at least 2-3 days. On top of the annual inventory count there were ongoing manual cycle counts throughout the entire year. An Inventory Control History.

Inventory Reduction 124

Inventory Reduction Inventory Waste Reduction Resource Reduction 124

Logistics Viewpoints

OCTOBER 6, 2021

The economy is picking up after the severe contraction in labor, productivity, and inventory that occurred during the height of the pandemic. Inventory, Efficiency, and the Extended Supply Chain. Supply chains have become incredibly lean over the last couple decades. So it stretches back up the supply chain.

Supply Chain Disruption 227

Supply Chain Disruption Agile and Lean Supply Chain Supply and Demand Supply Chain 227

Supply Chain Shaman

JUNE 14, 2018

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Today’s supply chain—with greater outsourcing, global manufacturing, and complex bill of materials–requires synchronization of the links.

Optimal Sourcing 172

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 172

DELMIA Quintiq

AUGUST 7, 2023

Industrial equipment manufacturers today are operating in an increasingly complex and ever-evolving landscape. Furthermore, the manufacturing workforce gap is a growing concern across all industries. Furthermore, the manufacturing workforce gap is a growing concern across all industries. In this sector.

Material Savings 156

Material Savings Agile and Lean Supply Chain Manufacturing Procurement Inventory Reduction 156

ToolsGroup

SEPTEMBER 25, 2018

Precisely balancing the tradeoff for each inventory item is a hallmark of inventory optimization. Editor’s Note: Last year ToolsGroup became Microsoft’s partner for Multi-echelon Inventory Optimization (MEIO) in Industrial accounts. You can see their version here on the Microsoft website and our slightly abridged version below.

Cost Reduction Strategies 168

Cost Reduction Strategies Expense Reduction Supply Chain Optimization Logistics Network Optimization Software 168

Silvon Software

APRIL 8, 2022

To achieve this growth, successful manufacturers today are relying on key performance metrics and automating many aspects of their data management processes to gain valuable business insights that can be used to meet their organizations’ performance goals. The Basics of Manufacturing KPIs. 40 Manufacturing KPIs That Drive Results.

Optimal Sourcing 119

Optimal Sourcing Manufacturing Procurement Price Mitigation Strategies Supply Chain Optimization 119

Silvon Software

APRIL 29, 2022

Inventory can be a manufacturer’s most important asset. But a large inventory has its own liabilities such as cost to store and insure it, along with the risk of spoilage, theft and damage. The Basics of Inventory Management KPIs. Every inventory KPI needs a clearly defined goal.

Optimal Sourcing 119

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 119

Supply Chain Shaman

MAY 1, 2014

As hospitals adopted consignment planning programs, inventory progress slowed. The turns are the lowest of any industry, and despite investments in technologies and processes, inventory turns have only improved 3%, and Cash-T0-Cash (C2C) cycles have declined 4%. Yet, the attendees wanted to discuss Lean warehousing.

Supply Chain Planning Software 290

Supply Chain Planning Software San Diego Supply and Demand Pharmaceutical 290

Unleashed

FEBRUARY 9, 2022

Automation is increasingly accessible to manufacturing SMEs as technology gets cheaper – and continuing labour shortages mean it’s now an important option to consider. So why is automation beneficial, and how can small-to-medium businesses utilise it to improve manufacturing processes ? What is automation in manufacturing?

Supply Chain Software 98

Supply Chain Software Supply Chain Design Software Inventory Management Software Supply Chain Network Software 98