GlobalTranz

JUNE 1, 2015

Customer expectations of reliable quality and rapid delivery forces today’s manufacturers to either shorten cycle times or lose business. Lean systems have provided a formidable operating strategy for leaders determined to achieve and maintain optimal operational systems and customer satisfaction levels.

Manufacturing Procurement 120

Manufacturing Procurement Agile and Lean Supply Chain Waste Reduction Inventory Reduction 120

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

RFgen

FEBRUARY 17, 2023

KEY TAKEAWAYS: Just in Time Manufacturing is a business-centric approach focused on efficiency. Lean manufacturing emphasizes customer desires. When it comes to producing products, manufacturers have many options for the methodologies they adopt. How do you choose the right manufacturing method for your business?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 52

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 #9 Relentless pursuit of one supply chain metric at the expense of other metrics. Why do companies focus on reducing a specific metric? by John Westerveld. Sound ridiculous?

Expense Reduction 250

Expense Reduction Procurement Analytics Cost Reduction Strategies Metrics 250

Unleashed

MAY 7, 2024

Sustainable manufacturing is about product creation that doesn’t deplete natural resources or harm the environment. Implementing sustainable practices in your manufacturing operations not only protects valuable resources but can lead to financial savings and increased brand reputation. What is sustainable manufacturing?

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

QAD

APRIL 13, 2023

While Contract Pharma & BioPharma manufacturers continue to experience an increase in demand for more projects, new challenges are emerging from nearly every angle including new regulatory and quality requirements, workforce shortages and of course, supply chain disruptions. is likely to reach 2.1

Pharmaceutical 98

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 98

Supply Chain Shaman

JANUARY 7, 2015

Tomorrow, I have a call with a manufacturing company to answer the question, “ What is the most important concept in the book?” Joe works for Filipe, and his boss believes that supply chain excellence can best be typified by lean. It is for this reason, that I believe that the traditional SCOR Model metrics are problematic.

Metrics 150

Metrics Agile and Lean Supply Chain Manufacturing Procurement Modeling 150

Unleashed

MAY 9, 2024

Measuring and improving manufacturing efficiency is a great way to trim down production costs. Put simply: the more efficiently you manufacture goods, the more profitable your business becomes. With the right systems in place – and continuous monitoring – you can improve manufacturing efficiency across all your key workflows.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Resource Reduction Inventory Reduction 52

QAD

JUNE 25, 2019

It is critical to monitor inventory effectiveness using five key metrics: Expedited orders, inventory turns, obsolete inventory, safety stock and stockouts. Using Metrics to Measure the Health of the Business. Companies use these metrics to minimize their investment in inventory without adversely affecting customer service levels.

Procurement Analytics 111

Procurement Analytics Metrics Inventory Reduction Inventory 111

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. Every KPI needs a clearly defined goal.

Optimal Sourcing 119

Optimal Sourcing Manufacturing Procurement Price Mitigation Strategies Supply Chain Optimization 119

IQMS

MAY 1, 2018

Bottom Line: Manufacturers are reaching a new level of results in 2018 because they have clearer, more actionable insights based on real-time manufacturing and quality metrics than ever before. Quality Metrics Enable Customer-Driven Manufacturing Networks. What Success Looks Like In A Customer-Driven Manufacturer.

Manufacturing Procurement 56

Manufacturing Procurement Metrics Quality Predictive Analytics Software 56

GlobalTranz

AUGUST 9, 2016

Lean is a new way of doing business. For shippers, culture and behavior have to change to apply Lean Transportation thinking. Lean thinking focuses on the elimination of all waste (where waste is defined as any non-value added process) and bringing value to the customer , beyond the customer’s expectations.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Lean Cost Reduction Strategies 120

GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance. Twitter Google+ LinkedIn The post 3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance appeared first on Transportation Management Company | Cerasis.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Unleashed

APRIL 10, 2023

The internal processes of a manufacturer are critical to the success of the overall business. This article breaks down 11 of the most effective process improvement techniques in manufacturing that you can implement in your workplace today. Deep dive: Check out the 2023 Manufacturing Productivity Guide.

Manufacturing Procurement 52

Manufacturing Procurement Six Sigma Optimal Sourcing Waste Reduction 52

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

Supply Chain Shaman

JULY 19, 2020

The supply chain is complex non-linear system that is easily thrown out of balance through a focus on functional metrics. They rock back and forth in improving singular metrics but struggle to improve a portfolio of growth, margin, inventory performance, and asset utilization. Stop the Focus on Functional Metrics.

Supply Chain Design Software 417

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 417

Unleashed

DECEMBER 15, 2021

Here explain what DSI is, how to use it, and why it’s crucial to track this metric in your business – whether you’re a retailer, manufacturer, wholesaler or distributor. For manufacturers, it’s about understanding how long the process takes from receiving inventory to manufacturing a product and achieving a sale.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Metrics Inventory 98

synchrono

MAY 21, 2018

Three Ways Leaders Create Lean. Relentless” leadership and team empowerment drive lean change. For those of you who have not, this is important – leadership is the single most important component to lean success. . Mature lean organizations expect 80% of their improvements to come directly from those closest to the work.

Agile and Lean Supply Chain 62

Agile and Lean Supply Chain Lean Buyer Training Supply Chain Planning Software 62

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. These metrics should be reviewed frequently to ensure supply chain success.

Agile and Lean Supply Chain 120

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

Silvon Software

APRIL 18, 2024

Across the globe, manufacturing businesses are navigating economic uncertainties with increasing sophistication. This ensures that operations are lean and responsive to market demands. For example, implementing process mining techniques to analyze and improve manufacturing throughput times.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. Manufacturing KPIs. can be measured to define this metric. can be measured to define this metric.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

synchrono

FEBRUARY 13, 2017

When we began our metrics discussion, we talked about how behaviors are too often dictated by metrics—and whether or not these behaviors actually “move the needle” for sustainable supply chain improvements. Mark Davidson’s blog about aligning metrics to larger goals and objectives covers this topic well. Don’t miss the boat.).

Resource Reduction 63

Resource Reduction Cost Reduction Strategies Metrics Supply Chain Strategy 63

DELMIA Quintiq

OCTOBER 12, 2020

Manufacturers today are being challenged to anticipate new product introductions while reducing costs and protecting profit margins. Maintaining lower levels of inventory with increasing requests for lower lead times and variable supply and demand is forcing manufacturers to look again at making their operations as Lean as possible.

Optimization Software 296

Optimization Software Lean Inventory Reduction Price Mitigation Strategies 296

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. are most exposed to risk?

Supply Chain Design Software 262

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 262

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Consumer Goods.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

QAD

JULY 23, 2020

This is especially true for manufacturers. To grow and thrive, manufacturers need to develop best practices, benchmark against those best practices and formulate action plans. What are the Benefits of Manufacturing Performance Benchmarking? Benchmarking Best Practices: Setting a Manufacturing Performance Benchmark.

Benchmarking 145

Benchmarking Metrics Manufacturing Six Sigma 145

QAD

JULY 23, 2020

This is especially true for manufacturers. To grow and thrive, manufacturers need to develop best practices, benchmark against those best practices and formulate action plans. What are the Benefits of Manufacturing Performance Benchmarking? Benchmarking Best Practices: Setting a Manufacturing Performance Benchmark.

Benchmarking 144

Benchmarking Metrics Manufacturing Six Sigma 144

synchrono

MARCH 6, 2017

I keep seeing the word efficiency in the manufacturing media. When we look at the organizations of today, words like efficiency and productivity get thrown around with little understanding of what is required to improve one of these measurements (metrics). Measure efficiency and productivity against your REAL goal.

Metrics 82

Metrics Waste Reduction Resource Reduction Cost Reduction Strategies 82

Supply Chain Shaman

OCTOBER 10, 2017

When her employees kept breaking their tablets on the production floor, Peggy used lean-production thought processes to innovate for new answers. While many employers would have penalized the employees for tablet breakage , Peggy explored the world of wearables to enable her digital manufacturing transformation. About Agco.

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Material Savings Supply Chain Software 152

synchrono

AUGUST 22, 2016

The two areas of my working world are embracing technology like never before: Marketing and manufacturing. As mentioned earlier, modern manufacturing concepts like The Factory of the Future, Smart Manufacturing and Industry 4.0 are based on Demand-Driven Manufacturing methods and enabled by a more digitally connected enterprise.

Metrics 40

Metrics Demand Planning Software Modeling Software Analytics Software 40

GlobalTranz

MAY 20, 2015

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. 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.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

synchrono

JANUARY 31, 2017

LNS Research blogger Mark Davidson said, “When it comes to metrics, it’s often said that what gets measured gets done.”. I have found this to be true when working with many different manufacturers. Metrics for Action. These Metrics for Action are not intended for overall business analysis.

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 40

synchrono

NOVEMBER 6, 2017

Many of our customers don’t start out looking to implement Demand-Driven Manufacturing per se. Often, they’re focused on Lean Manufacturing or at least some element of it. However, at some point in the conversation, they will inevitably ask, “Is Demand-Driven Manufacturing the same thing as Lean Manufacturing?”.

Agile and Lean Supply Chain 39

Agile and Lean Supply Chain Lean Demand Planning Software Supply and Demand 39

OptiProERP

NOVEMBER 14, 2023

In an era where environmental concerns are taking center stage, sustainability has emerged as a critical driver of success for manufacturers, big and small. Governments, consumers, and stakeholders increasingly prioritize sustainable practices, urging manufacturers to reevaluate their operations.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

Logility

AUGUST 25, 2020

Every company today runs on data – the key to using your data is choosing the right metrics for visibility into your supply chain. While Key Performance Indicators (KPIs) may be reviewed quarterly or monthly, the speed with which supply chain operations occur makes a daily view of more tactical and operational metrics a growing necessity.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

GlobalTranz

DECEMBER 31, 2015

We have also featured on our blog over 90 guest bloggers featuring voices from experts in all of the five main categories who have talked about such subjects as the Skills Gap, Reshoring, Technology, Innovation, STEM, the Maker Movement, Lean Manufacturing and Supply Chain, the Internet of Things, and much much more.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Logistics Network Optimization Software Supply Chain Software Third Party Logistics 120