RFgen

DECEMBER 19, 2024

Embrace Lean Inventory Practices and Warehouse Layout Optimization Adopting lean inventory principles and and optimizing warehouse operations reduces carrying costs, minimizes waste from obsolescence or spoilage, and frees up valuable warehouse space. Which warehouse performance metrics should be tracked?

Optimal Sourcing 95

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 95

DELMIA Quintiq

JUNE 22, 2021

In this final blog on agility and why you should consider becoming an agilist to survive the new completion (of the continuous mention) of the application of enterprise decision management systems (EDMS) from Taylor and Raden cited in the first blog, I turn to the metric of agility and a new ROI metric of decision yield.

Metrics 156

Metrics Supply Chain Planning Software Agile and Lean Supply Chain Optimization Software 156

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

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

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

QAD

JULY 1, 2021

What are Total Manufacturing Costs? Your total manufacturing costs are essentially an expense analysis that calculates how each of your company’s departments contributed to producing a finalized product. This looks at all stages of the manufacturing process from raw materials to work-in-progress to final result.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 98

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

Supply Chain Shaman

JULY 25, 2021

The Focus Inside-out Supported by Functional Metrics. Functional excellence drove regional supply chain performance in the 1990s, but a focus on functional metrics in large, global and complex supply chains over the last two decades threw the supply chain out of balance. Lean, Blockchain, Industry 4.0,

Procurement Analytics 370

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

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

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

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 293

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 293

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

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] Improving culture, service levels and profitability.

Supply Chain Planning Software 228

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

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

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 153

Supply Chain Design Software Manufacturing Material Savings Supply Chain Software 153

Supply Chain Shaman

MARCH 4, 2013

Abby and I are writing an e-book on Supply Chain Metrics that Matter. Likewise, in today’s supply chain environment, I find that supply chain leaders favor a single function of logistics, manufacturing or sourcing. Companies that are not looking holistically at metrics are stuck. It is harder to understand lean body mass.

Price Mitigation Strategies 272

Price Mitigation Strategies Training Cost Reduction Strategies Sourcing Strategies 272

RFgen

JANUARY 16, 2025

Keeping track of all your moving parts in manufacturing is a tall order. That’s where manufacturing inventory management software comes in. In this ultimate guide, we’ll break down everything you need to know about manufacturing inventory management software. Spreadsheets just don’t cut it anymore.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Supply Chain Planning Software Optimization Software 52

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

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

Supply Chain Shaman

JUNE 29, 2014

With the purchase of i2 by JDA, and Logictools by IBM, manufacturing companies serious about network design started looking for a company, with a well-established community, that was more serious about network design. I smiled as I began to present the story of the “Metrics that Matter.” The reason? Value-based Analysis.

Supply Chain Design Software 268

Supply Chain Design Software Supply Chain Design Network Design Software Supply Chain Planning Software 268

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

The Logistics & Supply Chain Management Society

JULY 20, 2020

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. The philosophy of lean, triggers us to look for the “Ideal Way”. Arguably, it is criticised that acting too lean can cause breakdowns in crisis. fashion, automotive, spare parts, airlines). Customer Centricity.

Agile and Lean Supply Chain 230

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

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

Supply Chain Shaman

MAY 21, 2013

Medical Device Manufacturer. We have used Lean process systems and swim-laned ourselves to death. While hospital supply chain organizations have made progress in the last decade, the gap has widened between the supplier sectors of pharmaceuticals and medical device manufacturers and other manufacturing industries.

Modeling 240

Modeling Modeling Software Pharmaceutical Procurement Analytics 240

SCMDOJO

JANUARY 29, 2025

Supply chain reports are data-driven documents that provide key metrics and insights into various aspects of your supply chain, including: Inventory Levels Tracking stock levels in real-time to ensure adequate inventory to meet demand while minimizing holding costs. What are Supply Chain Reports? defects, damage, non-conformance).

Inventory Reduction 98

Inventory Reduction Negotiating Skills Waste Reduction Cost Reduction Strategies 98

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 84

Metrics Waste Reduction Resource Reduction Cost Reduction Strategies 84

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 Supply Chain Planning Software Optimal Sourcing 156

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. In lean terms, we have too much muda (waste) and too little inventory working for us. Yet, only 20% of companies actively manage supplier development programs to get cash to suppliers in need.

Optimal Sourcing 242

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 242

The Network Effect

OCTOBER 3, 2014

Supply chain organizations within the automotive supplier industry contribute to manufacturing excellence in many ways, including quality, cost, and delivery to their OEM and subsystem customer base. From a measurement perspective the key trending metrics at a high level include: Supplier on time delivery.

Supply Chain Network Software 195

Supply Chain Network Software Automotive Modeling Software Supply and Demand 195

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

SCMDOJO

MARCH 24, 2025

Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred. worry no more! References Garnder, S.

Purchasing Skills 69

Purchasing Skills Negotiating Skills Negotiate Pricing Procurement Analytics 69

SCMDOJO

OCTOBER 30, 2024

Enhancing Collaboration Capabilities Supply chain management is inherently collaborative, often requiring coordination between suppliers, manufacturers, distributors, and retailers. Conversely, a student leaning toward supply chain analytics could engage with advanced courses in data science, predictive modeling, and optimization techniques.

Supply Chain Planning Software 97

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 97

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

Logistics Viewpoints

OCTOBER 26, 2021

Supply chains must be connected and collaborative so all links can align to business strategy and oriented toward a common set of the most important metrics (and not functional metrics that drive siloed behavior). But to operate at the board level we need to be able to speak the CFO’s language. Spike up to protect against attack.

Supply Chain Design Software 305

Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software Pharmaceutical 305

GlobalTranz

DECEMBER 30, 2014

As with the logistics category where we featured 15 most popular blog posts vs. the 10 we covered in the top manufacturing blog posts and supply chain blog posts , we write so many transportation blog posts in that category, we are going to feature the 16 most viewed transportation blog posts. Read the Full Blog Post. Read the Full Blog Post.

Logistics Network Optimization Software 232

Logistics Network Optimization Software Expense Reduction Supply Chain Planning Software Modeling Software 232

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

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