Talking Logistics

JULY 14, 2015

Transportation optimization is more than moving freight for the lowest cost or a short-term boost in performance; it’s also about continuous improvement delivered through smart, data-driven planning and efficient execution. What key metrics should they be driving for as an organization? What are their pain points?

Logistics Network Optimization Software 100

Logistics Network Optimization Software Six Sigma Waste Reduction Supply Chain Planning Software 100

GlobalTranz

OCTOBER 21, 2015

All KPIS have metrics to measure. Six Sigma’s DMAIC , PDCA and VSM should be used as well to solve problems and gain opportunities. The Transportation Management System (TMS) of the 3PL can gain rewards for both parties as well through freight optimization. The more KPIs, the more difficult the negotiation process.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

GlobalTranz

MARCH 23, 2016

The focus is to eliminate all wastes in the organization, improve processes, solve root cause problems, create a pull environment, and ensure that Lean Six Sigma (LSS) works for quality and daily problem solving using DMAIC (Define, Measure, Analyze, Improve, and Control) and PDCA (Plan, Do, Check, and Act). Why are we doing this?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Talking Logistics

OCTOBER 17, 2016

Mariotti states that you first have to measure it, and he outlines several metrics and techniques in the book, including ranking customers by annual sales, profit, and gross margin percentage. Take, for instance, Six Sigma black belts. How do you reduce supply chain complexity, or at least slow its growth?

Waste Reduction 100

Waste Reduction Agile and Lean Supply Chain Six Sigma Supply Chain Optimization 100

The Logistics of Logistics

OCTOBER 8, 2012

The post Managing a Third Party Logistics Partnership appeared first on The Logistics of Logistics.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

Talking Logistics

DECEMBER 5, 2017

The advent of transportation management systems (TMS) in the 1990s introduced near-infinite metrics and data points into the supply chain yet brought with it more questions than answers: How do we centralize the data? How well is my transportation routing guide performance? How do we analyze it efficiently? Cost Savings.

Prescriptive Analytics Software 106

Prescriptive Analytics Software Analytics Software Supply Chain Design Software Predictive Analytics 106

Talking Logistics

OCTOBER 18, 2016

As a result, many organizations are turning to third-party logistics providers (3PLs) and enhanced transportation management systems (TMS) to deliver the velocity, visibility, predictability and control they need. Today’s Next-Gen TMS Meets Today’s Supply Chain Needs. Today’s supply chain requirements demand more advanced tools.

Demand Planning Software 100

Demand Planning Software Supply Chain Planning Software 3PL Supply Chain Network Software 100

GlobalTranz

SEPTEMBER 28, 2016

2) Implement Continuous Improvement Projects ( Lean, Process Capability, Six Sigma ) with Key Strategic Suppliers to Drive Cost-Out and Supply Base Capability. . Every business has their set of metric which they want to focus on. How to Track Performance. 50% improvement) min.

Supply Chain Planning Software 120

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

SCMDOJO

JULY 24, 2023

It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider. Carriers: Carriers are the transportation companies responsible for physically moving the goods from one location to another.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 98

GlobalTranz

MAY 6, 2015

There should be metrics involved to monitor these objectives to ensure success across the supply chain. These metrics should be reviewed frequently to ensure supply chain success. o Transport—unnecessary movement of product. o Packaging—containers that transport air or allow damage. This sets the supply chain pace.

Agile and Lean Supply Chain 120

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

Kinaxis

FEBRUARY 17, 2015

by Matt Benson If your 3PL supply chain problem was to deliver 400,000 items daily from supplier to customer and your on-time in full metric was a six-sigma target standard of 1 failure per million, how would you do it?

Pharmaceutical 100

Pharmaceutical Supply Chain Planning Software Modeling Scenario Planning 100

GlobalTranz

JUNE 11, 2015

The first post in this series broke down what is supplier quality management and the steps to evaluate suppliers and the second post gave you insight into the metrics to look out for by 6 major industries. We deal with our suppliers of transportation on a daily basis: our select carrier partners.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Quality Examples 120

SCMDOJO

AUGUST 4, 2023

But times are changing, the use of reduce inventory offers more quality and useful performance metrics. The usage of useful performance metrics offered by the use of reduce inventory actually reward behavior that tends to enhance your products final quality. Over time, having huge inventories were considered necessary.

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 98

Supply Chain Action Blog

FEBRUARY 18, 2021

This is one of the benefits of a functional Sales and Operations Planning or Integrated Business Planning process that is supported by shared and consistent metrics across business functions. Variation in the transportation operation (caused by traffic volume or accidents, road construction, weather, illness, and any number of other factors).

Inventory Management Software 40

Inventory Management Software Inventory Management Inventory Reduction Inventory 40

The Lean Supply Chain

APRIL 24, 2015

Transport that occurs within the field operations for workers and products is taken into account in this phase. The fourth phase, distribution , is transport related and can be referred to at a local, regional, national or international level of the company. Finally, equipment maintenance is an issue, which should not be overlooked.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Lean Six Sigma Supply Chain Software 40

Kinaxis

MAY 24, 2018

Dana stated that leading supply chain organizations such as Amazon are looking for disruptive skills such as Lean/six-sigma, SQL, project management, R, Perl, and Python in addition to the core supply chain skills, as compared to lagging organizations primarily looking for ERP and excel skills.

Gartner 111

Gartner Supply Chain Execution Conference Supply Chain Planning Software 111

SCMDOJO

JUNE 14, 2023

A 3PL offers a comprehensive range of services, including transportation, warehousing, distribution, and value-added solutions such as inventory management, packaging, and assembly. This will enable smooth integration with 3PLs, transportation providers, and other business systems. Select the right 3PL provider.

3PL 105

3PL Supply Chain Design Software Prescriptive Analytics Software Inventory Management Software 105

Supply Chain Opz

JUNE 1, 2014

The reason why they can do this is that customized products are sold directly to customers so they have the higher profit margin to compensate the higher transportation cost. Managing transportation at this scale is the absolute challenge. The secret behind its supply chain success is the use of Six Sigma approach.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Supply Chain View from the Field

OCTOBER 14, 2013

We prefer not to transport our product, yet we do a lot of trucking transportation, and drive many miles. Riva emphasized that “We need to create metrics that we have intention to follow. And the metrics we care about deeply include zero waste on all our sites.

Sustainability 60

Sustainability Waste Reduction Six Sigma Cost Reduction Strategies 60

Logistics Bureau

JANUARY 19, 2016

How to fix the problem: Some measures that your company can take to prevent supply chain cost blowouts as a result of inefficiency include: Implement a continuous improvement program, such as lean or Six Sigma. Implement performance metrics and monitor a selection of key performance indicator. Over-charging by freight carriers.

Supply Chain Planning Software 40

Supply Chain Planning Software Cost Reduction Strategies Negotiating Skills Agile and Lean Supply Chain 40

SCMDOJO

AUGUST 16, 2023

By maintaining its own trucking fleet, Walmart gains greater control over transportation and delivery schedules, leading to improved efficiency and timely product replenishment. By eliminating unnecessary intermediaries and optimizing production and transportation, overall supply chain costs can be minimized.

Inventory Reduction 98

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 98

The Lean Supply Chain

MARCH 22, 2015

There should be metrics involved to monitor these objectives to insure success across the supply chain.These metrics should be reviewed frequently to insure supply chain success. o Transport—unnecessary movement of product. o Packaging—containers that transport air or allow damage. The New Role of the 3PL.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Lean Waste Reduction Supply Chain Planning Software 40

Supply Chain Shaman

OCTOBER 7, 2012

For mature supply chain organizations, it is a natural extension of six sigma. These can be shift in the channel, issues in manufacturing, increasing variability in transportation, or a shift in commodity prices. Q: What is the best metric to begin analyzing when starting to evaluate Supply Chain agility?

Supply Chain Design Software 231

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 231

Logistics Bureau

JULY 18, 2022

Transportation management systems (TMS). If that’s the case, you must implement a new suite of properly aligned metrics to monitor performance and progress towards your supply chain goals. Warehouse management systems (WMS). Inventory optimization software. Network modeling and optimisation software. Forecasting systems. Probably not.

Inventory Reduction 91

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction Strategies 91

Logistics Bureau

SEPTEMBER 25, 2016

It will also show you the metrics at which those companies excel along with their actual results, giving you the ability to set a new, higher target. By doing so, you will be able to identify metrics highlighting where and how the best supply chains excel, and use those same metrics to measure your own supply chain improvement.

Benchmarking 40

Benchmarking Supply Chain Planning Agile and Lean Supply Chain Supply Chain Strategy 40

Unleashed

MARCH 1, 2023

Visual factories vs. Six Sigma and 5S Six Sigma is a methodology designed to use data to improve business processes, eliminating defects and standardising the business. Visual factories fit into the idea of lean Six Sigma, where Six Sigma practices are used to reduce waste and better control future work.

Waste Reduction 52

Waste Reduction Cost Reduction Strategies Inventory Reduction Expense Reduction 52

Logistics Bureau

NOVEMBER 16, 2020

Another option is to work in a warehouse, or in transport, or maybe in customer service where you are dealing with people all the time. A common route into supply chain management is a bachelor’s degree in supply chain management, logistics, or international transport. A business degree with a supply chain focus will serve you well.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 97

The Lean Supply Chain

AUGUST 5, 2015

There should also be a QBR or Quarterly Business Review on the transportation company you choose. If they have a Transportation Management System (TMS), optimization of your freight will occur. There are many more KPIs that can be added to this basic SLA agreement. The more KPIs, the more difficult the negotiation process.

Negotiating Skills 40

Negotiating Skills Logistics Network Optimization Software KPI Six Sigma 40

GlobalTranz

OCTOBER 28, 2015

Our goal is to not only talk about how they can make transportation management more effective through our blog articles about technology and best practices but to also inform them about their own industry and how they might use this information to better their companies. 1981: Six Sigma Developed by Motorola.

Modeling Software 120

Modeling Software Manufacturing Industrial Industry 120

SCMDOJO

JULY 3, 2023

This procurement training course is taught by Corey Weekes who is based in Toronto, Canada and is a co-founder and Managing Partner at the EIGHTY-FOUR GROUP Supply Chain Consulting company as well as a Senior Warehousing and Transportation Director at one of Canada’s leading and most globally recognized luxury apparel brands.

Purchasing Training 98

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 98

Supply Chain Game Changer

NOVEMBER 11, 2018

That is how I got into logistics management and gained deep warehousing and transportation experience. The departments were called production and inventory control, warehousing and transportation. How to trade off inventory and transport costs? Have balanced, relevant and valid metrics. Plus, metrics protect you.

SCM 43

SCM Supply Chain Planning Software Buyer Training Supply Chain Software 43