The Logistics & Supply Chain Management Society

MAY 28, 2022

In these times of global turmoil, there are five (5) important megatrends shaping supply chain innovations in the coming years, namely in e-fulfillment, sourcing, food and agriculture, labour intensive operations, and halal supply chain management. From global to local and regional sourcing. Marco Tieman – CEO, LBB International.

Innovation 244

Innovation Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software 244

Unleashed

MARCH 24, 2024

Lean Six Sigma Six Sigma is a set of methodologies first devised by Motorola in the 1980s, designed to improve the quality of Motorola’s products to the point where defects were so rare as to be statistically insignificant. When combined with lean practices, it becomes Lean Six Sigma.

Six Sigma 52

Six Sigma Supply Chain Design Software Inventory Management Software Demand Planning Software 52

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources. Joint tariff payment is a better strategy for both partners when compared with looking for a totally new supplier or sourcing from a different country altogether.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Logility

JUNE 11, 2021

Operational excellence grew out of the classic “principles of excellence” and continuous improvement philosophies like Six Sigma, Lean and Shigeo Shingo’s ten guiding principles for building a resilient culture of organizational excellence: 1. Assure quality at the source. Respect every individual. Lead with humility.

Supply Chain Planning Software 233

Supply Chain Planning Software Expense Reduction Cost Reduction Strategies Scenario Planning 233

ToolsGroup

AUGUST 8, 2019

A recent, typical job ad for a demand planner lists technical criteria including APICS and Six Sigma certification, alongside “negotiation, communications, and presentation skills”. . The planner’s role has expanded to include a combination of technical skills and communications and interpersonal skills.

Negotiating Skills 185

Negotiating Skills Supply Chain Planning Software Supply Chain Software Modeling 185

Talking Logistics

NOVEMBER 6, 2018

Mass Balance Principles (source: GEODIS). Steps for an efficient Mass Balance are: Mass Balance Steps (source: GEODIS). From this chart you can quickly see the different characteristics of the product to help in decision making: Mass Balance Example: iPad (source: GEODIS).

Electronics 118

Electronics Optimal Sourcing Six Sigma Material Savings 118

Unleashed

MARCH 30, 2022

To do so, we determine our standard deviation, and then use Six Sigma methodology to turn those into upper and lower limits. If we’re using Six Sigma thinking, we’re going to have three standard deviations above and below our mean average as our control limits. What is Six Sigma? The short answer is no.

Manufacturing Procurement 98

Manufacturing Procurement Six Sigma Inventory Management Software Manufacturing 98

Supply Chain Opz

JUNE 1, 2014

There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. However, the overall implementation of strategic sourcing is a bit different between the two companies. 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

Talking Logistics

OCTOBER 30, 2017

Even more comprehensive reporting can come from integrating your network data with public data from sources such as FEMA and the National Weather Service – or even a history of similar natural events for impact comparison – into a singular format (such as the infographic for Hurricane Harvey at left).

Agile and Lean Supply Chain 278

Agile and Lean Supply Chain Supply Chain Software Predictive Analytics Supply Chain Optimization 278

Kinaxis

AUGUST 28, 2017

Lean manufacturing and six sigma initiatives have significantly cut waste and inefficiency in the production process. Digital product development and computer-aided design have changed the game further by creating significant efficiencies in the product development process. Unfortunately, that visibility isn’t always available.

Aerospace 179

Aerospace Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 179

Supply Chain Shaman

OCTOBER 7, 2012

For mature supply chain organizations, it is a natural extension of six sigma. In the supply chain, variability and volatility come from many sources. The best way to start the design of an agile supply chain is to look at the sources of variability and market volatility that your supply chain encountered in the prior year.

Supply Chain Design Software 231

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

Supply Chain Game Changer

JUNE 17, 2020

Strategic National Stockpiles and Sourcing for the National Interest! These Rare Earth Elements have long ago been abandoned for mining and processing here in the United States and are part of our reliance on Chinese sources of supply. sourcing #rareearthelements. Subscribe Here! Email Address. What are Rare Earth Elements?

Manufacturing Procurement 71

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 71

Supply Chain Opz

JANUARY 3, 2022

The Supply Chain Revolution: Innovative Sourcing and Logistics for a Fiercely Competitive World Pros: This book will show you how to plan and execute sourcing strategies like the world's leading companies. Cons: It focuses heavily on sourcing or purchasing which is one function under integrated logistics management.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 100

Talking Logistics

DECEMBER 5, 2017

Most systems are flexible enough to merge data from external sources into the algorithm architecture. We use the latest stochastic and multi-variant modeling techniques coupled with fundamental lean six sigma principles to drive comprehensive and sustainable solutions (and have a great time doing it!).

Prescriptive Analytics Software 148

Prescriptive Analytics Software Analytics Software Supply Chain Design Software Predictive Analytics 148

Supply Chain Opz

JANUARY 29, 2020

Therefore, the challenge to establish the ranking method is to find a more economical data source and the unbiased metrics. Books We Recommend - Purchasing Book - Six Sigma Books - Operations Management Book - Inventory Control Book - Lean Books - International Business Book Last review and update: January 30, 2020

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 100

Supply Chain Movement

SEPTEMBER 26, 2016

New topics discussed will include creating a strong Purchasing Master Data Management fundament, delivering additional value through dynamic discounting, discussing the best strategic P2P function models and experiences with outsourcing vs. in sourcing. Get experience on Lean and Six Sigma in indirect procurement.

Six Sigma 60

Six Sigma Conference Procurement Analytics Case Study 60

Shipchain

JUNE 10, 2020

Ultimately, these redundancies not only helped them remain profitable but also gave them a competitive edge over any businesses that were single-source out of China. . On the other hand, those that had warehouses and facilities spread throughout the world were able to bounce back relatively quickly.

Agile and Lean Supply Chain 112

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design Supply Chain Software 112

GlobalTranz

FEBRUARY 17, 2016

Source: [link]. For instance, if the customer and employee feedback show that product quality issues are prevalent, Lean Six Sigma has to be improved. Understand Lean Principles and How to Use them to Cut Out "Waste". Make the adjustments requested to give value to your customers’ beyond their expectations.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

ToolsGroup

AUGUST 8, 2019

A recent, typical job ad for a demand planner lists technical criteria including APICS and Six Sigma certification, alongside “negotiation, communications, and presentation skills”. . The planner’s role has expanded to include a combination of technical skills and communications and interpersonal skills.

Negotiating Skills 120

Negotiating Skills Supply Chain Planning Software Supply Chain Software Modeling 120

GlobalTranz

JULY 12, 2016

The backbone of Lean Six Sigma methodology, DMAIC ensures sustained, defect-free performance and highly competitive costs. This is the heart of Lean Six Sigma : reducing variation to make a process more stable and predictable. Use the five step approach to understanding the "why" of your operations, not just the "how."

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

Logistics Viewpoints

APRIL 29, 2021

Ecommerce has thrust DCs into the limelight and elevated distribution as a source of potential competitive advantage, or disadvantage. Justin is a certified Lean Six Sigma Black Belt, and he holds an MBA from the Katz Graduate School of Business at the University of Pittsburgh. The Transformation Imperative.

Optimal Sourcing 164

Optimal Sourcing Optimization Software Supply Chain Design Software Supply Chain Planning Software 164

Supply Chain Opz

APRIL 1, 2018

The Supply Chain Revolution: Innovative Sourcing and Logistics for a Fiercely Competitive World Pros: This book will show you how to plan and execute procurement and sourcing strategy like the world's leading companies. #The links below are paid links. Best Logistics Books are as below: 1. Journal of Business Logistics, 38(1), 35-54.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Material Savings Inventory Reduction 100

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

The Logistics & Supply Chain Management Society

JULY 16, 2023

These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access. Despite the destruction and disruption caused by the natural disaster, Toyota had established alternative sourcing options and backup production facilities, enabling it to resume operations swiftly.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

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? The common themes we are hearing are: Inventory cost reduction. Sales and Operations Planning. Scenario planning.

Pharmaceutical 100

Pharmaceutical Supply Chain Planning Software Modeling Scenario Planning 100

Supply Chain Network

JULY 10, 2011

“This expertise will complement our current End-to-End Cost Management initiatives, including Project SAVOR in Procurement and Lean Six Sigma in Manufacturing. SOURCE Kraft Foods. I’m confident that Daniel’s leadership can accelerate efficiencies in our operations, which fuels our virtuous growth cycle.”

Food 79

Food Agile and Lean Supply Chain Manufacturing Procurement Six Sigma 79

DELMIA Quintiq

OCTOBER 11, 2015

And Whirlpool’s supply chain embodies its brand value of innovation with Six Sigma accuracy and cutting-edge manufacturing processes. A primary objective of the act is to eliminate slavery and human trafficking as a source of cheap labor. On the other hand, you have to wait two years for your new Aston Martin DBS.

Waste Reduction 120

Waste Reduction Cost Reduction Strategies Price Reduction Resource Reduction 120

SCMDOJO

AUGUST 28, 2024

Sustainability Initiatives: Warehouses are adopting eco-friendly practices like using renewable energy sources, implementing recycling programs, and optimizing energy use during operations. Warehouse Specialization: Warehouses are becoming more specialized to handle specific types of goods or fulfill specific customer needs (e.g.,

Warehousing 89

Warehousing Optimal Sourcing Supply Chain Planning Software Optimization Software 89

Unleashed

APRIL 10, 2023

Six Sigma Six Sigma’s methodology was developed in the 1980s by a scientist at Motorola. The Six Sigma concept says that all processes in an organisation can be measured and optimised for improvement using a statistical benchmark. In addition to the Six Sigma concept is Lean Six Sigma.

Manufacturing Procurement 52

Manufacturing Procurement Six Sigma Optimal Sourcing Waste Reduction 52

The Logistics & Supply Chain Management Society

JUNE 30, 2022

Sourcing, manufacturing and consumption models will continue to evolve and the supply chain industry is positioned as a strategic partner to support companies in rationalising future decisions. Today, a dominance of production and sourcing is considered far-sourcing, driven by attractive labour rates in Asia.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Procurement Solutions Supply Chain Software 130

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

Diversify Supplier Base : Relying on a broader array of suppliers helps distribute risk and reduces dependency on a single source. About the Author Jeroen Hendrik s is Director at Ar tof Supply Chain Sdn Bhd, a consultancy company focusing on supply chain operations, based in Malaysia.

Asset Management 130

Asset Management Inventory Reduction Inventory Optimal Sourcing 130

SCMDOJO

MAY 10, 2023

With ERP, you get the best of both worlds – a single source of truth where master data creation takes place, and this wealth of information becomes accessible to all programs and authorized customers. Understand Key segments of Master Data in business functions to create a comprehensive picture of data sources.

Optimal Sourcing 124

Optimal Sourcing Government Quality Supply Chain Design Software 124

SCMDOJO

NOVEMBER 17, 2023

These are lean manufacturing, Six Sigma, Lean Six Sigma, and Agile for enhanced performance and momentum. Transportation Sourcing & Management: Selecting cost-effective transportation modes, evaluating factors influencing transportation sourcing, and maintaining compliance with contracts to ensure efficient logistics.

Supply Chain Planning Software 86

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 86

SCMDOJO

APRIL 20, 2023

Muddassir is a Six Sigma black belt and founded the leading supply chain platform SCMDOJO to enable supply chain professionals and teams to thrive by providing best-in-class knowledge content, tools and access to experts. Dr. Muddassir has received a PhD in Management Science from Lancaster University Management School.

Negotiating Skills 110

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 110

Supply Chain Game Changer

FEBRUARY 11, 2021

Often open-source coding software like R or Python are used to develop the AI power that these software models use. Like many sourcing decisions it is important to understand the benefits of AI, the Procurement case for it and the return on investment. What is the real power behind AI? About the Author. He holds an MBA and B.

Procurement 93

Procurement Modeling Software Analytics Software Supply Chain Network Software 93

Unleashed

MARCH 15, 2019

There are various programmes of quality inventory control available for companies to adopt such as JIT , Lean Manufacturing, Six Sigma and Total Quality Management. Traceability is the capacity to track items back to their original source, together with information on each place the stock moved, or any time it was handled.

Inventory Reduction 69

Inventory Reduction Inventory Waste Reduction Optimal Sourcing 69

Supply Chain Cowboy

AUGUST 17, 2014

Much of the Toyota Production Systems (TPS), lean, Six Sigma, and quality improvement tools are a direct result of applying statistics and the scientific method to production. Image Source ]. Instead, it has everything to do with random variation and statistics. Why not save your lungs some stress?

Buyer Training 75

Buyer Training Six Sigma Just-in-Time Optimal Sourcing 75