Predictive analytics utilizes various statistical techniques and models that analyze current and historical facts to make predictions about future.
A North Carolina hospital improves patient care by prescribing a lean and healthy supply chain.
From a Lean and agile supply chain perspective,an optimally designed supply chain can significantly improve margins,support expansion into new markets,enhance the customer experience,and reduce operating costs.
Profile of Kirsten Hall, CEO of Logistics Planning Services in Woodbury, Minn.
The emergence of e-commerce as part of a company’s omni-channel marketing program requires not only an agile, lean supply chain but also a strategy to get there.
The demand chain model drastically reduces a distribution center’s footprint and associated costs by replacing safety stock with information.
Despite Lean traditionally being thought of as a “pen and pencil” technique, it is in fact a key enabler of a lean supply chain linking lean thinking with available and affordable systems and technologies to get the most out of improved processes.
If your company’s supply chain isn’t aligned with your overall business competitive strategy, then performance may fall short of expectations, with higher costs, poor execution, and reduced revenue and profits.
Competitive agility and adaptability help shippers win the multi- and omni-channel race to the customer.
A handy reading guide summarizing supply chain books and their key takeaways.
Whether to help the environment or just to cut costs, companies are making lean and green changes with a major impact.
Launching a cost cutting, productivity-enhancing, or sustainability initiative creates efficiencies with environmental benefits and cost reductions.
Supply chain sustainability, while good for the environment, can also be good for the bottom line if incorporated into a company’s supply chain strategy.
Profile of Michael Fries, senior business intelligence logistics analyst at U.S. Foods, drills into data to find opportunities to make or save money in the company’s logistics operations.
Contract manufacturer Apex International had seen its growth halt as it struggled to deliver products on time and provide sufficient quality control. With the help of Simpler Consulting, Apex adopted Lean management principles to transform its culture and return the company to a path of growth.
Radio Frequency Identification Technology has a multitude of benefits that can have a significant impact on reducing and eliminating waste in the extended supply chain.
It is critical to set meaningful, relevant, and attainable targets to ensure that everyone is focused on a Lean supply chain.
Intelligent transportation technology provides new sources of competitive advantage through complete supply chain visibility.
When applying Lean principles to procurement and purchasing processes, non-traditional sources of waste can be identified, which benefits the entire supply chain.
These seven non-traditional forms of waste can have a direct impact on your bottom line.
Finding a common ground between cost and corporate social responsibility remains a challenging proposition – unless organizations nurture a culture of sustainability.
These supply chain, logistics, and transportation companies lead the way in supporting sustainability.
When trying to avoid waste in your supply chain, it’s all about location, location, location.
The confluence of faster data access, better analytical tools, and data-driven business decisions, make it more likely that future supply chain optimization will be continuous.
Companies are seeking data to help them understand their supply chain networks, and strategic enterprise partners are providing the needed information to them through logistics.
Whirlpool is taking a page out of its Lean production manual and following Penske’s lead to create a more flexible and responsive North American supply chain.
As transportation prices rise, shippers are engaging in smart planning to reduce logistics costs.
Companies can benefit from have a hybrid supply chain that is not only Lean, but also agile.
Before choosing enterprise solutions, companies should conduct intensive requirements research.
Enterprise logistics providers are developing solutions that fuse data elements for insights that enable decisionmaking.
Retailers can identify and eliminate waste from their retail strategy, merchandise management, and store operations.
With Lean tools and processes, companies can reduce waste in their supply chain operations.
The number of stockkeeping units has increased considerably. Doing an ABC analysis helps eliminate unneeded inventory.
Programs such as vendor managed inventory (VMI) and efficient consumer response (ECR) fuel supply chain growth.
Collaborative risk management helps automakers and their supply chain partners protect against disruptions.
Successful continuous improvement initiatives require focusing on achievable goals.
Tools such as electronic data interchange (EDI) and advanced picking solutions support lean supply chain operations.
Managing reverse logistics with a Lean outlook can not only improve profitability, but also add value for customers.
Building strong teams can facilitate Lean initiatives in warehouses and supply chain operations.
Shippers and 3PLs have applied lean principles to remove waste from their operations and improve performance.
Demand-driven logistics practices are a perfect focal point to integrate green strategies with Lean methodologies.
Value-added warehouse processes such as kitting and assembling may be introducing overprocessing waste into your supply chain.
Producing or purchasing too much inventory leads to waste and carrying costs. Companies can apply the Lean principle of Takt time to ensure the right level of product is on hand to meet customer needs.
The Lean Supply Chain is a system of interconnected and interdependent forces that operate in unison to accomplish overarching supply chain objectives, writes Robert Martichenko of LeanCor Supply Chain Group.
Identify the sources of delay to reduce the time workers spend waiting for instructions and supplies. Lean tools such as Kanban and Total Productive Maintenance can help, writes Paul A. Myerson.
Lean concepts such as 5S, Visual Workplace, and Kanban help reduce motion waste to create safer, more efficient workplaces.
Eliminating unnecessary movements in warehousing operations goes a long way toward improving your supply chain’s Lean profile.
Carrying excess inventory ties up valuable capital and warehouse space. Using lean tools to analyze and optimize inventory levels helps companies operate more efficiently.
Applying lean principles to materials handling equipment purchases and configurations helps companies cut costs, writes Robert Arndt, Ryder Supply Chain Solutions.
Applying lean manufacturing principles to supply chain and logistics operations can help businesses reduce costs and gain efficiencies, writes Paul A. Myerson of LPA, LLC.
Using lean components as a foundation for labor management is a powerful way to increase productivity and reduce costs in a warehouse or distribution center, according to Ryder Supply Chain Solutions’ Jeff Boudreau.
Forward-thinking organizations are pursuing lean assessments to evaluate their supply chain, combined with innovative lean solutions to help them design the future state of their value stream, writes Eric Lail of Transportation Insight.
Buck Knives’ lean integration has allowed the company to sharpen efficiencies in its manufacturing operation, increase output, and pull back production from China.
Charlie Jacobs of APL Logistics explains the cost savings and efficiency benefits of implementing lean practices, as demonstrated by three warehousing case studies.
Lean Six Sigma enablers and practitioners are using continuous improvement methodologies to squeeze cost and inefficiency out of the supply chain.
A lean manufacturing value chain sometimes carries the risk of falling behind demand, as John Deere discovered, but the alternative can be worse, writes Inbound Logistics Publisher Keith Biondo.