Articles
Lean Supply Chain
Supply Chain Excellence: A Manufacturing Firestarter
Manufacturers feed on the flames of innovation, R&D, and operational efficiency. But when it comes to seeing beyond the plant, supply chain excellence can spark a world of change.
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Leverage Data to Navigate Uncertain Times
If you’re tracking the Producer Price Index, consumer spending surveys and driver shortage statistics, you know that the economy and the global supply chain are becoming more and more complicated. Increasing volatility in operating costs, capacity, consumer demands, technology evolution and government regulations are producing a blinding effect on many shippers. To restore insight and […]
Read MoreReducing Freight Costs
Transportation prices have risen over the past year, but shippers can cut those costs through smart planning. Tim Benedict, senior director of transportation at APL Logistics, offers the following tips for reducing freight costs. 1. Don’t wing it. Electing to use international air instead of expedited ocean for the majority of hot shipments could leave […]
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A Lean and Agile Supply Chain: Not an Option, But a Necessity
In today’s global, dynamic economy, it is beneficial for companies to operate a supply chain that is both Lean and agile. Using Lean and agile in combination is known as having a hybrid supply chain strategy. A hybrid supply chain strategy may be appropriate for a company attempting to become a "mass customizer"—producing progressively smaller […]
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Selecting the Right Technology to Support Your Lean Operations
Technology plays a key role in enabling Lean supply chain operations. For example, connecting to suppliers in real time facilitates re-supplying parts and materials for a just-in-time production environment. But choosing the wrong software can create waste in terms of the time, effort, and money spent evaluating, selecting, implementing, and using the system. Surveys commonly […]
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The Evolution of Enterprise Logistics
Utilizing new technologies and sophisticated business intelligence tools, leading-edge companies are transforming their supply chains and their enterprises through data science. The journey from simple execution-based transportation management to predictive, strategic planning—powered by analytics—has accelerated with a new emphasis on supply chain engineering, LEAN consulting and Big Data solutions. While precise in process, the co-managed […]
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Lean: Winning Strategies for Cutting Waste
With Lean tools and processes at your command, you’re well on your way to gobbling waste from your supply chain operations. Wakka wakka!
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Lean Retail: It’s About Time – and Money
Thanks to forward-thinking retailers such as Walmart and OfficeMax, Lean thinking is spreading in a variety of manufacturing sectors, including consumer goods, apparel, and food and beverage. These retailers have dramatically changed how products are ordered, moving inventory rapidly through their distribution centers to stores by gathering and sharing point-of-sale data with suppliers, and using […]
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Streamlining Inventory Through SKU Rationalization
While supply chain and logistics managers pursuing Lean operations generally seek to eliminate excess inventory, sales and marketing programs often lead companies to increase the volume of products they keep in stock. During the past few decades, the number of stockkeeping units (SKUs) retailers offer has soared. For example, in 1970, the average grocery store […]
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Collaborative Programs: Not a Chore But an Opportunity
Many corporate executives view the supply chain and logistics function as a source of savings through cost reduction. Their position is understandable, as supply chain and logistics costs can represent 50 to 70 percent of a company’s sales dollars. Making these operations more efficient and effective can have a great impact on the bottom line. […]
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