Continuous Improvement Activities in Logistics Industry
How Can Supply Chain Leaders Use Big Data as a Tool to Continuously Improve?
GlobalTranz
NOVEMBER 17, 2016
Supply chain leaders must be ready to implement big data and leverage it to improve their companies without any delay or inhibition This may sound impossible and frightening, but they must only understand how big always goes back to these two, simple principles of measurement, review, and action. Consider the following elements explains John Richardson of Inbound Logistics, that impact business strategy. Raw material suppliers and logistics.
6 Benefits of Applying Useable Data in Logistics For Continuous Improvement
GlobalTranz
NOVEMBER 12, 2015
We continue our series on strategic shipping by going into detail of the 10 main areas that shippers can turn to in order to have a strategic logistics and transportation management mindset. Today we will go into detail on using the available data created in the processing of shipments within transportation management and other related logistics management for continuous improvement. . Cleaning Data in Logistics.
Join 106,000+
Insiders
Sign Up for our Newsletter
Put on Your "There Has to Be a Better Way" Glasses: Driving Continuous Improvement in Transportation Management
Talking Logistics
NOVEMBER 23, 2015
Everybody agrees that driving continuous improvement is important, especially in transportation management, but in many cases, companies are so consumed with their day-to-day activities that it's difficult for them to find the time for it. That was my opening question for Bill Madden, Director of Managed Services at LeanLogistics , in a recent episode of Talking Logistics. Continuous improvement has to be embedded in your company's culture," Bill added.
How TMS Analytics Can Lead to Actionable Insights & Continuous Improvement
GlobalTranz
APRIL 18, 2017
"What can you do to improve your company?". That is a loaded question, loaded with innuendo, desire, financial concerns, questions about the state of the road and weather and much more, but the ways you improve your company are becoming easier to see. Modern, cloud-based analytics systems within transportation management systems ( TMSs ) have redefined how you strive for continuous improvement. Analytics may also be used to drive improvement in your equipment.
Lean Logistics and Material Flow: The Importance of Continuous Improvement
LeanCor
DECEMBER 18, 2014
Lean logistics aims to reduce inventory levels and create flow within supply chain networks. For supply chains looking to obtain one-piece flow lean logistics processes must be in alignment with purchasing and inventory strategies among other processes within a firm or supply chain network. Non-value added items should be removed from these processes to ensure there are optimal opportunities for flow through these improvements. Lean Logistics Journey.
The 7 Habits of Highly Effective 3PLs
The Logistics of Logistics
FEBRUARY 15, 2013
The best 3PLs do a great job of communicating with their clients and logistics partners. Habit 2 – Measure Logistics Performance. A highly effective 3PL will use key process indicators (KPIs) to monitor logistics performance. Typical logistics KPIs measure the following: cost, on time performance, billing accuracy, damage, process compliance and customer service. Logistics Key Process Indicators (KPI). Process is the first step in continuous improvement.
5 Easy-to-Use Ways to Monitor Supply Chain Health
Talking Logistics
NOVEMBER 17, 2015
These are examples of metrics that may or may not support your goals. For example, setting a goal of 100% truck utilization might be desirable, but the way your logistics function is structured, or the nature of your business model and markets, might dictate that a realistic goal is 80% truck utilization. Continuous checks on compliance. For example, what is the difference between your stated cost-per-mile targets and the actual cost-per-mile achieved?
5 Predictive & Immersive Logistics Tech Trends Driving Continual Improvement
GlobalTranz
FEBRUARY 14, 2017
The coming year is set to reshape how the logistics tech industry operates. Logistics Tech Will Become Data-Driven. There was a time when logistics was simple shipping processes. But, modern logistics is data-driven , and this concept will become essential to success in 2017. Consumers Will Dictate Logistics Operations. Amazon has catalyzed marvels of invention and speed in logistics tech. Consider this example. Logistics
Downturn in the Oil and Gas Industry: An Opportunity for Supply Chain Improvements
Talking Logistics
SEPTEMBER 16, 2015
Robinson, earlier this year on Talking Logistics. All that said, I agree with something else Kent said: I believe from a supply chain and logistics perspective, I would characterize Oil and Gas as generally full of opportunity, not just for companies in the industry to turn their supply chains into a competitive advantage, but it's a great opportunity for service providers that are well positioned to add value and drive change. Accessorials is another example.
Managing for Daily Improvement: Bridging the Gap Across Teams and KPIs
Talking Logistics
FEBRUARY 4, 2016
Lean Six Sigma (LSS) thrives on the notion that there is always room for improvement, and it looks to eliminate defects that can hinder the flow of a process from moving toward its performance end goal. The question to pose instead is "How can we improve?" This is accomplished with help of the people who touch every part of daily operations through a process called managing for daily improvement. Continuous Improvement from the Bottom Up.
Manufacturing ERP Plays a Key Role for Sustainability
QAD
FEBRUARY 25, 2020
As an example, look no further than Microsoft's announcement to be carbon negative by 2030 and their commitment of $1 billion towards a climate innovation fund. The benefits go beyond brand protection and reputation including: Improved operational efficiency with reduced waste and costs.
Managing a Third Party Logistics Partnership
The Logistics of Logistics
OCTOBER 8, 2012
The relationship will not work without trust and Continuous Improvements through constant communication in your relationship. Chuck specializes in Supply Chain Optimization, Third Party Logistics (3PL) and International Purchasing and Importing Consulting. The post Managing a Third Party Logistics Partnership appeared first on The Logistics of Logistics.
5 Things to Look for When Vetting Logistics Transportation Services
GlobalTranz
AUGUST 18, 2021
As logistics continues to grow more lucrative to the customer experience, 3PLs are playing an increasing role in the supply chain. To find the right logistics transportation services partner for your unique business needs, shippers should consider these five crucial characteristics.
Mastering Profitable Omni-Channel Logistics, Despite Disruptions
Logistics Viewpoints
FEBRUARY 8, 2022
For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. Another powerful omni-channel market force continues to be the "Amazon effect." Navigating an Increasingly Challenging Logistics Landscape.
Reimagining Logistics: Focusing on What's Ahead, Not What Happened
Logistics Viewpoints
MAY 26, 2022
Challenges drive dramatic shifts in supply chain and logistics. Across many of our industries, conventional wisdom about best practices for supply chain operations and logistical networks is being challenged. Hallmarks of successful logistics transformation.
Debunking Myths About Operations Management Consulting
USC Consulting Group
JANUARY 10, 2022
Operations management consulting is a discipline designed to improve your company's internal operations and processes, making them more efficient, streamlined and ultimately, profitable. We work with a wide range of industries, including chemical processing, forestry products, food & beverage, life sciences, mining & metals, oil & gas, transportation & logistics, private equity, and yes, manufacturing.
The Anatomy of the Kaizen Method and How to Apply It in Your Workplace
USC Consulting Group
SEPTEMBER 17, 2019
" No matter how you say it, they all mean the same thing: "improvement," or as it's said in Japanese: "Kaizen." As has been noted in this space previously, Toyota Motor Company might be the most well-known company in its successful adoption of Kaizen — which literally translates as change for the better — to drive process improvements. Take automation as an example. In Spanish, it's "mejora."
Managed Services: The "Stretch Armstrong" of Logistics
Talking Logistics
AUGUST 4, 2014
As I look around, I see examples of Stretch Armstrong in the technology and logistics realms. Cloud computing is a perfect example. In the logistics realm, managed services is another example. It addresses a real need and challenge that many companies face today: how to effectively scale their logistics resources, technology, and processes in a rapidly changing environment.
Service Level Agreement Defined
The Logistics of Logistics
APRIL 6, 2013
A service level agreement (SLA) is a contract between a Logistics service provider and a customer that specifies, in measurable terms, what services the Logistics provider will furnish. Many customers manage their Logistics providers with an SLA. Sometimes, the Logistics provider has their own SLA/KPI that they want to use with any customer, but negotiation is still in order. An SLA/KPI is typically used when there is a Logistics provider contract to co-sign.
This Week in Logistics News (July 20-24, 2015)
Talking Logistics
JULY 24, 2015
There was a lot of supply chain and logistics news this week, so let's go straight to it. UPS Said to Be in Talks to Buy Coyote Logistics for $1.8 Bloomberg broke the news this week that UPS is reportedly in talks to buy Coyote Logistics for $1.8 billion, which if it happens, would be another large deal in the third-party logistics (3PL) industry since December (see, for example, FedEx acquisition of GENCO and XPO Logistics acquisition of Norbert Dentressangle ).
Third Party Logistics
LeanCor
JANUARY 22, 2014
Many organizations have utilized lean to improve manufacturing processes, and have now realized it's time to extend these programs and start connecting lean principles to partners within the supply chain. Logistics can be quite complicated and there are many potential failure modes between the order and delivery. Without an effective third party logistics provider in place, the system can break down and the inbound part or outbound final product won't arrive in time.
Employing this S.M.A.R.T. Technique with a Logistics Company to Create Total Stakeholder Satisfaction
GlobalTranz
OCTOBER 27, 2015
Today we continue our series on successfully working with a logistics company, often called a third party logistics company by focusing on how to properly understand the success of the engagement by knowing all the key performance indicators that a shipper could put in place. We will then finalize the series on logistics key performance indicator success management with practical techniques to carry through the academic subjects we've covered thus far. .
This Week in Logistics News (August 8-12, 2016)
Talking Logistics
AUGUST 12, 2016
You get your work done as quickly as possible and head for somewhere cool fast, so without delay, here is the supply chain and logistics news that caught my attention this week: C.H. BlueGrace Logistics Announces $255 Million Investment from Warburg Pincus. Business Intelligence and analytics are playing a more critical role in freight audit, as I discussed with Stephen Craig and Sarah Riblon from enVista in a recent episode of Talking Logistics.
The New Value Equation in Contract Logistics
Talking Logistics
JANUARY 23, 2017
With all of the changes happening in the supply chain and logistics realm — whether it's technology, regulations, mergers and acquisitions, new business models and competitors — is the value equation in contract logistics changing too? That was the main question I addressed with Greg Boring, VP of Sales at Kenco Group , in a recent episode of Talking Logistics. Is there still room for improvement in this area?
State of Logistics Outsourcing: Plenty of Room for Growth as Shipper Dissatisfaction & Technology Expectations Increase
GlobalTranz
MARCH 9, 2015
The year on year increase in customer dissatisfaction of logistics outsourcing has pushed many players into a defensive corner. The costs of logistics and inventory are decreasing, contract renewal rate for logistics outsourcing remains good, and the emergence of cutting-edge technologies like 3D printing, drone delivery and augmented reality is opening up a wide vista of opportunities. Cautious Optimism Abound in the Logistics Outsourcing Outlook.
Essence of optimization in supply chain and logistics
Kinaxis
JANUARY 26, 2017
For example, the shipment of products into loads of a truck is an example of loading model. Thus, small improvement on the shipment efficiency easily will add up to a significant cost saving and provides strong competitive advantage for the company. Now, let's see through a small example how the shipment could be improved. It is apparent that the loading profile could be improved and by doing so more items could be shipped in one order.
Third Party Logistics Services
LeanCor
JULY 15, 2013
As consumers continue to buy record amounts of products, there is a largely unseen and unappreciated aspect to business that remains in the background. The process of getting the right product to the right customer at the right time is the job of effective logistics. Every company that produces a product for consumers or other businesses must deal with the issue of the supply chain, or logistics. A second source of improvement is financial performance.
This Week in Logistics News (July 22-26, 2013)
Talking Logistics
JULY 26, 2013
Choice Logistics Named Top 100 Learning Organization. billion in Q2 2013, up 3 percent from the same period last year, and comparable EPS from continuing operations increased 15 percent to $1.25. On the technology front, Oracle introduced this week Oracle In- Memory Logistics Command Center , which provides "the means to perform rapid simulations and what-if analyses of your logistics network using real-world operational data, rules and constraints."
What's Big Data in Supply Chain & Logistics? Why Should I Be Looking at This Tech Trend?
GlobalTranz
NOVEMBER 11, 2016
Big data in supply chain has become synonymous with better business, improving efficiency in the supply chain, continually improving and innovation. For example, does location A offer more benefits than location B. In this example, location A is located outside of shopping center with few restaurants. In other words, they have actually used data analysis to realize what does and does not improve profit margins. Data Logistics Supply Chain
All Third Party Logistics Providers Are Not Created Equal
Supply Chain Network
SEPTEMBER 12, 2015
My initial involvement in the Third Party Logistics business was early in 1993 when I became the first Director of Development for Tibbett & Britten Group in North America. More than 20 years later the Third Party Logistics or 3PL business continues to grow around the world and therefore logistics professionals at almost all firms? Real Continuous Improvement. Real Continuous Improvement. Ongoing Productivity Improvements.
The Importance of Customer Service in Logistics
Zipline Logistics
MARCH 10, 2020
Customer service in logistics is an often-overlooked aspect of a provider's capabilities. . But, in today's competitive landscape, the importance of customer service in logistics should not be undervalued. . Why is customer service in logistics critical? .
The Evolving Landscape of Artificial Intelligence (AI) in Supply Chains & Logistics
ThroughPut
JUNE 24, 2022
Speed in decision-making, speed in reducing cycle-times, speed in operations, and speed in continuous improvement. Gaining Supply Chain Momentum with Artificial Intelligenc e(AI) in Supply Chains & Logistics.
Seek loyal logistic service providers
Supply Chain Movement
OCTOBER 16, 2015
Companies seek loyal logistics service providers who can conquer the waves with them, whether they are gentle ripples or a powerful swell. And once a suitable partner has been found, it is wise to strive to continually improve the collaboration. For companies who are struggling to outsource their logistics activities, an online tool called the Supply Chain Satellite has been developed. Conquering the waves with the shipper.
Logistics is like a box of chocolates…
LeanCor
SEPTEMBER 10, 2014
Others work in the trenches, providing tangible examples of peer role models and lifting up those to their right and to their left. As supply chain and logistics professionals we are often carried from one crisis to another in which stability seems impossible and every day is unlike the previous one. Forrest Gump demonstrated lean leadership at the heart of his adventures by investing in people and leveraging his attitude to continue to learn.
Seek loyal logistic service providers
Supply Chain Movement
OCTOBER 19, 2015
Companies seek loyal logistics service providers who can conquer the waves with them, whether they are gentle ripples or a powerful swell. And once a suitable partner has been found, it is wise to strive to continually improve the collaboration. For companies who are struggling to outsource their logistics activities, an online tool called the Supply Chain Satellite has been developed. Conquering the waves with the shipper.
European Supply Chain & Logistics Summit 2014
Supply Chain Movement
MARCH 27, 2014
European Supply Chain & Logistics Summit 2014. The European Supply Chain and Logistics Summit has established itself as one of the leading meetings of its kind in the world. Designed for and built in conjunction with senior supply chain and logistics leaders from multiple regions and industries, the event will provide a mix of expert case studies, interactive debate and in depth topic master classes. Mark Foscoe, Group Logistics Manager, Mitsubishi Electric.
Supply Chain Visibility: An Important Piece of the Logistics Puzzle
Talking Logistics
SEPTEMBER 8, 2016
Without the proper information to make qualified decisions and drive improvements in your business. Here are 3 specific reasons we see it as such an important piece of the logistics puzzle: Supply Chain Visibility = Business Intelligence. " This is just one example of the worst case scenario you could have: your systems aren't integrated, and people are making decisions on the information they have available.
Logistics Decision-Making Backed by Data Science: 4 Keys to Success
The Supply Chain Journal
JUNE 28, 2021
During a time of significant supply chain disruptions, logistics leaders rely on data to make informed business decisions. Leaders in logistics are investing in data science disciplines to make smarter decisions and accelerate business goals.
Reverse Logistics: What is it, and Why is it So Important?
Unleashed
AUGUST 18, 2021
Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Today, reverse logistics can no longer be an afterthought for manufacturers, but is instead an integral part of supply chain planning. 3 examples) 1.
Autoliv's Supply Chain Risk Management Journey
Logistics Viewpoints
OCTOBER 10, 2022
As the Automotive OEMs improved their supply chain risk management processes, they then turned to their key suppliers to improve their risk management processes. At the time we spoke, Mr. Niebur spoke of risk management as a continuous improvement journey that would never end.
Source: https://www.supplychainbrief.com/continuous-improvement/examples/logistics/
0 Response to "Continuous Improvement Activities in Logistics Industry"
Post a Comment