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Monday February 4, 2008 | permalink | comments (1) Reduce Inventory with these 3 Supplier Partnership StrategiesHere are three inventory reduction strategies that are a result of supplier partnerships. Each strategy requires closer relationships with suppliers in addition to web-enabled information systems to track and monitor product movement and create better forecasts. Issues to consider when considering these strategies include confidentiality and inventory ownership.
Thursday July 19, 2007 | permalink | comments (0) Objective Reports on Voice-Directed PickingTwo recently released reports compare the performance of voice-directed picking (VDP) to that of label picking and handleld scanner picking. The results show a significant improvement in accuracy when replacing label picking with VDP, however not to the extent that manufacturers of VDP technology claim. In addition, results show that converting to VDP from handheld scanner picking increased productivity by 17% with a negligible decrease in accuracy.
Wednesday July 18, 2007 | permalink | comments (0) Advantages & Disadvantages of 3PLThe use of third-party logistics providers has grown steadily since their inception in the 1980’s and continues to grow. Many large organizations have either partially or fully outsourced their logistics operations; however, smaller organizations have been slow to follow. Below are some advantages and disadvantages of outsourcing your logistics operations to a third-party logistics provider.
Tuesday July 17, 2007 | permalink | comments (0) 2007 Global Transportation and Supply Chain and Logistics ConferenceThe 2007 Global Transportation and Supply Chain Logistics Conference in Dubai, UAE, is being held from October 21-22 2007. Featured presentators include: David Jacoby, President of Boston Logistics Group, Harold G. Clampitt, CEO and Founder of American RFID Solutions and C. Thomas Burke of Kawasaki Kisen Kaisha ("K" Line).
From the ISCEA: "The conference's keynote speaker is Luke Ritter, Founder and CEO of Trident Global Partners. He will be speaking on how RFID Biometrics & Encryption technology can create innovation for security, privacy and new benefits to lower costs such as shrinkage, gray marketing and
counterfeiting."
Thursday July 12, 2007 | permalink | comments (0) How to Choose the Right SupplierQuite often, organizations use price as the determining factor when considering which supplier to select. While price is an important determining factor, other dimensions such as quality, lead time and payment terms must not be overlooked. Here is a comprehensive list of criteria that may be used to make the best decision.
Tuesday July 10, 2007 | permalink | comments (1) 5 Steps to Effective SCM ForecastingFollow this five-step approach to help your organization generate better forecasts. The benefits of better forecasting include reduced inventory levels and better customer service through higher in-stock rates.
Monday July 2, 2007 | permalink | comments (0) New SCM Benchmarking Tool: Strategic Assessment DashboardFrom the Supply Chain Consortium: "The Supply Chain Consortium has the solution with its new Strategic Assessment Dashboard, a tool that is quickly becoming the ultimate index in supply chain benchmarking and best practices. Using an updated user interface, the Dashboard allows Consortium members to compare operations to their entire industry, to specific segments of their industry, or to supply chains in other industries. For instance, an apparel retailer can now see how their distribution tactics compare to the retail industry as a whole, just to their specific clothing niche, or to the entire database across industries."
Friday June 29, 2007 | permalink | comments (0) How to Create an Agile Supply ChainAgility deals with how responsive supply chains are to changing customer demands. The North American automotive industry is a prime example of how to synchronize the arrival of parts just-in-time basis to meet production requirements. Implement these three initiatives to create an agile supply chain.
Monday June 25, 2007 | permalink | comments (0) Purchasing Case StudiesHere are three case studies that address issues such as strategic sourcing, e-procurement and best practices for purchasing. Learn strategies that organizations such as AT&T, Microsoft and HP use to reduce their purchasing spend including measuring supplier performance and outsourcing.
Sunday June 24, 2007 | permalink | comments (0) Display Latest Headlines | powered by WordPress |
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