It’s an exciting time for distribution operations leaders who can drive their company’s destiny like never before! Turn Your Distribution Center &Warehouse into a “Speed-of-Flow” Profit Center...
Turn Your Distribution Center/Warehouse into a Profit Center!
We tend to forget that each entity in distribution operations, each piece of the “value-stream”, is part of your company’s financial picture. Of course it is; you are trying to make money, aren’t you? Distribution centers and warehouses tend to be viewed as cost centers - not profit centers - and that should become a very clear distinction in terms of how you approach your distribution operations.
Exploit the Constraints - Lean Thinking Can Take Time and Cost Out
of Your Inventory and Supply Chain - A Thought Leadership White Paper
Maybe you’ve decided to read what this whitepaper’s title promises because you feel that your current inventory and supply chain business processes are not delivering its appropriate contribution to your operational excellence objectives. Maybe you want to leverage your supply chain and move it to the next level because you are no longer satisfied with just incremental improvement. Or, maybe you are looking for ways to unlock capital. Regardless of your specific motivation, I expect that you understand that excellence in inventory and supply chain management drives value; that fundamental flow of materials, product and information from suppliers, through your company to its customers. And that supply chain is not just about warehouses, forklifts and trucks.
There has been, I believe, a certain degree of a “step-child” approach to DC’s and warehouses;
it’s called putting it on the “back burner”. It’s all that stuff done “back there” - by the “Picker-
Packer-Rack-Stackers”, It’s sometimes often done under severe constraints; whether it’s space,
obsolete storage methods, outdated receiving and picking methods, the absence of or under-utilization of technology, etc.
Sometimes we develop great measurements, for sure. However we tend to forget that each entity in distribution operations, each piece of the “value-stream”, is part of your company’s financial picture. Of course it is; we’re trying to make money. Distribution entities tend to be viewed as cost centers - not profit centers - and that should become a very clear distinction in terms of how you approach your distribution operations.
When put into action, “lean” allows companies to serve customers faster, with less space and inventory, lower transaction costs and greater accuracy. Click on image or Document link below to view full article.
Lean thinking and square watermelons have more in common than you may think. Article printed in Electrical Wholesaling Magazine, March 2018
Eliminating the nonvalue-added activities, and inventory, is the greatest potential source of improvement in a wholesale-distributor’s performance. Click below to read full article.
Manufacturers with mature Supply Chain practices are 40% more profitable than manufacturers with less mature SCM practices. Read Article by clicking on link below.
One of the keys to successful marketing is identifying what makes your business unique and letting everybody know about it. Read full article by clicking on file below.
Howard W. Coleman has worked with over 145 clients in distribution management and manufacturing consulting engagements.