Lean manufacturing

Doug Baker, Jr., Joins JIT Services as an Owner

Retrieved on: 
Monday, July 19, 2021
Supply chain management, Freight transport, Inventory, Lean manufacturing, Manufacturing, Working capital management, Ecolab, Jit, Jit, Economic sectors, Secondary sector of the economy

MINNEAPOLIS, July 19, 2021 /PRNewswire/ -- JIT Services ("JIT"), a growing sustainability company, announced today that former Ecolab CEO Doug Baker, Jr., has joined the company's ownership group and board of directors, which also includes JIT CEO Ravi Norman, JIT President Mike Menzel and Dr. Harold Massey.

Key Points: 
  • MINNEAPOLIS, July 19, 2021 /PRNewswire/ -- JIT Services ("JIT"), a growing sustainability company, announced today that former Ecolab CEO Doug Baker, Jr., has joined the company's ownership group and board of directors, which also includes JIT CEO Ravi Norman, JIT President Mike Menzel and Dr. Harold Massey.
  • "JIT already delivers outstanding value to its customers and community, and has the opportunity and capability to do even more.
  • Doug joining JIT signifies the evolution of our organization and comes at a pivotal time when we are poised for growth."
  • JIT Services is a Corporate Plus National Minority Supplier Development Council-certified Minority Business Enterprise and has been minority owned since its founding in 1991.

Inventory Jump Could be Welcome Relief for Home Buyers

Retrieved on: 
Monday, July 19, 2021
Inventory optimization, Lean manufacturing, Supply chain management, Inventory, Zillow, Real estate, Corporate finance, Business

But inventory has begun to recover since then, with a 3.1% improvement in June, following a 3.9% increase in May.

Key Points: 
  • But inventory has begun to recover since then, with a 3.1% improvement in June, following a 3.9% increase in May.
  • Inventory now stands at 29.2% below 2020 levels.
  • "Another month of rising housing inventory gives buyers some additional options and a little more bargaining power," said Jeff Tucker, senior economist at Zillow.
  • Inventory growth still has a long way to go before it balances out the market, however, as relentless demand pushed appreciation into new territory again in June.

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against CarLotz, Inc. (LOTZ)

Retrieved on: 
Friday, July 16, 2021
Inventory, Inventory optimization, Lean manufacturing, Supply chain management, Profit, Class action

On March 15, 2021, CarLotz announced its fourth quarter and full year 2020 financial results.

Key Points: 
  • On March 15, 2021, CarLotz announced its fourth quarter and full year 2020 financial results.
  • During a related conference call, the Company stated that gross profit and gross profit per unit (GPU) were softer than .
  • CarLotz also reported that the additional inventory created a logjam that resulted in slower processing and higher days to sell.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

ESO Launches ESO Inventory for EMS Agencies and Fire Departments

Retrieved on: 
Thursday, July 15, 2021
Public policy, Government, Law enforcement, Emergency services, Health, Technology, Hospitals, Software, Internet, Inventory, Inventory optimization, Lean manufacturing, Supply chain management, Emergency medical services, Management

ESO , the leading data and software company serving emergency medical services (EMS), fire departments, hospitals, and state EMS/trauma offices today announced ESO Inventory , its modern, cloud-based inventory management platform to help EMS agencies and fire departments quickly and easily manage disposable supplies and medications.

Key Points: 
  • ESO , the leading data and software company serving emergency medical services (EMS), fire departments, hospitals, and state EMS/trauma offices today announced ESO Inventory , its modern, cloud-based inventory management platform to help EMS agencies and fire departments quickly and easily manage disposable supplies and medications.
  • We believe ESO Inventory is the revolutionary inventory management platform for EMS agencies and fire departments.
  • Vehicle Inventory: ESO Inventory gives field providers a single place to record rig stock checks, review supplies used on calls, and restock their vehicle.
  • ESO Inventory is a refreshingly intuitive inventory management interface that connects EMS processes for both improved visibility and streamlined workflows.

Logicpath Announces New Website to Reflect Rapid Growth in Cash Forecasting Software Marketplace

Retrieved on: 
Thursday, July 15, 2021
Inventory, Supply chain management, Working capital management, Management, Lean manufacturing, Field inventory management

ATLANTA, July 15, 2021 /PRNewswire/ --Atlanta-based fintech SaaS company logicpath, a leader in AI-driven cash supply chain technology,has unveiled its new company website: logicpath.com .

Key Points: 
  • ATLANTA, July 15, 2021 /PRNewswire/ --Atlanta-based fintech SaaS company logicpath, a leader in AI-driven cash supply chain technology,has unveiled its new company website: logicpath.com .
  • This rebranding initiative reflects the evolution of the company and itsrecentlaunchof an exciting new milestone version of C3 Financial , artificial intelligence(AI)and cash inventory management software innovating the financial services industry.
  • "As a leader in cash inventory management technologyanda2020 Top Cash Management Solution Provider,logicpath is now positionedto become synonymous withAI-driven cash operations technologyas the marketfor these toolscontinue to grow rapidly."
  • C3 Financial , logicpath's SaaS cash forecasting and inventory management software focuses on optimizing the cash supply chain by increasing efficiency, reducing expenses, and centralizing visibility of the cash network.

New Business Book Explains How a Japanese Company Achieved Extreme Quality Improvement Not Seen Since Japan's Post-WWII Economic Miracle

Retrieved on: 
Thursday, July 15, 2021
Companies, Supply chain management, Economy, Quality management, Toyota, Toyota Group, Lean manufacturing, Quality

TL&F represents "ground zero for the most important advances in quality improvement since the Deming-inspired quality improvements of the post-WWII Japanese economic miracle," said John Shook , author of seminal books and articles on Toyota's lean management business system.

Key Points: 
  • TL&F represents "ground zero for the most important advances in quality improvement since the Deming-inspired quality improvements of the post-WWII Japanese economic miracle," said John Shook , author of seminal books and articles on Toyota's lean management business system.
  • Shook learned the system working at Toyota for 11 years, becoming the company's first American kacho (manager) in Japan.
  • The book also describes the company culture needed to achieve and sustain superior quality levels.
  • Nomura's job at TL&F was to improve quality at acquired operations in the U.S., Sweden, and France.

Henry Repeating Arms Announces Next Company President

Retrieved on: 
Wednesday, July 14, 2021
Supply chain management, Bayonne, New Jersey, Henry Repeating Arms, Lean manufacturing, Henry, Wickström, Secondary sector of the economy, Corporate finance, Supply chain management, Bayonne, New Jersey, Henry Repeating Arms, Lean manufacturing, Henry, Wickström, Secondary sector of the economy, Corporate finance

Employed by Henry Repeating Arms since November 2006, Mr. Wickstrom started as the General Manager of the company's Rice Lake, Wisconsin manufacturing facility.

Key Points: 
  • Employed by Henry Repeating Arms since November 2006, Mr. Wickstrom started as the General Manager of the company's Rice Lake, Wisconsin manufacturing facility.
  • In his capacity as President, Mr. Wickstrom will provide leadership directing the future of Henry Repeating Arms while preserving the company's core values, relationships with employees, vendors, distributors, dealers, and the company's obsessive focus on the customer.
  • During his 15-year tenure with Henry Repeating Arms, he facilitated the growth of operations, company-wide improvements, and new product development while implementing lean manufacturing practices and cost-saving methods.
  • Visit Henry Repeating Arms online at www.HenryUSA.com , on Facebook at www.Facebook.com/HenryRepeating , and on Instagram @Henry_Rifles .

Digital Pioneer Cesar Gon Joins the Nonprofit Lean Enterprise Institute's Board of Directors

Retrieved on: 
Tuesday, July 13, 2021
Lean manufacturing, Supply chain management, Lean enterprise, Lean, CI&T, Continual improvement process, Secondary sector of the economy, Working capital management

BOSTON, July 13, 2021 /PRNewswire-PRWeb/ --The nonprofit Lean Enterprise Institute (LEI), a global leader in lean management thinking, practice, and innovation, today announced that digital technology veteran Cesar Gon has joined its board of directors.

Key Points: 
  • BOSTON, July 13, 2021 /PRNewswire-PRWeb/ --The nonprofit Lean Enterprise Institute (LEI), a global leader in lean management thinking, practice, and innovation, today announced that digital technology veteran Cesar Gon has joined its board of directors.
  • Gon brings to the LEI board deep knowledge of how lean management and digital technologies work together.
  • Since 2007 when CI&T began using lean management principles internally, it has pioneered the application of lean continuous improvement to digital transformations.
  • "It's an honor to join Lean Enterprise Institute's Board of Directors, and I look forward to working closely with the leadership team to continue to support its mission," Gon said.

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against CarLotz, Inc. (LOTZ)

Retrieved on: 
Monday, July 12, 2021
Legal, Professional services, Inventory, Inventory optimization, Lean manufacturing, Supply chain management, Profit, Class action

On March 15, 2021, CarLotz announced its fourth quarter and full year 2020 financial results.

Key Points: 
  • On March 15, 2021, CarLotz announced its fourth quarter and full year 2020 financial results.
  • During a related conference call, the Company stated that gross profit and gross profit per unit (GPU) were softer than .
  • CarLotz also reported that the additional inventory created a logjam that resulted in slower processing and higher days to sell.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

New Inventory Visibility and Collaboration Capabilities Enhance Ivalua's Procure-to-Pay Solution

Retrieved on: 
Monday, July 12, 2021
Supply chain management, Working capital management, Lean manufacturing, Inventory optimization, Inventory, Business process management, Logistics, Vendor-managed inventory, Supply chain, Warehouse, Inventory control, Inventory management software

The solution streamlines and automates the management of inventory levels, the stock replenishment process and collaboration with suppliers for Vendor Managed Inventory (VMI), addressing both indirect spend and direct materials needs.

Key Points: 
  • The solution streamlines and automates the management of inventory levels, the stock replenishment process and collaboration with suppliers for Vendor Managed Inventory (VMI), addressing both indirect spend and direct materials needs.
  • Organizations often face challenges due to poor visibility and collaboration with suppliers with respect to optimizing inventory levels, streamlining stock replenishment, communicating demand forecasts and planned orders, ultimately leading to suboptimal inventory levels.
  • Ivalua's fully integrated Inventory Collaboration solution helps customers streamline and optimize inventory levels in sync with the broader procure-to-pay process.
  • warehouse, plant, stockroom)
    To address supply chain and direct materials needs, Ivalua also offers a Vendor Managed Inventory (VMI) capability, enabling efficient collaboration with suppliers that manage inventory for their customers.