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Holste's "Sorting it Out" Blog

Innovation – Paramount Importance Driving Operational Improvement


Industry Leaders Provide list of Innovative Improvement Initiatives

 
Holste

A 2005 empirical study (conducted by the management consultancy Arthur D. Little) showed that innovation is of “paramount importance” for companies and policy makers due to the increased importance of innovation as a result of quickly changing technologies and environments, shorter product life cycles, and increasing difficulty to stand out against competitors. The study found that retail customers are increasingly more sophisticated, segmented, and demanding, and expect more in terms of customization, novelty, quality, and price. The findings of this nine year old study are even more relevant today. As a consequence, the management of innovation, in order to systematically generate new ideas and to develop them into marketable goods and services, has become a key competitive factor in today’s business environments.

Many business managers are struggling to keep tight control of the reins while at the same time not inhibiting growth. A few weeks ago we posted an article titled – “When Seeking Project Approval – Be Prepared With Facts & Figures” which included a list of tough questions you can expect the financial officer of your company to ask when seeking project approval. But, what if funding is not available? In this tough situation, innovation (sometimes referred to as thinking out-of-the-box) may offer acceptable alternatives.

The question is how can this untapped resource be...

More

Cliff Holste is SCDigest's Material Handling Editor,
and author of our Sorting it Out Column/Blog
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Logistics News: Innovation - Paramount Importance Driving Operational Improvement
Industry Leaders Provide list of Innovative Improvement Initiatives
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Logistics News: When Seeking Project Approval - Be Prepared With Facts & Figures
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In this Materials Handling Technology Note, we review how recent advances across several areas of conveyor technology are improving the flexibility of system design and later modifications for materials handling systems.

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Why the Time is Right for Labor Management Systems in Distribution




 

 
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Tools and Resources
Logistics News: What Does a Sortation System for Distribution Cost?
Baseline Systems Can Be Implemented for about $1 Million; Wal-Mart Level? Do not Ask
Warehouse Management System (WMS) Resource Page
Find information, expert insight, vendors solutions, a video overview, case studies and more Warehouse Management Systems (WMS). Includes recent downloadable edition of Supply Chain Digest Letter on WMS.
Labor Management System (LMS) Resource Page
Find information, expert insight, vendors solutions, a video overview, case studies and more on the Supply Chain Digest Letter on Labor Management Systems in Distribution
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answers
Supply Chain Question: Calculating Distribution Center Capacity
Supply Chain Question: How to Calculate Discount for Customer Freight Pick-Up?
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New Materials Handling Tech Notes
 

The first analytic reports for the materials handling and distribution industry.

This report: Advances in Conveyor Technology increasing System Flexibility

 
videocast

Labor Management System
(LMS) Overview

Present by SCDigest Editor Dan Gilmore

View our Complete Labor Management System Resources Page

 
 
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