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Operation Mamgment12
Operation Mamgment12
Operation Mamgment12
Line balancing ensures that all operators and machines work together
in a balanced fashion. No operator or machine should be
overburdened or idle. By minimizing downtime, line balancing reduces
waiting waste.
2. Reduce inventory waste
Consider if you have too many or too few workstations. Line balancing
might improve process efficiency to a point where there is excess
capacity throughout your line. It might be beneficial to remove
workstations or combine processes.
The analysis of the quantitative data on your lines will surely reveal
other opportunities for improvement that could improve the balance of
your lines.
To implement process improvement, you can manipulate three
parameters: operator time, machine time, and setup time. For
instance, you can give additional training to workers that take longer
to complete tasks or facilitate transitions to reduce changeover times.
You can also upgrade machines or make sure operators follow proper
machine setup and maintenance standard operating procedures
(SOPs).
Many Lean practices can also help reduce variation in your lines. 5S
and visual management create a coherent workspace, thus reducing
the time wasted looking for tools and improving process
efficiency. Poka-yoke, or error-proofing, a process that helps catch
defects early, which increases the consistency of output.
Behind the scenes, there are all the employees, resources, data, processes, and
technologies that together enable the appearance of finished goods in customer’s
hands or at their front door. These complicated chains of people and processes can
be managed in one of two ways:
A traditional method focused on production and provision and reliant on
siloed systems with little to no data sharing.
An automated (digital) method powered by up-to-date technologies that
connect all the network components, speed up processes, and enable all
stakeholders to access reliable, real-time data.
We suggest that you answer the questions below and, based on the responses,
decide if it is time for you to automate.
With supply chains based on manual workflows, the risk of damaged, lost or
delayed shipments is high due to poor shipment monitoring and lack of real-time
data. Taking into account the growing expectations of today’s customer, such
errors are costly: they can lead to customer dissatisfaction and damage to the
company’s reputation. According to a recent article in Forbes, a supply chain that relies
on archaic manual processes is not competitive anymore. The only way to keep
customers happy is to examine your core workflows and identify your supply chain
blind spots.
Lost orders often mean lost customers. With more and more nodes in today’s
supply chain, enabling end-to-end visibility is a key concern for executives. Data
empowers businesses to detect and fix weaknesses in the supply chain before they
become significant problems. According to a McKinsey and Company study, 80%
of respondents need to improve and invest in digital planning to increase supply
chain visibility.
The universal truth about today’s customers is that they expect to receive their
orders as soon as possible with outstanding customer service in the event that
problems arise . Supply chain automation serves customers in multiple ways, from
automatically triggering order fulfillment to picking and packing the orders.
With technologies streamlining your business, your customers will reap the
benefits and you will be able to maintain high customer satisfaction and loyalty
rates.
What supply chain processes can be
automated?
Back-office
Supply chain management is usually considered in relation to the movement of
physical goods. However, a significant portion of the process occurs behind the
scenes. Back-office operations set the stage for all supply chain processes. They
include operations responsible for the vast amounts of data that control the
movement of raw materials and finished goods, procurement, and the production
flow. Implementing automation in this process can significantly increase the speed
and efficiency of tasks.
Warehouse management
Today, warehouse automation is a strong tendency in the supply chain industry.
Certain software can automatically aggregate and process orders, and then send
tracking information to customers. In some cases, these programs can
automatically direct every order to the most suitable warehouse based on the
available space and picking efficiency.
Transportation
Transportation, which is one of the most important processes in the supply chain,
can be automated in different ways. But all automation systems are aimed at
enabling fast, precise and qualitative delivery in a more economical and effective
way. These are just a few examples of such solutions. Route optimization helps
determine the best carriers and fastest, most efficient routes. Multi-dimensional
monitoring tool provides real-time information on your vehicles and notifies you
of potential delays. These and other technologies in transportation software
development allow you to optimize your transportation processes and reduce
transportation costs.
In today’s competitive business market, keeping costs down while increasing the
speed and efficiency of a company’s logistics operations is imperative. The military
was the first to coin the term 3PL, as it developed this method for efficiently
transferring resources to areas where they are most needed. 3PL has continued to
grow as the deregulation of interstate trucking reduced barriers to entry in the freight
management industry.
JIT requires tight coordination between production and vendors for it to work
right. Under JIT, raw materials, parts, and components are ordered and delivered
just as they are needed for producing finished goods. The concept can extend
further up the supply chain to include sub-assembled parts as well.
The parts do not arrive earlier or after they are required; but they arrive just as they
are needed.
3PL’s use JIT as a strategy to provide several specific benefits to their clients
beyond just cost reduction and enhanced efficiency.These additional benefits are
realized through:
When a company works with a 3PL for manufacturing support services, there is
clearly the expectation of value and a positive ROI. JIT is often the “lowest
hanging fruit” and first process to implement in this type of arrangement.
Through proper planning and well managed supplier relationships, efficient JIT
inventory management is an attainable goal for any manufacturer.
However, unlike B2C, B2B order fulfillment needs more robust 3PL services to
provide comprehensive order fulfillment.
What is Third Party Logistics?
Third-party logistics, or 3PL, is a term that’s used interchangeably with fulfillment
warehouse or fulfillment center. Companies providing 3PL services offer many of
the same services as order fulfillment companies. These services include:
Warehousing
Inventory Management
Order Picking & Packing
Kitting & Customisation
Order Shipping
Reverse Logistics (Returns Management)
Kitting services
Just-in-time customisation
eCommerce fulfillment
Customised packaging
Dedicated customer support
Seamless Integration
Not all businesses manufacture their own products. The goods are ordered from a
different business and assembled somewhere else. The finished products are then
packed and moved to the warehouse. There needs to be proper sync among all
these parties to streamline all processes. The 3PL logistics company of your choice
should offer seamless integration with sales channels, suppliers, and order &
warehouse management systems for seamless order fulfillment.
End-To-End Order Visibility
3PL companies also provide businesses with end-to-end order visibility. The
business and its suppliers should be able to access the same inventory and product
catalogs and see the order fulfillment process. With real-time linking, there
remains clear visibility of your order management system. With end-to-end order
visibility, customers can check if a product is in stock or get notified when it is not. It ensures
customer satisfaction and proper order fulfillment.
Warehousing Network
A 3PL provider can have an extensive network of warehouses nationwide to ensure
better serviceability. This means businesses can offer same/next-day delivery
services to their customers, deploy fast but low-cost ground shipping, and find
optimal delivery routes that boost the order fulfillment speed. If your business
needs warehousing services, it is imperative to choose the correct network under
the geographical locations.
Customer Communication
Throughout the entire order fulfillment process, a 3PL logistics provider keeps the
customer in the loop with order updates and notifications. They do it on demand, in
real-time. Through real-time order updates, the customers are informed about their
product journey, increasing the delivery success of the order. Efficient customer
communication provides an intimation of the entire order journey, reducing the
chance of RTO orders. Buyer communication also ensures a smoother NDR
redressal in case of non-delivery.
4. With nearly 2,000 sellers joining the Amazon marketplace each and every day,
you must always keep your finger on the pulse of your competitors’ business. You
need to understand exactly what your competitors are doing in order to get ahead:
how they’re pricing their products, where they’re sourcing from, what the quality of
their products is like, how they market their products, what’s in their listing content,
and so on.
Keep on reading to learn more about how to find, define, and analyze your
competitors on Amazon.
The easiest way to find your competition is to simply search for your product ideas
on Amazon. Start with a broad keyword and see what comes up in the search
results. The competition will be high for a broader term, but as you niche down
and get more specific, the number of your direct competitors will shrink — and
these remaining competitors are the ones you should focus on.
Let’s say we want to sell a coffee maker. As you probably know, there are many
different types of coffee machines in the market. You have traditional drip coffee
makers, pod coffee brewing machines, single-serve machines, espresso machines
— you get the idea.
For this example, we want to sell a single-serve coffee machine. To start, let’s
search for the broad term, “coffee maker,” and see what comes up.
Take note of the first 10 to 20 products on the first page, as these represent the
high-performing competitors you’ll want to monitor.
Track each product within a spreadsheet, or, to make it much easier, use
our Product Tracker tool. This tool organizes competitors by group, and compares
product ideas and sales metrics for you. With Product Tracker, you can track real-
time sales and observe key metrics of your competitor’s listings.
If you filter by “organic rank” in Keyword Scout, you’ll receive a list of keywords
that a specific ASIN is ranking highly for.
This is where you can identify potential weaknesses within your competitors’
listings. Do photos have poor image quality? Are listings missing specific product
information? Do products have a sub-par rating?
You can learn from what your competitors are doing in terms of listing
optimization and use this information to make your listing even better. Here are the
components of a listing to closely inspect in your audit:
Title
The title not only informs the customer of what your product is, but it also tells
Amazon’s A9 search engine what it is, and whether or not it is relevant to a buyer.
Take note of the keyword phrases your top competitors are using within the title.
Do you see anything you can add/remove to improve your product title? Are your
competitors missing important information your customer should know from the
start? These are some things to think about when creating a strong title for your
product.
Notice anything with the Hamilton Beach listing above? It’s missing the brew
volume in the title. In the Keurig listing, it clearly states that this machine brews 6
to 10 ounces of coffee. If I was a customer searching for a coffee maker, that
would be the type of information I’d like to know before clicking through to the
product page to consider making a purchase.
Images
Images are a huge selling point on Amazon. Since the customer cannot touch, feel,
or see a product in person before buying, you need to be sure you have the highest-
quality images and infographics possible for your listing.
Take a look at the search results below and examine each one of your competitor’s
main images. How can you make your main image stand out within the search
results?
Which one of the above listing images stands out the most to you? By adding a
yellow cup to the picture on the left, the seller created a point of visual interest,
making that coffee maker stand out from the rest of the products in the search
results.
See what others are doing and figure out ways you can make your listings even
more informative.
Skip the fluff and avoid filler words that are not useful to your customer. Keep
your information to the point, yet persuasive. The faster a customer can find the
information they’re looking for, the more likely they are to be compelled to
purchase your product.
Reviews
What are customers saying about your competitor’s products? What are their pain
points for those items? What do they like about their purchases?
Use your competitor’s reviews to spot weaknesses in their product and product
listing. For example, if a review mentions that the listing has incorrect or missing
information, you’ll know to include accurate and thorough product information in
your own listing.
How can your product help resolve the issues a customer is having with your
competitor’s product? This is a good opportunity to draw attention to the benefits
of buying your product, so make sure to include that information. Reviews are also
a great way to discover potential keywords that your type of customer uses.
Take a look at the underlined sentences in the review above. You can see that the
customer mentioned exactly what was wrong with the product. This is very useful
information as you can use it to assure your customers through your listing that
your product does not have these problems, and that your product is clearly the
better choice.
Another missed opportunity worth noting in the review above is the mention of
“bad customer service.” If this seller had provided good customer service, it could
have saved them from this negative review in the first place.
With that being said, you still need to make a profit. It is important to understand
the price history of a particular market to determine a product’s long-term
viability. If the price of the product you’re selling or are interested in selling
fluctuates frequently, it may not be a good market to get into.
Here is where Product Tracker can also help: it will monitor Buy Box prices to
track if your competitors sell a product at a consistent price point. With this
information, you’ll be able to avoid potential losses and stick to selling products
with prices that are stable enough for you to profit from.
Tracking your competitor’s sales will give you a good understanding of how much
inventory they’re moving and the potential profit they could be making. It also lets
you know whether or not this particular niche or market is healthy.
You don’t want to get into a market that is trending down or has low demand.
Tracking sales gives you more confidence in the product you decide to sell. The
last thing you want to do is launch a product that no one wants to buy.
Again, you can use our Product Tracker tool to track the average sales, revenue,
and Best Seller Rank of a product or group of products over time. These extremely
valuable insights allow you to make more informed decisions for your Amazon
business.
How your products and your competitor’s products are branded and marketed can
be the key factors in a customer’s decision to purchase. This comes down to the
tone of the listing copy, the product images, packaging design, A+ content, and
how the brand communicates with its customers.
You should also take a look into their off-Amazon marketing efforts such as their
social media presence. Social media has a huge impact on ecommerce and brand
awareness. In fact, over half of consumers have purchased something they first
heard about on social media.
All of these questions can help you better understand your competition and the
consumers in your market.
Do you have more questions about analyzing your competitors on Amazon? Let us
know in the comments!
For those in the business of trying to drive organic traffic, Google is the
all-powerful. It crawls the web, determining which pages are the most
useful and relevant for its users for virtually any topic. We don’t just trust
Google’s results, we rely on them.
In this post I’m going to cover several tangible actions you can take to
help your business rise to the top of the first page, using two free
strategies: website optimization and listing optimization. I will first cover
the importance of the first page of Google and then get into the tactics,
which include:
Adding keywords to specific places on your website
Creating content for humans, not Google
Emphasizing location
Regularly updating and maintaining your Google listing
And many more
It’s abundantly clear that the first page of Google is a worthwhile (if not
essential) goal for any business, but let’s first go over its specific benefits,
as this can help you prioritize within your business’s strategy.
It’s a known fact that the first page of Google captures the majority of
traffic, but did you know that there are significant differences in click-
through rates for the top vs bottom results? One study shows the following
click-through rates by Google position:
• First result: 36.4% clickthrough rate
• Second result: 12.5% clickthrough rate
• Third result: 9.5% clickthrough rate
CTR continues to decline, down to 2.2% for the 10th result (there are
usually 10 organic results max per page, even less now with local results,
ads, answer boxes, and other new features. If you’re not at the top
of Google search results, you are missing out on a lot of clicks.
Top results for Google searches now also populate “Position Zero” answer
boxes, otherwise known as featured snippets:
Another study found that the top result on Google captures 33% of search
traffic. The closer to the top you can get your website to appear on Google,
the better your search presence and brand authority.
How strong is your SEO and online presence? Find out in 90 seconds
with our free website grader!
Let’s say you have a brick-and-mortar location. If you had the choice
between putting your business on the main road that goes through town or
a quiet side street, which one would you choose? The main road, of
course.
With 167 billion searches per month, getting on the first page of Google is
like planting your business on the busiest road in town. The more people
that see your website, the greater your brand awareness. The more familiar
consumers are with your brand, the more receptive they will be to
conversion activities.
Now what if you had to choose between the main street of a diverse town
or a town of ideal customers? There are as many Google first pages
as search queries out there. Your goal is to get on the first page for queries
that your ideal customers are performing. By doing so, you get discovered
by consumers that are searching online with the intent to buy or engage.
These people are the most likely to convert into leads and customers for
your business.
3. Increase engagement
Snippets and answer boxes can only provide so much information. While a
search engine results page itself can sometimes supply all the information
a person needs, there are still a number of queries for which people will
inevitably click through to a website. Don’t forget that it often takes
several engagements with a business before a person converts into a
customer, so interactions with your website are important.
Not only does being on the first page of Google drastically increase traffic
to your website; not being on the first page of Google has a huge
disadvantage. In fact, the first page of Google captures at least 71% of web
traffic (some sources say up to 92%), and the second page is far from a
close second: It drops to 6% of website clicks. This steep decline in web
traffic is an indicator of just how important the first page of Google is.
5. Earn trust
How many different ways can you get on the first page of
Google for free?
Getting on the first page of Google is not only a common goal among
small business owners, but also a very feasible one. Google is not focused
on quantity, but quality. As a result, a larger company or bigger budget
does not equate to top rank. There are several factors behind Google’s
algorithm and, thanks to the fact that Google’s results page has many
different components, there are also different types of media that can
achieve first-page status. They include:
• Blog posts and website pages (in organic results)
• Your Google My Business account (in the local/maps section)
First, determine which search queries you want Google to answer with
your website pages. These are known as keywords—which, by the way,
can be single words OR phrases.
Examples of keywords include:
Use our Free Keyword Tool to find high-volume keywords for your niche.
Google works by crawling the web, ranking the millions of pages that
exist, and storing them in an index. When a user performs a search,
Google can then scan through its more organized index (rather than the
whole web) to quickly come up with relevant results.
In addition to telling Google what your page is about, the meta description
quickly tells a searcher what they can expect if they click on your page,
increasing the relevant clicks to that page. Therefore the meta description
helps Google to put your business on the right first page for the right
searches and helps Google searchers to keep it there.
URL
Your URL consists of your domain name (such as wordstream.com),
followed by a forward slash, followed by text separated by dashes.
Including keywords in your URL will help Google more quickly identify
what your page is about. Also, the URL appears in between the title and
meta description in search results. A clean URL that matches the title of
the page is more appealing and trustworthy to users, and better suited for
first-page appearances.
Alt tags
Google can only see images if the image has a text alternative (aka alt tag).
If your alt tag includes keywords, Google can detect further relevancy of
that page and feel more comfortable putting you on its first page of search
results.
Of course, the body of your page’s content is the most important place to
include the keywords for which you’re trying to rank. However, it is
crucial that these keywords are not systematically and excessively inserted
but naturally incorporated. In fact, Google can now detect keyword
stuffing and if it does it will place you far, far from the first page of its
results.
The key to getting on the first page of Google is providing useful,
trustworthy, easy-to-read, but informative content that will keep your
target audience on your pages and coming back for more. And
conversationally sharing the knowledge already in your head is both free
and easy. Just remember that if you want to rank on the first page of
Google for a particular keyword search, your page needs to provide the
information, and not just the keywords, that users are trying to obtain
when they type that search into Google.
4. Emphasize location
Another free way to get your website pages on the first page of Google is
to target location-based queries. Make sure your website clearly indicates
your city and/or geographic area, via your contact page and potentially
also through blog posts and services pages. That way, when people search:
“your industry” + ”your city”, Google will pick up that information
and show your business as a “near me” search result.
Even if a user does not search using a specific location, Google will still
serve up geographically relevant results based on their IP address, so local
SEO is not only free, but always important (even during a pandemic).
You will not find a website at the top of a Google search that is not
responsive. Consumers now use phones and tablets more than computers
and laptops, and the majority of local searches are performed on mobile
devices. As a result, Google favors mobile-friendly websites. In fact, all
sites are now indexed by mobile-first indexing.
Responsive is ideal, as your website will adapt to any size screen and
maintain functionality. However, if you don’t have a responsive website,
there are adjustments you can make to your site to ensure the most
seamless experience for a mobile user.
6. Focus on user experience
Google searchers love to see what other people think about a business, so it’s no
surprise that the businesses with more positive Google reviews show up on the first
page. Ask customers in person and create a review shortcut link so you can easily
encourage reviews across your online channels. While this technically falls under
the list of Google My Business optimizations, don’t forget that there are plenty
other review sites—all of which have an impact on your ranking.
Reviews can land you in the “Local Pack” which shows up at the top of Google’s
SERP.
You can use this free business listings grader from LocaliQ to see how your
Google Business Profile and other important listings look online.
1. Create a keyword strategy to target terms your target customers are searching.
2. Incorporate the keywords into your website content as well as HTML tags.
3. Write for humans (not search engines).
4. Target location-based searches.
5. Optimize for mobile.
6. Focus on user experience.
7. Create a Google My Business account.
8. Optimize your Business Profile.
9. Obtain customer reviews.
10.10.List your business on directories.