Transportation Insight Showcases Extended LEAN™ At SNAXPO
HICKORY, N.C., March 15, 2013 /PRNewswire/ -- Transportation Insight, a leading global third-party logistics (3PL) provider, will introduce the Extended LEAN methodology for improving profitability for snack food companies at SNAXPO in Tampa, Florida March 16-19, 2013. The nationally-recognized 3PL designs LEAN end-to-end supply chain solutions to help snack food companies reduce logistics costs as a percentage of sales and get their crackers, chips and pretzels on store shelves faster. Transportation Insight supports a wide range of companies from publically-traded snack food giants to smaller privately-held ingredient companies. Overall, Transportation Insight's snack food clients represent more than 25% market share of the snack food industry.
"In no other industry does the combination of streamlining processes and controlling freight costs bear more importance than in the snack food industry," says Transportation Insight Founder and Chairman Paul Thompson. "Our experienced snack food logistics professionals help several major manufacturers and distributors by examining their entire supply chains, upstream and downstream, to find areas where they can improve cost, save time, and ultimately, enhance their service to bring real value."Transportation Insight's innovative approach of looking at companies' extended supply chains — Extended LEAN — allows clients in the snack food industry to improve the overall value of their organizations by tackling the hidden wastes throughout the supply chain. Eric Lail, Vice President of Continuous Improvement at Transportation Insight, is a Shingo Prize Examiner and an expert on Extended LEAN. "Most companies today are looking at the value stream within their four walls," says Lail. "While we continue to see huge gains from those efforts, the reality is that portion of the value stream is typically a very small piece of their total supply chain. Extended LEAN looks at the entire value stream from originating supplier through manufacturing and distribution to the end consumer. Ultimately, linking supply chain value streams from multiple customers creates industry-wide value networks, which is where true competitive advantage by participants is realized."
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts