50 Smartest Companies of the Year 2016

Promote Healthy, predictable Supply Chains with LynnCo’s Technology Driven Solutions

“Innovation distinguishes between a leader and a follower.” – Steve Jobs

Business involves more than just the manufacturer and its end customer. It includes the supplier’s supplier, transportation, warehouses in between for storage, the manufacturer, the assembly lines, the retailer, the customer
and in some cases the customer’s
customer. The supply chain is evolving and becoming more complex. The idea of applying management principles has led to the concept of supply chain management (SCM); however the trend of incorporating technology solutions into this grand scheme of events was first thought and implemented by the founder of LynnCo Supply Chain Solutions, Lynn Fritz. LynnCo is an applied technology company that provides solutions through engineering and optimization of complex supply chains. With a vision to look at SCM on a much grander scale, the company was founded in the year 1991, and SCM has not been the same since.

Supply Chain Management at its best

Supply chain consulting – LynnCo offers engineered strategies that are customized to fit the unique needs of business, addressing problems at their core. Consultative solutions are always in place which enables you to have greater
control over internal processes while increasing overall efficiency and savings. No matter how big the obstacles, LynnCo innovates a solution. Its solutions include:Supply Chain Assessment and Strategy, Network Design and Engineering, Logistics Management Solutions and more.

Supply chain performance – enhancing the performance of supply chain and lowering costs are few of the many factors LynnCo tirelessly pursues and achieves. Collaborative technology and concierge-style service enables you to understand the complexity of logistics. Centralized control and maximized visibility is provided so you can monitor supplier performance, anticipate shipping problems, and quickly make adjustments, which ensure supply chain operations run as efficiently
as possible.

Supply chain optimization – LynnCo’s proprietary optimization engine and analytics platform
helps translate relevant data into business intelligence making it easy to see and improve business activities that impact supply chain performance and cost. Supply chain is optimized every day, with every order and shipment. The company’s technology easily connects orders, shipments, and freight invoices for complete supply chain visibility from start to finish. Supply chain dashboards and metrics are deployed offering continuous optimization and allowing customers to quickly adapt to unplanned events resulting in a more predictable supply chain.

Supplier accountability – The system of advanced shipment notifications, fulfillment validations, and purchase order integrity checks puts you in a state of total awareness of the current status of raw materials. LynnCo’s Supplier Accountability solution provides the knowledge and visibility needed to proactively manage suppliers and eradicates inventory levels typically used to protect against production disruptions.

Supply chain technology – LynnCo’s proprietary supply chain technology platform turns data into information and information into performance enhancing decisions. It’s comprehensive SuiteEdgeTM technology provides centralized control of supply chain while capturing every detail needed to easily make informed, cost-saving decisions. SuiteEdgeTM gives
consistent and timely information making it your trusted supply chain advisor for daily and long-term supply chain management.
It is all about customers anyway!
A $500 million leading manufacturing company for cutting tools that has been in business for over 180 years and maintains a million square feet of manufacturing space worldwide was guided and governed by a central corporate office. But, five US locations and two Canada locations handled operations autonomously, resulting in a fragmented perspective of a holistic supply chain program. Additionally, different corporate cultures operated within each location and each location serving a different market, customer, and need. Further created challenges in achieving supply chain efficiency. To stay competitive, the company needed to make significant changes to improve its overall operational efficiency. And, those changes needed to be received and implemented effectively across all locations.

What Lynnco did within 12 months

  • Implemented a supply chain management program to drive compliance and results
  • Aligned employee incentives with supply chain objectives
  • Improved order- consolidation processing
  • Moved from line-item shipping to day-of-week shipping
  • Consolidated the distribution network
  • Optimized the transportation network and service
  • Instituted a supplier compliance program
  • Provided supply chain visibility and intelligence via SuiteEdgeTM, LynnCo’s proprietary web-based system

The Proven Results

  • Savings as a Percent of Overall Logistics Expense: 10.4%
  • Freight Savings: 21%
  • Order Fill Rate Improvement: 55% to 85%
  • Supplier Compliance Improvement: 67% to 93%
  • On Time Delivery Improvement: 76% to 95%

Meet the Executive Duo

Lynn Fritz, Founder – A visionary in the global logistics industry, Lynn Fritz was the Chairman and CEO of Fritz Companies until May 2001 when it was acquired by UPS. He was the first to use technology solutions to support a nationwide network of offices that provided complete supply chain and logistics services, bringing method and consolidation to a fragmented industry. Under his stewardship, Fritz Companies was transformed from a small domestic documentation company to a global organization of 10,000 employees in 120 countries. Fritz received his B.A. from Georgetown University and a J.D. from Lincoln University School of Law. In recognition of his outstanding leadership and community service, he was honored with a Doctor of Laws degree by Pepperdine University in 1995 and from Drexel University in 2004.

Dr. Anisya Fritz, CEO – Dr. Fritz, co-founded LynnCo Supply Chain Solutions with Lynn Fritz in the year 2000. Her creative vision has paved the road for LynnCo’s transition from a small-town freight brokerage firm to an honored and reputable global supply chain services provider. A respected scholar, Dr. Fritz is the author of numerous articles on the global system of humanitarian relief, competitive strategy and international entrepreneurship. Her work has been published in leading journals such as Harvard Business Review, Strategic Management Journal, Georgetown Journal of International Affairs and the Journal of International Business Studies. She has a B.A. from Loyola College in Maryland and an M.S. and Ph.D. in Management from Virginia Tech.

“From supplier and transportation management to financial reporting and operating best-practices, we create a predictable supply chain that no one else can achieve.” -Wendy A. Buxton, President, LynnCo