“This is the way we’ve always done it.”
This is the way we’ve always done it. We hear it all the time. It’s often given as the most dangerous sentence in all the
This is the way we’ve always done it. We hear it all the time. It’s often given as the most dangerous sentence in all the
This is a common discussion for me. People are convinced that safety stock will help them to achieve inventory management goals. But when I ask
The Demand Driven MRP methodology begins with Positioning. Inventory Positioning specifically. What is so special about positioning? It is the key to solving one of
I came across an interesting discussion the other day. The initial question? Who in an organization is responsible for resource planning and scheduling? The responses
Because, by design, the execution is left up to individual participants. And, by design, those changes are not connected to the other players or back up to the customer due date.
And since I imagine none of you would be happy without a gas gauge, then I ask you, “Why do you think Safety Stock is sufficient to manage millions of dollars’ worth of inventory?”
the more steps you have, the less likely your calculations will be completely predictable.
If you’re frustrated and unable to see the path forward, it starts with inventory management and fixing the inadequate systems you’ve been forced to work with. Once you see the solution that I’ll present to you, you will never be able to “unsee” it.
Your goal is to maximize the money kept in the Saving’s account. And therefore, minimize the money in your Checking account. But don’t let the checking balance drop below zero.
Forecast Accuracy has been a topic of discussion for decades. Just from my own time in supply chain (20 plus years), it’s always been front
On a recent trip, I tried to remain cashless. No need to exchange money. Just use credit cards everywhere. I even used my phone “wallet”
Forecast Accuracy has been a topic of discussion for decades. Just from my own time in Supply chain (20 plus years), it’s always been front
The most common situation in business. Sales: “We ran out of inventory. You need to keep enough on hand so we can sell.” Purchasing: “We
The biggest lie we have ever been told: It’s not that simple. Why do we in Supply Chain accept the chaos? We complain about it,
All of us are limited by what we can imagine. And that is often influenced by what we have seen or how we have worked
Let’s think about travel. It’s a great analogy for our supply chain challenges. You know where the event is going to be, but not when.
traditional planning tools are A) Not designed to do that and B) Designed Not to do that. No wonder they fail.
Inventory Positioning and the resulting Inventory Availability can prevent the negative impacts of many issues.
