Month: September 2021

Supply chain leaders have dealt with disruption since well before the pandemic. Strategies for addressing VUCA—an acronym that stands for volatility, uncertainty, complexity, and ambiguity—have circulated in business management journals for the better part of a decade. Industry watchers have warned about dangers that range from natural disasters to trade disputes.  And then, in 2020, the Covid-19 pandemic gave … Read more

projected inventory - man in hard hat and warehouse

When you learn the principles of MRP, you use a view like the one below. Periods   1 2 3 4 5 6 Forecast   40 50 40 40 70 20 Registered orders   80 45 30 50 50 5 Requirements   80 45 40 50 70 20 Projected Inventory 50 170 125 85 35 … Read more

intuitive supply chain: brain

What happens in our brain when we exercise our intuition?  A French scientific magazine recently devoted a fascinating dossier to intuition (Science & Vie, August 2021 ). It appears in particular that intuition is the automatic implementation by our brain of knowledge accumulated in our long-term memory. Far from being a random and therefore unreliable process, … Read more

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