Why Lead Time Matters More Than Forecast Accuracy
When lead times change, it can have dramatic effects on inventory levels. So why don’t most companies evaluate lead time accuracy in their KPIs?
Month: February 2023
Use Little’s Law and Finish What You Start!
When I was a kid, my parents used to tell me: Finish what you start before you move on! It’s a simple piece of advice that is still relevant today and yet is largely underrated in the industry. The translation into a production environment is simple: When you start working on a production order, bring … Read more
Upgrading Your ERP? Read This First.
Today’s companies must be agile, responsive, and resilient. So why are they spending years upgrading their ERP systems?
Signal Distortion and End-of-Period Syndrome
Demand doesn’t usually change just because you’ve reached the end of your quarter or fiscal year. So why pull out all the stops to ship as much as possible?
