Do you know how minimum orders, minimum production releases, and transfer batches affect your distribution network? As a supply chain professional, it’s essential to understand the impact of lot sizes on your inventory, lead times, and ability to deliver to your customers. In this article, we’ll explore how to visualize the impact and adapt to … Read more
We know that the future is uncertain. Actual demand will differ from forecasts. Supplies and production will be subject to uncertainty. Therefore, projecting inventory carries significant uncertainty – as we described in this article, projected inventory is an illusion. In today’s uncertain business environment, projecting inventory is a challenging task. While Enterprise Resource Planning (ERP) … Read more
There is sometimes confusion when we talk about pull flow. When it comes to pull flow, there is often confusion with just-in-time supply chain management. In this article, we’ll define pull flow and just-in-time and explain the difference between the two. We’ll also discuss the importance of implementing buffers in a pull flow model to … Read more
The Importance of Data Science and Business Intelligence in Supply Chain Management Data science and business intelligence are key to managing the supply chain. These gimmicks are all around us in this environment. But the reality in companies is far from being as convincing as the introduction of technologies would have us believe. Effective supply … Read more
Do you know the Gartner Hype Cycle? The Gartner Hype Cycle is a widely recognized concept that describes the panorama of technology and IT innovations in a field. It takes into account the hype generated by these technologies and their effectiveness and results for companies that adopt them. This curve, quite similar to the Kubler-Ross … Read more
Decouple ERP, Best of Breed and Low Code Digitizing the management of the supply chain is on the agenda of companies. By which end to take the subject, which functional domains to focus on, and which technologies to use, everything gets complicated when trying to start the process. There is a plethora of solutions on … Read more
We sometimes arrive at Supply Chain jobs in a roundabout way. Initial training in Supply Chain has developed over the last few years, but very often the actors of the supply chain teams – planners, managers, or directors – have different initial training. In these teams, we find defectors from production, purchasing, foreign language specialists, … Read more
This is often the promise of APS systems: to take into account constraints – capacity, material supply, grouping campaigns, and optimizing costs. AUTOMATICALLY! Depending on the capacity and shift pattern of each piece of equipment, depending on the day we should receive that bloody critical missing component, we determine how we will be able to … Read more
Today’s companies must adapt to changing market demand. But what’s the best way to calculate it?
Even if you don’t know anything about a company or its products, you can understand a lot of things by examining an analytical graph of stock history for an item or family of items — and find ways to improve.
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?
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
