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
Today’s companies must be agile, responsive, and resilient. So why are they spending years upgrading their ERP systems?
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?
Supply chain solutions promise great results: N% times less out-of-stock, X% less inventory, Y% more service, Z% less stress. What do these figures actually mean for your company?
In the Demand Driven model, we use simple red/green/yellow color codes to monitor the health of our supply chain flows and inventories. So is the goal to get more green?
Safety stock may help prevent shortages. But overbuying inventory risks wasting your company’s capacities and materials.
To improve your supply chain, you have to start by visualizing its component work processes. Process mining can help.
Learn how the lubricant manufacturer decreased their finished goods stock by 8% while sales grew by 13%.
There are many ways to calculate the optimal production batch size. Which is best? Demand Driven expert Aleksandr Nechaevskiy discusses how to balance business assets with current market needs.
If a supply chain transformation project reduces inventory by X%, how much money will it save? To answer the question, we must first understand our inventory carrying costs. Here’s how.
