The Eastern European/Central Asian market has a number of unique qualities. Out here, the success of Western companies seems so distant from our reality that it is simply not perceived as an argument in favor of change. Western markets are more mature, according to this line of thought, and therefore more stable, predictable, and easy … Read more
The events of the last two years have tested companies’ strength. Digitalization, the effects of the pandemic, and the reversal of market trends are rapidly transforming economic stability. The realities of modern business do not leave a chance for those who are slow to respond to the changes that are taking place. Prolonged reflection on … Read more
This case study was written by the Demand Driven Institute. Most often, inventory management methods are dictated by the principles of the IT system a company uses. Typically, this is the MRP, which became widespread in the 1980s. Most MRPs today are outdated, as they have not changed much since their inception. Since 2012, the … Read more
Effective inventory and process management are crucial for companies whose product ranges rotate frequently. Here’s how one home appliance manufacturer streamlined their processes.
Automated inventory management solutions have become a must-have for manufacturers in an era of rising instability. Here’s why.
Supply chain resilience is an imperative in a VUCA world. The tremors of recent years, from Brexit and Covid to the war in Ukraine, have prompted many companies and governments to realize how fragile supply chains can be. In the western press these last months, there is talk of reshoring, reindustrialization, and shortening our supply … Read more
Our clients across the globe have claimed that average lead time from their overseas suppliers increased by 30% and order fulfillment rate decreased by 6% compared to 2019.
To size our stocks and replenish our products, we need to use a demand assumption. In a Demand Driven approach, the supply chain is scheduled based on real consumption, but for consumption to occur, it must have been initiated by available products, supplied based on a demand hypothesis.
The old-fashioned S&OP is a laborious and sequential process. The end of the month has just been closed. We know the sales, after aggregating inputs from all countries. We compare actual sales with forecasts, we generate statistical forecasts for the coming months, and we start the process of collaboration with the different marketing and sales … Read more
The concept of the supply chain control tower has become very popular. But what exactly does it mean? Magic keywords abound in this field: Digitalization, advanced analytics, end-to-end, big data, collaborative, real-time, etc. All this sounds attractive, but what is the reality behind the gimmicks? What is a supply chain control tower and what does … Read more
Competition is more intense than ever. Companies closely monitor consumers and track the actions of their rivals. New products are rapidly copied and replicated. Companies must maintain a compelling and thoughtfully priced product range, but they will have difficulty standing out in the market without excellent service levels. In fact, research suggests that 80% of … Read more
The bullwhip effect is one of the common problems of supply chains, affecting manufacturers, distributors, and retailers alike. The cause of the bullwhip effect is difficult to recognize in a large, rapidly growing company. Pay attention to the symptoms. Some of the most common are raw materials, finished products, stock outs, and over stocks. Such … Read more
