When launching an inventory reduction program, success is contingent on keeping the Supply Chain Triangle in balance. However, keeping Cash, Cost and Service in balance may prove difficult for a traditional supply chain organization whether the business is a success or if it is struggling. Please read more to learn how to deal with pressure within the Supply Chain Triangle.
The benefits of a multi-echelon approach to inventory are always convincing. So then why is multi-echelon inventory adaption so slow to catch-on? Dr. Bram Desmet explores single-echelon vs. multi-echelon inventory approaches, and some of the reasons behind the slow rate of multi-echelon inventory adoption.
Have you just started a customer-product segmentation project? Sales is king, but you need to define a strategy and carefully plan which customers and products to grow, and which opportunities are the right ones to seize. Read this post from Bram for many useful ideas.
Arkieva welcomes back Ryan Dodd, our very own Prodigal Son.
Looking for the characteristics of an excellent supply chain? Look no further. Many colleagues have provided their input on the topic. Also look for the first part of this post from a few weeks ago.
The traditional approach of doing a software technology project has been to do blueprinting, followed by software selection and then implementation. In this post, Bram argues that it is time to shake things up and do it differently.
Renaud Perray of Cardone Industries was recently recognized as the Supply Chain Pro to Know by the Supply and Demand Chain Executive Magazine. We extend our congratulations to Renaud and his team via this blog post.
Supply Chain Planning deals with the future and therefore uncertainty with economy. As a result, the planners sometimes have to question other people’s assumptions. Whether for this or some other reason, they do not get credit that is due to them for the great job they do. Eric Wilson from Tempur Sealy gives them the due credit and then some and calls them the super heroes of business. We agree!
Are you a current supply chain planner? Or are you fixing to become one? Have you wondered what makes someone a good supply chain planner? In this post, I have compiled 5 principles for supply chain planners to follow.
Have you ever wondered whether you should forecast: Bottom-up? Top-down? Middle-Out? It turns many in the demand planning profession do. Read along to see why you can do all of that and more with attribute based demand planning.