What Does Your Pantry Have in Common with Inventory Management?
Unlike a fine wine, inventory does not get better with age. Learn more about the importance of balancing inventory levels with related costs.
How to Mitigate the Bullwhip Effect in Today’s Market
One flick of the wrist triggers a wave of disruption that grows the deeper it penetrates the supply chain. This blog explains the bullwhip effect, how the pandemic exacerbated it and tips on how to mitigate the effect.
Five Steps to Develop an Effective S&OP Process – Step 4: Balance Supply and Demand
Over the past 5 weeks, Jeff Ondria has hosted a set of short interviews on LinkedIn about the five distinct steps to develop an effective S&OP process. In today's blog, we discuss step 4 Balancing Supply & Demand where we will answer some key questions with respect to balancing supply and demand.
CPE Planning Level, IBP, Elixirs, and the Ongoing Challenge
In SCM there is an ongoing flow of elixirs (magic potion) from ‘false prophets’ claiming that they are an easy path to improved performance. A recent elixir is IBP followed by “doing central planning at the family level” to neutralize the uncertainty associated with estimating demand at the product level. This blog will illustrate the challenge in this effort since factories produce products, not families.