There is little room for supply chain surprises. Much like getting the candy mix right for trick-or-treaters, we must ensure products arrive on time.
In the dynamic supply chain management landscape, one of the most challenging aspects is dealing with the differences between our forecasts and reality.
This blog continues the safety stock discussion between Kate and Jane as they evaluate historical sales and lead time data.
While working with various optimization models, I often encountered situations where the supply chain optimization model would make decisions to produce items even when there was no demand. This blog discusses different scenarios that led to the optimization models producing and storing excess inventory.
Prior to Covid-19, a lean, just-in-time global supply chain model was ideal. Fast-forward and you may be wondering - how did the JIT supply chain model fare?
This blog continues the discussion between Kate and Jane as it relates to the unit of measure as the input demand.
The adoption of machine learning and artificial intelligence is on the rise, but not at the pace of other transformations. Here are a few reasons why.
This blog continues the discussion with Kate and Jane and covers variance and cycle service level.
This blog continues Jane and Kate's discussion on safety stocks through the lens of histograms.
Are you ready to move beyond S&OP to integrated business planning? This blog covers key considerations for implementing IBP.