Struggling with Multi-Echelon Inventory Adoption

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.

Using Coefficient of Variation as a Guide for Safety Stocks

In one of my previous posts, I wrote about using coefficient of variation (CV) as a predictor of forecastability. In this post, I will talk about how it can be used to indicate a sensitivity of lead time towards the safety stock calculations. To quickly remind the reader first: The formula for CV = StdDev

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