How to Calculate Safety Stock and Evaluate Different Methods
Uncertainty and volatility have been around for decades. There are several methods of leveraging safety stock in the supply chain to mitigate risk.
Uncertainty and volatility have been around for decades. There are several methods of leveraging safety stock in the supply chain to mitigate risk.
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.
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?
Predicting the future is difficult, yet forecasting remains a critical tool for businesses to plan and prepare for what lies ahead.
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.
Learn common factors that hold companies back from implementing supply chain planning software - according to ChatGPT and our experts.
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.