The State of Just-in-time Supply Chains
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?
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.
Learn common factors that hold companies back from implementing supply chain planning software - according to ChatGPT and our experts.
This blog discusses the importance of adjusting and refining safety stock approaches to balance inventory.
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.
Creating a robust scheduling process that adheres to the overall S&OP plan is essential to reducing inventory costs and excess waste. In this week’s, Supply Chain Talk, Arkieva CEO Harpal Singh, outlines four effective strategies for creating a robust scheduling process.
Your demand planning process is complete and demand statement is created; excellent, but the sales and operation planning journey is far from complete – the next critical step is matching or balancing assets (capacity, materials, people and projected supply of finished goods) with demand to answer three questions that are part of being a responsive