Inventory Drivers
• Supply Chain Organization: Is there an integrated approach to the supply chain and inventory decisions, or do you have functional silos? […]
Category: Supply Chain
Five Frogs
Five Frogs are sitting on a log. Four decide to hop off. How many frogs are left?* It doesn’t take much for […]
Demand Segmentation
Traditional Product Quantity (PQ) or ABC analysis fails to recognize that high volume may not be predictable and that low volume can […]
Muda in the Warehouse
Although created in the manufacturing environment of Toyota by Taiichi Ohno, the Seven Wastes can be found almost everywhere, if you learn […]
50 things to free up warehouse space
Business is growing and running out of space in the warehouse. What to do before moving to a new facility or pouring […]
Bow Wave
Keeping due dates straight in an MRP environment is a fundamental prerequisite. Plot a time series for the number of work orders, […]
Supply Shortage
What to do when there’s an industry-wide shortage? Long Tern Agreements & relationship intimacy (get in bed) Prepay for process capacity, schedule […]
Month-end Madness
Do you have a “hockey stick”, where most of your bookings occur right at the end of the month, quarter, year? If […]
Safety Stock Calculation
When I first learned inventory planning the safety stock calculation math was rather simple. On top of the cycle stock (expected demand […]
Demand Segmentation Definition
A graphical representation of the sales/consumption volume of products vs. demand variability. High volume low demand variability products are treated differently than […]
Kanban Calculation
“That’s not the formula I use” was the start of the debate. So looking at a few reference books and searching the […]