Remove services testing safety-testing
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Driving An Octopus

Supply Chain Shaman

A Focus on Safety Stock Is Too Narrow for Effective Inventory Management. My inbox is full of articles on probabilistic planning to improve safety stock. A manufacturing company’s safety stock is 30-40% of the total inventory requirement. The testing showed great promise, but o9 stopped the testing at the end of 2022.

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This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

Amazon also expanded its same-day delivery service, adding nine new dedicated sites and serving 18 additional U.S. Teradyne , a supplier of semiconductor testing equipment, pulled manufacturing worth about $1 billion out of China last year, a Teradyne spokesperson said on Monday, after U.S.

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Just Jump

Supply Chain Shaman

If I had a magic wand, I would redesign work to transform the planners to become data orchestrators with supply chain planning becoming self-service by business leaders. Only 15% of inventories are safety stock. In my forty years of studying supply chain planning, the groups became larger, but with questionable results. The So What?

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Driver Shortage, Driverless Vehicles, and Other Supply Chain Curiosities

Logistics Viewpoints

Throw in regulations regarding medical testing, licensing qualifications and safety enforcement, and it’s not difficult to see – something’s got to give. But the industry is watching as the technology opens new opportunities for safety, savings and speed long-haul, raising curiosity on the strength of a compelling business case.

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Baltimore Bridge Collapse: An Opportunity to Reinforce the Importance of Supply Chain Resilience

Logistics Viewpoints

Supply chain resilience is crucial for ensuring the continuity of business operations, the delivery of essential goods and services, and the protection of public safety and national security. The port closure also affects the social and environmental aspects of supply chains, such as employment, safety, health, and sustainability.

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When We Don’t Have Answers, We Need to Work Quickly To Build Them

Supply Chain Shaman

Amazingly, as by some fate, the remedy usually matches what the technology or services company is selling. I remember well when we got to the safety stock calculation asking him how we updated the optimization engine for network variability. The goal is to define and test process canonicals. And, voila! This is not sufficient.

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Please Do Not AI This

Supply Chain Shaman

My advice is based on the last year of testing new concepts for supply chain planning, quantitative research, and working with business leaders. The second lie is that supply chain excellence is achieved by trading off cost, customer service, and inventory. I do not want this letter to come off as pedantic or a knee-jerk reaction.