Logistics Viewpoints
FEBRUARY 3, 2022
Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Is supply chain inventory the problem?
Logistics Viewpoints
FEBRUARY 16, 2021
And the impact doesn’t stop there, since trade-off decisions will be required to answer questions like which customer is most important to satisfy with the limited bolts in inventory and if production capacity should be reallocated. Analytics inform decisions. Agility to act on transparency.
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Logistics Viewpoints
MAY 19, 2022
Malcolm McLean, a trucker from North Carolina, was tired of waiting. Analytical techniques like linear programming can create the mathematically “optimal” plan, but these methods must be implemented well to avoid creating other challenges. The myth of the “perfect plan”. Now that’s an ROI!
Logistics Viewpoints
OCTOBER 19, 2023
The issue wasn’t poor planning – they had the inventory. Multiple calls only muddied the waters, but a few things became clear: inventory was in the warehouse, but my order for it was stuck. The combinatorial factors disrupting supply chains persist, but in this case the problem was completely preventable.
Logistics Viewpoints
AUGUST 5, 2021
Technicolor, which makes high tech equipment for the connected home, found their sales team drove the business but created havoc by entering new requirements or cancelling them too late for operations to keep up, so inventories grew. Reducing inventory saves money but also reduces waste, because obsolete inventory becomes another problem.
Logistics Viewpoints
MAY 25, 2023
Supply chains are rife with uncertainty and silos, but instead of producing useless forecasts or buffering with inventory , we can also adopt best practices like concurrent planning. What I do know best is that guiding a supply chain in the age of AI requires three leadership skills, all of which are uniquely human.
Logistics Viewpoints
MAY 11, 2021
For exactly this reason, when biopharmaceutical company Ipsen did a skills inventory of their supply chain talent , they carefully benchmarked needs against a more digital point five years ahead. Students who are digital natives won’t be satisfied growing in a legacy place – they want to build a path into an ever more digital future.
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