The Answer to Minimizing Risk and Running Out

The Answer to Minimizing Risk and Running Out

As you already know, the pandemic has caused a major supply chain disruption. This has caused major backlogs and shortages that not only affect the consumer but manufacturers as prices rise and products cannot be made and delivered. This Wall Street Journal video...
Introduction to Inventory Buffering

Introduction to Inventory Buffering

In a previous blog, we introduced a few alternatives to forecasting, which is based on predicting trends that are compiled on information gathered by past behavior and daily customer input and is risky at best. In the article we briefly introduced the Buffering System...
Are You Experiencing Uncertainty and Chaos?

Are You Experiencing Uncertainty and Chaos?

Uncertainty and chaos: two words that are every manufacturer’s nightmare. Any manufacturer that requires hundreds to thousands of raw materials to make their product understands the consequences of running out of just one of those raw materials. The automotive...
What Direction Do You Take in a Crisis?

What Direction Do You Take in a Crisis?

Any company that relies on tangible materials of any kind has been affected by the current supply chain crisis.  Manufacturers and distributors have been forced to painfully deal with the immediate consequences of not being able to replenish inventory. The shortages...
Manufacturers Taking Closer Look at Mexican Suppliers

Manufacturers Taking Closer Look at Mexican Suppliers

According to recent reports, suppliers in Mexico are receiving a significantly higher number of procurement bid requests from American manufacturers. In 2021, Mexican-based suppliers received six times as many requests for bids by large American manufacturers for...