Blog: Supply Chain Reaction
A Closer Look at the Just-In-Time Inventory Management Strategy
Thanks to the current supply chain crisis, it’s never been more difficult to determine the right inventory management solution for your business, especially if you are a manufacturer or a distributor. Maintaining just the right level of supply availability is critical...
A Simple Explanation of the Complex Supply Chain
Due to the fact that supply chains have multiple moving parts and layers, it’s very difficult to point the finger at one problem when trying to solve the current product availability crisis. A good place to start is to understand that there are two main players that...
How to Correct ERP’s Biggest Flaw Part III: Obsolete Inventory
All companies that hold inventory are subject to obsolescence. It can be that the product exceeds its shelf life or that another product becomes preferred (expired market life). However, practically speaking, obsolescence usually occurs due to the loss of a customer...
How to Correct ERP’s Biggest Flaw Part II: An Example Comparing Buffers vs Forecast Systems
In Part I of this blog series, we introduced you to an alternative to conventional ERP forecasting systems. In Part II, let’s examine how forecasting holds the inventory of a product versus Shippers Solutions’ suggested strategy. Let’s say on average a...
How to Correct ERP’s Biggest Flaw Part I: Forecasting is Not Your Only Option
A 3 Part Series by Henry Camp, President of Shippers Solutions Part I: Forecasting is Not Your Only Option For the last (I don’t want to admit how many) years, I have been delving into supply chains around the world – China, Central America, Germany,...
A Solution to the Inherent Problem with the Min/Max Inventory System
Now more than ever, manufacturers and suppliers face the quandary between increasing and reducing inventory levels. Often, huge sums of money are spent to improve forecasts or to link computer systems together through Enterprise Resource Planning (ERP) technology. In...
How to Keep Fill Rates Up
Clients tell me that they can get fill rates up but they can’t keep them up, even if they throw inventory at the problem. When fill rates drop so do sales and turns. It is possible to get both fill rates and turns up and keep them up. Read on to understand the...
How to Improve Resilience and Response Time
Our quick changing geopolitical climate is causing companies to reconsider their offshoring strategies. Unpredictable forecasting, which we talked about in a previous blog post, and the logistical nightmares that come from choosing the wrong trend are just a small...
Key Measurements for Support Groups in the Supply Chain
“Tell me how you measure me, and I will tell you how I will behave. If my measurements are not clear, no one can predict how I will behave – not even me!” -Dr. Eli Goldratt An internal supply chain exists within one organization. An external supply chain includes...
The Bullwhip Effect
Sometimes you can make things worse by just “trying to do your best.” Planning and forecasting is supposed to be the way to solve production, supply, and storage problems but it is not always reliable. Variations in demand are being magnified more than ever. Even the...
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