Key Measurements for Support Groups in the Supply Chain

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

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...
Brick and Mortar Shopping is Not Dead Yet

Brick and Mortar Shopping is Not Dead Yet

The convenience of making purchases online during the pandemic could have easily wiped out the desire for shoppers to get in their cars and actually visit a physical location. But as the restrictions from the pandemic slow down it turns out that Americans are anxious...
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...