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How Best Practices and Automation Can Level the Playing Field for Small and Medium Sized Businesses In the past, small and medium sized businesses (SMBs) struggled to match the pace…
When we meet with a company for the first time, we like to ask three simple questions to allow us to make a quick assessment of their inventory status. We…
Do we really know how to get levels of safety stock balanced? Here’s a good analogy that might explain things. In the children’s story of ‘The Three Bears’, Goldilocks spends…
Inventory planning is hard to do. As supply chain complexity continues to expand, it’s getting more and more difficult to reach and sustain optimal inventory levels. Regardless of the level…
Inventory management remains an important operational feature that determines the successes and failures of enterprises especially in the manufacturing and retail industries. For inventory management, the challenges for most enterprises…
For the first part of this posting, you have to pretend that it is 1975 and not 2011. You are given a mandate to reduce inventory by 10%. The totally…
As globalization continues to expand, many product companies are beginning to see other aspects of supply chain complexity increase as well. In addition to globalization, the growth toward mass customization…
With disruption such as COVID-19 rapidly shifting consumer tastes, market volatility, and human error, the threat of both overstock and stockouts is always present. On the one hand, companies strive…
At DemandCaster, we have developed a concept called Supply Chain Physics. We use this concept to foster communication and accountabilities across functions and improvements within the enterprise. So what is…