Remove Definition Remove Inventory Remove Security Remove Supply Chain Software
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Supply Chain Resilience. Really?

Supply Chain Shaman

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Background The Council of Supply Chain Resilience met for the first time this month. What is supply chain resilience? The reason?

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The Importance of Clear Service Level Definitions in Inventory Management

The Smart Software

Inventory optimization software that supports what-if analysis will expose the tradeoff of stockouts vs. excess costs of varying service level targets. This will avoid miscommunication and the false sense of security that can develop when less stringent definitions are used. This facilitates better decision-making.

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Build Political Capital to Drive Supply Chain Planning Success

Supply Chain Shaman

And how can supply chain planning help? In one project, I am interviewing over fifty supply chain leaders on their perceived impact of advanced planning, what makes a good plan, and how effectively they use the technology. I am also writing the new edition of the Supply Chains to Admire.

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The Ultimate Buyer’s Guide for Inventory Management Software

ThroughPut

Overview You’ve been there time and again—inventory headaches. No matter what you do, it feels like your inventory is conspiring against you: always too much or too little, and it’s not just by chance that you find yourself in this familiar predicament. Inventory management tools, on the other hand, don’t face these particular issues.

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Using Technology to build Sustainable Supply Chains

The Logistics & Supply Chain Management Society

Sustainability is definitely coming of age in Asia. However, there is now a growing appreciation that going green correlates with increased profit as demand for products with sustainable credentials grow and Asian companies get set to move up the value chain. Building a connected supply chain. Visibility is vital.

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Production Management: Definition, Tools, & Processes

Unleashed

Manufacturing operations need to implement effective production management tools and processes to reduce the cost of producing goods. This article explains the importance of production management, the key processes, and tools you can implement to minimise the cost of inputs while maximising productivity and quality.

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Finished Goods Inventory: Definition & Formula

Unleashed

Finished goods inventory are products that have been through the manufacturing process and are now ready for sale. This article breaks down how finished goods are calculated and some key inventory management methods for tracking them as they move through your business. What are finished goods inventory?