Improving OTIF and Reducing Cost and Inventory Every client wants to support growth goals while improving service levels (OTIF, on-time-in-full), operational efficiencies and inventory turns. These are timeless objectives for every planner. During the pandemic, the priorities shifted to service levels because clients struggled to keep up with dramatic [...]
Amazon is propelling this age-old topic into a new realm. Since the CEO of the Ontario Airport Authority used the phrase “last mile” has become “last minute” on a panel I facilitated last year, I have shamelessly reapplied his brillant quote. If customers don’t even know what they want, [...]
As with almost every topic our clients call about, Vendor Managed Inventory or VMI and supply chain partner collaboration programs are no different. Success directly correlates to people. Questions You Should Ask When Coordinating VMI Do your employees and partners understand VMI and the benefits of VMI? Undoubtedly, success is [...]
Collaboration is at the center of successful working relationships with your supply chain partners. Supply chain collaboration is in vogue. Customers have figured out that if suppliers have access to more information on what they need and what is important to them that they'll typically do a better job [...]
Vendor Managed Inventory is gaining in popularity as people realize the many benefits of supply chain collaboration. Vendor managed inventory can have many benefits - both from a strategic perspective and a tactical one. We are seeing that it is gaining in popularity as manufacturers and distributors and retail [...]
As with almost every topic our clients call about, VMI and supply chain partner collaboration programs are no different. Success directly correlates to people. What should you be thinking about when it comes to VMI and people? Do your employees and partners understand VMI and the benefits of VMI? [...]
A Vendor Managed Inventory (VMI) initiative will improve services levels and may not require supporting software. Vendor Managed Inventory (VMI) - do you need software? Of course, the answer is "It depends". A few items to think about to determine if you need software to support a VMI initiative: [...]
Collaboration during the planning process is instrumental in creating an effective end-to-end supply chain where everyone gets what they need when they need it. My most successful clients consider collaborative planning a no-brainer. In its simplest form, collaborative planning is partnering with your customers, suppliers and other supply [...]
