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Let’s Manage Inventory for Our Customers

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, [...]

Ideas to Fill Peak Capacity Periods

As we toured several e-commerce facilities such as UPS and Amazon, it became obvious that the sheer volume during peak season presents a huge dilemma. For example, UPS goes from 250-300 containers per night to 450 during peak season. Now that is quite a surge! Amazon has similar surges [...]

The Value of Demand Planning

In supply chain circles, there are lots of exciting concepts to discuss and debate such as lean, master scheduling, theory of constraints and many more; however, we have found that our most successful clients start with the customer!   If you concur that we are in an Amazon-impacted marketplace where [...]

Vendor Managed Inventory (VMI) – Success Depends on People

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 [...]

VMI – Supply Chain Collaboration on Steroids

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 [...]

VMI – What are the Benefits?

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 [...]

VMI – Success Directly Correlates to People

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? [...]

VMI – Do You Need Software?

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: [...]

Lean or No Lean, a Demand Plan is a MUST

Demand planning delivers such useful information on client demand that even Lean devotees will find data on longer-term forecasts, seasonal products and trending patterns useful. Whether you are on the Lean journey or not, you need a demand plan! Prior to forming LMA Consulting Group, I was a VP [...]

Which Planning Method is Best?

Use a combination approach to inventory management planning to promote growth, increase profits, free up cash flow and improve operational efficiency. I've incorporated three planning method options into a presentation on inventory management best practices. I've been receiving more and more requests for this topic as executives experience the [...]

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