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Supply Chain

Achieving Inventory Velocity “and” Customer Delight

Do these hypothetical situations sound familiar? Acme Company has a large, priority customer called Wylie Company. Acme must service Wylie flawlessly to maintain the contract, so to ensure stock is always available when Wylie needs it, Acme agrees to a guaranteed safety stock level for Wylie. And, Acme ends [...]

2020-10-07T23:51:34+00:00April 26, 2013|Categories: Manufacturing, Supply Chain|

Profit Through People

I am a supply chain and operations consultant and former executive. Based on my experiences, I have seen many companies look for the "magic ingredient" in how to achieve profitability. Several high-priced consultants and programs (such as Six Sigma, Total Quality Management and Toyota Production System) later, the company [...]

2020-10-07T23:51:35+00:00April 26, 2013|Categories: Manufacturing, Supply Chain|

The $1 million dollar planner

With all the competing demands within a supply chain organization, a $1 Million Dollar Planner is the person that can see the bigger picture and communicate just how the company’s objectives can be achieved. What is a $1 million dollar planner? And why does it matter? I've always been [...]

Cycle Counting

The key to effective cycle counting is to not get bogged down in resolving every dollar, but rather focus on the significant discrepancies.The main goal of cycle counting is to cycle through your inventory to ensure inventory accuracy on a consistent basis. (In contrast, a physical inventory is a [...]

Forecasts are always wrong so why bother?

By definition, a forecast is always wrong, so why bother? The main reason is because your customers are key to your business, and your forecasts/ demand plans represent your customer demand. And, if you provide excellent service to your customers in the most efficient and consistent manner, you will [...]

2022-05-04T18:35:28+00:00April 25, 2013|Categories: Demand Planning, Manufacturing, S&OE, Supply Chain|Tags: , |

A Few Secrets to Plant Manager Success

Today's international business climate is becoming more and more competitive and tough to stand out in the crowd. Additionally, more and more plant operations are moving to Mexico, China and other countries where there are lower wage rates, less intensive laws (workers compensation), etc. To succeed in today's environment, [...]

2020-10-07T23:51:35+00:00April 25, 2013|Categories: Manufacturing, Supply Chain|

Finance… bean-counters or value added resources?

The global business community is becoming more and more competitive. In order to survive, you no longer have to be one of the best "on your block" or one of the best in the USA; instead, you must be one of the best in the world. It is becoming [...]

2020-10-07T23:51:35+00:00April 25, 2013|Categories: Manufacturing, Supply Chain|

Strategy – it doesn’t fail in formulation; it fails in execution

It is interesting to sit back and watch as companies spend millions of dollars on strategy formulation, just to achieve minimal results due to poor execution. Yet, the process repeats constantly - more money is dumped into strategy formulation, 3 ring binders, fancy Power Point slides, etc. On the [...]

2022-09-11T07:07:33+00:00April 25, 2013|Categories: Leadership & Skills Development, Strategy, Supply Chain|
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