I was excited to be featured on "Just the News" (a few minutes into the segment) earlier this week talking about what is going on with supply chain disruptions and when we will catch up. I also facilitated a panel of global supply chain experts on supply chain, material and logistics disruptions.
"Executives realize they need to proactively manage customer service, inventory and their end-to-end supply chain. In order to consider the full picture and related options, business intelligence software is vital, and the AI component to add predictability into the mix is quickly becoming a ‘must have,'" said Lisa Anderson, [...]
Several clients are wondering, “Is JIT Dead?”. Definitely not. Just-in-time inventory planning is a best practice inventory management process. If you are literally ordering just-in-time from China and expecting to not experience disruptions without strategic stockpiles, capacity or agility built into the picture is not smart. On the other [...]
COVID has disrupted every business. Some are growing far faster than supply can keep up while others have dropped like a rocket. Still others have almost identical dollar volume yet double the number of orders at half the order size, creating significant disruption in warehousing, shipping and transportation. [...]
Forget 'If It Ain't Broke, Don't Fix It' All bets are off in these unprecedented times. What worked yesterday might not work tomorrow. Take a fresh look at your product supply strategies. Should We Make or Buy? Many executives outsourced when it was the popular and often a smart [...]
I talked with the Direct Relief about the global supply chain during the pandemic. We discussed the issues of hoarding, the impacts on the global supply chain and what could be done to realign the supply chain so that consumers had what they needed where they needed it when [...]
Just-in-time might not be what it is cracked up to be! Certainly, the coronavirus impacts should give us reason to question this rule at face value. Are you running so tight that you only have one bin, pallet or small supermarket to keep your facility running? If so, the [...]
I talked with the Santa Clarita Valley Signal on the problems keeping shelves stocked amid the coronavirus lockdown. We talked about the end-to-end supply chain and what impacts the supply chain would have on how quickly the shelves would be restocked. See below for the reprinted article from the [...]
Great inventory management techniques are critical as supply chain complexity grows. Here's a look at the top techniques to help your company succeed. Whether you're an SMB or a large enterprise, solid inventory management techniques are critical for success. Inventory management, a component of supply chain management (SCM), controls [...]
Clients and colleagues have demonstrated a heightened interest in inventory reduction recently; however, they are not yet seeing the full value! Certainly, with everyone worried about a potential recession in 2020, they are starting to think about not tying as much cash up in wasted inventory but that is not the 100-pound gorilla. The real question is why we are thinking about corporate mandates and full warehouses instead of seeing the big picture that we should reevaluate our supply chain.
