Is it a good idea to reduce working capital in a supply chain? Yes, in general. On the face of it, “working capital” might sound like something you’d want to increase. However, it corresponds to the amount of money you need to keep your supply chain working, so...
“The Year of the Monkey hasn’t started well Rob”. Michael, the Supply Chain Manager, was certainly looking a bit stressed. Sales were down, which was increasing their cost per case through the Supply Chain and supplier performance issues were causing inventory...
If you’ve never taken a cold hard look at your Distribution Network, do it soon! Because the wrong network in terms of facility numbers, sizes and locations could be increasing your Supply Chain costs by as much as 16%! I’ll explain why in this 16 minute...
Rob O’Byrne and Steven Thacker explain in this VIDEO what S&OP (Sales and Operations Planning) really is, and is not! They answer key questions: What IS Sales and Operations Planning? What is it NOT? Why do it? What are the benefits of S&OP? How do you...
Industrial Inventory Management – The Uglies! In this video, Keiran Hogan gives some tips and insights into managing industrial inventory… “Hello, I’m Keiran Hogan. My background is Logistics and operations management in industrial and agricultural...
Mal Walker of Logistics Bureau gives a great Video Introduction to Inventory Management. How Much Inventory Should I Hold? “One of the principles of supply of goods to a market is that companies hold enough stock to satisfy customer demand, without holding too...
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