The role of a supply chain director is to control the movement of material from source to end customer. The remit is simple, but the execution is far from it. The constraining factors on material and information flow across any supply chain make the task challenging and occasionally very near impossible. Read more
Inventory Management has long been a headache we suffer, and an unwieldy beast we attempt to tame. It’s a complex and demanding task of checking and rechecking stock, and never actually quite being able to say ‘job done’ before it all changes again.
Inventory management news isn’t always the most exciting. As such, we’re easily drawn to headlines such as those that discuss Amazon’s inventory management drones. However, is this just pie in the sky for the majority of us? Or do we need to start realising that the practical advice concerning the future of inventory management does involve these exciting headlines for everyone, and we need to get with the programme? Read more
An interesting piece of supply chain news has come in from the Dutch industry, and we can apply lessons from it to our own supply chains. The study by M3 Consultancy looked at the differences in performance and working capital of various different Dutch manufacturing companies. One thing stood out: inventory management was the dominant difference between good and poor performance. Read more
Does your company frequently encounter high and low periods of customer demand, ones where that demand suddenly, and quite unexpectedly, rises and then declines gradually, or worse, disappears overnight? One minute you’re struggling to keep up with the opportunities in front of you, and the next you’re left with an excess amount of product on your shelves.