Of all the elements of a supply chain, the planning of manufacturing is the area that is probably most mired in confusing language and acronyms. MRP, MRPII, DDMRP, RCCP, MPS… the list goes on. Manufacturing is a complex beast and trying to grasp the basic planning processes can be challenging if you’ve not been exposed to manufacturing before. In this article, we explain, in straight-forward terms, the core concepts of the manufacturing planning process and put the mind-boggling acronyms into context. Read more
In the supply chain we are, largely, at the front of the game when it comes to machine learning and artificial intelligence. Machine learning has been invaluable as we’ve begun to apply it to demand planning, and is helping with forecast accuracy.
However, supply chain leaders are now looking to use the same or similar technology, utilising machine learning and artificial intelligence, to improve the sphere of production planning. Yet this is a much harder challenge to take on compared with demand planning. Read more
As an example of how to operate a globalised supply chain, Apple is frequently hailed as the benchmark. However, according to an article dated 23rd October by Tim Culpan for Bloomberg “Apple Inc. has lost its supply chain mojo.” We tend to think of such giants as having bulletproof supply chains, able to withstand those same snags smaller companies struggle with: yet that’s not always the case. Read more
The following white paper is part 2 of a guest post from Argenta – a leading provider of Test, Measurement, Control and Automation solutions. In part 1, Argenta looked at the basic principles of Operational Planning and balancing Capacity and Demand, along with the challenges to achieving effective planning and how to determine the most appropriate planning horizon and units to be used. In this second part they look at how to define Capacity and Demand and the types of tools which are required to support the planning process. Read more