It’s all about Lead Time

Lead time is arguably the most important factor in manufacturing and distribution. To a great extent, it determines how you set up your business, what inventory you carry and where/why, what you can offer to your customers, and how agile and responsive you can be to changing conditions and changing demand.

3D printing gains traction

posted in: Dave's Blog, Manufacturing | 0

3D printing is radically changing the world of knee and hip implants. At best, the replacement joint is a reasonable fit and quite functional. This is an ideal use of 3D printing and represents a radical change in the way replacement joints are made and used . . . but is the technology ready yet?

RFID makes supply chains more efficient and responsive

Radio Frequency Identification is carving an ever larger place in the world of retail and consumer goods. As a possible replacement for the now ubiquitous bar-codes, RFID offers some interesting and valuable benefits, but there are some challenges as well.

Demand Driven MRP

In today’s volatile, globally competitive environment, new decision-making tools are required to monitor, measure, and improve total organizational performance. Demand Driven Material Requirements Planning is a pull methodology to plan inventories and materials.

Taking control of supply and demand

Anyone on the marketing and sales side of things is likely to be oriented toward satisfying whatever demand they can find . . . but that may not be the best way to run a business.

Regional Sourcing

Does your company do business in a local or regional market or do you focus on importing parts and materials while exporting products? If it’s the former, you may be ahead of your time.

Sales forecasting time is here again

Companies that don’t do a detailed forecast are greatly limiting their ability to marshal their resources to meet customer demand effectively. They will likely be caught with too little or too much inventory at some point, the need for expediting or overtime, and some disappointed customers and lost sales.

Finding value in Annual Reports and Tax Forms

Pulling information together for year-end reports and tax filings offers a chance to evaluate past decisions and processes from a different perspective along with an opportunity to make some changes that will deliver better results in the future.

1 2 3 25