Flying Blind?

In our supply chains, we are used to flying blind and operating with little or no visibility of inventories, shipments, and activities beyond our own warehouses. Just imagine how much more effective management could be with supply chain radar?

Achieving Inventory Nirvana

Do you know the current inventory turns measurement for your company? Do you have a goal for improving that performance? These are important questions for any company that has inventory.

What makes inventory turns a popular measurement?

All companies keep track of the value of inventory that they have in stock because it is an important part of the company’s financial status — usually one of the larger assets on the balance sheet. Total inventory value is not a useful measurement for operations, however. It needs context, and that’s what is provided by inventory turns.

Digital Manufacturing in the Industrial Internet of Things

Physical products can’t be produced digitally, but digital resources can and do support manufacturing in a big way. Although manufacturing has made use of computers for decades, ever more powerful systems, sophisticated software, the Internet, and the Industrial Internet of Things (IIoT) have expanded the digital world of manufacturing . . .

December Schedules

December is often a rather strange month in the life of the manufacturing plant. There may be some seasonal demand effects to deal with (lower actual demand and lower production objectives in many cases) and there are often schedule reductions to be accommodated due to holiday shut-downs and the policy in many companies of encouraging employees to use vacation time before the end of the year.

How Now Brown Cow – Sensors and Analytics Take a (Farmer’s) Field Trip

There’s an unusual story about a device called Moocall which saves the farmer from having to stay near the cow during the birthing process. The technology is advancing rapidly while becoming more affordable and more available.

Enjoy the seasons… all of them

Don’t worry when sales are down and panic when sales are up (can we fill those orders?) especially when the pattern is seasonal and predictable. Plan production and inventory to make the most of available resources and use any leftover capacity profitably.

Demand management through S&OP

The sales and operations planning (S&OP) team works on developing a “best” plan that makes effective use of the resources available to meet an optimum amount of the demand.

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