All Posts Tagged "inventory"...

Trade-offs key factor in operations management

Decisions made by operations managers and executives are almost always a search for “optimum,” defined as the most favorable or desirable solution.

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For Emergency Use Only

Carrying the right amount of safety stock . . .
While safety stock is necessary for avoiding disruptions and delivering an acceptable level of customer service, it also is an easy thing to abuse.

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The Other Side of the Equation

We supply chain and operations management professionals tend to think of demand as a given. It is what it is, and the job is to use resources to meet demand in the most efficient and effective way possible.

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Modern supply chain links are strong

Manufacturers used to focus on production and material costs in their attempts to control expenses and improve margins. Those gains are becoming harder to achieve now that most of the “fat” has been cut, so companies are looking to logistics costs — warehousing and transportation — for savings.

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To improve or not-to improve?

Advice and Assistance for Manufacturers.
January 2014.
Part of the planning and justification for any improvement project – equipment upgrades, process changes, ERP upgrade or replacement, lean initiative, new product launch, etc. – must also consider timing.

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Open Enrollment Session – The Fresh Connection: January 24 – 25, 2014

WHAT:  2-Day, The Fresh Connection-Based Supply Chain Learning Experience WHERE:  Pease Tradeport, Portsmouth NH WHEN:  Two-day learning program:  Friday – Saturday January 24 – 25, 2014 COST:    $599 each – Individuals $575 each – Early-registration (prior to 12/15/2013) $549

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5-Day APICS Certified Supply Chain Professional (CSCP) workshop

WHAT:  Five-day CSCP workshop WHEN:  Saturdays in 2014:  February 15, 22, March 1, 8, 15 WHERE:  One New Hampshire Ave, Suite 125; Pease Tradeport; Portsmouth, NH CLASS FEE:  $1,795 / member; $1,995 / non-member.  Includes: “Learning System” materials and Lunch. 

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Seasonality

Advice and Assistance for Manufacturers.
December 2013
In many industries, demand varies throughout the year in so-called ‘seasonal’ patterns –demand is higher certain times of the year and lower at other times in a repeating and predictable pattern. Seasonality presents a challenge for resource managers.

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APICS CSCP study program

WHEN:  Spring, 2014.  WHERE:  New Hampshire Contact Us for more information and exact location

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Electronic Kanban – a contradiction in terms?

Advice and Assistance for Manufacturers.
November 2013.
Kanban refers to a technique that is part of many lean manufacturing initiatives in which a physical signal triggers replenishment. When production takes a component off the point-of-use storage rack, its kanban signals another one to be delivered, thereby exchanging the manufacturing order, pick ticket, or purchase order release for a paperless, demand-driven replenishment mechanism. There are many variations in how this idea is actually implemented.

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