Variation or Variability is production’s enemy number 1. Unfortunately, lack of knowledge and understanding of these processes leads to common error.
The questions on everyone’s minds at the moment. What is the world going to be like after Covid-19? How are… Read more SURVIVING IN THE “NEW NORMAL”
2 things happened this weekend that triggered this post. First, I watched an interesting webinar with Rob O’Byrne from Logistics… Read more Identifying causes of margin erosion
FLOW protects cost, Cost doesn’t protect FLOW.
The innovations are designed to work together to minimise variation, reduce the lead time to customer, ensure stock is available in each of the buffers to support a 95%+ Customer Service level at the optimal inventory level with the highest return on capital employed (ROCE)
In this week’s discussion I’ll cover the second of the 4 Innovations, the net flow equation. As part of this… Read more Just how Innovative is DDMRP? – 2nd Innovation
DDMRP has 4 innovations that enhance the 5 pillars on which the methodology is built. Here is innovation 1
Acknowledge that our supply chains are no longer simple chains, but rather Complex adaptive systems. Build your strategy using this information. Create an action plan with milestones and put smart metrics in place to keep your teams on track. This will drive your business to achieve ROI targets
I first met Tom when he and his wife Mary having a heated discussion. We were all at a dinner… Read more Supply Chain in Practice: A real life story
The formulations or recipes we work with in industry are precise, BOMs are set up to the 3rd or 4th… Read more Alignment of strategy, action plans and measures