Inventory Optimization
Five Suggestions for Practical Inventory Management
Recently, a colleague recounted a new consulting job he had undertaken a few years back. The client was struggling to make a large enough profit, which was threatening to derail their business expansion plan. This revolved around moving to a larger fac
Five Elements of Successful Sales Forecasting
If not, you are not alone. While extremely valuable, any reputation forecasting has can quickly be tarnished by bad experiences. Common pitfalls include the lack of a consistent and agreed upon process, and the challenges of using cumbersome, expensive
Supply chain disruption happens. Logility can help.
Logility is closely monitoring the Coronavirus (COVID-19) situation around the world with a priority on doing what we can to protect the health and safety of our employees and support the business planning capabilities of our customers. Dealing with di
Five Steps to Launch a Supplier Scorecard
Supplier scorecards are globally accepted as a key tool for managing a more profitable supply chain. Key uses for a supplier scorecard include: Measuring performance and driving improvements Justifying which suppliers to keep in your supplier base Stre
Is Demand Sensing Right for your Business?
The accuracy of conventional time-series forecasts eventually hits a ceiling. Why? Because historical data is a flawed predictor of supply chain conditions over a short period of time. Even high-volume consumer packaged products with well-understood se
Benefits of Digitally Transforming Supply Chain Planning in the Life Sciences Industry
Today’s life sciences supply chain is constantly changing as complex market forces including regulations, advances in technology, continued globalization, and ever-increasing customer demands combine to create new challenges. Life sciences companies ar
Supply Chain Wars: Episode V – The Corporation Strikes Back
The next episode in the Supply Chain Wars saga, Episode V – The Corporation Strikes Back is the second in a series of articles that follow a supply chain team’s efforts to improve their supply chain capabilities. The Star Wars movies have influenced ge
Autonomous Supply Chain Planning, It’s Not Science Fiction
I am a big fan of the original Twilight Zone television series which ran for five seasons on CBS from 1959 to 1964 and remains in syndication to this day. Each episode would start with a combination of eerie music, Rod Sterling’s instantly recognizable
Applying Lean 6 Sigma Principles to the Supply Chain
Fifteen years ago, I worked for a company that embraced Lean 6 Sigma as a core operating fundamental. Just about every member of the management team was a Lean 6 Sigma Black Belt and many had attained a level of Master Black Belt. As Director of Logist
From “Rules of Thumb” to Non-Linear Algorithmic Optimization
Back in the mid 1990’s when I first entered the Supply Chain field as a freshly minted MBA from the Eli Broad Graduate School of Management at Michigan State University, I was full of “state of the art” knowledge from visionary teachers like Don Bowers
