Is your warehouse ready for the summer?

Having an over-loaded warehouse is like being overweight.

You don’t feel like doing anything useful as  it is hard for you. And when you try to do any small task you cause huge mess.

You get tired easily because even smallest tasks are very difficult for you to get it done.

fat tired Homer Simpson warehouse over overload overloaded over loaded

It’s like having cholesterol; having vascular occlusion is just very similar to have your warehouse racks overfull and there are boxes and pallets Read more

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Supply Chain KPIs (Key Performance Indicators)

There are many K.P.I.s (Key Performance Indicators) in the Supply Chain. Companies set their goals for the year and keep track of it periodically (weekly, monthly, quarterly) to see how they are going and what they need to focus on more to achieve end-year targets.

KPIs are not always meaningful by themselves. You need to have a balanced scorecard Read more

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Game of Thrones Characters in the Supply Chain

Game of Thrones in Supply Chain

Have you ever wondered what jobs would Game of Thrones characters do if they were in the Supply Chain Business?

Eddard (Ned) StarkSupply Chain Director

Eddard (Ned) Stark Supply Chain DirectorNed Stark is possibly the only character in Game of Thrones that everyone likes and respects. He is kind, loyal, thoughtful and always thinking for the overall benefit for everyone. Everyone Read more

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The Balance Between Supply and Demand

Supply Chain is a hard business area, where you need to have a perfect balance between demand and supply.

Supply Demand Balance Cartoon (o9solutions)

Supply Demand Balance Cartoon (o9solutionsn)

In order to have an efficient supply chain,

  1. Demand planning is the 1st step. Better forecasting saves you time and gives you the opportunity to build up an inventory plan.
  2. Inventory management and warehouse utilization is second. This is both about the materials, raw ingredients and finished goods. You need to have set the rules for stock levels (whether you are willing to keep more stock in case of an oversale or not depends on how flexible your production/suppliers are to demand volatilities). Also alternative material/product options must be identified so that you can have some flexibility with the alternatives.
  3. Supply planning counts on suppliers’, transporters’ and purchasing processes and 3PL performance if you are working with one.

Supply Chain Management

Most importantly it is all about how good you are with handling the stress and making plan B, C, D, etc. Because supply chain is all about estimation of possible variations and managing unexpected issues! This is an exciting and colorful world…

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Supply and Demand Balance is one of the most important keys to success in the Supply Chain.

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