March-April 2013

Inventory Optimization: Evolving from Fad to Necessity

Friday, March 1, 2013 · Sean Willems
There is broad agreement that inventory should be optimized to properly match demand. Yet achieving this continues to prove difficult for many companies. The insight and best practices offered here will help you understand the importance of sound inventory practices and put…

The Case for Managing MRO Inventory

Friday, March 1, 2013 · John M. Donnelly
In many organizations, maintenance, repair, and operations (MRO) inventory accounts for a significant slice—as much as 40 percent—of the annual procurement budget. Yet it is still not managed with the level of rigor typically applied to production inventory. There are five…

Taking a Broader View of Supply Chain Resilience

Friday, March 1, 2013 · Jonathan Wright
As supply chains become more global and complex, the impact of any disruption intensifies. What’s needed today is an approach to resilient risk management that incorporates four key components: longer term partnerships; government policy that enables flexibility; an IT…

How to Communicate with Your Board of Directors

Friday, March 1, 2013 · By William B. Lee
When supply chain professionals communicate effectively with their board of directors—and when the board understands and appreciates what the supply chain can do—good things happen to the business. The key is to communicate in a language that the board understands. It can…

A Practitioner’s Guide to Demand Planning

Friday, March 1, 2013 · Lora Cecere
Effective demand planning doesn’t just happen, it requires work. To move forward, companies have to admit the mistakes of the past, implement continuous improvement programs to drive discipline, and carefully re-implement demand planning technologies to sense and shape…
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