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Over the last few decades, companies of all sizes have spent (cumulatively) billions of dollars on ERP (enterprise resource planning) systems, traditional MRP (material requirements planning) systems, advanced forecasting systems, and supply chain .
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In this article, I’d like to discuss my view of some common supply chain metrics, and their weaknesses. The important metrics should be about meeting tomorrow’s customer demands, not what happened yesterday and we can do nothing about it.
Continue readingEconomists and economic theory can, more or less, explain only about 20 percent of the worldwide growth in per-capita income over the last 200-plus years. After economists account for factors such as labor, capital, natural resources, they ascribe .
Continue readingAre you caught in the situation of being forced to rely on traditional forecast-driven MRP or DRP methods? 7 Things to Consider When Making Changes in Your Supply Chain? 1. We will create a system that senses demand and autonomously responds for .
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