Often Overlooked Value of Production Planning
Developing and maintaining a working production plan is no easy feat, but the best planners make the job seem effortless.
Developing and maintaining a working production plan is no easy feat, but the best planners make the job seem effortless.
Inventory management relies on fundamentals like cycle counting to catch discrepancies. But it has to be coupled with a focus on process disciplines or you’ll end up reliving the same problems every day.
Business processes should evolve as the business climate changes by keeping an eye out for emerging trends and finding opportunities to pull ahead of the competition.
By implementing a SIOP process you’ll be in a better position to leverage your resources for a speedier inventory velocity. Inventory velocity not only accelerates cash flow but it also can contribute to margin improvement. How do we turn inventory faster and keep our money in motion vs. stagnating in the back of our warehouse?
Completing a physical inventory is a necessary part of inventory management because accuracy doesn’t just happen, it needs to be achieved.
A master schedule is an integral part of your production plan and communications to your team to centralize focus.
Have you heard of the PDCA model (Plan, Do, Check, Act)?
There are very few companies who will become wildly successful by inventing the new iPhone.
Consider starting an apprentice program if you'd like to leapfrog your competition by having the "right skills" in the "right place" at the "right time".
More than ever manufacturing and distribution operations are linked and fueled by people worldwide.