Plan the Work; Work the Plan
Oftentimes we spend countless hours planning a project with details, responsibilities and timelines, only to forget to work the plan. Once a plan is done, refocus your energy to execution.
Oftentimes we spend countless hours planning a project with details, responsibilities and timelines, only to forget to work the plan. Once a plan is done, refocus your energy to execution.
I cannot tell you how many disagreements I've seen over the years on the optimal planning method.
Inventory management may be a less exciting supply chain topic but it is the linchpin in a manufacturing or distribution business.
You can’t expect manufacturing or distribution success without securing base fundamentals such as inventory management.
As customers continue to demand shorter lead times, it becomes imperative for manufacturers and distributors to become more responsive and improve order fulfillment cycle time
Accurate systems transactions improve inventory accuracy, customer service, and operational efficiency in business
Though reducing inventory is generally advisable special situations arise when stocking inventory makes good business sense.
Inventory accuracy depends on so many moving parts. But a top-to-bottom understanding of the process combined with speedy adjustment responses would dramatically improve accuracy, thus, boosting business results.
Inventory accuracy is fundamental to manufacturing and distribution. A 3-tiered cycle counting system can simplify inventory management while improving accuracy.
Developing and maintaining a working production plan is no easy feat, but the best planners make the job seem effortless.