Archive for August, 2007
10 ways to reduce inventory and improve service – part 2
This is the second part of a two-part post. Part 1 was posted last week. 6. Optimise stock over the range The same investment in stock can produce better or worse levels of availability. This is intuitively obvious if we think of some reductio ad absurdum examples: all of our stock invested in a single […]
Categories: Training and Reference.
Tags: Forecasting, Inventory Management, Lean, Retail Supply Chain
Comments: 2
10 ways to reduce inventory and improve service – part 1
This was prompted by a question on the CILT’s eDiscussion forum. I thought the topic deserved a little more room for explanation, so here are my top ten tactics for simultaneous inventory reduction and service improvement. I have divided this into two posts – five tactics today, the next five coming up in part 2. […]
Categories: Training and Reference.
Tags: Forecasting, Inventory Management, Lean, Retail Supply Chain
Comments: 5
Overstock in pure Pull supply chains
I have had a couple of conversations recently that have led me to think about how much overstock we might expect in a Pull supply chain even under fairly idealistic conditions. The first was with a colleague working on a redesign of a warehouse in which a large number of products had stock outside of […]
Categories: Thought Pieces, Training and Reference.
Tags: Inventory Management, Lean, Six Sigma
Comments: none
Storage capacity calculator – try it out
I have added a permanent page containing a storage capacity calculator that I have put together. This little widget is based on something I knocked up years ago to aid warehouse planning and design. Please follow the link under the site banner or click here for the storage capacity calculator.
Categories: Supply Chain Resources.
Tags: calculator, module capacity, operational improvement, space, storage, storage optimisation, warehouse design, warehouse planning, Warehousing
Comments: none