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August 30th, 2007 | By: Martin Arrand
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
August 23rd, 2007 | By: Martin Arrand
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
June 30th, 2011 | By: Martin Arrand
I’ve just picked up this interactive chart from The Economist. I’m particularly interested in the risk of overheating in the Indian economy, as my most recent trips there certainly make me feel there is a bubble inflating, if only based on the simple heuristic of the number of property speculation SMSs I get on my […]
Categories: Supply Chain News and Comment.
Tags: China, emerging economies, India, logistics infrastructure
Comments: none
May 11th, 2011 | By: Martin Arrand
(with apologies to Peter Norvig) Some time ago, the wise and well-respected computer scientist Peter Norvig wrote an article called “Teach Yourself Programming in Ten Years”. I read it recently and found it so full of good sense I couldn’t resist taking the spirit of Norvig’s thoughts and applying them to supply chain management. Norvig’s […]
Categories: Supply Chain News and Comment, Training and Reference.
Tags: CILT, numeracy, People Management, supply chain management, Young Professionals
Comments: 1
May 9th, 2011 | By: Martin Arrand
Here is a stirring video from the World Food Programme about their humanitarian logistics capabilities. The scope and scale are remarkable.
Categories: Supply Chain News and Comment.
Tags: Humanitarian Logistics
Comments: none
September 13th, 2007 | By: Martin Arrand
This is a question that arises with frightening regularity. Although we generally want both availability and stock turn to continue improving over the long term (and there are various methods of achieving that), nonetheless there are some theoretical limits to those numbers, together with a requirement to decide the availability target for right now. Let’s […]
Categories: Thought Pieces.
Tags: availability, customer service, DRP, Inventory Management, storage, Strategy, supply chain design, Warehousing
Comments: none