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10 ways to reduce inventory and improve service – part 2

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 […]

10 ways to reduce inventory and improve service – part 1

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. […]

The Economist: overheating emerging economies

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 […]

Teach Yourself Supply Chain Management in Ten Years

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 […]

World Food Programme Logistics video

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.

What level of availability should my warehouse give?

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 […]