The Real Value of Demand Forecasting

“We start our planning with the forecast.”  This is what I’ve heard in the last three (3) organizations I’ve engaged with.  These three (3) organizations often started their Sales & Operations Planning (S&OP) meetings with a comparison of forecast versus actual sales data.  In most cases, the actual sales data didn’t come out close toContinue reading “The Real Value of Demand Forecasting”

Collaboration: The Secret to Supply Chain Success

It’s hard to find a supply chain success story.  Either there isn’t any or enterprises would prefer to keep it private, not wanting to share any secret they consider proprietary.  Some so-called experts (ones like me who write blogs and claim they are) say companies like Apple, P&G, Walmart, and Toyota are supply chain successes. Continue reading “Collaboration: The Secret to Supply Chain Success”

Burning the Midnight Oil & the Work-Life Balance Myth

Not a very long time ago, people avoided working at night because they didn’t have enough light.  But for those who did have to work at night, they had to make do with whatever source of light they had.  Up to the early 20th century, people had little in the way of light after dusk. Continue reading “Burning the Midnight Oil & the Work-Life Balance Myth”

I Build Supply Chains, So What?

“We do not share a common definition of supply chain management across the industry. Just take a look at the various professional associations to which you belong. Procurement organizations and logistics associations alike claim supply chain management as their expertise. And to be fair, APICS, which defines supply chain management from end to end, hasContinue reading “I Build Supply Chains, So What?”

Working What We Have vs. Changing What We Work With

We who are supply chain managers have their hands full doing their jobs.  The problem is we work with what we only have.   Executives of enterprises determine our scopes; executives also decide what resources & assets we will have at our disposal or have authority over.  Supply chains extend beyond the borders of enterprises, andContinue reading “Working What We Have vs. Changing What We Work With”

Making the Most of Ishikawa’s Fishbone Diagram

Kaoru Ishikawa was a Japanese professor who championed quality improvement.  He is credited with the formation of quality circles, groups of workers & supervisors who work together to improve their operations. We remember Kaoru Ishikawa for his namesake Ishikawa Diagram, more popularly known as the fishbone diagram, a tool quality circles would use to identifyContinue reading “Making the Most of Ishikawa’s Fishbone Diagram”

Engineering Supply Chain Productivity

We are only as productive as that of our vendors and customers.  If vendors don’t deliver the materials we need when we need it, we wouldn’t be able to make available products no matter how efficient our manufacturing & logistics operations are.  And if customers habitually cancel or change their orders which they booked withContinue reading “Engineering Supply Chain Productivity”

Building the Entrepreneur’s Business via Supply Chains

All businesses begin from entrepreneurship, in which creative individuals turn ideas into profitable realities. There had been many who tried their luck as entrepreneurs.  Many failed; some succeeded.  It didn’t matter if the products or services entrepreneurs introduced seemed mundane or looked grandiose.  What mattered was that entrepreneurs worked hard to develop their ideas intoContinue reading “Building the Entrepreneur’s Business via Supply Chains”

Why Does It Take So Long?

I looked at the bottom of a dog food can at the pet shop to check its expiration date.  It said “10/26/2026,” but the production date said “10/27/2023.”  I concluded the dog food was safe as I bought the can of dog food on May 25, 2024.  I thought, however: why was the production dateContinue reading “Why Does It Take So Long?”

Flagships & Anchors

Every enterprise has a flagship.  A flagship is an enterprise’s leading product.  It’s the brand that customers identify with the enterprise or it’s the enterprise’s number one item in terms of customer popularity or sales.  We know The Coca-Cola Company by its flagship namesake, Coca-Cola.  Likewise, we know the Pepsico corporation from its Pepsi lineContinue reading “Flagships & Anchors”