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Optimizing Vendor-Managed Inventory (VMI)

  • On 01/11/2025
Vendor Managed Inventory (VMI) is a form of consigned inventory where the supplier retains ownership of the stock until it is used or sold by the customer. This strategy has become increasingly popular in supply chain management for streamlining operations and reducing costs. By allowing suppliers to manage inventory levels on behalf of their customers, […]
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How to Improve Your Inventory Accuracy

  • On 01/11/2025
How to Improve Your Inventory Accuracy Inventory accuracy is critical to the smooth operation of any manufacturing or supply chain process. Inaccurate inventory records can lead to material shortages, production delays, and lost revenue. Moreover, excess inventory resulting from poor record-keeping can tie up valuable working capital and increase storage costs. Achieving near-perfect inventory accuracy […]
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The Role of Sales, Inventory, and Operations Planning (SIOP) in Lean Supply Chains

  • On 01/11/2025
For manufacturers, effective supply chain management is challenged by fluctuating customer demand, inconsistent inventory levels, and capacity constraints. This is where Sales, Inventory, and Operations Planning (SIOP) plays a critical role in achieving a lean, responsive, and efficient supply chain. SIOP  is a formal, cross-functional strategic planning process that aligns demand forecasts with production capacity […]
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Reducing Lead Times in High-Mix/Low-Volume Manufacturing

  • On 01/11/2025
High-mix, low-volume (HMLV) manufacturing presents unique challenges for manufacturers. Unlike mass production, where standardization is the key to efficiency, HMLV operations must manage a wide variety of products, each with different specifications, while keeping production costs and lead times under control. This complexity can often lead to extended lead times, which negatively impact customer satisfaction […]
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Five Proven Strategies to Reduce Supply Chain Backlogs

  • On 12/24/2024
Supply chain backlogs can lead to missed deadlines, dissatisfied customers, and increased operating costs, all of which can undermine a company’s competitiveness. However, with a proactive approach and the right strategies, supply chain backlogs can be mitigated effectively. Below are five proven strategies that Altemir Consulting has used to reduce supply chain backlogs, improve operational […]
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