Demand Forecasting: How Not to Do It

  • On 12/30/2019
Many manufacturers and distributors encounter common pitfalls when formulating their demand forecasts and operational planning   The old adage is that forecasts are always wrong.  Since no one can see into the future, this is certainly true.  However, we can observe how our forecasts are wrong over time and optimize them accordingly in a way […]
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M&A Spotlight: Buy-Side Due Diligence for Manufacturing Fixer Uppers

  • On 12/06/2019
With a fixer upper, the need to understand the target company’s prospects for realistically making tangible operating improvements takes on a special significance   While buy-side due diligence can and should be comprehensive and multi-disciplinary, operational due diligence takes on a special significance when contemplating the acquisition of a manufacturing fixer upper.  A finance-oriented view […]
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Do Your Underperforming Suppliers Need an Intervention?

  • On 11/29/2019
There are practical steps you can take to improve critical suppliers' delivery performance   Let me be blunt:  Sometimes it takes two to tango when it comes to maintaining the health and performance of your supply chain.  This is particularly true for larger companies that have smaller suppliers who can be dramatically affected by the […]
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Inventory Optimization: Have Your Cake and Eat it Too

  • On 11/19/2019
Reduce Inventory while simultaneously reducing shortages?  Yes. For manufacturers, distributors, and retailers, the goal for inventory is to not have too much or too little. As with every goal, you need a plan … and preferably, a good one. Unfortunately, inventory planning is an area where there are common misconceptions as to how to appropriately decide […]
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What Kind of Direction is Your APS Production Scheduling Providing Your Supply Chain?

  • On 10/11/2019
We examine how an APS-generated schedule can be better used to connect your supply chain to customers’ requirements to achieve improved on-time performance ERP-based Advanced planning and scheduling (APS) functionality provides manufacturers the important ability to manage material purchase orders and shop floor production orders subject to finite capacity resource constraints.  This enables a practical […]
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