How to Handle Sudden Increases in Sales with Limited Production Capacity
by Sales forecasting is crucial in the world of business, as it helps companies to plan their production and inventory needs in advance. However, sometimes unexpected …
Category: Planning
Above Average Inventory Levels: Is Your Company’s Supply Chain Healthy?
Inventory levels are one of the critical aspects of a company’s supply chain management. The inventory level represents the amount of stock a company has …
Overproduction Dilemma: Balancing Fixed and Additional Costs in Supply Chain
As a business owner or manager, one of the biggest challenges you may face is dealing with excess inventory or overproduction. While it may seem …
Diversify or Die: Strategies for Reducing Supply Chain Vulnerability
In today’s rapidly changing business environment, diversification is more important than ever. The COVID-19 pandemic has highlighted the need for companies to be able to …
Costs / Distributions / Information Systems / Inventory / Manufacturing / Planning / Procurements / Transportations / Warehousing
How Top Management’s Clear Direction Can Enhance Company Performance
In the fast-paced world of business, having a clear direction is essential for companies to stay on track and achieve their goals. Clear direction from …
Closing Down a Manufacturing Plant: Options, Challenges, and Strategies for a Smooth Transition
Manufacturing plants are essential to the economy of a country. They provide jobs for people and contribute to the production of goods. However, some manufacturing …
Distributions / Information Systems / Inventory / Manufacturing / Planning / Procurements / Transportations / Warehousing
The Temptation of Adopting Every New Technology: Should All Businesses Follow Suit?
The world of supply chain management has undergone significant changes in recent years due to technological advancements. These changes have created a new reality in …
Building a New SCM Department from Scratch: Obstacles and Solutions
Starting a new department in any company is an exciting time filled with possibilities and opportunities for growth. However, it is not without its challenges. …
Separating or Combining SCM Departments: Factors to Consider
Supply chain management (SCM) is an important concept in modern business. In today’s complex and rapidly changing business world, SCM is becoming increasingly important in …
The Ultimate Guide to Raw Material Price Negotiations for Small Volume Customers
When it comes to running a business, the cost of raw materials can make or break your profit margins. As a business owner, you understand …