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| What
are the methods of stock out measurement? What are
the main methods of stock out measurement?
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Stock Out ( Out Of
Stock - OOS ) is situation when the product is temporary
unavailable on the shelf or in the warehouse. The
stock out is occurring from time to time on almost
all SKUs. The stock out shows up as a result of
the gap between the stock planning and actual
sales demand. In some cases it can appear as a result of
production breakages or extremely prolonged supply
lead time...
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Posted:
Nov 2009
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Forecasting
Methods: Product Segmentation Matrix (E)
by
Laurus Nobilis
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| What
is the product segmentation matrix? What is impact
of product segmentation matrix to service level?
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The
product segmentation matrix ( zoo chart ) can be useful
approach to dement planner. The zoo chart gives
insight into big picture of basic performance
characteristics of SKUs; their sales contribution
and forecast accuracy. As the result of increased
forecasting accuracy the whole supply chain will
benefit. The inventories will be within normal
range, the stock outs will reduced, warehouse and
distribution will be optimized and the service
level toward customer will be increased...
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More |
Posted:
Nov 2009
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Forecasting
Methods: Segmentation Of Products (E)
by
Laurus Nobilis
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| What
is the segmentation of products? What is the roll
of product segmentation as approach to demand
forecasting?
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High
forecast accuracy is the backbone of effective
demand planning. High forecast accuracy enables
proper planning of inventories. Right level of
inventories enables optimal working capital
engagement, fresh product, no stock-out, optimal
flow of process and satisfied customer. Everything
starts with forecast. If forecast accuracy is high,
other business processes can be planned in a
efficient manner...
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More |
Posted:
Nov 2009
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Forecasting
Methods: Cross Functional Demand Forecasting (E)
by
Laurus Nobilis
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| What
are recommended forecasting methods? Who are the stakeholders
that are involved in forecasting methods?
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Demand
forecast is the cross functional document that is
aligned for the incoming period. The Sales
forecasting methods should involve all
stakeholders, not just sales department. Although
the sales can set volume targets, they can be
unrealistic in some cases. They can be higher or
lower than real demand, due to tactical reasons,
but they can also be reflection of wishful
thinking than the real demand forecast....
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Posted:
Aug 2009
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| What
is the Demand Forecasting? What is the reflection
of demand forecasting to inventory management,
stock-out and write off?
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Demand
for the product is the basis for the sales plans,
as well as supply chain planning. Once the demand
is determined it is possible to estimate market
share and potential sales volume. Demand forecasting
is also basis for supply chain activities.
Procurement, production, warehousing and
distribution depend on total potential volume,
average cycle volume as well as maximum demand
peaks...
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More |
Posted:
Aug 2009
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| What
are the causes of economy globalization? What is
the role of supply chain in economy globalization?
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The
trend of global economy globalization gives
a real challenge to the supply chain.
A
global company is more than a multinational
company. In the global
business materials and components are shipped
worldwide and products
may be produced offshore and sold in many
different countries....
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More |
Posted:
Jun 2009
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| What
is the role of supply chain in competitive
markets? What is the relation between product
excellence and service excellence?
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Today
competition between two companies is actually
competition of two supply chains. This is caused
by the fact that company can not act as independent,
isolated island, but as part of whole supply
chain. The company need to create value delivery
systems that are more responsive to fast-changing
markets and is much more consistent and reliable
in the delivery
of that value...
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More |
Posted:
Jun 2009
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| What
is definition of lead time? What is the difference
between traditional definition of lead time and
strategic lead time?
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Lead
time
is traditionally defined as the elapsed
period from receipt of
customer order to delivery. In today's
environment there is a
wider perspective that needs to be taken. The real
lead time is the time
taken from the design board, material procurement,
production and distribution to the end market...
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More |
Posted:
Jun 2009
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Supply
Chain and Competitive Advantage (E)
by
Laurus Nobilis
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| What
is the difference between logistic management and
supply chain management? What is the contribution
of supply chain to company's competitive
advantage?
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This
concept of supply chain management is relatively
new and is different from logic of logistics.
Logistics management is primarily concerned with
optimizing flows within the organization, whilst
supply chain management recognizes that internal
integration by itself is not sufficient...
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More |
Posted:
Jun 2009
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| Why
is the demand fluctuating during the month? What
are the effects of demand level fluctuation
to Supply Chain and the company? What are the
methods of weekly demand volume leveling?
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The
uneven spread of the volume through the weeks is common
for fast moving consumer goods businesses that have
aggressive targets. This is causing the weekly volume to
have ascending trend through the month, from very low to
very high. From perspective of supply chain it creates a
great problems...
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More |
Posted:
Jun 2009
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Transforming
of Supply Chain to Value Chain
(E)
by
Laurus Nobilis
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| What
is the relation between Supply Chain
and Value Chain? What are the levers that moves
Supply Chain to Value Chain?
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One
of the biggest steps forward in modern management
is the change of the approach that places the
focus on providing the utmost value in the eyes of
customer and consumer. Since the cost cutting and
price-off strategy is not enough guarantee for
sustainable
market advantage on the long run, it is necessary
for the company to provide the value that will
justify the price of the product...
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More |
Posted:
May 2009
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Integrative
Mission of Supply Chain (E)
by
Laurus Nobilis
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| What
is the role of Supply Chain within the
company? What is the best way to close the gap
between Marketing and Production?
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It
is obvious that the mission of supply chain is to
plan and co-ordinate all those activities
necessary to achieve desired levels of delivered
service and quality at lowest possible cost.
Supply Chain must therefore be seen as the link
between the marketplace and the supply base. The
Supply Chain spans the organization, from the
management of raw materials through to the
delivery of the final product
...
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More |
Posted:
May 2009
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| What
is the Supply Chain Optimization? What is the role
of Demand planning in Supply Chain Optimization?
How can Inventory Planning contribute to Supply
Chain optimization?
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The
competitive market is imposing rules to all participants
in the game of market competition. The company that
strives to become successful in the market needs to
excel in one of two segments, but ideally in both;
product value advantage and production cost advantage
...
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More |
Posted:
Jan 2009
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| What
is the Supply Chain Outsourcing? What is the
organizational efficiency element of Supply Chain
Outsourcing? Where the cost advantage of Supply
Chain Outsourcing comes from?
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The
supply chain outsourcing is the method of
dislocation of supply chain
activities to the third parties,
with the purpose of organizational simplification and
expenditure flexibility. The supply chain outsourcing is
a business opportunity that can cover several different segments of supply chain or
several of them combined
...
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More |
Posted:
Jan 2009
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Value
Adding and Waste Activities in Supply Chain
(I)
by
Laurus Nobilis
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| What
is the Value Adding? What is the Waste? How to
optimize Supply Chain activities?
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Since
customer appreciate greater value that he receives
from his supplier, any activity that customer
cares about is value adding. Any activity that
improves the product appearance, functionality,
durability, satisfaction and brand loyalty is
value-adding activity ...
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More |
Posted:
Nov 2008
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| What
is the OOS? Why the OOS happens? What impact OOS
makes on Customer and Consumer?
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Out
of Stock or Stock-Out is the situation that is
very common in the trade. There are many reasons for the
Stock Out. Too many SKUs for management, too much traffic, too
little cooperation between supplier and retailer, bad
sales forecasting, wrong orders, wrong deliveries, other
priorities, delisting, etc...
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More |
Posted:
Sep 2008
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| What
brings competitive advantage to the company? How
can company influence costs and value delivered?
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The
source of competitive advantage is found firstly
in the ability of the organization to
differentiate itself, in the eyes of the customer,
from its competition and secondly by operating at
a lower cost and hence at greater profit.
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More |
Posted:
Jun 2008
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| Why the Supply Chain is
different from terms Logistic or Distribution? What
is the main concept of Supply Chain?
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Even some 15 or 20 years ago, either in
theoretical approach on Universities or practical
in the Business, the term Distribution was
commonly used for the service within the company
that was in charged for moving the goods around,
according the needs of sales and customers.
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More |
Posted:
Mar 2008
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