Supply Chain Planning for Electronics

 

Supply chain planning is becoming more important than ever within the electronics industry. This industry, in particular, has a long lead time. There is more time necessary for sourcing materials, manufacturing, and distribution. And, with a higher price point on these products, it tends to be harder than most industries to manage in terms of costs. With proper planning, it…

New Year’s Resolution #1 for Supply Chain Planners: Improve Performance Measurement

New Year’s resolutions: useful gimmick for getting your life in order, or standing joke?

The answer to this question is entirely up to you. But regardless of whether you plan to read a book every week, go running every day at 6 AM, or finally put some money in your IRA, I believe the New Year is a perfect time to make some resolutions about your supply chain.

Over my next few…

Instead of pinning the tail on the forecaster, try rewarding forecast accuracy

The brand new Demand Solutions e-book: 42 Principles of Forecasting provides practical and actionable tips for how any company can improve its forecasting process. This article is an extended version of one of those principles: “#7 “Reward Accuracy.”

I used to work in a dairy, a 99-year-old family-run business that manufactured ice cream in every flavor imaginable and every package size…

Supply Chain Planning Solutions: Are the Benefits Real? Really Real?

There has been a lot of debate in recent years about whether supply chain planning and demand planning solutions actually deliver their much-touted benefits. And I think that’s a good thing.

Any time you see an industry accepting the status quo and displaying hostility to new ideas, you have a recipe for stagnation. And stagnation is the opposite of innovation.

One commentator…

How Predictive Lead Time Technology Helps Companies that “Don’t Need It”

We’ve written about predictive lead time before. It’s a powerful new capability for supply chain planners and it’s available only from Demand Solutions. It can help you hit customer service targets more consistently without holding excessive safety stock. You may have spoken with colleagues who are dipping their toes into the predictive lead time pond and have been encouraged by the early results.

But…