Apr 3, 2003
What is the bullwhip effect The bullwhip effect can be described as a series of events that leads to supplier demand variability up the supply chain. Trigger events include the…
Mar 31, 2003
In 2000, the Big Three automakers’ annual warranty costs were around $6 billion, or averaged roughly $500 per unit in North America (1) 90% of automotive suppliers say they believe…
Mar 19, 2003
Global sourcing is an issue that executive management needs to be cognizant of these days because the repercussions of ignoring global sourcing could be devastating to the future health of…
Mar 11, 2003
One of the biggest opportunities for improving your financial performance is reducing the amount of inventory in the supply chain. How much would you guess the average company spends on…
Mar 5, 2003
The goal of Vendor Managed Inventory is to provide a mutually beneficial relationship where both sides will be able to more smoothly and accurately control the availability and flow of…
Mar 1, 2003
We continue the discussion in the previous column on SCM on why human relationships are so important to management supply chains. 6. Data Mean Different Things to Different People In…
Feb 24, 2003
Recent economic events have forced many managers to confront an important message: the old model of managing supply chains is broken and simply doesn’t work anymore. Industries from automotive to…
Feb 19, 2003
On a worldwide basis, Mondays account for 15.0 percent of internet traffic for the week. Saturdays generate 13.5 percent. Source: DarwinMag.com Mondays are a mere 1.5 percent more popular to…
Feb 13, 2003
According to www.dictionary.com, benchmarking is “to measure (a rival’s product) according to specified standards in order to compare it with and improve one’s own product.” Benchmarking is typically thought of…
Feb 11, 2003
As discussed in Part I, there are no shortcuts in automating human behavior. Based on my insights and discussions over the last year or two, I realized how this theme…