Posted Aug 31, 2011, by Michael Ford
MRP is king, reigning supreme since the 1970s. What seems to not need to be “rocket science” continues to attract vast sums of money justified by the continued dominance of costs of materials and supply chain elements of any manufacturing business.
Since the 1970s, pretty much everything about MRP has been improved. The sales forecasting is getting close to being “rocket science” as effects of things … Read More
Tags:
MRP,
Inventory Accuracy,
JIT,
Materials Management,
Material Turns
Posted Jan 26, 2011, by Michael Ford
Christmas was a month ago now. For many manufacturers, Christmas is like the turn of a page. Before Christmas, there was the seasonal rush, the fight to get as much of the right products out of the door and on to the shelves as fast possible. In spite the doom and gloom stories about the economy the seasonal rush seemed more or less as strong as ever; still a large market to keep a share of, the same … Read More
Tags:
JIT,
Planning,
Seasonality
Posted Aug 29, 2010, by Michael Ford
My wife credits me with having laziness down to a fine art. I cannot argue. For years, I have spent my time looking for ways to avoid, as my wife would put it, the things that I don’t want to do, or as I would put it, things that don’t add value. It’s a natural process for me, I didn’t study, or get any training, to be honest it just comes naturally.
Now I have worked for a little time in the distant … Read More
Tags:
Materials Management,
JIT