This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The National Product Supply Group, governed by members from most US producing bottlers, develops the collaborative supply chain plan based on defined governance processes. The production plan is fed into the MRP for production execution. However, unexpected events do happen. Should it be used to forecast a group of materials?
The second part of the class involved a facilitator leading our group through discussion of the “grieving process” as it relates to “change” and trying to draw out how we felt about it. Then we were video-linked to other groups in identical sessions, perhaps in some effort to show how we were all in this together.
McKinse y, Cap Gemini and the Boston Consulting Group all suggest digital transformation is about applying digital technologies [such as Artificial Intelligence (AI), Machine Learning (ML), the Internet of Things (IoT) and Blockchain] to operational processes and creating improvements.
I was part of a group that did days in local (to Seattle) ski areas; annual trips to Whistler, BC (my favorite place); Mount Hood and Mount Bachelor in Oregon; and a semi-fateful trip to Red Mountain in Trail, British Columbia in March of 1993. Anyone who has been though a classic “kaizen event” knows this.
Material Requirements Planning (MRP) can be a crucial tool in MTO. MRP is a kind of inventory optimisation system, meaning that it creates recommendations for inventory requirements to maintain the correct levels of inventory. The MRP can also be used to specify alternate materials and suppliers.
ABC Analysis: A form of Pareto analysis applied to a group of products to enable selective inventory management controls. ABC Classification: The classification of inventory, after ABC analysis, into three basic groups for the purpose of stock control and planning. A items may also be of strategic importance to the business concerned.
Descartes Systems Group. The same benefits apply on a global scale, where both supply chains and operations are becoming more interconnected and, subsequently, more impacted by world events. “By “Actionable data is created through analytics; it’s the analytics that tells the user what to do, and ultimately what action to take.”.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content