The “time value of money” is at stake when you are trying to forecast demand at ATM machines and of course, customer satisfaction. Trying to get the right amount of cash for pay day and holidays requires some pretty complicated models to get this right. The reality is that these methods and approaches of...
Last week, I attended IBF’s Executive S&OP workshop with Tom Wallace and companies such as LG, Celegene, Integra Life Sciences, UGG Boots, and more. Some folks flew in to New Jersey from beautiful Southern California just for the S&OP education. Bless them for coming to the North East. If that doesn’t show dedication to...
Do you have nightmares that your critical suppliers will make short or no notice revisions to your critical component supply orders? How would your company adapt if suppliers decided to switch to buying their components from low-cost, low-quality countries and delivered unreliable or faulty parts for your products? How would your delivery performance fare...