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Falling Asleep at Your S&OP Meeting?
I remember the day very clearly when I read Donald J Wheeler’s book “Understanding Variation – The Key to Managing Chaos.” What grabbed my attention was the sterility of the traditional monthly report and, furthermore, the potential for it to be truly misleading. Let’s consider what is usually provided to managers prior to and,... »
“The Perfect Pull Supply Chain: Why The Elimination of Forecasting Decreases Inventory and Increases Availability”
I recently came across this white paper with the above title, written by a company called AGENTRICS, which I found very strange and contradictory. Here are four reasons why: 1. The paper claims since we cannot forecast (meaning 100% accurately), forecasting is unnecessary. The practice of forecasting has caused and will continue to cause... »