“High demand, low supply”: what a nightmare for supply chain managers. And this doesn’t just happen in boom times. In economically uncertain phases, too, supply bottlenecks are more than painful for businesses. This can currently be witnessed for the microchip shortage the automotive industry (among others) is battling with.
Thus, it is all the more important to safeguard production by having a sophisticated capacity management system for critical components in place. But what does this mean in practice? What is the difference to conventional demand collaboration with suppliers? And which aspects do manufacturers need to consider? Read more
Does anyone else remember in 2008 when Domino’s came out with the Pizza Tracker? You could order a pizza and watch as is it moved from order, to being cooked, to being put in a box and ultimately delivered. It was fun and informative for the customer to follow the pizza’s journey to your doorstep. This was mainly done on a desktop computer since Smartphone apps were in their infancy.
What does a Pizza Tracker have in common with a Control Tower? Read more
In the last two posts of my blog series, I focused on taking the first steps in dealing with an acute crisis. So far, I have emphasized the importance of integrating supply chain management and risk management, as well as taking ad-hoc measures to counter the impacts of Covid-19. Now, the next step is to take medium and long-term measures to make supply chains resilient in the long run. Read more
Recently, in the first part of my blog article series “Supply Chain Risk Management – far more than just a way out of the current crisis“, I highlighted the importance of linking the two disciplines of Risk Management and Supply Chain Management when managing crises. There is another important aspect to not just surviving times of crisis, but to come out of these strengthened. And that is the time factor.
For this reason, the second part of this blog article series is dedicated to the following questions: Where do I start? What ad-hoc measures can I implement to mitigate impact? What can I quickly do to protect my supply chain? Read more
The coronavirus crisis has revealed a long-standing challenge for suppliers even more clearly: How reliable are the demand forecasts they receive from their customers? High volatility and uncertainties in demand forecasting are not limited to pandemic times. Even in the “normal state”, the originally reported requirements can differ considerably from the materials actually called off. The decisive question is therefore: How can you improve forecasting and thus also achieve a higher level of planning accuracy? Read more
COVID-19, its effects on the industry and the restart of production currently dominate on the agenda. Everyone is longing for a return to normality and this will be the case in a few months’ time. The world will not stand still and it is certainly not standing still at this very moment. Read more
Planning, purchasing, logistics and transport management are traditionally separate processes, typically located in different departments. The material planners determine how many parts production requires and order these from the supplier, considering safety stocks. The suppliers operate in their own systems, as does the transport service provider. What, when, in what quantity and at what time is to be delivered usually remains unclear until goods receipt. Read more
The current coronavirus pandemic poses enormous, unprecedented challenges for companies. Efficient risk management plays a central role in meeting these challenges. It is not so much a question of whether the current situation could have been anticipated and planned for. Rather, the focus is on how companies can now best protect their core processes and increase the resilience of their operations. Read more
It’ s nothing new that considerations of optimization focus on excessive inventories and overly high planning or disposition costs. This is all the more true in tougher economic times.
This is where the new opportunities of digitization come in: the continuous provision of data from supplier production to transport logistics and even in-house intralogistics is no longer a vision of the future. Even minimizing process costs is now a reality thanks to automation. Read more
“In the end, it is all about communication”: In his opening speech, Prof. Andreas Zaby, President of the Berlin School of Economics and Law (HWR), welcomed the more than 750 participants from 51 countries worldwide to the MIM 2019 conference. Likewise, Prof. Dmity Ivanov and Prof. Susanne Meyer, Vice President of the HWR Berlin, who were both the driving forces behind this conference, also emphasized this unique opportunity to learn from each other in the context of modelling, management and control of manufacturing processes. Read more