“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
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
Much has already been written about flexible production and logistics networks, especially in economically turbulent times. However, the reality in many companies is still that production program planning and logistics planning run side by side in a non-integrated manner. Supplier integration, too, is usually only partially implemented. Read more