Effective inventory management can be an invaluable asset for any organization. With the right management system, a business can improve inventory visibility, optimize its supply chain and navigate shortages. A…
Tag:
forecasting
In his excellent novel „Do androids dream of electric sheep“ (the movie “Blade Runner” is based on this story) the famous science fiction novelist Philip K. Dick deals with the…
- Demand planningSupply Chain Management
Big data: driving changes in supply chain management
by Karsten Hornby Karsten HornThe importance of an agile supply chain With the success of the recent Olympic Games captivating millions across the world, UK firms were faced with a mix of new challenges.…
- Demand planningSupply Chain Management
The Collapse of the Product Life Cycle
by Karsten Hornby Karsten HornThe product life cycle theory, established 45 years ago, asserts that all products have a limited life and pass through distinct stages, each posing different challenges, opportunities, and problems to…