An Inventory planner’s dilemma post Coronavirus.
As of March 4th, 2020, the Coronavirus has spread to 80 countries, killing more than 3200 and infecting over 90 000, mostly in China. Besides all the tragic loss to human lives, companies are taking strain as we see with the recent statement from... Read More
Tips on running a successful remote-first business
The advent of the internet and development of security protocols enabling sensitive data such as credit card information to be safely transmitted across the web, opened up the opportunity for retail companies to start their Virtual retailing (online... Read More
Is software ownership a thing of the past?
Many senior managers that were born in the '60s or '70s were taught by their parents that it was better to buy software, buildings, and other assets to reduce the expenses incurred in interest and grow the capital value of the business. This mindset... Read More
One size does not fit all - Classify your inventory
Throughout our lives, from the cradle to the grave, we are classified - classified according to our age, sex, religion, political views, demographics, hobbies, opinions, dietary choice, and many more. These classifications are used by companies to... Read More
How ready is your business to join the circular supply chain?
According to national geographic, about 8 million pieces of plastic pollution find their way into our oceans each year. That's the equivalent of putting five garbage bags full of trash on every foot of coastline around the world. Millions of animals... Read More
How and when to choose an inventory management system
Your supply chain business may be at the stage on the inventory maturity curve where you want to consider extending your ERP functionality to provide better demand planning and forecasting functionality. You won't be starved for choice as there are... Read More
Safety stock - Just like an insurance policy but for your stock.
The supply chain revolves around supply and demand. If suppliers delivered on time every time and we could predict what our customers were going to buy, we could match the supply and demand, and all would be well in the world. Unfortunately, life... Read More
Where is your supply chain business on the inventory maturity curve?
The foundation of any supply chain business is their Inventory. As with any "foundation," if it’s not healthy and stable, the cracks will start to appear. Before long, you will have severe problems on your hands, which take away from the little... Read More
Business tips for supply chain startups
Starting a new business doesn't come without some serious challenges. Having started my career as the co-founder and developer for a retail management solutions company in 1995 and later branching out into the corporate world, I have seen and... Read More