Tuesday, January 06, 2009
The Speed of Demand and Supply Blog
04

It's never a bad time to wax poetic about your favorite things. Especially when you can find them in the baking aisle of your local grocery.

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Posted in: General
03

Being that I am a mechanical engineer, a friend of mine sent me a few jokes about engineers. This one stuck out:

To the optimist, the glass is half full.

To the pessimist, the glass is half empty.

To the engineer, the glass is twice as big as it needs to be.

(This is especially true of a warehouse with poor turns!)

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Posted in: General
03

There are 2 primary drivers to determining how much inventory you carry:

  1. Volatility of Demand
  2. Volatility of Supply

In this posting, we will review the volatility of demand.

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Posted in: Demand Planning
29

I was recently perusing a folder of clipped magazine articles I have collected and an article in the February 25, 2007 issue of Business Week caught my attention.  The article was a a special report written by Michael Arndt called "McDonald's 24/7." The article discussed how the move to a 24/7 operating format at McDonald's has increased the overall performance of the company.

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Posted in: General
28
My previous blog about the shortcoming of RFID got me thinking about the current state of most manufacturing inventory systems. Would an innovation like RFID, even if totally free, be as much of an upgrade as it is trumpeted to be?

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Posted in: General
27
As announced on our home page, we have finalized the integration of the Forecast Pro DLL into DemandCaster.  What this means to our clients is no...

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Posted in: Demand Planning
27

Reading through a web of articles on RFID improvements the other day, I noticed a conspicuous gap in most of the stories being told: improving the quality of your data may not have much worth without first improving the quality of your analyses.

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Posted in: General
25

I am one of those unfortunate souls who wanted a Wii for Christmas but was too slow to make it known to my family to make a purchase while they were still in stock.  Now that it is creeping toward the end of February, to my amazement you still can't find one on line (at the list price) or in the stores.

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Posted in: Demand Planning
13

There has obviously been a lot of negative news in the economy of late. People are hunkering down with all the bad news and have pulled back on their spending. The price of gas and the cost of everyday items such as milk and other essentials have hit the average consumer in the pocket crimping their disposable income.

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Posted in: Economy
07

About a year ago there was a Visa Check Card commercial that does a nice job in exhibiting a few key principles necessary for a fast and responsive business. The video was called lunch.  Unfortuneately, the commercial is no longer available but the newer versions represent the same basic idea and can be viewed here.

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