Articles

The Lean Supply Chain

Building The Smart Supply Chain

Building The Smart Supply Chain

With more objects embedded with sensors, and better communication, decision-making and automation capabilities, traditional supply chains are becoming more intelligent. The new “smart” supply chain presents huge opportunities for reducing costs and improving efficiency. Some refer to this concept as Supply Chain 4.0: the application of the Internet of Things (IoT), advanced robotics, and big […]

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Paul A. Myerson

Lean Isn’t Mean and Agile Isn’t Cheap

Back in 2014, I wrote a column extolling the benefits of a lean and agile supply chain, also known as a hybrid strategy. Depending on your product or service, your supply chain may tilt more one way or the other, or it might be segmented but still exhibit characteristics of both. For example, if you […]

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Paul A. Myerson

S&OP: Bringing the Outside In

Sales and Operations Planning (S&OP) is an integrated business management process through which the leadership team continually achieves focus, alignment and synchronization among all functions. This ensures that supply meets demand while the organization meets general business objectives, including profitability, productivity, competitive customer lead times, and others.

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Paul A. Myerson

Supply-Side Accuracy and Timeliness in Volatile Times

While improved demand accuracy in your supply chain is critical, it is equally important to have supply-side accuracy and timeliness, especially now. The disruption the pandemic caused for global supply chains is getting worse, creating shortages of consumer products and making it more expensive for companies to ship goods where they’re needed.

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Paul A. Myerson

Demand Accuracy In Your Supply Chain

During the pandemic, a lot of the focus on supply chain tended to be on the supply side, and rightly so, due to the highly publicized sourcing, production, distribution, and transportation issues. As a result, organizations continue to look to increase productivity, flexibility, and agility through programs such as Lean, increased automation, robotics, artificial intelligence, and others.

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Paul A. Myerson

Omnichannel Delivers, But at What Cost?

Amazon, the most successful e-commerce company of all, gained a competitive advantage through its two-day free delivery for Prime customers. Many other pure e-tailers and brick-and-mortar retailers moving to omnichannel retail—where customers engage with companies in a variety of ways, including in a physical store, or via websites and mobile apps—have followed suit to some degree.

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