Articles

The Lean Supply Chain

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 […]

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
Paul A. Myerson

Traditional Retail Supply Chains Tackle Omni Challenges

Distribution centers (DCs) traditionally shipped orders in bulk to retailers or wholesalers. In the early days of e-commerce, most retailers used a small area in an existing DC to fulfill online orders or outsourced the process to a third party. As online demand grew, many retailers opened fulfillment centers dedicated to picking and packing individual orders shipped to individual end users. DCs and fulfillment centers have much different types of operations and cost structures.

Read More
Paul A. Myerson

The Road Map Out of This Mess

For years, I have been a proponent of operating a lean and agile supply chain, but some now say the COVID-19 pandemic has revealed the shortcomings of a supply chain that is perhaps too lean. To be “lean,” however, doesn’t mean maintaining extremely low inventory levels with no coordination or backup plan. It also appears […]

Read More