April 24, 2016

During arms-control summit meetings with Soviet Leader Mikhail Gorbachev in the late 1980s, President Reagan often used a favorite Russian "doveryai, no proveryai," that is "trust, but verify." Reagan had come to realize that the evil empire might be a negotiating partner. The path was rocky, but the two managed to reduce the nuclear arsenals that were both the threat and the stabilizing factor of the Cold War.

 

"Doveryai, no proveryai," became Reagan's watchwords for the relationship with the Sovi...

April 24, 2016

Historically, I've been a huge fan of Apple. They have a track record of making quality products and articulating a clear corporate philosophy.  After being inspired by all the things Steve Jobs did to build his company and change the perspective of the world, I've come to believe that, at the moment, the company is taking its eye off the ball.

 

The launch of Apple 6s Smart Battery Case is one good example.  It illustrates a host of decisions that were not just bad, but outright wrong:...

April 24, 2016

It has been said that data in the twenty-first century is like oil in the eighteenth century. I don't agree with this 100%. Like oil, data has to be refined before it is used, and it's only as valuable as the insights that are drawn from it. Further, oil is a limited commodity —and we all know that the deluge of data is getting bigger every day. And with the proliferation of sensors everywhere, especially in mobile devices, it is much easier to gather data from business operations and also get muc...

April 9, 2016

The best way to do this is classify your SKUs by velocity, otherwise called as SKU Velocity. The SKUs that sell fast and a lot in quantity will be your high SKU Velocity SKUs, which let us call A, then comes B, they sell less fast than A Velocity SKUs and then comes C, the slowest selling SKUs. Classify all your SKUs into SKU Velocity A SKUs, SKU Velocity B SKUs and SKU Velocity C SKUs.  And typically a best of the breed WMS has this ability to automatically record SKU Velocity based on the quanti...

April 9, 2016

There are many problems that will occur,

 

The most important you will no the able to scale your company. One of the main reasons behind putting these systems and automating everything is to handle large volumes, if you cannot integrate them properly it defeats the purpose. So naturally you will have to have manual steps to keep all these in synch, which will be every expensive and error prone. So it is a bad idea, if it is temporary situation it is probably okay, but in the long run you want to int...

April 9, 2016

You could start as a Manager in any Third Party Logistics Company, there are plenty of these 3PLs needed nowadays because  of the Ecommerce phenomenon because many physical product manufacturers want to focus only on their product and don't want to deal with the distribution part of their business. You can work your way up from there.

 

You could start as a manager for a company like Amazon or DHL or UPS.

 

Or even more challenging and exciting get into a consulting company that focuses on Supply Chai...

April 9, 2016

Assumptions

 

 

1-Supply Chain does not impact the customer satisfaction level so much for your business, as long as the product gets delivered as per the agreement on certain metrics it is good. Your business is not dependent on wowing the customer on how the product gets delivered. For example Bed Bath and Beyond, Polo Ralph Lauren, Williams Sonoma all these retailers are primarily successful because they focus so much on wowing their customers, there is a saying "you will never forget how some one...

April 9, 2016

I don't understand the context of the question.

 

If you search by square footage of warehouse space you will find an answer, that is a better way to look at, because the warehouse count doesn't mean anything.

 

Also keep in mind that are plenty of warehouses being built and also warehouse operators going out of business, so it is difficult to tell accurately, however it can be quantified in terms of square footage space.

Googling warehouse space in square footage will give you a quick answer.

 

Also che...

April 9, 2016

The core problem that Agile methodology solves is when the project involves a lot of unknowns. Agile is not the silver bullet for everything. Agile works very well when there is a lot of trial and error needs to done, especially innovation and product development work.

 

Certain projects won't work well in Agile, for example WMS rollout, this is best done in a waterfall manner because there are so many dependencies. Before you begin configuration or development you need to do an end to end design an...

April 9, 2016

 Supply Chain Management is a very very broad area, so there are so many different roles within SCM. There are so many different functions that happen within SCM, listed below are a few

1 - Warehousing

 

2 - Transportation

 

3 - Demand Planning

 

4 - Supply Planning

 

5 - Manufacturing

 

6 - Procurement

 

7 -  Inventory Management

 

8 - Order Management

 

9 - Vendor Management 

 

10 - EDI 

 

Again within all these areas, there are sub areas, for example under Warehousing there is Order Fulfillment, Inventory Managemen...

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