InventoryManufacturing TipsSupply Chain Decoupling Inventory: Protecting Orders With Strategic Supplies Every manufacturer knows how quickly things can go sideways. A delayed shipment here, equipment trouble there, and suddenly your whole operation falls behind. Decoupling inventory takes a different approach. By placing buffer stock at key production points, manufacturers can absorb these shocks without losing their delivery commitments to meet demand. By Steve Maurer, IME 15 min read
Manufacturing TipsSupply Chain Vendor Management – An Essential Guide for SMEs Vendor management is a set of tools that companies use to ensure profitable and efficient relationships with their suppliers. Coming a long way from traditional phone calls, faxes, and emails, today even small businesses have started to utilize software to manage their communication with vendors. By Karl Heinrich Lauri 8 min read
Manufacturing TipsSupply Chain How to Manage Supply Chain Disruptions? The world has experienced historic supply chain disruptions during the last years. From trade wars and COVID-19 to semiconductor shortages and the Suez canal blockage – there are few industries that have not been affected. The lesson learned is to be better prepared and to remain flexible. By Karl Heinrich Lauri 9 min read