Case Study #51: The Sales and Operations Process – Ignore at Your Own Risk

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The Sales and Operations process is not well understood in many companies. The information collected by the Sales department is often inaccurate and incomplete, because, unfortunately, forecasting and gathering data is not the first priority of a sales department, but rather done as a necessary evil and an afterthought. If not done well, and if the Operations personnel has l...
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Safety Stock

Overview This module is a complete examination of a company’s safety stock levels. It starts with the reasons to keep safety stock levels, reviews how a company inventory levels match the safety stock levels set, looks at how safety stock should be calculated based on demand, supply, and process input, and reviews how safety stock should be used in both an MRP and independen...
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