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Aren’t Replenishment Models Outdated? Yes, They Are

Lean thinking etched the concept of ‘PULL’ in the mind of supply chain professionals which in-turn popularized the concept of sales based Replenishment Planning. Don’t try to forecast sales. Hold inventory for the replenishment lead time and just replenish what was sold. Sales are what actual customer pull is. Replenishment planning proposed to take out...

An Ode To All Things Rational

Athena, the amazing, loved mathematics. She was good with numbers. That’s why her friends fondly called her ‘The Amazing Athena’. Athena had recently joined a large FMCG company to head the finance function. She was very happy to have got this opportunity. The company had a big product portfolio, had a bunch of star products...

Where is my Money, Honey?

Jonny was not little anymore. He was the owner of Fastrade, a short term trading company that mainly dealt in perishable goods like fruits and vegetables. In a short span of 10 years, he had grown the company to a USD 100 million topline. Although his net margins were wafer thin at 0.5% to 2%,...

Rapid Response for COVID 19

With COVID-19 cases increasing exponentially even after 3 weeks of complete lockdown, prolonged lockdown is expected. In a country like India, where a majority of population depend on daily wages for survival, a complete shutdown for a prolonged period is not sustainable. Limited testing with densely populated areas will surface sporadic cases over a longer...

The 4G of Supply Chain Planning

Over the last half century, Supply Chain Planning functions have evolved drastically. From basic concepts like MRP, Lean, ToC, to advance concepts like Network Optimization, IBP, CPFR and Adaptive Planning, planners have seen them all. The planning function evolved from planning in departmental silos to having an organization wide S&OP. In extended supply chains, concepts...