The Planning master-For industrial engineer
This site is all about planning in an organization. Material planning, production planning, KPI and lean
Consignment is a significant inventory planning method. The idea is that the customer is paying for the goods only when it is consumed (or sold).
It is an excellent system for the client but also for the supplier that saves a lot of waste in the supply chain.
How to make a consignment agreement and why.
Kanban is a “magical” inventory management system. It requires no databases and no gadgets. Yet, it allows organizations with a lot of parts to manage them almost without much planning. It is very useful and I am recommending it every time it fits.
This post is all about the Kanban system, with examples and recipes on how to make it works.
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ABC model allow us to plan our inventory in a smart way. We refer to each item as part of a group. Some groups are important and we micro manage them and some not.
How to plan the production in a simple organization. From batch size to batch priority and inventory policies.
The classic sawtooth model is a really a good inventory model. However, the classic model uses quantities instead of inventory days.