Search Results for: supply-planning

… Stock Calculation
What was laid out above is the principle, but the standard safety stock formula is unusable? No studies demonstrate that the dynamic safety stock formula is used in companies — even though it continues to be taught and is frequently discussed. Yet, safety stock cannot rationally be calculated in isolation from other factors in the supply chain.
How is it nearly always calculated (when it is calculated at all)? That is right, in isolation for each product location. 
Our Solution
Having found the problems with safety stock management consistent over decades of reviewing supply planning systems, we developed a

… reviewing supply planning systems, we developed a modification to the standard safety stock formula that works much better. However, calculating a safety stock for a product location in isolation of all the other product locations makes no sense. – Brightwork Research

We cover the details of one of the essential parts of SCM, which is safety stock. This explains that we disagree with standard safety stock formulas and have made adjustments to them in the software we created. 
Our Approach and Verification Capability
The type of information published by Accenture is not what we find useful, which means the consulting …

… with Safety Stock Calculation
What was laid out above is the principle, but the standard safety stock formula is unusable? No studies demonstrate that the dynamic safety stock formula is used in companies — even though it continues to be taught and is frequently discussed. Yet, safety stock cannot rationally be calculated in isolation from other factors in the supply chain.
How is it nearly always calculated (when it is calculated at all)? That is right, in isolation for each product location. 
Our Solution
Having found the problems with safety stock management consistent over decades of reviewing supply planning systems, we