What To Look For in a Supply Chain Consulting Firm's Explanations of Its Offering
… 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 modification to the