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What should lead time mean?

Recently I was looking at different ways of calculating safety stock and one of the calculations I looked at used “average lead time”. It

July 30, 2012

Recently I was looking at different ways of calculating safety stock and one of the calculations I looked at used “average lead time”. It

Beware of focussing on the KPI and not the objective

Setting Key Performance Indicators (KPIs) is sometimes seen as an art, because many companies find it hard to decide on what to measure and

July 18, 2012

Setting Key Performance Indicators (KPIs) is sometimes seen as an art, because many companies find it hard to decide on what to measure and

Benefiting from stocktakes

Insofar as risk and operational pain are concerned, performing a stocktake rates very high on both counts. Many organisations recognise that if they perform

April 30, 2012

Insofar as risk and operational pain are concerned, performing a stocktake rates very high on both counts. Many organisations recognise that if they perform

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