Definition of Logistics

I was recently asked by a large food manufacturer to help them develop a formal...

Demand Variability Profiling

On the left (in green) is the ratio of the standard deviation of the mean...

Introduction to Supply

The third set of RightChain™ decisions work in the area of supply. Supply is the...

Supplier Visibility

Just as suppliers need visibility into our inventory levels to execute vendor managed inventory programs,...

Collaborative Planning

Just like there is an optimal production schedule for a factory that minimizes the total...

Sourcing Optimization

We also help make the sourcing and inventory connection with sourcing optimizations that take into...

Supplier Rationalization

The objective in supply base rationalization and consolidation is to minimize the number of suppliers...

Make-Buy Analysis

The first sourcing decision for each item is whether to make it or buy it.  The...

Non-Conformance Chargebacks

An important follow-up to the creation of supplier certification criteria is the design of rewards...

Supplier Valuation and Segmentation

Based on performance to established targets and inbound logistics volumes, suppliers should be classified into...

Supplier Quality Metrics

Four helpful indicators of supply quality are: perfect purchase order percentage (PPOP), supplier fill rate (SFR),...

Supplier Financial Metrics

Purchase Order Cost The cost per purchase order is a critical element in supply planning,...