Supply Chain Planning
Overview
Dont’ stock out of your best selling products.
Overplan and you’ll tie up your cash flow in inventory you don’t need. Underplan and you’ll lose out on sales of your best products. Supply chain planning can be a convoluted and imprecise exercise.
Save hours every week by following a systematic approach that ties together the various aspects of your supply chain, ensuring you have your top sellers in stock, and setting the right threshold for re-order so you’re not sitting on tons of slow moving inventory. Instead of chasing down information every week to place orders with vendors, bring it all together in a single, simple-to-manage spreadsheet model that is easy to update and follows a defined process to ensure you’re not missing anything. The model will cover:
Raw materials (if you’re sourcing them)
Lead times
Costing
Payment terms
Cash flow outlay
Re-stock thresholds
Co-man production plan
Weeks of supply of finished goods and/or raw materials
PO tracking
1-page dashboard to manage it all
Supply Chain Diagram Example
Once the model is built, you’ll define a recurring process to update the model and keep your supply chain humming. You’ll need a forecast to drive your supply chain plan in a demand-pull configuration, rather than production push-model.
Recommended tools
Supply chain planning software can be very expensive, so start with a spreadsheet; Excel or Google Sheets will both work fine.
Get in touch.
Schedule a free 30min call:
Talk through your top 2-3 pain points
Dig into the underlying drivers
Get actionable next steps for addressing the core issues
Getting an objective outsider perspective will help either validate your assumptions, or surface new angles to approach the problem.