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Event
panning
Process?
Techniques?
Tools?
Measures?
Home
delivery
Design?
Cost
modelling?
Returns
policy,
processes
and
management |
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Event
planning for global consumer goods business.
This
organisation launches a new direct selling catalogue once a month
with new promotions. These create huge demand surges in an area stretching
from Vladivostok to Cork. The challenge was how to manage this, without
simply hoping that forecasting would mysteriously improve.
The solution was know which the critical items are; to really understand
how big the forecast errors were likely to be; to apply statistics
to the contingencies of inventory, to capacity and to the part made
product required to achieve target service levels; and reconciling
these to real action dates on the ground. This allowed the choices
to be explicit, allowing the organisation to trade-off between risks
of excess stock and service. This approach transformed the supply
chain performance through their critical fourth quarter surge in
demand. |