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Does anyone have experience using electronic Kanban or pull systems? I'm looking at a simple mechanism to trigger replenishment over distance rather than sophisticated software solutions

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Hello Peter,

Thanks to give us the formula or an calculation example for our better understanding....what you have listed above sounds applicable in our side..

Thanks a lot..
Jenna

there is no such fixed best practise is inventory control management as every business has different manpower size and different resource sets.....

Hi Mate

As Self Directed Teams are meant to improve performance of the company,it should be under a Controlled Self Directed Team rather than independent itself.



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Hi,

I agreed with you.The discussions are very informative but they discussed on

different Kinds . can you tell me what exact topic is going on...?

Hope to give a clarity in next post.

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Hi there,

There is a very good case made for non-significant part numbering here but can you offer any advice if you are taking over an existing part numbering system that already has a significant part numbering system?

We have a 3 digit prefix for the type of product and then a series of numbers and letters for the details of the product. I would be a nightmare to change these already existing parts!

Hai All,

I'm also a new memeber just now joined in the community. The suggestions you quoted for the business people and the employers are so good. I don't have any interest at all in the field of business. But, in regardance of your tips those are very helpful for those who are in this field and those are getting starting. Nice tips, keep forwarding such tips. wish to see soon.



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Alpha numeric numbers are those numbers that can be dialled by using the alphabets on the keypad rather than the number itself. You may have an 0800 number or 0845 Numbers that needs to be advertised to promote your services. You may either publish just a string of numbers or opt for the alpha numeric representation of it which makes it very easy for the customers to remember.

This can be illustrated by an example. Suppose you are a florist. Would it not be quite advantageous to have a number such as 0800-FLOWERS rather than just some random numerals? An alpha numeric number will stick to the mind of the customer better and he or she is more likely to dial 0800-FLOWERS rather than dial the competition.

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dear peter,
would you like to share us your reorder point formula you are using? We all would be very happy and excited to know.
If you do not mind,

thanks,
jon

dear John,

WIll you please tell us what reorder point formula you are using in your operations to control stock replenishment process?

thanks,
jon



quote=John Hardwick, Tuesday, 15 Jul 2008 20:47]You are right, measuring forecast accuracy should depend on what you are using the forecast for.

In our business (pharmaceuticals) we measure the actual demand vs the forecast at the time we had to use it. So our commercial colleagues send us a forecast 8 weeks out to allow us to buy components and raw materials. So when we get the final order 2 weeks out, we compare it to the forecast at 8 weeks and play the results back to them. For info we report both accuracy and bias, as we find different markets tend to have different bias. (Some over forecast, while other under forecast)

We are increasingly trying to be less and less reliant on forecasts, using them more to adjust inventory policy than to do the ordering (certainly for runners and repeaters). For our 'strangers' our purchase requirements tend to be well below MOQ for our suppliers anyway, so we work a re-order point process.

dear mate,

Why bother implementing forecasting calculation in your spreadsheets? Actually, many factors residing in demand of products have to be taken into accout, trends and seasonality. If you are interested, I recommend a demand forecasting software to you, ForecastX Wizard, which is intelligently chooses the best-fit forecasting model to do the best forecast. You can google it. It can be seamlessly working with Excel.

regards,
Jon

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