To help organizations recognize and effectively deal with good and bad variability, Involvation has developed theWheel of Fivefor Supply Chain Management. This third part in a series of five articles is about effective decision-making.
It is now over a year ago since – with the global credit crisis still relatively fresh in people’s minds – the world suddenly went into lockdown. The COVID-19 virus created a crisis within many nations’ healthcare systems, plus the economy came close to meltdown: shops were forced to closed, factories shut down and supply chains suffered severe...
To help organizations recognize and effectively deal with good and bad variability, Involvation has developed the Wheel of Five for Supply Chain Management. This is the final part in the series of five articles about the Wheel of Five.
You won’t have missed it: S&OP is a trending topic. There’s no escaping it. If you’re not in, then you’re out! Right? Well, I would be the last person to deny that effective S&OP is essential to successful business. The question, however, is whether you are ready for it. Does your company meet the conditions of effective S&OP? Preventing...
To help organizations recognize and effectively deal with good and bad variability, Involvation has developed the Wheel of Five for Supply Chain Management. This second in a series of five cases about the tool examines absorbing variation. Of the five principles in the Wheel of Five, ‘Absorb variation with stock and/or time’ is possibly the one...
The SCM webinar on Supply Chain Resilience was held on Wednesday 2 December. It was moderated by Martijn Lofvers (Supply Chain Media) who interviewed Alfons Willemsen, a partner at Involvation. The webinar was inspired by an article that Alfons wrote in early October (Read here: supply-chain-resilience-hype-or-lifestyle). As underlined by the...
The tenth final of the event known as ‘The Fresh Connection Global PRO Challenge’ was held last month. In this Global PRO Final, 20 company teams from all over the world compete for the title of Global Supply Chain Management Champion plus an illustrious prize: an intensive four-day executive course at MIT in Cambridge, USA. Four demanding...
Selecting a new Sales & Operations Planning (S&OP) solution has major implications for a company. A ‘wrong’ or suboptimal choice can have long-lasting consequences for both the implementation project and the business itself. The potential impact, whether positive or negative, is generally substantially greater than any time and money spent on a...
To help organizations recognize and successfully deal with good and bad variability, Involvation has developed the Wheel of Five for Supply Chain Management. This article provides an introduction to the tool. In many boardrooms, the mantra is to improve service while reducing costs. That’s easier said than done, especially when forecasts are...
To help organizations recognize and effectively deal with good and bad variability, Involvation has developed the Wheel of Five for Supply Chain Management. Following on from the introduction, this article outlines the first case study illustrating a Wheel of Five guideline: ‘Avoid overload’. If it’s no longer possible to guarantee on-time...