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The Latest News and Thoughts from the RSI Team
Welcome to the Smoke Show
What happens when you combine delicious slow cured and smoked meats with expert supply chain management and inventory support? A business that is truly on fire! Smoking Goose brings meat, salumi, and sausages prepared with “old world craft and new world flavor” from their home in Indianapolis. Chris Eley, founder and owner of Smoking Goose opened up shop in 2010.
How a few of our clients are leveraging Right Sized Inventory's patented technology in new and different ways to solve complex supply chain problems
There is no doubt that supply chain planners face a lot of challenges on a daily basis. They are constantly trying to find ways to improve their operations and stay ahead of the competition. This is why it is so important for them to leverage innovative technology.
Should You Hire & Fire Fast? Short Answer: NOPE!
Have any of you ever lived and breathed in a company where the motto was: hire and fire fast? I’m sure you have, and I’m positive you’ve experienced the downsides of the approach. We’ve all heard the common reasons for having to move fast in the hiring process.
Are You Overburdening Workers and Introducing Risk?
Five months into the COVID-19 pandemic I’d had countless conversations with supply chain executives across the globe discussing how they were pivoting operations to deal with the impact. It was clear that due to unavoidable resource reductions, most or all supply chain professionals were being overloaded with additional responsibilities.
Reorder Points, Minimum Order Quantities, and Toilet Paper?
One of the challenges in supply chain is often-times we use the same terms to describe different things. “Safety Stock” to one person or company might be a “Reorder Point” to another. Other people might describe a “Minimum Quantity” when what they are really describing is a “Safety Stock”. That is why it’s critically important at Right Sized Inventory (RSI), when we first meet with clients, to clearly define terms and vocabulary.
Is a higher service level ALWAYS the best option for inventory optimization?
A common Key Performance Indicator (KPI) when it comes to inventory optimization is some measure of “availability” of an item when it is needed by the customer. In simple words, service availability means “What percentage of the time was an item available when a customer needed it?”
Right Sized Inventory 2020 Reflection
As 2020 draws to an end, we are reflecting on what an unprecedented year it’s been. Our hearts go out to everyone impacted by COVID-19 and wish to express our sincere thanks to all the front line workers around the world for their tireless efforts fighting this pandemic.
Schedule a Call
Find out if Right Sized Inventory is right for your business and inventory needs. Set up a call with one of our team and we’ll walk you through a demo, identify trouble spots in your business, and see how implementing RSI can transform your business through data-driven inventory optimization.