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The Latest News and Thoughts from the RSI Team
Value Beyond Inventory Cost Savings
How RSI is Helping a Highly Successful Manufacturer of Engineered Surfaces Realize Value Beyond Inventory Cost Reduction.
Optimizing More than Inventory
How RSI is Helping a Highly Successful Healthcare Distributor Optimize Service, Inventory, and their Distribution Footprint
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.
Business Analytics in Action
Hubbardton Forge (HF) is one of America’s oldest and largest continuously-operating commercial forges. They design and manufacture innovative lighting solutions in Castleton, Vermont where they started in 1974. Creative designers and skilled manufacturers collaborate to handcraft premium lighting solutions. Innovative designs and high quality products are the hallmark of this company. The Hubbardton Forge motto is: “Reliable. American. Makers.” This serves as an overt reminder of the pride they take in their reliable lead times and dependable delivery performance. HF customers have come to expect great products that arrive on time, when promised.
RSI and Gartner 5 Pilot Models
New, commercially available supply chain planning technology is an ever-expanding market. This includes Right Sized Inventory’s (RSI) predictive analytics model for item-by-item inventory optimization. Is RSI right for you? How do you ‘try before you buy’?
Proven Success: How Right Sized Inventory can Save your Business Money
When your company is in the process of evaluating new partners, it's important to ensure they have a track record of success. Therefore, let us provide you just one of many examples of how we deliver value to our clients. Recently, Right Sized Inventory onboarded a new client. Within the first four weeks of rolling out our patented predictive analytics inventory optimization technology into their supply chain we were able to demonstrate $2M in savings. With that kind of ROI, you can be confident you're working with the right partner.
The Importance of Replenishment Lead Time Variation in Inventory Planning
Inventory planning is a vital process for companies that want to minimize risk and maximize profit. It can be difficult, however, to create an accurate inventory plan when there are so many variables in the equation. The complexity of inventory planning increases exponentially when replenishment lead time variation is not taken into account. In this blog post, we'll explore why replenishment lead time variation should be included in all inventory plans.
What does Elon Musk think about Supply Chain?
“The supply chain stuff is really tricky.” ~Elon Musk, CEO of Tesla and SpaceX
A concept that might be tricky, is something called the bullwhip effect.
Bullwhips are tools that are used to make animals move. They are used to create a small sonic boom and can be dangerous to the animal or anything in the way. A bullwhip has a large handle, with a tapered lash, that varies in length. Then at the very end of the whip is a popper. The handle is moved, and the physical waves move progressively faster when the whip is flicked until they end at the popper, which provides a loud popping sound, moves incredibly fast, and is quite dangerous.
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.