tag:blogger.com,1999:blog-5167539222502940808.post3726655980326082313..comments2024-03-28T03:16:54.235-04:00Comments on A Lean Journey: Lean Quote - Inventory Buffers A Lack of InformationTim McMahonhttp://www.blogger.com/profile/07780727768370988177noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5167539222502940808.post-50130532537124209942010-12-05T20:43:41.264-05:002010-12-05T20:43:41.264-05:00Rob, You are certainly right on with frequency. ...Rob, You are certainly right on with frequency. That can have a bigger impact than lead time alone. <br /><br />Thanks for contributing to this post.Tim McMahonhttps://www.blogger.com/profile/07780727768370988177noreply@blogger.comtag:blogger.com,1999:blog-5167539222502940808.post-39402790960143095872010-12-04T16:55:18.755-05:002010-12-04T16:55:18.755-05:00Tim,
Two comments:
1. I think it's better to r...Tim,<br />Two comments:<br />1. I think it's better to replace lead time with interval, as you can order daily with a lead time of a week, and still require only half a day cycle. Too often I see lead time being used as that is in the text books, but it's all about frequency (or interval as in EPEI).<br />2. I see Art sees forecast/MPS errors as driving buffer stock. In pull flow it will only be demand variability and this only at the FG level as upstream you'll have smoothed it through the heijunka board. So no forecast error impact on stock as in traditional supply chains policies.<br />Best regards,<br />RobRob van Stekelenborghttp://twitter.com/leanstekelnoreply@blogger.comtag:blogger.com,1999:blog-5167539222502940808.post-3112124288277400432010-12-03T13:37:40.417-05:002010-12-03T13:37:40.417-05:00Tim,
Great post. This calls to mind the Operatio...Tim,<br /><br />Great post. This calls to mind the Operations Management Triangle (or Lovejoy's Triangle) in which Inventory, Information, and Capacity sit at the three vertices. A deficiency in any one of the 3 can be made up for with more of the other 2. I see this at work everyday, but I'm suprised how little this simple concept gets talked about.KaizenNotebookhttps://www.blogger.com/profile/16396482264279447680noreply@blogger.comtag:blogger.com,1999:blog-5167539222502940808.post-62806101121591729532010-12-03T12:44:59.836-05:002010-12-03T12:44:59.836-05:00Wow. I haven't seen those visuals before. Th...Wow. I haven't seen those visuals before. Those are great. Thanks for sharing.Matt Wryehttps://www.blogger.com/profile/16128365101734450907noreply@blogger.com