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…
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 large audience of around 50 viewers…
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.…
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 delivery, the system is…
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 always wrong, plans…
