Tag: inventories

Challenges faced by B2B retail in 2022

14 April 2022

In the post covid era, B2B Retail buyers and sellers have evolved drastically and amplified their expectations. Though they entered the digital arena through e-commerce, several B2B companies are still struggling to maintain the demand and supply equilibrium, and maintain their customer relationships.   Let’s look at the factors acting as a hindrance for B2B

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Waves of Volatility Ahead

Riding the waves of volatility

24 March 2022

In our third article of this resilient planning series, we’ve exposed the limits of the deterministic model and supported the need to move to a more resilient approach.  This paradigm drift is crucial to mitigate this uncertainty in this VUCA world properly. How exactly will this approach be beneficial to mitigate volatility?   As a

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Jean-Baptiste Clouard and Karim Benchaaboun

Flowlity Raises €5 Million: Jean-Baptiste Clouard and Karim Benchaaboun Answer our Questions

10 March 2022

Do you remember when you first started? Flowlity was launched in 2019 with COVID-19 just on the horizon! How did the crisis impact your operations? JB: The health crisis has more or less always been in the background for Flowlity. The hardest part was building our client portfolio between March and May. For those three

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e-commrce

E-commerce, ecology and continuous improvement

7 September 2021

Every year, nearly $2 trillion is lost worldwide due to poor inventory management in the retail industry.  Even if the situation was previously considered “acceptable”, everything may be turned upside down next January. Having been voted in by the French National Assembly in December 2019, new anti-waste legislation, which includes a ban on destroying unsold

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Supply chain and environmental risks

18 May 2021

Since the health crisis began, supply chains have suffered unprecedented strain and disruption. While COVID-19 has brought their weaknesses and lack of resilience to the foreground, supply chains have become more crucial than ever before. But should we expect further upheaval? According to CDP, who collects environmental data from 8,000 companies, environmental risks could directly

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Metallurgy Sector

Metallurgy sector and unexpected price rise of raw materials

1 April 2021

The first lockdown in March 2020 caused a sudden halt in economic activity and, therefore, a drop in demand, and for more than a year, many companies in the metallurgy sector have been reducing or stopping operations altogether. Although the demand is now picking up, the market is facing a new challenge: the shortage of

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bullwhip

How we killed the bullwhip effect and the beer game!

23 June 2020

Divide your inventories by 2 while decreasing shortages. What a bold statement we claim! This article aims at explaining how it is possible to achieve such outcomes with numerical simulations and simple cases. How exactly did we kill the bullwhip? We will explain below with simulations the two main differentiators of Flowlity : dynamic safety

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DDMRP

Flowlity: Why and how to divide stocks and shortages by 2?

26 May 2020

The DDMRP* method was invented by Carol Ptak and Chad Smith in 2011. I participated in the first European training session of the DDMRP in May 2013 given by Carol Ptak in Paris. I am therefore a CDDP (Certified Demand Driven Professional) from the very beginning. I was impressed at first sight by what Ms.

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inventories supply chain

The nonsense behind the current definition of inventory policies

29 April 2020

For years, the question ‘what is the right level of stock’ has been at the core of every organization. Being able to precisely determine that level allows to minimize the cost of inventory while achieving the target service level that allows to reach the desired brand positioning. However, we are forced to notice that nowadays

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