InventoryManufacturing TipsSupply Chain What Is Decoupling Inventory? Decoupling inventory is the strategic buffer stock of subassemblies and WIP that could be used when suppliers are unavailable, when there are internal disruptions like machinery breakdown, or when demand is greater than expected. It allows companies to prevent all-around stoppages and mitigate the bullwhip effect. By Madis Kuuse 7 min read
Manufacturing TipsSupply Chain Vendor Management – An Essential Guide for SMEs Vendor management is a set of tools that companies use to ensure profitable and efficient relationships with their suppliers. Coming a long way from traditional phone calls, faxes, and emails, today even small businesses have started to utilize software to manage their communication with vendors. By Karl H Lauri 8 min read
Manufacturing TipsSupply Chain How to Manage Supply Chain Disruptions? The world has experienced historic supply chain disruptions during the last years. From trade wars and COVID-19 to semiconductor shortages and the Suez canal blockage – there are few industries that have not been affected. The lesson learned is to be better prepared and to remain flexible. By Karl H Lauri 9 min read
