You're facing a sudden surge in demand for inventory. How do you decide where to allocate resources?

Before reallocating resources or scaling back on less profitable products (which could trigger customer issues), I’ve found that most companies have latent capacity due to poor OEE or low “net to gross” ratios within their manufacturing processes or supply chain. My strategy would be to immediately move towards Kaizen activities to improve output of existing processes before compromising customers and the business.

In order to mitigate the sudden spike in demand for inventory with my current team, I will follow following steps- 1. Prioritization - Based on highest customer impact. 2. Profitability - High profitability customers first 3. Strategic importance - Ensure the last mile delivery. 4. Focus on critical inventory - Focus on A class & B Class inventories to mitigate minimum impact for deliveries. 5. Communicate - Transparent comm's with key stakeholders to ensure timely decisions. Hope this helps ! Nitin

Allocation of resources effectively & optimally during a surge in demand requires a combination of strategic prioritization, operational efficiency, and effective communication. By focusing on high-impact areas, leveraging technology, optimizing supply chain operations, and maintaining flexibility, you can meet increased demand while minimizing disruptions and maximizing profitability.

Here are the top five steps to allocate resources during a sudden surge in demand: Prioritize Key Customers: Focus on fulfilling orders for your most valuable and urgent customers. Maximize Inventory Utilization: Allocate resources from locations with the highest stock and quickest replenishment. Ramp Up Production: Increase production or adjust schedules to meet the surge. Optimize Distribution: Streamline your supply chain to reduce delivery times to high-demand areas. Engage Suppliers: Work closely with suppliers to expedite procurement or secure alternative sources. These steps help you respond quickly and efficiently to increased demand.

I'm very leary of high spikes in demand they are most likely a one hit wonder. So I start by simply reviewing our current demonstrated capacity and through put time. Then overlay the spike on what is already planned and scheduled for future orders. The data usually speaks for it self and what may seem like a great opportunity takes on a look that may have serious consequences to our core process. There are many hidden costs incurred when we bite off more than we can chew and who really suffers when thee inevitable hiccups occurs. Don't get pushed into a bad decision.

Inventory management helps companies identify which and how much stock to order at what time. It tracks inventory from purchase to the sale of goods. The practice identifies and responds to trends to ensure there's always enough stock to fulfill customer orders and proper warning of a shortage

Revisar seu inventário é essencial para uma gest?o eficiente de produ??o. Comece avaliando os níveis atuais de estoque para obter uma vis?o clara do que está disponível e do que está em falta. Isso permitirá determinar as a??es imediatas necessárias para otimizar seu processo de produ??o. Na minha experiência, priorizar itens que podem ser reabastecidos rapidamente ajuda a atender pedidos com agilidade. Para itens com prazos de entrega mais longos, explore alternativas como pedidos pendentes ou parcerias com fornecedores para acelerar a entrega. Tomar decis?es informadas nesta etapa é crucial para otimizar o giro de estoque e atender à demanda de forma eficaz. ????

"Evaluate inventory levels to identify shortages. Prioritize quick restocks, consider backordering or supplier partnerships for longer lead times to optimize turnover and efficiently meet demand."

Capacity Analysis is an essential element of operational planning and management. Understanding the maximum level of output an organization can produce helps align production capabilities with demand forecasts. This ensures that an organization can meet customer demands promptly without overstretching or underutilizing its resources. Capacity Analysis can also highlight potential bottlenecks or capacity constraints that could limit production, allowing for proactive measures to increase capacity or improve efficiency. It aids in decision-making concerning resource allocation, staffing, equipment purchase, and identifying when and where expansions are needed. Ultimately, effective Capacity Analysis helps maximize efficiency and profitability

Analisar sua capacidade de produ??o é fundamental para atender a um aumento na demanda. Avalie suas opera??es atuais para identificar gargalos que podem impactar a produ??o. Verifique se o maquinário existente é adequado ou se é necessário adquirir equipamento adicional. Na minha experiência, também é essencial considerar a for?a de trabalho: você tem trabalhadores qualificados suficientes ou será necessário implementar horas extras ou contratar pessoal temporário? Compreender seus limites de capacidade permite tomar decis?es alinhadas com suas capacidades operacionais e objetivos estratégicos, garantindo uma resposta eficiente às demandas do mercado. ????

When a key supplier notifies you of a demand surge, it's critical to respond strategically. Supplier sourcing, the process of finding and vetting suppliers for goods and services, becomes even more important when demand spikes. You must ensure that your supply chain remains robust and responsive.

Comece analisando os pontos de gargalo na sua linha de produ??o. Após identificar esses pontos, implante processos e melhorias para melhorar o processo produtivo. Ter conhecimento dos tempo da sua linha de produ??o. Sabendo os tempos de setups e limpezas de linha.

ERP systems are often implemented with short comings based on the price tag, which leaves organizations in situations like this. First, understand your ERP capabilities and data, whatever you are collecting from it, analyze it to discover "what you really know". Then check for your CRM or equivalent practice, market research, and lastly, your supplier management data. Supplier-Inventory-Ops efficiency - Customer/market pattern are the key. If you have no data you are going to have to prioritize based on customer/product criticality. If you have been collecting data and done nothing with it, now is the time. You may even have kanbans with suppliers and have not taken full advantage of the practice; learn what you know, and mind your data

Go deep with suppliers. ... Make decisions at the factory. ... Pre-sell to customers. ... Put some of the onus on the customer. ... Outsource surge fulfillment. ... Improve delivery time by filling orders from the back of the store. ... Ramp up reverse logistics.

Desenvolva um programa de manuten??o robusto e eficiente. Realizando manuten??es preventivas e preditivas. Crie um estoque de pe?as de reposi??o. Desenvolva estoque de risco com fornecedores parceiros. Realize análises de vibra??o e termometria nos equipamentos da sua linha de produ??o. E tenha uma equipe muito bem treinada para agir nos momentos de press?o.