Manufacturing Industry
CPG seeks virtuous circle: Wells Lamont, Wise Foods adopt nimbler planning that closes loop with execution.(Cover Story)
Manufacturing Business Technology, May, 2005 by Michel, Roberto
Concepts like closed-loop supply chain management and event-driven forecasting might have a grandiose ring to them, but they translate into concrete benefits for those who put them in practice in retail supply chains. Just ask Steve Bartok, corporate demand-planning manager for Wells Lamont.
The Niles, Ill.-based glove manufacturer deployed a demand-management system last year that made it easier to integrate market intelligence with the forecasting process, and send exception reports to purchasing and production managers. One result, says Bartok, is less expediting on the supply side of operations. "We can't have a static, once-a-month demand-planning process," says Bartok. "A key business challenge for us--as with most suppliers to retail--is the...
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