2 ms·
I meant 2 months more as a floor across a majority of items(and it’s been a long time since then so there’s a certain amount of rounding). Production wanted to
by Guest42 6y ago
I meant 2 months more as a floor across a majority of items(and it’s been a long time since then so there’s a certain amount of rounding). Production wanted to eliminate shortages whereas executives and accountants wanted to optimize turn rates while claiming to care about shortages.
Overall, each of the projects had around 2000 unique parts (at least for what this particular plant was making). Occasionally, newer contracts would get a much higher prioritization and could grab parts (and employees) from older projects. Another scenario that would lead to extra demand was having test failures on a project that was nearing design freeze.
I ended up changing industries to financial services, but will always have a deep respect and appreciation for what went into those projects.
- hef19898 6y agoThe funny thing is, that aiming for inventory levels, or certain levels across the board, can increase the likelihood of shortages. Higher stock means larger production lots and longer lead times. If for some reason your planned production / procurement doesn't match demand, almost a certainty with large production runs, one part cart run out of stock. And the large production runs make replenishment of this part difficult.
- Guest42 6y agoIt was a very fun game that required knowing the capacity of each supplier and their suppliers as well. The sales orders had to get matched up with airplanes and sometimes the planes would have shortages that would then instantly changes years' worth of scheduling. Overall I felt like there were a number of good strategies but that sometimes the strategizing interfered with the execution. Peoples tenure and the projects they went through often influenced their notion of ideal. By the time I started getting comfortable understanding these things, it was time to get a new job.