Penners
Member
- Messages
- 17,294
- Location
- Suffolk, England
Feltwell said:I think the key to Mrs P's success with the Kit Kat availability Key Point Indicator will be her demand planning ability. She clearly has many and varying factors to consider - there will be some historical seasonality but unexpected demand spikes due to domestic woes such as dishwashers breaking down could happen at any time, therefore setting the correct kitchen-level buffer stocks to ensure acceptable on-shelf availability is clearly key. Just In Time is not thought to be an appropriate model to use - the inconvenience of having to satisfy out of business hours demand with this model is too high.
However, note that she may choose to deliberately restrict availability if she recognises that certain areas of Penners plc are expanding in an unplanned, circumferential fashion.
A well-thought-through analysis, Feltwell - as far as it goes. But may I point out that Mrs P is not considered to be sufficiently well qualified to control the purchase or storage planning of Kit-Kats. Therefore I am obliged to carry out this demanding role myself. Thanks to my extensive experience and many years of trial and error, I have developed my own strategy and written my own brief, as follows:
* Buy lots.
* If lots looks like dwindling to several, buy lots more.
It's a model that has served me well, and I commend it to S&OPs everywhere.