Muhammad Shafiq Shani

Can a Business Have Too Much Inventory?

Storing inventory comes with costs that are felt by many departments of a business, not just the operations department. Having a large amount of inventory may seem like a good thing; increased availability, purchasing discounts and not having to wait for supplier deliveries…  However, having too much inventory can result in disruption to workflow, increased […]

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The Kingman Formula in Capacity Planning / Capacity Management

What is the Kingman Formula? The Kingman Formula (or Kingman Law) is a mathematical relationship from queueing theory, applicable to systems with capacity and demand. It shows us the relationship between queue time (wait time) and capacity utilisation. Want to learn more about Operations Management? Access the FREE mini training course: THE FORGOTTEN FUNDAMENTALS OF OPERATIONS

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Capacity Planning: Reducing Causes of Lost Time

What is ‘lost time’? ‘Lost time’ refers to the losses, (both planned and unplanned), that contribute to the difference between the design capacity (theoretical capacity) and effective capacity (actual capacity) of a system. The design capacity of a system is the maximum output rate that could be achieved in ideal circumstances, and the effective capacity

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What is the Difference Between “Design” Capacity and “Effective” Capacity?

Definition of Capacity The (output) capacity of an operation is the maximum amount of value-adding output (per time period) that can be sustained under normal operating conditions. Capacity can be measured in many different ways across many different industries, typically as a unit of output per a unit of time. There is no one-size-fits-all capacity

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What is Capacity Planning in Operations Management?

‘Capacity’ Definition in Operations / Supply Chain The (output) capacity of an operation is the maximum amount of value-adding output (per time period) that can be sustained under normal operating conditions. Capacity can be measured in many different ways, across many different industries. This is not the same as volumetric capacity nor the common expression

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What is Demand Management? Demand Planning in Operations & Supply Chain Management

What is ‘Demand’? In Operations Management? In the context of operations management, the word ‘demand’ can mean either what the whole market wants, or what the customers of a specific business want. For operations managers, the latter is usually more interesting. For example, the global market demand for cars is approximately 70 million cars per

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Choosing Batch Sizes and One-Piece Flow

Selecting the process batch size and transfer batch size has a huge impact on making your business operations more “Lean”. Batch sizes directly affect the quantity of work-in-progress inventory moving through your operations, it affects your system’s throughput time, changeover times and ultimately your customer lead times too. Prefer video?.. watch my  YouTube blog version.

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“SMED”: A Lean Operations Superpower for Changeover and Cycle Time Reduction

What is SMED? “SMED” is an improvement tool methodology for analysing and reducing changeover times and cycle times. It is a way of studying the current method, breaking it down into its sub-parts and systematically evaluating each of them through a process of sequenced steps in order to dramatically reduce the overall time of the

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