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Seven Misconceptions on Managing Inventory in a Market-Driven World

Supply Chain Shaman

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions.

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Aligning Supply Chain Metrics to Improve Value

Supply Chain Shaman

When I was an analyst at AMR Research (purchased by Gartner in 2010), I used the framework shown in Figure 2, as a framework to discuss supply chain excellence. Figure 2: AMR Research Hierarchy of Metrics First Published in 2005 Demand error is at the top of the Gartner hierarchy. The definitions are at the bottom of this blog.

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This Week in Logistics News (June 24-28, 2013)

Talking Logistics

Another crazy Friday morning, now with the kids out of school, so let’s go straight to this week’s news: JDA Announces Major Enhancements to Workforce Mobility, All-Channel Commerce Solutions. HighJump Software Enhances HighJump Warehouse Advantage Express Offering to Meet Increased Demand in SMB Marketplace.

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How Manufacturers Can Take Control of Inventory with RFID Technology

QAD

As I discussed in a recent article in RFID Journal , RFID technology has changed a lot since 2005 and could be the secret to ensuring greater visibility and inventory accuracy this year. The Department of Defense began requiring suppliers to use RFID tags in 2005 and many major companies have followed suit. ” My takeaway?

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The Journey of Enterprise Resource Planning (ERP) in Manufacturing

Jaggaer

Origins of ERP ERP is a software system that helps organizations streamline their core business processes. It evolved from material requirements planning (MRP) and later manufacturing resource planning (MRP II), which were already being used in manufacturing industries to manage production and inventory.

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My Take: E2open Buys Terra Technology

Supply Chain Shaman

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. The initial software product release name was Real-Time Forecasting. The product naming convention changed to Demand Sensing (DS) in 2005. Terra Technology is 15-years old.

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Is Your Supply Chain Recession Proof? A Guide for Building a Resilient Supply Chain

SCMDOJO

Businesses may struggle to balance inventory, increasing the likelihood of either overstocking, tying up valuable capital and incurring storage costs, or understocking. Double-Edged Sword of Inventory Management: Declining demand presents a significant dilemma for inventory management. scenarios of -20% and +20% change).