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Seven Misconceptions on Managing Inventory in a Market-Driven World

Supply Chain Shaman

Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” There are too few people in the world who are really knowledgeable about inventory management software tools. However, let’s face facts.

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Was Integrated Planning a Hoax?

Supply Chain Shaman

However, what is clear from our recent study of 73 manufacturers using supply chain planning is that companies using best-of-breed solutions implement faster, achieve a quicker Return-on-Investment (ROI), and are more satisfied. Today, in many organizations, these solutions are legacy. Was it intentional? Or accidental?

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The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI

GlobalTranz

When I was Materials Manager at Maricopa County, Arizona, the second largest county in the country, I introduced Vendor Managed Inventory. No Purchase Orders were used. “We also look forward to opportunities to reduce the overall cost and effort of VMI by choosing a more streamlined solution.”

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Do No Harm…

Supply Chain Shaman

(I sometimes wonder if I should create a new class of technologies for the network design tools because they have changed so much.) These tools allow us to look at sell, source, make, and deliver together. I would build an expertise system in the Supply Chain Center of Excellence. I believe that it matters.

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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

Solvoyo’s Solution Bugaboo: something that causes fear or distress out of proportion to its importance. Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. Would better forecasting accuracy be a good thing? Absolutely!

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Beer Marketing Strategies in a Global Pandemic and the Best 5 Tactics Heading into 2021

Unleashed

It ensures consistent repeat purchases over time, regardless of price, convenience or even a global pandemic. It aimed to provide brewers with the tools to make the beer at the lowest possible cost. Support your marketing efforts with brewery software. Brand loyalty is a key factor in customer retention.

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50 expert tips on logistics planning and strategy

6 River Systems

Create an adaptive unified buying process. “If you look at the typical buying process, it is bifurcated based on geography. If I am going to buy goods from this geography, then I use this process. ” — Sue Welch, CEO of TradeStone Software, as quoted in A Unified Supply Chain , Forbes; Twitter: @Forbes.