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My Biggest Mistake: Inventory Levels are the Thermometer for the Management of the Company

Arkieva

As a Phd in inventory optimization, I’ve started my supply chain career in adjusting inventory parameters with surgical precision. Calculating inventory parameters, using Linear Programming to optimize planning. This week I had a workshop where we made a fishbone diagram of what drives excess inventory and/or stock-outs.

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Inventory Management Techniques That You Need to Know About

EMERGE App

Not Another List of Inventory Management Techniques. I want to start by saying that this is not an exhaustive list of all the possible inventory management techniques available for all industries. What we will cover are practical inventory management techniques that: Our customers use; and. Downside of Inventory Mismanagement.

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Achieving the Best Outcomes with Change Management

QAD

Vision Workshop: Identify areas for optimization and recommend alternatives for realizing quicker gains. The post Achieving the Best Outcomes with Change Management appeared first on QAD Blog. The metrics that best measure the customer’s performance against its goals are mapped to QAD solutions’ functionality.

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What is Supply Chain Planning Software and How Can it be Used Effectively? Part 1

DELMIA Quintiq

In this blog series, I’ll take a look at the current state and future evolution that can be expected within the world of supply chain planning software through the lens of Dassault Systèmes DELMIA. Look for Part 2 of this blog series next week , The optimization of this plan is the intention of production scheduling.

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The Supply Chain “Change” Dilemma!

Kinaxis

A few weeks ago, Charles Wehlage wrote a blog post on his take on The Innovators Dilemma. Also, pushing the organizational supply chain change issues to a set of mere “team building” workshops will not suffice either. Part 3: SMAC in the Middle of Supply Chain Change. What are your thoughts on this matter? Comment and let us know.

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Integrated Supply Chain Planning – The Number 1 Opportunity

Enchange Supply Chain Consultancy

So we held a workshop. The benefits for the producer will be finished goods inventory reductions and a reduction in month-end sales peaking. I will deal with this in my next blog. How, we wondered, could this client achieve a step change improvement in financial performance? Our conclusion? The response was very positive.

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Step Two: Stage Five Supply Chain Planning System of Record (SCP SOR)

Kinaxis

In my first blog I wrote about the first step to reaching a Stage Five Supply Chain Planning System of Record (SCP SOR) which was securing the right talent. Inventory Management. Proof of concept workshops provide you the confidence you need to make the right decision. by Carol McIntosh. SCP SOR Building Blocks. Demand Planning.