article thumbnail

What Caused the Baby Formula Shortage + 7 Ways Consumers and Companies are Coping

ToolsGroup

There are Five Symptoms of Outdated Forecasting and Inventory Planning Software: Have you diagnosed your problem– and solution–to improved demand planning? When still struggling to find formula, parents are calling local food banks for further assistance. Liquid formula products were not included in the recall. Image source: MTL Blog.

article thumbnail

Why Companies Need a Supplier Relationship Management Strategy

GlobalTranz

Because of this, businesses are finding it challenging to forecast demand and therefore they risk escalating inventory costs or stock outs. Irina holds an MBA from Brandeis University and BA from Cleveland State University. Omni-channel shopping has given customers a wider selection of goods and a platform for price comparison.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

ERP Sustains Manufacturing during COVID-19

IQMS

a leading manufacturer headquartered near Cleveland, OH. Mar-Bal’s teams can access their DELMIAworks manufacturing ERP system anywhere from their mobile phones, tablets, or laptops to see which jobs are running, determine the inventory stock Mar-Bal has on hand, or check on order status and completion progress within seconds.

article thumbnail

S&OP, a vision for the future. The expert interview series #5

Supply Chain Trend

Jon: In 1990 I was leading a Booz Allen team launching a start-up division of world’s largest snack food company. We pulled in all a colleague out of our Cleveland office “Don” (a near retirement manufacturing expert) for some additional perspective. Niels: Can you describe your first involvement in S&OP?

S&OP 60
article thumbnail

How does Crisp detect retail voids?

crisp

Work effectively using only sales data (since not all retailers share other types of data, such as inventory). As a result, it takes sophisticated analysis to be able to identify what is actually a void. With these criteria in mind, we began to look into possible solutions. Prototype 1: Anomaly Detection.

Retail 97