SYSPRO Smarter ERP
JUNE 6, 2022
In today’s business world, the success of a firm depends not only on its sales but also on the ability to manage its supply network and ensure it has the inventory it needs to deliver customer orders. There are ways to manage a supply chain amid disruptions but they require changes in the way the business works.
Supply Chain Shaman
MARCH 21, 2024
We explore the concept of holistic inventory strategies focused on the form and function of inventory. In the process, we learn that only 15-20% of inventories are safety stock and that the current APS frameworks do not enable a holistic analysis of the form and function of inventory.
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Logistics Viewpoints
MARCH 27, 2023
As demand forecasting accuracy increases, and the standard deviation associated with the forecast decreases, the need to hold “just in case” inventory also goes down. This leads to lower inventory carrying costs and thus better case flow. Demand forecasting should be tightly integrated to an inventory optimization application.
Vanguard Software
JUNE 22, 2021
There has been a decades-long focus on supply chain optimization, emphasizing minimizing costs, reducing inventories, and driving up asset utilization, which has removed buffers and the flexibility to absorb disruptions. Ken Miller, Director of Inventory, Fountain Tire. Download Case Study. Register Now.
EMERGE App
DECEMBER 12, 2023
For inventory management, in particular, we’ve seen how cloud apps such as EMERGE are equally at home managing the inventory of artisanal handmade jewelry, exotic car parts, and even industrial chemicals. This is not about construction management ( planning, design, and management of a building project).
Logistics Viewpoints
APRIL 4, 2024
During summer days, I didn’t mind doing inventory checks in the fridge and freezer because it meant I got to cool down. Understanding that when the weather is 5 degrees warmer than the average temperature, ice cream sales increase by 50% allows for more accurate and real-time forecasts in your demand planning process.
Supply Chain Matters
APRIL 18, 2022
The new CIO told The Wall Street Journal that one objective in her new role will be the enablement to activate inventory from across the supply chain network such that customer fulfillment can be achieved directly from retail stores or factories, bypassing the current need to first be processed by a distribution center. Additional Insights.
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