Remove Distribution Remove Eliminating Excel in Purchasing Remove Inventory
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Inventory Management: Why Excel Is Holding You Back

ToolsGroup

If you’re managing inventory with spreadsheets , you’re not alone—but you might be falling behind. While Excel has long been a go-to for planners, the landscape has changed. In this dynamic environment, inventory management powered by spreadsheets is no longer a viable strategy. But familiarity doesn’t equal effectiveness.

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How Can You Improve Value in Your Supply Chain?

Supply Chain Shaman

In current systems where Distribution Requirements Planning (DRP) and Transportation Management (TMS) are different models, alignment is impossible. I observe that organizations are unclear on outcomes and the definition of supply chain excellence. Supply chain excellence should be about driving value. You are right.

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Probabilistic Forecasting: The Future of Supply Chain Planning

ToolsGroup

Probabilistic forecasting is revolutionizing demand forecasting, supply planning, and inventory optimization by significantly improving forecast accuracy and decision-making across distribution networks. Enhancing Inventory with Probabilistic Forecasting A supply chain is a complex ecosystem influenced by dynamic variables.

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L’Oréal: A Case Study in Supply Chain Excellence

Supply Chain Shaman

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. Orbit Chart for L’Oréal at the Intersection of Inventory Turns and Operating Margin. Growing Pains.

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Inventory Life Cycle: Your Guide to Master Inventory Management

SCMDOJO

Leveling up your inventory life cycle can be crucial, but keeping all the fundamental factors jumping is essential to let the life cycle evolve. However, if the life cycle stock is healthy, inventory management is smooth. Inventory management revolves around the pivotal concept of the product life cycle. Click here!

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Just Jump

Supply Chain Shaman

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. Lack of executive buy-in.

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Demand Planning: Whipped And Chained by Tradition

Supply Chain Shaman

If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? The issues are largely rooted in politics and the lack of clarity on supply chain excellence. The distribution models were never tested when implemented. The reason?