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Inventory Management: Why Excel Is Holding You Back

ToolsGroup

While Excel has long been a go-to for planners, the landscape has changed. Let’s explore why relying on Excel could be costing you more than you realize. Why Spreadsheets Are Failing Inventory Management Excel feels familiar. If you’re managing inventory with spreadsheets , you’re not alone—but you might be falling behind.

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Supplier Onboarding is Core to a Digital Supply Chain Transformation

Logistics Viewpoints

Molexs story is interesting because they excelled at overcoming these cultural issues. The most common form of trading partner collaboration is purchase order collaboration. With PO collaboration, buyers send digital purchase orders over the network to suppliers or other trading partners. The buyers dont report to Mr. Gainsford.

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Patterns Tell the Story of Supply Chain Excellence

Supply Chain Shaman

We purchase data from Y charts. (A Studying Performance of the Gartner Top 25 Award Winners Plotting corporate patterns against peer group performance through orbit charts enables a quick understanding of supply chain excellence. As an aside, I do not think that Lenovo is an example of a supply chain excellence.

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How Can You Improve Value in Your Supply Chain?

Supply Chain Shaman

I observe that organizations are unclear on outcomes and the definition of supply chain excellence. Instead, traditional planning approaches optimize functional metrics like Safety Stock (versus the form and function of inventory), Operational Equipment Efficiency (OEE), Purchase Price Variance (POV), and Functional Costs. The reason?

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L’Oréal: A Case Study in Supply Chain Excellence

Supply Chain Shaman

The Company;s senses consumer preferences to change and align their portfolio to deliver personalized products for purchase anytime and anywhere. With a keen focus on the customer, L’Oréal senses and uses customer sentiment. This has pushed the company to hyper-connectivity with the final consumer.

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Probabilistic Forecasting: The Future of Supply Chain Planning

ToolsGroup

However, this approach ignores real purchasing behavior, such as customers buying complete sets of four tires. Probabilistic demand forecasting, in contrast, provides a full probability distribution, revealing actual purchasing patterns and enabling inventory planners to align stock levels with demand realities.

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Manufacturing ERP Software Comparison: Guide to Buying in 2025

RFgen

JD Edwards EnterpriseOne: This platform specializes in discrete manufacturing , excelling in areas like shop floor control, quality management, and detailed product costing. It excels in project management, project accounting, regulatory compliance management, and other industry-specific requirements.