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Five Reasons Why Are We Not Making Progress on Inventory Management

Supply Chain Shaman

At the session, we discussed why companies have not made more progress on inventory management. I was speaking to a frustrated CFO last week that said, “If I had 1% of the money spent on technology to improve inventory management, I would be a rick man.” Most planning happens in Excel Spreadsheets.

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10 Inventory Management Software Features for Modern Businesses

RFgen

Choosing the right inventory management software , often referred to as an inventory control system, can be the difference between a well-oiled, profit-generating operation and one plagued by costly mistakes and inefficiencies. Modern inventory management solutions have evolved far beyond basic stock counting.

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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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How Do We Stop Buying Planning Software the Wrong Way?

Supply Chain Shaman

“We are considering the purchase of Blue Yonder, Logility, Kinaxis, o9, or OMP. How do you define excellence in planning? Companies that buy technologies from an RFP process have a high likelihood of ending up in this predicament. Buying planning software is a lot like buying a car. ” Lora. “ Joe.

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Manufacturing ERP Software Comparison: Guide to Buying in 2025

RFgen

Think of it as a single source of truth for everything from production planning and inventory management to financials, supply chain, and even the shop floor. JD Edwards EnterpriseOne: This platform specializes in discrete manufacturing , excelling in areas like shop floor control, quality management, and detailed product costing.

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Supply Chain Leaders Rearranging Deck Chairs? Yes, I Think So.

Supply Chain Shaman

Excellent firms don’t believe in excellence – only in constant improvement and constant change. What Is Supply Chain Excellence? My second observation is that for 96% of public companies supply chain excellence is slip-sliding away. Reflections on Excellence. Tom Peters. Here, in this blog, I explain.

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Uh-Oh! Insights On How P&G Failed And What This Means For You

Supply Chain Shaman

Supply chain excellence is easier to say than to explain. Keith led the work to move P&G from a regional to a global manufacturer opening up the Warsaw center of planning excellence and outsourcing IT to HP. Keith was an undisputed leader in building talent to drive manufacturing excellence. The reason? Discontinued in 2011.