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9 Tips For Effective Warehouse Inventory Management

By planning your space effectively, you can create the most efficient routes for your staff and stock, thereby saving money and time.Bin locations are a way to divide up segments of your warehouse, as a form of geographical map of [...]

Technology Helps Brands Grow Beyond

In the 2018 National Manufacturing Outlook and Insights report, manufacturers expressed remarkable optimism for their industry and businesses in 2018. More than half of those that responded to the survey that generated the report indicated that they expected growth within [...]

What is material requirements planning (MRP)?

Orlicky's ideas spread rapidly throughout the manufacturing sector after the 1975 publication of his book, Material Requirements Planning: The New Way of Life in Production and Inventory Management, and by the early 1980s, there were hundreds of commercial and homegrown [...]

Managers and Leaders: What’s the Difference?

Take a moment to consider a wonderful leader that you have met in your life. That person could be a famous personality, perhaps a Martin Luther King, a Mahatma Gandhi, a Ronald Reagan, or a John F. Kennedy. Perhaps the [...]

NextGen Supply Chain: What’s in your cloud?

Some say that cloud will be the most impactful NextGen technology in the supply chain for the foreseeable future based entirely on its use as a backbone of data interchanges.Instead, companies deep into supply chain applications are developing their own [...]

Why Sales Must Work Together with Demand Planning: A Tale of Missed Opportunities and Unrealistic Expectations

This requires a few things: a robust forecasting process and demand planning function; regularly updated forecasts; a culture whereby Sales contributes with insights on changed assumptions based on the latest information; and for Sales operations to be closely connected with [...]

The Future of Inventory Management: Five Predictions

For many companies, inventory management is where all the elements of the supply chain converge. Inventory may be seen as the bloodstream of any competitive business. Its unobstructed flow is critical to the well being of any organization that trades [...]

46% of Companies are Making this Mistake When it Comes to S&OP

Consumers are fickle. It’s a fact. According to a recent research by Accenture, people report switching brands more than they did a few years ago, despite the fact that brands are investing $90+ billion in loyalty programs. As channels expand, [...]

How Automation Is Transforming the Supply Chain Process

While many businesses view a fully digital supply chain as a pipe dream, they can start their journey through a small and non-intimidating step: implementing workflow automation. Starting small with workflow automation allows organizations to streamline simple manual process like [...]

The 4 Forces Transforming Logistics, Supply Chain And Transportation Today

Few industries or business functions are experiencing as much disruption as logistics, supply chain and transportation. 

The Forecast and the Plan: What’s the Difference?

Imagine a new professional, walking into her first Sales and Operations Planning Meeting at the multinational corporation who hired her only a few weeks earlier. This is a big moment for the new employee. The meeting might be awash with [...]

What is the difference between logistics and supply chain management?

Logistics is part of supply chain management, but the two terms are often used synonymously. Here is a quick explanation of how these two are different.

Demand Management: Linking the Market to Operations Management

All businesses, whether they be commercial, profit-seeking companies or not-for-profit altruistic enterprises, manage demand. It is so common, that we might not even be aware that we are doing it. We do it in our everyday lives, as we manage [...]

Data—Our New Natural Resource

As I walked the floor at this year’s APICS conference and sat through a variety of educational sessions, I was reminded of a phrase I heard recently: “Data is becoming a new natural resource.” The statistics are quite mind-boggling. According [...]

Blockchain in Supply Chains: The Good & Bad

About a decade ago Satoshi Nakamato released the now famous whitepaper on Bitcoin, the most popular cryptocurrency to date. Since then, it has gone mainstream and attracted a mass of institutional and retail investors and took them on a roller-coaster [...]

4 Financial Metrics Every Demand & Supply Planner Should Know

Demand and supply planners are supporting decision-making efforts that have financial ramifications for the company. The company has many stakeholders who have a financial interest in the company with whom the management must communicate and interact. So, finance is an [...]

Confronting Disaster with Agile Supply Chains

Predictive analytics in the week prior to the arrival of Hurricane Florence onto the shores of North Carolina on September 14, 2018 estimated that at least 10,000 actual or planned truck shipments to and from coastal regions were at risk [...]

5 Ways Spreadsheets Undermine Your Forecasting and Planning Credibility

It's a scenario many a supply chain planner has faced. And it’s one everyone dreads. You’re in a meeting when a key stakeholder asks, “Where did you get those numbers? They don’t match my calculations?” Your stomach flips. Your chest [...]

What in the World is Wrong with our Forecasts?

Forecasting has been woven inexorably into the fabric of almost all companies across America over the past fifty years. It is safe to say that most business leaders would argue that high quality sales forecasting is an indispensable activity within [...]

Integrating Planning and Scheduling: How Is It Done?

Modern manufacturing operations are constantly challenged to be flexible, yet efficient. Compressed product life cycles, complex global supply chains, and fierce competition exert extreme pressures on production processes. Without tight integration between planning and scheduling, the business may struggle to [...]

The 3 reasons CIOs have become cloud-first

The move to a cloud-first strategy is being shaped by drivers that we did not originally anticipate -certainly not for cost reasons
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