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Category: Supply Chain Planning

Learn more about optimizing inventory in all facilities, connecting demand to supply, and how to drive your S&OP process with powerful, intuitive cloud-based supply chain planning software.

Supply Chain Planning to the Rescue – Cash Flow Management During COVID-19

During the best of times, managing cash flow can be challenging. But during long-term disruptions such as COVID-19, cash flow management can become an existential exercise. As companies look to assess the damage from the pandemic, in order to define [...]

5 Keys to Managing Supply Chain Planning in Uncertain Times

With the world having been plunged into uncertainty during the COVID-19 pandemic, a critical issue for business managers is stabilizing their supply chain to a consistent flow of components and materials. One July report by the Institute for Supply Management [...]

Beating Disruption with Digital Supply Chains

In the past, companies relied on the shared knowledge of a handful of people within an organization - and sometimes just one person - to plan and manage supply chain requirements. Supply Chain Management (SCM) consisted of phone calls, desk [...]

A Comprehensive Guide to Predictive Inventory Planning and Management

Inventory management remains an important operational feature that determines the successes and failures of enterprises especially in the manufacturing and retail industries. For inventory management, the challenges for most enterprises are similar at a basic level. The mom and pop [...]

Advanced Planning Challenges in Brownfield Facilities

The manufacturing industry relies on its legacy systems and equipment to get work done. This has been the way for decades. A report on the state of the manufacturing industry states that only 26% of manufacturing plants believe implementing new [...]

Best Practices for Resource Capacity Planning for Small and Medium Businesses

Manufacturing can be challenging in the best of conditions.  But for small and medium-sized businesses (SMBs) striving to remain competitive with large companies, their smaller size and reach mean that planning is even more crucial.   Small and medium-sized businesses often [...]

6 Questions that will Improve Your Capacity Planning Strategy

Capacity planning has always been a core strategic process in the manufacturing industries' quest to meet the demand of customers in a timely and efficient manner. Having accurate insight into your plant’s production capacity within specific durations of time while [...]

6 Tips to Improve Inventory Management through Automation

For companies with outdated or manual inventory management systems, lack of certainty about the accuracy of inventory levels can make managers and decision-makers apprehensive during busy times.  If calculations and inventory management practices are off, companies may find themselves with [...]

Strategies for Optimizing Customer Service Levels

  While every business works diligently to improve efficiency and operational excellence, at the end of the day it’s the customer who determines a company’s success.  And companies are looking for new ways to optimize customer service levels to improve [...]

The Method in the Madness – Choosing the Best Demand Planning Method

Aligning demand with supply is a critical function for any company.  And it’s one with a lot of moving parts.  The right demand plan must have a balance of inputs from all areas of the company to create forecasts that [...]

Supply Chain Planning in the Face of Rapid Change

There’s little that could properly prepare the world for the magnitude of global events such as the COVID-19 global pandemic. These situations not only impact us as individuals, but often highlight critical vulnerabilities in our business processes. Supply chain planning [...]

Demand and Supply Planning in Unpredictable Times

With everyone’s health a top priority due to Covid-19, we’re facing unprecedented times, and in many cases flying by the seat of our pants to maintain as much normalcy for ourselves and our families as possible. Now enter the workforce, [...]

How you can implement automation without going totally digital

Going completely digital is a big step that not every business is ready for. That’s alright! There are still smaller steps that can move you in that direction. Manufacturing.net said, “Starting small with workflow automation allows organizations to streamline simple [...]

Your business growth could be hiding in supply chain

78% of the businesses studied were missing significant opportunities in their supply chain. Accenture said, “The remaining 22% of companies, referred to as “Leaders,” are making smart moves in three areas — digital investments, customer-centricity and ecosystems. This is enabling [...]

One number forecasting or number one attitude?

Are you focused on one number forecasting? Some companies swear by it while others take a different approach. The Institute of Business Forecasting & Planning said, “The idea is that a one number forecast creates alignment and that the whole [...]

Seven Advantages of Integrated Demand and Supply Planning

A championship football team reaches such heights because of teamwork, practice, and a clear strategy.  Both offensively and defensively, team members are drilled over and over to work together and know the plan so that on game day, everyone is [...]

Differences between correlation and causation

Just because you see patterns doesn’t mean you should make your business decisions around them. It’s easy to find connections and mix up the two, there are even some articles that confuse correlation and causation. Do your research and don’t [...]

6 Reasons to Avoid Using Spreadsheets for Supply Chain Planning

First introduced to the business world in the late 1970’s as a computerized representation of bookkeeping worksheets, spreadsheet software has become a staple in almost every office. Used in a wide variety of industries from manufacturing to retailing to professional [...]

Demand Planning vs. Supply Planning: Balance is the Key to Success

Organizations that manage a supply chain have a number of priorities that need to be continually balanced: meeting financial goals, completing customer orders on time and in full, and keeping facilities at optimal productivity levels, to name just a few. [...]

What is CPFR in supply chain?

CPFR stands for collaborative planning, forecasting, and replenishment. The Institute of Business Forecasting and Planning said, “CPFR strategies allow aligning of multiple S&OP processes and jointly plan supply chain activities to ensure that the joint business plans between organizations are [...]

The Long and the Short of It: Variables in Managing Long and Short Supply Chain Legs

Supply chain planning can be a daunting task. And, as economies globalize at a faster rate, just keeping pace will become increasingly difficult. Studies have shown that as much as 21% of a company’s performance is impacted by its global [...]
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