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Supply Chain Planning for Dummies

An easy-to-understand guide to getting started with demand planning.
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Unlocking Hidden Value: The Worth of Supply Chain Planning

Today’s global commerce is driven by massive supply chains. This makes the process of planning a challenge. One estimate puts supply chain-related jobs at 37% of total employment in the US alone. Yet, many companies continue to look at supply…

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Forecasting Vs Demand Planning

Forecasting Vs Demand Planning Companies use a variety of tools to predict where their business currently is and where it is headed. By “reading the tea leaves”, planners attempt to ensure correct stock levels, optimize inventory control and inventory value,…

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The Delicate Balance of Safety Stock vs Safety Time photo

The Delicate Balance of Safety Stock vs Safety Time

With disruption such as COVID-19 rapidly shifting consumer tastes, market volatility, and human error, the threat of both overstock and stockouts is always present. On the one hand, companies strive to have enough stock available to manage their order position…

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6 Best MRP Practices For Manufacturers

Executive Summary: Manufacturers utilizing MRP to plan material requirements should ensure data integrity and accuracy including forecasting data, lead times, and inventory. They should also choose software that aligns with their needs, comprehend how it treats blanket orders and safety…

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Beyond Just Inventory - How Planning Impacts the Entire Company image

Beyond Just Inventory – How Planning Impacts the Entire Company

When people hear the word “planning”, many of them immediately make the connection with “inventory”. Granted, inventory strategy is a critical part of a company’s overall health. But planning today encompasses much more than just inventory. It covers the entire…

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Consumption-Based Planning – Danger Ahead

Before we talk about consumption-based planning, here’s a cautionary tale. On dark, curvy roads during bad weather, warning signs and lights are critical in helping prevent accidents. If the signs are too close to the curve, momentum and slow response…

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Supply Chain Planning in a Recession

Even before COVID-19 brought unprecedented disruption to supply chains, business leaders were expecting a recession. In 2019, Bloomberg estimated a 26% chance of a recession for 2020. Now that this is likely for the remaining balance of the year and…

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