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Supply Chain Planning for Dummies

An easy-to-understand guide to getting started with demand planning.
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Forecasting Vs Demand Planning image

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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17. 6 Best MRP Practices For Manufacturers image

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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How Data Accuracy in Your ERP Impacts Supply Chain Planning_image

How Data Accuracy in Your ERP Impacts Supply Chain Planning

With the seismic disruptions caused by COVID-19, many companies are looking for ways to automate and streamline their business processes and data. One way they are looking to do this is through the implementation of ERP systems. And the numbers…

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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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Three Keys to Agility

Agility is defined as ‘the ability to move quickly and easily’. And over the last few years, agile methodology has been applied to everything from project management to software development. But agility can also apply to supply chains as well.…

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Capacity Planning in Today’s Uncertain Environment

Simply put, ‘capacity planning’ is the process businesses use to make decisions on how much capacity is needed to meet demand. Along the way, companies aggregate historical data, produce forecasts, and interpret market and sales data to make determinations that…

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