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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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Contextualizing Inventory for Planning image

Contextualizing Inventory for Planning

As the COVID-19 crisis rolled across the globe throughout 2020, many companies found themselves with brittle or unmanageable supply chains that hampered their response. Many were forced to shutter for part or all the pandemic. Others took longer inventory positions…

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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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Advantages of Cloud vs On Premises Planning Software

For companies considering the purchase of supply chain planning software, one major decision to be made up-front is whether to purchase on-premises or cloud-based software. Traditionally, on-premises software applications were the norm. These systems offered automation, advanced features, and the…

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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…

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