As supply chain professionals cope with the reality of the last decade – and the massive disruptions that came with it – new tools and ideas are needed to optimize processes and streamline operations. For an industry that had grown…
By Olusola Oduntan, Sr. Product Manager. With unprecedented disruption in today’s supply chains, demand and supply planning are more challenging than ever. Trade wars, tariffs, the pandemic, and a host of other significant events that were once rare or generational…
Both demand and supply planning and materials requirement planning (MRP) have been around for a long time. It’s hard to imagine a modern manufacturing company without either one. With a robust MRP system, manufacturers can better control inventory, plan production…
To say that 2020 saw significant disruption in supply chains and supply chain planning would be an understatement. Not since World War II have both national and global economies encountered the level of stress, pressure, and magnitude in global upheavals…
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…
For years, many companies relied upon Sales and Operations Planning (S&OP) to align processes in their supply chain. By doing so, companies were able to improve performance and profitability. As the value perception of S&OP matured it became apparent that…
How do you know if you should be using MRP software? Start by learning about what it is and what it does. Tech Day said, "The aim of MRP software systems is to ensure that material and production planning processes…
Like many industries, supply chain is changing rapidly. The software used for supply chain is evolving to keep up! Predictive analytics are becoming smarter and more accurate. Additionally, technology is playing a role in companies becoming incredibly efficient. As for…
How much do you know about MRP? Material requirements planning (MRP) is very commonly used in supply chain. Did you know that an IBM engineer created it after studying Toyota's lean manufacturing techniques? They are not the same, though. Tech…
Have you started using the cloud in your business? If not, you should absolutely consider it. Businesses seem to be reporting success with the cloud left and right, and for good reason! Supply Chain Management Review said, "Quite simply, cloud…