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Supply Chain Planning for Dummies

An easy-to-understand guide to getting started with demand planning.
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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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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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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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Safety Stock How Much is Too Much (or too Little)?

Do we really know how to get levels of safety stock balanced? Here’s a good analogy that might explain things. In the children’s story of ‘The Three Bears’, Goldilocks spends much of her time in the bears’ home looking for…

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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…

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